Iraq needs 48,000 megawatts to cover electricity consumption
The representative for the Iraqi Service of Power, Ahmed Musa, uncovered on Monday that Iraq needs 48,000 megawatts to cover homegrown power utilization. Musa…
Iraqi News & Economy Updates – Page 211
Latest Iraqi News posts
MP rules out finalizing oil and gas law in 2024
On Friday, MP Ali Saadoun said that the oil and gas law wouldn't be passed in 2024. "The oil and gas law is one…
Former MP: Political ambitions behind silence on region’s oil smuggling
Previous individual from the Parliamentary Oil and Energy Panel, Ghaleb Mohammed Ali, affirmed today, Friday, that there are political desires behind the quiet on…
Iraqi MP warns against Personal Status Law amendment over health and legal concerns
Concerned about the spread of genetic diseases and HIV/AIDS, Iraqi MP Alia Nassif issued a warning on Friday against the proposed amendment to the…
Iraq announces New Bond Issue
In light of the popularity for its "Injaz/Enjaz" ["achievement"] bonds, first gave in May, the National Bank of Iraq (CBI) will offer a second…
Iraq, Kazakhstan, Russia submit compensation plans to OPEC
The Organization of the Petroleum Exporting Countries (OPEC) Secretariat has received compensation plans for excess oil production in the first half of 2024 from…
When can the government implement the salary scale? .. Parliamentary Finance Committee responds
Moeen Al-Kadhimi, a member of the Finance Committee, made the following statement on Thursday: "If the government has the liquidity necessary for 4 million…
MP: The law amending the staff will not increase job grades in state institutions
MP Mudar Maan, a member of the Parliamentary Finance Committee, confirmed today, Thursday, that the staffing law will not raise job grades in state…
Economist accuses political parties of controlling the exchange rate on the black market
Diaa Al-Mohsen, an expert in economics, predicted today, Thursday, that the black market's dollar exchange rate would not rise above 1,500 dinars, accusing political…
Labor launches the salary of the full-time appointee for the month of July
The introduction of the July full-time employee salary was made public today, Thursday, by the Ministry of Labor and Social Affairs. "the Authority has…
Iraqi banking system.. A significant increase in the number of bank accounts and the volume of deposits for citizens
With an increase in the number of bank accounts in the country, Iraq's banking system is gradually regaining citizens' trust. Due to the rapid…
Popular movement: UAE management of Faw port is a blow to the Iraqi economy
Hussein Al-Karaawi, who is in charge of organizing the popular Belt and Road movement, said on Wednesday that the UAE's management of the Faw…
Government advisor points to weak cash credit ratio in Iraqi private banks
Mazhar Muhammad Salih, the Iraqi government's financial advisor, said on Wednesday that private banks' cash credit-to-deposit ratio may approach the standard of 75%, which…
Central Bank confirms smooth selling of dollars to travelers
The National Bank of Iraq affirmed, today, Tuesday, the smooth progression of offering dollars to explorers through air terminal outlets. "The flow of selling…
MP: Popular Mobilization Forces Service and Retirement Law will be passed in today’s session
The Popular Mobilization Forces service and retirement law will be approved today, MP Adnan Al-Jaberi confirmed on Wednesday. Al-Jaberi stated, "The Popular Mobilization Forces…
Efforts to reduce the price of improved gasoline to 600 dinars
The Baghdad Provincial Council is getting ready to present a plan to bring the price of improved gasoline down to 600 dinars per liter.…
Parliamentary Investment: Approval of the Arbitration Law will protect foreign capital from sanctions
MP Mohammed Al-Ziyadi, a member of the Parliamentary Economic and Investment Committee, confirmed on Tuesday that the arbitration law's approval will shield foreign capital…
International Development Bank continues to open deposit accounts for citizens
Today, Tuesday, the International Development Bank for Investment confirmed that it will continue to open deposit accounts in accordance with the linking period requirements…
Iraq begins Importing Turkish electricity
On Sunday, via video conference, Prime Minister Mohammed Shia Al-Sudani opened the electricity interconnector between Turkey and Iraq. The new line runs west of…
Jordan and Iraq Extend Oil Supply Agreement
The Iraqi Cabinet has approved the extension of the crude oil supply memorandum of understanding (MoU) between the Iraqi Ministry of Oil and the…
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