CBI to Launch New Initiatives for Money Exchange
The Central Bank of Iraq (CBI) is planning new initiatives aimed at expanding the role of money exchange companies and creating additional business opportunities…
Iraqi News & Economy Updates – Page 27
Latest Iraqi News posts
Iraq Private Banks sign MoU with US Energy Engineers Body
The Iraqi Private Banks League (IPBL) has signed a new agreement with the Association of Energy Engineers (AEE) in Washington, D.C., to help support…
Gold continues to decline as bets on a US interest rate hike increase and oil prices rise.
Gold prices extended their losses on Friday after falling more than 2% in the previous session, as rising oil prices increased concerns that inflation…
Oil is on track for weekly gains amid concerns about supply disruptions via the Red Sea.
Oil prices are heading for their biggest weekly gains in months, as growing concerns over global energy supplies continue to support the market. On…
PepsiCo deepens Iraq partnership with manufacturing, agriculture deals
PepsiCo has signed new agreements with two Iraqi partners to expand food and beverage production, strengthen agricultural supply chains, and create more jobs across…
Development Road Project: Iraqi PM calls for Rigour
Progress on Iraq's Development Road project was a key topic during a meeting in Baghdad between Prime Minister Ali al-Zaidi and Turkey's Minister of…
GE Deal to Boost Iraq’s Power Generation Capacity
Iraq has signed a major agreement with GE to strengthen the country's electricity sector and improve long-term energy security. The deal was signed in…
Iraq Private Banks League and GIZ Sign Financial Sector MoU
The Iraqi Private Banks League (IPBL) has signed a new agreement with Germany's Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to support the growth and…
Gold retreats from two-week high
Gold pulled back on Thursday after hitting a two-week high, as rising oil prices and growing tensions in the Middle East kept investors on…
Oil at its highest level in more than six weeks
Oil prices moved higher on Thursday, reaching their highest levels in more than six weeks as tensions in the Middle East continued to grow…
$40bn Investment Opportunity in Domestic Iraqi Production
The Iraq Development Fund says there are investment opportunities worth $40 billion in products that Iraq currently imports but could potentially manufacture inside the…
CBI Pushes E-Payment Firms on Digital Expansion
The Central Bank of Iraq (CBI) has met with licensed electronic payment companies as part of its ongoing efforts to strengthen the country's digital…
Iraq Opens First Solar Module Factory in Karbala
Iraq has officially launched its first industrial-scale solar panel manufacturing facility, marking an important step in the country's efforts to expand renewable energy production…
Al-Haidari emphasizes opening the files of institutions with large revenues
Former Iraqi MP Razzaq al-Haidari has called for broader anti-corruption investigations that focus on government institutions and senior officials who oversee large amounts of…
The dollar is rising again in Baghdad and Erbil.
The U.S. dollar recorded a noticeable increase against the Iraqi dinar on Wednesday morning as trading opened in Baghdad and Erbil. In Baghdad, the…
HKN Energy Contract for Hamrin Field is “Activated”
Iraq has officially activated a development contract for the Hamrin oil field with U.S.-based HKN Energy during a ceremony attended by Oil Minister Basim…
Al-Haboubi warns against turning corruption into a weapon for political defamation and character assassination.
Iraqi politician Hashim al-Haboubi has called for corruption cases to be handled as legal matters rather than being used for political attacks and character…
Will the government be able to afford the additional expenses to ensure the salary scale is adjusted?
Jamal Kojar, a member of Iraq’s Parliamentary Finance Committee, says the future of any salary scale adjustment for government employees will largely depend on…
Gold is approaching unprecedented levels.
Gold prices moved higher on Tuesday as investors increased their demand for safe-haven assets while waiting for new economic data and signals about future…
Oil retreats on mediation hopes
Oil prices moved lower on Tuesday as traders balanced hopes for a possible easing of tensions between the United States and Iran against ongoing…
Get Daily Iraqi Dinar Updates by Email
Iraqi dinar news in your inbox. Unsubscribe anytime.