Iraq signs Contract with GCCIA for Import of Electricity
For the purpose of importing electricity, Iraq has entered into a contract with the Gulf Cooperation Council Interconnection Authority (GCCIA).The project aims to reduce...
CBI reports loan growth exceeding $46.5B
On Wednesday, the Central Bank of Iraq (CBI) declared that the total amount of advances and loans to banks had risen to more than...
Dhi Qar Provincial Council leadership conflict escalates after court ruling
According to government records, Abdul-Baqi Al-Omari, who was recently appointed head of the Dhi Qar Provincial Council in accordance with a court order, gave...
Dollar prices drop in Baghdad and Erbil
The US dollar's value relative to the Iraqi dinar decreased somewhat on Wednesday in the marketplaces of Baghdad and Erbil.The inauguration of the primary...
Parliamentary Oil Committee warns: The region is causing a reduction in...
Basem Al-Gharibawi, a member of the Parliamentary Oil and Natural Resources Committee, issued a warning on Wednesday against the Kurdistan Region continuing its unofficial...
Al-Sudani stresses the importance of setting standards for partnership between the...
Today, Wednesday, Prime Minister Mohammed Shia Al-Sudani emphasized the significance of establishing guidelines for collaboration between the business sector and the Iraq Development Fund. His...
Central Bank Governor chairs first bank lending meeting
The first meeting of the Supreme Executive Committee for the National Strategy for Bank Lending in Iraq was presided over by Ali Al-Alaq, the...
MP: The US Federal Reserve is besieging Iraqi liquidity through the...
Firas Al-Maslamawi, a State of Law MP, stated on Tuesday that the Federal Bank's measures were the primary cause of the ongoing lack of...
Oil announces the start of exporting jet fuel
On Tuesday, the Ministry of Oil made the announcement that jet fuel exports would begin."The Undersecretary of the Ministry of Oil for Refining Affairs,...
Kurdistan employees’ salaries due to arrive within three days from Baghdad
According to a reliable source, the Federal Ministry of Finance will transfer the Kurdistan Region employees' salaries due for September from Baghdad within the...
The State of Law rules out that problems within the state...
Sheikh Haider Al-Lami, the head of the State Administration Coalition, denied that the issues within the coalition would result in the overthrow of the...
Business Ready 2024 Report highlights Iraq’s business climate progress and challenges
Baghdad The Business Ready 2024 Report (B-READY) was recently released by the World Bank. It provides a comprehensive and in-depth evaluation of the business...
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...