DNO’s oil production in Iraqi Kurdistan increased
The Norwegian business DNO said on Thursday that, following the effects of the major export pipeline's suspension almost a year ago, its oil production…
Iraqi News & Economy Updates – Page 256
Latest Iraqi News posts
Baghdad invites Gazprom to develop Nasiriyah oil field
The Russian business Gazprom was asked by the Iraqi government to develop the Nasiriyah oil field in southern Iraq, according to a statement released…
Baghdad is considering adopting a special mechanism to sell dollars to travelers
Baghdad – In the context of closing the gaps that allow hard cash to seep into the black market or be smuggled overseas, the…
A former central bank official rules out the collapse of the Iraqi banking system as a result of US sanctions
The collapse of the banking system in Iraq as a result of the US Treasury's sanctions against a number of the nation's banks was…
The Iraqi Central Bank Cancels The Operation Of The Largest Iranian Bank In The Country
Due to international sanctions and the bank's restricted activities in Iraq, the Central Bank of Iraq has revoked the license of the National Bank…
An “intractable problem” prevents the oil and gas law from being removed from Parliament
Ali Al-Lami, a member of the Parliamentary Oil and Gas Committee, said on Tuesday that the oil and gas law would not be passed…
Iraq urges the US to reconsider sanctions imposed on Iraqi banks
Fuad Hussein, the minister of foreign affairs for Iraq, urged the US to reevaluate the penalties against US banks that provide low-income people with…
Baghdad calls on Washington to reconsider the sanctions imposed on 21 Iraqi banks
The Iraqi Ministry of Foreign Affairs announced on Wednesday that Fouad Hussein, the deputy prime minister and minister of foreign affairs, has urged the…
It will be different… Parliamentary Finance talks about the developments in the current year’s budget
The Parliamentary Finance Committee unveiled the most recent changes to the federal general budget for the current year today, Wednesday. "The committee is waiting…
The World Bank praises the infrastructure of electronic payment systems in Iraq
The World Bank said today, Wednesday, that Iraq's electronic payment system infrastructure is the finest in the region. "Governor of the Central Bank of…
Oil agrees to rehabilitate a strategic transportation line between Karbala and Anbar
Aziz Al-Tarmouz, the advisor to the governor of Anbar on energy affairs, revealed on Tuesday that the Oil Ministry has approved the restoration of…
Sudanese Advisor: War is imminent and we ask Iran and America to choose an alternative to Iraq – urgent
In an extensive article published in the London newspaper Al-Sharq Al-Awsat, a well-known advisor to the prime minister of Iraq discussed the intense tension…
Iraqi PM discusses economic cooperation with the Netherlands
On Tuesday, Iraq's prime minister, Mohammed Shia Al-Sudani, reaffirmed the country's desire to strengthen its economic ties with the Netherlands. The Prime Minister highlighted…
American confession regarding the recent treacherous aggression: We informed the Iraqis after it occurred
On Monday, the US State Department acknowledged that Washington notified the Iraqis following the recent attack in the nation's west. This runs counter to…
Biden dismisses the American ambassador to Baghdad and appoints another to replace her, and a source reveals the reasons for that.
According to a news source, US President Biden replaced US Ambassador to Baghdad Elena Romanowski with a new person. According to the source, Biden…
Iran downplays the impact of canceling the operating licenses of three of its banks in Iraq: it harms Baghdad
Iran withheld information about its decision to cease doing business with three of its banks in Iraq today, Monday. Although the report did mention…
Can Iraqi oil be sold in currencies other than the dollar?
Ziad Al-Hashimi, an economist, offered insight on the realities of requests to sell oil in currencies other than the US dollar. "There are emotional…
The Central Bank of Iraq cancels the license of an Iranian bank
An Iranian bank branch in Iraq had its license revoked by the Central Bank of Iraq. The bank said in a letter to the…
Iraq’s oil exports to America exceed five million barrels within a month
Iraq exported more over five million barrels of oil to the US in January, according to data released on Monday by the US Energy…
After the visit of an American official.. Iraq prevents 8 local banks from dealing in dollars
Days after a top US Treasury Department official visited Baghdad, Iraq resolved to restrict the use of US dollars for fraudulent, money laundering, and…
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