US Dollar Shipments to Iraq “are a Molehill, not a Mountain”
Recent reports about the temporary suspension of US dollar cash shipments to Iraq have attracted significant attention, especially during the escalation of tensions involving…
Iraqi News & Economy Updates – Page 25
Latest Iraqi News posts
Al-Abadi: The Ceyhan agreement will enhance the flexibility of Iraqi oil exports.
Iraqi Oil Minister Bassem Mohammed Khudair Al-Abadi said on Saturday that his visit to Turkey is focused on strengthening cooperation between the two countries…
Dollar climbs in Baghdad and Erbil
The US dollar opened trading higher in Iraq on Saturday, reaching levels close to 151,000 Iraqi dinars per $100 in both Baghdad and Erbil.…
The Prime Minister’s advisor reveals the truth about the public debt situation and the plan to diversify revenues.
Iraq’s public debt remains at manageable levels and does not currently pose a major threat to the country's economy, according to Prime Minister's financial…
MP reveals “blatant violations” in final accounts
Iraqi MP Amer Abdul-Jabbar said on Saturday that serious violations have been found in the final government accounts approved by Parliament for previous years,…
How long can Iraq rely on Central Bank Reserves, Money-Printing?
These are some of the most important questions facing Iraq's economy today. Here's a simple breakdown of each issue: 1. How can Iraq sustain…
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…
The suffering of Iraqis continues… Many questions remain about General Electric’s control over the electricity sector.
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, supported by a weaker dollar and the Federal Reserve’s decision.
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 gains of nearly 20%.
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…
$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 Iraqi economy
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 electricity needs
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…
Gold maintains its balance amid anticipation of the US Federal Reserve’s decision.
Gold prices stayed mostly steady in global markets on Wednesday as investors waited for the US Federal Reserve’s interest rate decision and comments from…
Parliamentary Electricity Committee: Al-Zidi’s visit to Washington was for media purposes, and the signed energy contracts are fictitious.
MP Criticises Washington Visit and Questions Energy Agreements Member of the Parliamentary Electricity Committee Noura al-Juhaishi stated on Wednesday that the government’s recent visit…
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