Iraqi Electricity: The smart transformation project ensures 24-hour power supply
In a meeting led by Minister of Electricity Ziad Ali Fadel today, Sunday, the Ministry of Electricity said that the smart transformation project will…
Iraqi News & Economy Updates – Page 257
Latest Iraqi News posts
Document… banning 8 Iraqi banks from participating in the foreign currency buying and selling window
An official document issued by the Central Bank of Iraq stated that eight Iraqi banks have been prohibited from participating in the window for…
Iraq’s revenues from oil exports exceeded $8.025 billion in January
The oil ministry in Iraq verified on Friday that the country's oil export earnings for January exceeded $8.025 billion. The State Organization for Marketing…
Iraq’s revenues from oil exports fall by 3%
Iraq received $8.025 billion in income from oil shipments in January, a three percent decline. The Iraqi Ministry of Oil released numbers showing that,…
The Iraqi government denies prior coordination of US strikes and confirms the toll of casualties and wounded
Bassem Al-Awadi, the spokesman for the Iraqi government, denied on Saturday that Baghdad and Washington had previously coordinated over the American-led strikes that targeted…
Al-Sudani: The government will continue its measures to reform the banking sector
Today, on Saturday, Prime Minister Muhammad Shiaa Al-Sudani reaffirmed that sovereign guarantees had been given by the government for private sector initiatives. The reported…
Al-Sudani: We cannot rely on the budget, oil prices, and government jobs
On Saturday, Prime Minister Muhammad Shiaa Al-Sudani emphasized the need of developing modest initiatives and gaining social knowledge of the private sector in Iraq.…
Deputy: Washington violated the strategic framework agreement, and Parliament is ready to respond in kind
Saturday's confirmation by Representative Aqeel Al-Fatlawi that Washington had broken the terms of the Strategic Framework Agreement showed that Parliament was prepared to pass…
Hamas says US strikes on western Iraq, Syria ‘Pour Oil On Fire’
Gaza: On Saturday, the militant Palestinian organization Hamas denounced the US attacks carried out over night in Syria and Iraq, claiming that Washington had…
Iraq achieves more than $8 billion in financial revenues from selling oil for the month of January
The Ministry of Oil revealed on Friday the entire amount of money made from the sale of crude oil in January of last year,…
Iraq and Turkey agree to open offices to follow up on the work of implementing the development path
Razzaq Muhaibas Al-Saadawi, the minister of transportation, and Abdul Qadir Oraloglu, the minister of transportation from Turkey, decided on Friday to create offices in…
Parliamentary Finance: The 2024 budget will include new appointments
Mustafa Al-Karaawi, a member of the Parliamentary Finance Committee, said that additional positions are included in the government budget for the current year, 2024.…
Oil Minister: OPEC Plus keeps production levels unchanged
Hayan Abdul Ghani, the deputy prime minister for energy affairs and minister of oil, declared on Thursday that the OPEC Plus alliance's ministerial meeting…
For this reason… oil prices are heading towards their largest weekly loss in three months
As talks to find a cease to the fighting between the Zionist entity in the Gaza Strip move forward, oil prices are on the…
A parliamentary decision to deduct an amount of “one million dinars” from the representative’s salary for each day of absence
In its fifth session of the first legislative term, the third legislative year, and the fifth electoral cycle, the Iraqi House of Representatives voted…
The Iraqi Parliament calls for confronting US sanctions and selling oil for anything other than the dollar
In an effort to counteract US sanctions on Iraqi banks, the Finance Committee of the Iraqi House of Representatives advocated on Wednesday for the…
Oil prices are rising and a barrel of Brent is approaching $81
Following the US Federal Reserve's decision yesterday to steady interest rates for the seventh time since the monetary tightening cycle began, oil prices increased…
Al-Sadiqoun responds to Saudi Arabia and Kuwait regarding Khor Abdullah and the Durra field
The Sadiqoun parliamentary caucus demanded today, Thursday, that Kuwait and Saudi Arabia uphold Iraq's sovereignty and that the government act to protect Iraq's maritime…
Deputy: Investing gas emissions in Basra fields will save $4 billion
The Parliamentary Oil Committee member Representative Durgham al-Maliki said on Thursday that the Iraqi treasury will save an estimated four billion dollars a year…
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