US State Department: We renewed Iraq’s exemption from Iranian sanctions for the 21st time
The US State Division affirmed, on Friday, that it had conceded Iraq another exclusion inside a progression of exceptions that it had started in…
Iraqi News & Economy Updates – Page 247
Latest Iraqi News posts
America clarifies its goal of exempting Iraq from importing Iranian energy!
The US State Division expressed the justification for the exceptions conceded to Iraq to import gas and energy from Iran notwithstanding the approvals, noticing…
Iraq to sign new maintenance contracts with General Electric
General Electric (GE) said on Thursday that it will enter into long-term maintenance contracts with the Iraqi Ministry of Electricity, with a production capacity…
Central Bank discusses Increasing the Value of the Iraqi Dinar
On Thursday, Iraq's Finance Committee, led by Atwan Al-Atwani, met with its members and the Governor of the Central Bank of Iraq (CBI), Ali…
The Ministry of Finance is discussing with the Central Bank ways to increase the value of the Iraqi dinar
Today, Thursday, the Parliamentary Finance Committee met with the Central Bank of Iraq to discuss monetary policy, the country's banking sector, and strategies to…
International Energy raises its forecasts for the growth of global oil demand
he Worldwide Energy Organization raised its assumptions for the development of worldwide oil interest during the ongoing year. The office expressed in its report,…
Al-Baldawi: Disagreements are an obstacle to legislating the oil and gas law
Representative Muhammad Al-Baldawi revealed today, Thursday, that the oil and gas bill failed to pass due to political issues. According to Al-Baldawi, "Approval of…
Remittances of currency abroad surpass $226 million in CBI’s auction
Settlements of cash abroad in the National Bank of Iraq's (CBI) closeout rose to $226 million on Thursday, contrasted with settlements that occurred on…
Genel Energy Update on Oil Reserves
Genel Energy has released an update on oil reserves throughout its portfolio. DeGolyer and MacNaughton, international petroleum consultants working on behalf of the operator…
The oil and gas law collides with disputes between the central and regional governments
There is still conflict among Baghdad and Erbil over the oil document, which has stayed an irritating issue for over twenty years. In the…
Iraq, Iran discuss the transfer of gas from Turkmenistan
The Iraqi Minister of Electricity, Ziyad Ali Fadel, stated that discussions are underway to send gas from Turkmenistan to Iraq via Iran. Fadel stated…
Federal Court postpones the white oil pricing for KRI hearing session
The Iraqi Preeminent Government Court settled on Wednesday, to delay the conference in regards to the choice of the Iraqi Bureau to set the…
Iraq takes Delivery of New Crane Barge
Iraq has taken conveyance of another crane barge, the "Shanashil". Talking at an introduction service held at Umm Qasr Port in Basra area, Oil…
Iraqi PM checks Electricity Ministry’s preparations for next summer
Iraqi Prime Minister Mohammed Shia Al-Sudani paid a visit to the Ministry of Electricity's headquarters in Baghdad on Wednesday to assess its preparations for…
Korea: We sell cars to Iraq for a billion dollars and buy its oil for about 8 billion annually
The South Korean consulate in Iraq uncovered that exchange trade among Iraq and South Korea has arrived at 9 billion bucks every year, noticing…
The Sudanese advisor reveals the reasons for the delay in releasing budget allocations
Today, Tuesday, the monetary counsel to the Top state leader, Mazhar Muhammad Saleh, uncovered the purposes behind not delivering the general spending plan portions…
Source: KRI’s payroll faces 300 billion IQD gap, payouts expected in one week
The Ministry of Finance and Economy Council in the Kurdistan Region of Iraq (KRI) will meet today to ratify the distribution of the February…
OPC Completes Rehabilitation of Baiji to Kirkuk Pipeline
Iraq's Oil Pipeline Company announced the completion of restoration work on the 12-kilometer petroleum products pipeline connecting Baiji to Kirkuk. The General Manager, Ali…
Remittances of currency abroad rise to $220 million in CBI’s auction
Remittances of money overseas increased to $220 million during the Central Bank of Iraq's (CBI) auction on Tuesday, compared to Monday. On Tuesday, at…
America imports oil from 4 Arab countries, “including Iraq,” for $1.2 billion in a month
American oil imports expanded by 5%, during the main month of 2024, with 4 Bedouin nations, drove by Saudi Arabia and Iraq, gaining a…
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