IMF warns of global debt crisis threatening financial stability

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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...

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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

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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

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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

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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

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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...

Al-Mashhadani: I pledge to you that we will work as a...

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On Thursday evening (October 31, 2024), Parliament Speaker Mahmoud Al-Mashhadani pledged to parliamentarians to "work as a cohesive team to legislate laws that serve...

MP: Polluting oil emissions besiege 6 provinces in Iraq

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On Thursday, MP Ali Saadoun requested that the Environment Fund be established in Iraq."The intensity of oil emissions in Iraq is concentrated directly in...

Lebanon seeks to extend heavy fuel oil agreement with Iraq

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Lebanon made the announcement that it is working to extend and increase Iraq's heavy fuel agreement.Walid Fayad, the interim Minister of Energy and Water...

Iran, Kurdistan sign trade agreement to boost economic ties

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On Wednesday, the Iranian news agency IRNA reported that the Chambers of Commerce of Iraqi Kurdistan and Iran's Arvand Free Zone—which includes Abadan, Khorramshahr,...

400 electrical transformers installed in Kirkuk  

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In order to improve supply and distribution in the city center, districts, and sub-districts, the Kirkuk Governorate referred two projects in the electricity sector...

Barzani’s KDP earns 39 seats in Iraq’s Kurdistan parliament

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The electoral commission announced on Wednesday that the ruling party in Iraq's oil-rich Kurdistan autonomous region won the most seats in the legislative election...

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Iraqi News

Parliamentary Finance Committee Employee salaries are secured and a red line

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 law.

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 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

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...
A legal expert explains the feasibility of moving towards a new salary scale for employees.

A legal expert explains the feasibility of moving towards a new salary scale for...

Legal expert Ali al-Tamimi explained the main legal and financial challenges facing the proposed new salary scale for Iraqi employees, saying the issue is...