DNO Makes Possible $271m Offer for Genel Energy
Norwegian oil and gas company DNO ASA has made a possible cash offer to buy Genel Energy plc, valuing the company at around £202...
US Fed Ships $500m Cash to Central Bank of Iraq
A shipment of $500 million in cash has arrived in Iraq from the U.S. Federal Reserve and has been delivered to the Central Bank...
KRG Disputes Dana Gas Deal, “will take All Appropriate Measures”
The Kurdistan Regional Government (KRG) has raised concerns over gas supplies from the Khor Mor field, saying that Crescent Petroleum and Dana Gas started...
Iraq “Considers Removing Three Zeros from Dinar”
The Iraqi federal government is reportedly considering removing three zeros from the Iraqi dinar as it looks for ways to deal with growing financial...
Concerns are growing within Iraq following the negative experience: American companies...
Concerns are growing across Iraq as more people question the government's increasing reliance on American companies. Many Iraqis believe that after years of operating...
Oil expert: Oil prices will not fall below $80 until the...
Oil expert Hamza Al-Jawahiri said on Thursday that crude oil prices are expected to remain strong in global markets and are unlikely to fall...
Highest in two months: Mosul Dam releases rise to 800 cubic...
Water releases from Iraq’s Mosul Dam into the Tigris River have increased to their highest level in the past two months, according to an...
The issue of securing salaries remains unresolved; political interests and American...
Concerns are growing among Iraqi employees and retirees over whether the government will be able to secure salary payments by the end of the...
Al-Husseini summarizes the reasons for the financial crisis: American dominance and...
Former Iraqi MP Yasser Al-Husseini has outlined what he believes are the main factors behind Iraq’s ongoing financial difficulties and challenges in distributing salaries,...
Parliamentary Finance Committee reveals the advantages of the proposed Preventive Oversight...
Basim Al-Gharabi, a member of Iraq’s Parliamentary Finance Committee, announced on Wednesday that a proposal has been submitted to establish a preventive oversight law...
Khor Mor Gas Project Starts Supplies to Kirkuk Power Station
Crescent Petroleum and Dana Gas have started supplying natural gas from the Khor Mor field to Iraq’s Ministry of Electricity under an agreement signed...
New Head of Iraq’s National Investment Commission
Adel Dakhil Muhammad Al-Yasiri has officially assumed his position as Chairman of Iraq’s National Investment Commission (NIC), marking a leadership change at one of...
Iraqi News
Illegal Currency Network Dismantled as Dinar Weakens
Iraqi authorities have dismantled an illegal currency exchange and money transfer network in Baghdad, arresting five suspects and seizing $240,000 in cash.
According to the...
Oil Sector Talks for Iraqi PM in New York
Iraqi Prime Minister Ali Al-Zaidi held separate meetings in New York with representatives from U.S. oil companies HKN Energy and ExxonMobil to discuss investment...
The dollar is below 157,000 dinars in Baghdad and Erbil.
The US dollar continued to fall in Iraq's currency markets on Thursday, extending the downward trend that has been seen since the start of...
Al-Marsoumi: 23,000 employees in the Ministry of Electricity without certificates
Economic expert Nabil Al-Marsoumi has shared new figures highlighting the educational levels of some government employees in Iraq, based on data from the latest...
Foreigners’ wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects
Iraq's Parliamentary Committee on Oil, Gas, and Natural Resources has raised concerns about the large gap between the salaries of Iraqi workers and foreign...