Iraq-Turkey Roundtable on Trade and Investment
An Iraqi-Turkish business roundtable was held in Baghdad to discuss ways to strengthen trade and economic cooperation between Iraq and Türkiye.
The meeting was chaired...
The suffering of Iraqis continues… Many questions remain about General Electric’s...
Questions are being raised in Iraq about the long-standing role of General Electric in the country’s electricity sector, as power shortages continue to affect...
Gold is on track for its first monthly gain since February,...
Gold prices were on track to record their first monthly gain since February on Friday, supported by a weaker U.S. dollar and the Federal...
Oil prices are falling but are on track to record monthly...
Oil prices moved lower on Friday as oil shipments continued to pass through key shipping routes, easing concerns about supply disruptions despite little progress...
Global oil prices are falling, with Brent crude dropping to $89.
Global oil prices moved lower on Thursday, giving back some of the strong gains recorded in the previous trading session.
Brent crude futures dropped by...
$2m Found at Home of Former Official
Iraq’s Federal Commission of Integrity has announced the discovery of IQD 2.5 billion (about USD 1.9 million) in cash at the home of a...
Egypt-Iraq Investment Ties on Agenda at NIC Talks
Salar Muhammad Amin, Deputy Chairman of Iraq’s National Investment Commission (NIC), met with Egypt’s Trade Attaché to Iraq, Samir Qurashi, to discuss ways to...
Parliamentary Finance Committee warns of the risks of borrowing on the...
Basim al-Gharabi, a member of Iraq’s Parliamentary Finance Committee, has warned that the country could face an economic crisis in the near future if...
MP: Iraq needs 5,000 cubic meters of gas to cover its...
Ghalib Muhammad Ali, a member of Iraq’s Parliamentary Oil, Gas, and Natural Resources Committee, said the country needs more than 5 billion standard cubic...
Zain Mart and Switch in Digital Payment Partnership
Zain Mart, the online shopping platform of Zain Iraq, has partnered with Switch, a financial services company, to provide instalment payment options for eligible...
Iraq and Turkey Agree to Launch Development Road Project
Iraq and Türkiye have agreed to start work on the Development Road project, with both countries signing several agreements covering energy, transportation, education, and...
TPAO Acquires 15% Stake in Kirkuk Field from BP
Türkiye Petrolleri Anonim Ortaklığı (TPAO) is set to take a 15% stake in BP Energy Company of Kirkuk Limited (BP ECKL), the company created...
Iraqi News
Illegal Currency Network Dismantled as Dinar Weakens
Iraqi authorities have dismantled an illegal currency exchange and money transfer network in Baghdad, arresting five suspects and seizing $240,000 in cash.
According to the...
Oil Sector Talks for Iraqi PM in New York
Iraqi Prime Minister Ali Al-Zaidi held separate meetings in New York with representatives from U.S. oil companies HKN Energy and ExxonMobil to discuss investment...
The dollar is below 157,000 dinars in Baghdad and Erbil.
The US dollar continued to fall in Iraq's currency markets on Thursday, extending the downward trend that has been seen since the start of...
Al-Marsoumi: 23,000 employees in the Ministry of Electricity without certificates
Economic expert Nabil Al-Marsoumi has shared new figures highlighting the educational levels of some government employees in Iraq, based on data from the latest...
Foreigners’ wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects
Iraq's Parliamentary Committee on Oil, Gas, and Natural Resources has raised concerns about the large gap between the salaries of Iraqi workers and foreign...