Chinese Firm Wins $2.5bn Iraq Seawater Pipeline Contract
China Petroleum Engineering Co. (CPECC) has announced that its absolutely-owned subsidiary, China Petroleum Pipeline Engineering Co. (CPPE) has been provided a prime settlement by...
Iraqi PM Inaugurates New Gas Turbine at Bismayah
prime Minister Mohammed Shia Al-Sudani has inaugurated gasoline turbine unit No. 13 at the Bismayah gas power Plant, including three hundred MW to the...
The Central Bank reassures citizens: Solar energy financing has not stopped.
The significant bank of Iraq showed, on Sunday, the continuation of granting loans under the Renewable power Initiative, denying reviews about its suspension. It...
Iraq hosts Kuwaiti Delegation to discuss Joint Oil Fields
Iraqi Oil Minister Hayan Abdul-Ghani met with a Kuwaiti delegation this week to discuss the Memorandum of know-how (MoU) on joint border oil fields...
Dollar prices drop in Baghdad, Erbil
On Saturday, the trade rates оf the united states dollar against the Iraqi dinar edged lower in Baghdad and in Erbil markets.
in keeping with...
Oil prices hold onto gains as peace talks in Ukraine are...
Oil prices held onto their gains for the second day in a row as investors kept a close eye on ceasefire talks in Ukraine,...
Basra crude oil prices fall by more than $10
Oil prices from Iraq sent mixed signals on Thursday. While global oil prices were going up, Iraq’s own crude—Basra Heavy and Basra Medium—actually dropped...
$379m in Iraqi Assets Recovered from Abroad
The Iraq Fund for the Recovery of Smuggled Assets says it has recovered about $379 million of Iraqi money from abroad.
The fund’s chairman, Mohammed...
MP: Oil and gas field development projects in Diyala are ongoing...
Mudhar al-Karawi said on Monday that oil and gas projects in Diyala are still moving forward and have not been stopped.
He pushed back against...
Iraq and US to Expand Joint Security Coordination
Iraq and the United States have agreed to create a new High Joint Coordination Committee to strengthen cooperation between the two countries.
This decision came...
An economist says it’s likely that a spending law and a...
Economic expert Dr. Safwan Qusay says Iraq may be better off passing a special spending law for the rest of this year rather than...
Accused of negligence, the Parliamentary Energy Committee calls on Al-Sudani to...
Member of the Parliamentary power Committee, Kamel Al-Akeili, known as on prime Minister Mohammed Shia Al-Sudani, nowadays, Monday, to shape a committee to hold...
Iraqi News
Gold rises more than 1%, supported by a weaker dollar and lower US Treasury...
Gold prices rose by more than 1% on Friday as the US dollar weakened and Treasury bond yields fell. Lower oil prices also supported...
Is it blatant theft or economic reform? The government resorts to citizens to compensate...
Several Iraqi provinces are preparing for demonstrations and protests following the government's recent decision to raise the dollar exchange rate to 150,000 dinars per...
Two weeks after his removal, a ministerial order reinstates the director of Diyala Electricity...
A government source revealed on Thursday that a ministerial order has been issued to end the suspension of the Director of the Diyala Electricity...
Al-Husseini outlines steps to eliminate the gap between the official and parallel dollar exchange...
Former member of the Parliamentary Economy and Investment Committee, Yasser al-Husseini, said on Thursday that Iraq can address the dollar exchange rate problem by...
Basra crude oil prices declined despite rising global oil prices.
Basra crude oil prices continued to decline on Thursday for the third consecutive day, even as global oil prices moved higher and Brent crude...