Oil prices rise as Middle East peace efforts falter
Oil prices moved higher on Thursday, recovering some of the losses from the previous day as uncertainty around the Middle East situation continued.Brent crude...
MP: Passing the oil and gas law will end the region’s...
Ahmed Al-Shammari says there is serious momentum inside parliament to finally pass Iraq’s long-delayed oil and gas law.Speaking about the issue, he explained that...
Blackout hits Kurdistan as grid collapses
A major power outage hit the Kurdistan Region of Iraq on Wednesday after a technical fault disrupted the الكهرباء network.According to the Kurdistan Regional...
Dollar exchange rates rise in Iraqi markets
The exchange rate of the US dollar went up slightly against the Iraqi dinar on Thursday morning in Baghdad markets.According to reports, the dollar...
Iraqi Airspace to Remain Closed Until Saturday Noon
Iraqi Civil Aviation Authority has announced that Iraqi airspace will remain closed to all flights—arrivals, departures, and transit—until 12:00 noon on Saturday.The authority said...
Iraq faces its most serious financial test in decades; the collapse...
Iraq’s economy is going through a very serious crisis right now, driven by a sharp drop in oil exports. Ongoing regional tensions and the...
Iran denies talks with US despite ceasefire plan reports
Iran says it is not in any talks with the United States right now.Speaking on Wednesday, Amir Moghadam made it clear that there have...
Political movement: Washington is using various means to thwart any government...
A member of a political movement, Muhammad Abu Sa'ida, says the Trump administration is trying to put pressure on Iraq’s political process.Speaking about the...
Gold jumps more than 2% as the dollar weakens
Gold prices jumped sharply on Wednesday, rising more than 2% as the US dollar weakened. When the dollar drops, gold becomes cheaper for people...
Iraq Developing Roadmap to Align with EU Carbon Border Rules
Iraq is starting to take a closer look at how it can keep up with new global rules on carbon emissions, especially those coming...
Iraqi Fuel Production Exceeds Domestic Demand
The Ministry of Oil says things are still under control when it comes to fuel, even with the current challenges.They explained that oil production...
CBI Acts to Address Dollar Restrictions on Banks
The Central Bank of Iraq says it’s taking steps to fix problems that have stopped some Iraqi banks from using US dollars.Ahmed Dawood Salman,...
Iraqi News
An economic expert says Iraq is capable of securing salaries for six months.
Economic expert Safwan Qusay said Iraq is capable of securing employee salaries for the next six months starting from May 1, despite the current...
Parliamentary Finance Committee: Employee salaries are secured and a red line
MP Mudhar Al-Karawi said on Wednesday that Iraqi state employees’ salaries are fully secured and remain a “red line” that cannot be compromised, despite...
Mounis calls on political forces to overcome their bickering and quickly finalize the budget...
Hussein Mounis stressed on Wednesday that Iraq’s general budget law can no longer face delays, calling on political parties to put aside their disagreements...
Iraqi oil prices plummet amid global stock market turmoil
Iraqi oil prices saw a sharp decline on Wednesday, with both Basra Heavy and Basra Medium crude recording major losses alongside a broader drop...
Iraq Banking Sector Reform: Second Phase Under Way
The Central Bank of Iraq confirmed that its banking sector reform program is continuing as Iraqi banks move through the second phase of the...