Al-Sudani’s advisor reveals the positives of the Central Bank’s interest rate...
Mazhar Muhammad Salih, the Economic Advisor to the Prime Minister, stated that the Central Bank's decision to lower interest rates to 5.5 percent encourages...
Economic analysis of the development of Iraqi banks’ assets
Recent years have seen a notable expansion of the banking industry in Iraq, which is indicative of major initiatives to modernize the financial system...
Parliamentary Finance Committee calls on the government to control non-oil revenues
MP Moeen Al-Kadhimi, a member of the Parliamentary Finance Committee, demanded that the government control non-oil revenues on Saturday in order to achieve cash...
Iraqi Ministry of Electricity and GE Vernova power transmission project
The early completion of five important substation projects nationwide in less than two years was announced today by GE Vernova and the Iraqi Ministry...
Iraq reduces oil exports to 3.3 million barrels per day
Friday's announcement by the Ministry of Oil lowered daily oil exports to 3.3 million barrels."Iraq has reduced its production and reduced its oil exports...
Iraq signs Gas Field Development Contract
A contract to develop the Mansuriya gas field in Diyala province has been signed by the Iraqi Ministry of Oil.The consortium of Petro Iraq...
IMF warns of global debt crisis threatening financial stability
The International Monetary Fund released a report detailing the worsening global debt crisis after it reached levels that pose a threat to global financial...
Rafidain Bank announces granting Riyada Initiative loans to more than 5,000...
Since the program's inception, more than 5,000 individuals have received Riyada Initiative loans, Rafidain Bank announced today, Friday."more than 5,000 loans have been granted...
Currency market muted as investors eye US jobs report, election
As investors awaited the U.S. jobs report to confirm economic resilience ahead of the Federal Reserve's monetary policy meeting and a close U.S. presidential...
State of Law: Ministerial change is currently ruled out
Haider al-Lami, a member of the State of Law Coalition, said on Thursday that there wouldn't be a ministerial reshuffle soon because the government...
Iraq inks a deal to develop Mansuriya gas field
The Iraqi Ministry of Oil reported on Thursday that Iraq had signed a contract to develop the Mansuriya gas field in Diyala governorate in...
Oil prices jump 2%, Brent crude hits above $74
Following a report that suggested Iran could be planning an attack on Israel in the next days, oil prices surged, drawing the market's attention...
Iraqi News
Al-Kaabi: Parliament intends to legislate a package of fair laws for the Popular Mobilization...
An Iraqi lawmaker says parliament is getting ready to push forward with a new wave of important laws.MP Hassan Al-Kaabi said the focus will...
Dollar exchange rates fall in Baghdad and remain stable in Erbil
The US dollar got cheaper in Baghdad on Saturday, while rates in Erbil stayed mostly the same as the week began.In Baghdad, the Al-Kifah...
Al-Baldawi: Relying on a single outlet for oil exports is gambling with the country’s...
An Iraqi lawmaker is urging the next prime minister to act fast on a major risk to the country’s economy.MP Mohammed al-Baldawi said the...
European gas reserves at their lowest level in 5 years
New data from the Association of European Gas Infrastructure Operators (AGEI) shows that Europe’s gas storage levels dropped sharply by the end of April.Storage...
Elites gather: Washington is using the financial system to exert political pressure on Iraq.
A member of the Iraqi Elite and Conscious Competencies Gathering has accused the United States of controlling Iraq’s oil revenues and limiting its financial...