Iran’s Involvement: Turkmenistan exceptional deal to supply Iraq with gas
The deputy leader of the Iraqi parliamentary committee on energy and power, Hassan Al-Asadi, disclosed on Saturday a "exception" in the gas deal between…
Iraqi News & Economy Updates – Page 254
Latest Iraqi News posts
Iraqi PM welcomes British investment, meets UK Foreign Minister
On the fringes of the Munich Security Conference in Germany on Friday, British Foreign Minister David Cameron had a meeting with Iraqi Prime Minister…
US dollar exchange rate slightly increases in Baghdad, Erbil
The closing of the nation's two major stock markets on Thursday resulted in an increase in the value of the US dollar relative to…
Erdogan sets 60 days to “resolve” Al-Faw port: We are working with Abu Dhabi and Baghdad quickly
Recep Tayyip Erdogan, the president of Turkey, stated that following his recent visit to the United Arab Emirates, he was given 60 days to…
Al-Sudani discusses with Admiral Munch the role of “NATO” after the withdrawal of the international coalition from Iraq
On Friday, the Commander of the Joint Forces of the North Atlantic Treaty Organization (NATO), Admiral Stuart Munch, and Prime Minister Muhammad Shiaa Al-Sudani…
Investment Opportunity: Waste-to-Energy Power Plant
The establishment of a Waste-to-Energy (WtE) power production facility in the Baghdad Governorate/Al-Nahrawan area has been announced as an investment opportunity by the Iraqi…
The Baghdad dollar ends its week near 152.5.. The money changers felt “the tension has ended” with the Americans
The US dollar's exchange rates ended the week steady on Thursday night, hovering around 152.5 thousand dinars for every $100 note. This level of…
Remittances of currency abroad rise to $185 million in CBI’s auction
At the Central Bank of Iraq's (CBI) auction on Thursday, foreign currency remittances increased by 88% as compared to cash sales, totaling $185 million.…
Iraq follows Russia as second largest oil supplier to India
According to data released by the Indian Ministry of Commerce and Industry, as of December 2023, Iraq was India's second-largest oil supplier, after Russia.…
Iraq will produce double the electricity coming from Jordan and 2% of Iranian gas!
Iraq is scheduled to start its first trash-to-electricity experiment next month. The project would use 3,000 tons of waste each day in Baghdad, the…
Parliamentary Finance clarifies the powers of the legislative and executive authorities in “amending the budget”
The federal government's powers and the House of Representatives' participation in the current year's budget—which the House of Representatives is still awaiting from the…
Iraq, Saudi Arabia review oil prices in Baghdad
Under the auspices of OPEC, Iraq's prime minister, Mohammed Shia Al-Sudani, underlined the need of cooperating with Saudi Arabia to manage the energy market…
Parliamentary Economy: Banned banks constitute 50% of private banks in Iraq
50% of Iraq's private banks are banks that the US Treasury has prohibited, according to information released on Wednesday by the Iraqi Banks Association…
Parliamentary Finance determines the arrival of budget amendments to the House of Representatives
The administration will submit changes to the 2024 budget plans to Parliament within a maximum of 10 days, the Parliamentary Finance Committee declared on…
An economist warns of the US Treasury’s policy with Iraq
On this Wednesday, Nabil Jabbar Al-Ali, an expert in economics, issued a warning on the US Treasury Department's strategy and the actions it took…
Shell withdraws from petrochemical project in Iraq
The Nebras Integrated Petrochemical Complex project in Iraq is no longer moving further, according to Shell's decision. The business stated in a statement that…
UAE, Qatar firms compete in bidding for $2.5bn Baghdad metro project
Contractors and developers from the United Arab Emirates and Qatar are interested in building Iraq's first elevated metro, which is scheduled to be constructed…
Law: The judiciary saved Iraq from Al-Halbousi’s plans
The State of Law coalition urged the Iraqi courts to hold the expelled Speaker of the House of Representatives, Muhammad al-Halbousi, responsible today, Tuesday.…
The start of the meeting of the Arab Parliamentary Excellence Award Committee, headed by Iraq
The thirty-third session of the Executive Committee of the Arab Inter-Parliamentary Union and the meeting of the Arab Parliamentary Excellence Award Committee were started…
Crisis in choosing the Speaker of the Iraqi Parliament: No indications of a solution soon
The dispute over the appointment of a consensus candidate for the Speaker of the Iraqi Parliament has entered its third month. The Sunni forces,…
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