Iraq to resume Karbala Oil Refinery operations starting Tuesday
The Iraqi Oil Ministry said Monday that when maintenance is finished, activities at the Karbala Oil Refinery would start up again on Tuesday.
According to...
Iraqi Bank Reforms Could Open up Sector for Regional Investors
Iraq’s banking sector could become more attractive to regional investors as the government moves ahead with reforms aimed at improving oversight and strengthening the...
Basra crude oil recorded a 2% decline in weekly trading.
Basra Heavy and Basra Medium crude oil both ended last week lower, following a broader decline in global oil prices, including Brent and West...
UNDP Awards Iraq Contracts
The United Nations Development Programme has awarded several new contracts in Iraq covering environmental projects, maintenance services, and training programs.
Al-Chibaish Organization for Environment Tourism...
Economist: The region’s oil file remains a prisoner of political favoritism...
financial professional Diaa Mohsen confirmed these days, Thursday, that the difficulty of resuming the export of oil from the Kurdistan vicinity to the Turkish...
MP: Baghdad supports the “Diyala Artery” project with 40 billion dinars
MP Burhan Al-Maamouri found out on Friday that Baghdad had agreed to help a vital task in Diyala with extra than 40 billion dinars.
Al-Maamouri...
Oil falls over $1 on expectations for US-Iran nuclear deal
Oil expenses fell over $1 throughout alternate on Thursday on expectations of a potential U.S.-Iran nuclear deal, even as a surprise construct in U.S....
Oil prices rose as supply pressures and global supply concerns persisted.
Oil prices climbed in early Asian trading on Monday after the OPEC+ alliance announced it would postpone planned production increases until the first quarter...
USD/IQD trading halts in Baghdad and Erbil for Eid al-Fitr
The US dollar didn’t have an official rate in Iraq on Saturday because markets were closed for Eid al-Fitr.
Even though trading stopped, some exchange...
MP: The electricity sector needs urgent solutions to ensure the stability...
Former member of the parliamentary energy committee Dakhel Radhi says Iraq’s electricity problem is still far from being solved — and people are paying...
Representatives of exchange companies in Iraq announce the cancellation of their...
On Monday evening, representatives of Iraqi exchange companies announced that their strike would be postponed until further notice.
After meeting with senior members of the...
Rafidain Bank warns its customers against providing their electronic card data.
Rafidain financial institution warned, on Thursday, of fraudulent operations aimed toward stealing the cash of the bank's customers, at the same time as directing...
Iraqi News
World Bank Discusses Support for Iraq’s Electricity Sector
The World Bank has discussed expanding its cooperation with Iraq’s Ministry of Electricity to support priority projects aimed at improving the country’s power infrastructure.
World...
Proposed Changes to Iraq’s Investment Law
Iraq’s parliamentary Investment and Development Committee has held a workshop to discuss proposed amendments to Investment Law No. 13 of 2006. The session was...
Iraq and World Bank in Talks on Procurement Reforms
Iraq’s Ministry of Planning has held talks with the World Bank on reforming the government procurement system, including plans to introduce electronic procurement and...
Parliamentary Finance Committee criticizes Al-Zidi’s budget: promises of appointments but no revenue solutions
Former Parliamentary Finance Committee member Mohammed Al-Shabaki has criticized Prime Minister Al-Zidi’s government for following the same budget policies as previous governments without developing...
Al-Tamimi clarifies the legality and feasibility of paying salaries in dollars instead of dinars.
Legal expert Ali Al-Tamimi has explained why Iraq cannot currently pay government employees’ salaries in US dollars instead of Iraqi dinars without changing existing...