OPEC cuts 2024, 2025 global oil demand growth view again
OPEC lowered its projection for next year and its forecast for global oil demand growth in 2024 on Monday, marking the producer group's third...
Iraq to issue New Govt Bonds
A new batch of "Injaz/Enjaz" bonds, or "achievement" bonds, will be issued by Iraq's Ministry of Finance, it has been announced.The bonds will be...
Central Bank Governor discusses with German Ambassador enhancing financial inclusion and...
As the two parties discussed expanding financial inclusion and digital transformation, the Ambassador of the Federal Republic of Germany to Iraq, Christiane Homann, was...
Parliamentary Finance: 2025 budget tables must be realistic
Moeen Al-Kadhimi, a member of the Parliamentary Finance Committee, emphasized today, Monday, the significance of reducing the financial deficit by diversifying revenues from sources...
In numbers.. The 2024 budget and the rate of Iraqi oil...
Mazhar Muhammad Salih, the financial advisor to the Prime Minister, stated that the budget for 2024, which went into effect, had a "precautionary deficit"...
Central Bank: Al-Riyada Bank for Financing Small Projects to Launch Its...
Today, Monday, the Central Bank of Iraq confirmed that Al-Riyada Bank for Financing Small Projects will soon begin offering services.According to a statement from...
Rehabilitation of electrical networks in Diwaniyah neighborhoods
In order to improve equipment and reduce malfunctions, particularly during the upcoming winter, the Electricity Distribution Directorate in Diwaniyah Governorate has begun rehabilitation and...
Oil prices fall after disappointing Chinese inflation data
Following concerns about demand sparked by dismal Chinese inflation statistics and uncertainty around Beijing's intentions for economic stimulus, oil prices dropped more than $1...
Parliamentary Finance Committee reiterates: Employees’ salaries are fully secured
Mudhar Al-Karawi, a member of the Parliamentary Finance Committee, reiterated on Monday that Iraqi institutions' employees' salaries will be fully guaranteed through 2024."The oil...
Al-Fath: Arrest of Iraqi pilgrims raises 3 legitimate questions
"The arrest of Iraqi pilgrims in Saudi Arabia is no longer specific cases, but has been repeated in a way that raises many question...
Parliamentary demands to raise interest rates on bank deposits
The Parliamentary Investment Committee called for raising the interest rate on bank deposits in order to keep up with digital transformations and boost citizens'...
Iraqi Finance Ministry issues government bonds worth up to 1.3 trillion...
The third round of government "Injaz" bonds for public subscription with a total value of 1.3 trillion Iraqi dinars was announced on Sunday by...
Iraqi News
Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars allocated for job...
Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...
Iraqi oil prices fall by 2%… Basra crude records $112
Iraqi oil prices moved lower on Wednesday, falling more than 2% as global energy markets weakened.Basra Heavy crude dropped $1.13 to $112.50 per barrel,...
Al-Kadhimi: Halting dollar shipments is American blackmail that infringes on Iraq’s sovereignty.
Former parliamentary finance committee member Mu'in al-Kadhimi criticized reports that the US halted dollar shipments to Iraq, calling the move “political blackmail” and interference...
1.6m bpd Kirkuk Export Pipeline Set for Relaunch
Iraq’s Ministry of Oil says exports through the Kirkuk-Fishkhabour-Turkey pipeline could resume soon, starting with limited volumes.The pipeline has a capacity of 1.6 million...
DNO issues Update on Production
Norwegian energy company DNO has given an update on its operations in Iraq’s Kurdistan region, saying it is preparing to ramp production back up...