New Limestone and Oil-Well Cement from Basra Plant
The Basra Cement Plant has started producing two new types of cement as part of efforts to expand local manufacturing and meet growing market…
Iraqi News & Economy Updates – Page 28
Latest Iraqi News posts
Floating Gas Terminal Deal Agreed for Khor al-Zubair
Iraq is moving forward with its floating gas platform project at Khor al-Zubair after Prime Minister Ali al-Zaidi met with the CEO of U.S.-based…
The dollar continues to decline… a new drop in the Baghdad and Erbil markets
The Iraqi dinar strengthened again on Monday as the U.S. dollar continued to lose value in both Baghdad and Erbil markets. In Baghdad, the…
Inflation fears drive down global gold prices
Gold prices moved lower in global markets on Monday as Brent crude oil surged above $90 per barrel, raising fresh concerns about inflation and…
Association of Banks: Central Bank’s understandings with the US Treasury will reflect on the stability of the Iraqi dinar.
The Association of Iraqi Private Banks says the recent agreements between the Central Bank of Iraq and the U.S. Treasury mark an important step…
Solar Power Station for Arab Oil Training Institute
Key Takeaways: Hybrid Solar Power Station at Iraq's Arab Oil Training Institute Iraq has successfully installed and started operating a new hybrid solar power…
State of Law rules out Zaidi rebellion: Washington’s support does not mean it will break away from the coordination framework
State of Law Figure Dismisses Possibility of Iraqi PM Breaking Away from Coordination Framework Jassim Mohammed Jaafar, a prominent member of Iraq’s State of…
The dollar is declining against the dinar in Baghdad and Erbil.
Iraqi Dinar Strengthens as Dollar Falls in Baghdad and Erbil Markets The exchange rate of the US dollar against the Iraqi dinar declined on…
Al-Kubaisi: Anbar’s debt has exceeded 650 billion dinars
Anbar Official Says Provincial Debt Has Surpassed IQD 650 Billion Amid Budget Delays Anbar Provincial Council member Adnan al-Kubaisi has warned that the province…
Iraq-IMF Talks on Economic Reform and Diversification
Iraq and IMF Discuss Economic Reforms, Growth Strategy During Washington Meeting Iraqi Prime Minister Ali al-Zaidi met with International Monetary Fund (IMF) Managing Director…
World Bank Offer of Technical Support to Iraq
Iraqi Prime Minister Ali al-Zaidi met with World Bank Group President Ajay Banga in Washington to discuss economic reforms, investment opportunities, and ways to…
An expert explains the limits of foreign influence in Iraq’s oil and gas wealth.
Legal expert Iyad al-Tamimi said on Saturday that Iraq’s Constitution considers oil and gas resources to be the property of the Iraqi people and…
Al-Karawi: Al-Sudani’s exceptions wasted $140 billion of Iraq’s money
The head of the Popular Movement Against Corruption, Hussein al-Karawi, has criticized the investment and exemption policies of successive Iraqi governments, claiming that previous…
Al-Maamouri demands that Al-Zaidi open an investigation into state properties: they are being used for money laundering.
Former Iraqi MP Amir al-Maamouri has called on Prime Minister Ali al-Zaidi to launch an urgent investigation into state-owned properties, warning that the sector…
The dollar surpasses the 153,000 mark in Baghdad and Erbil.
The U.S. dollar strengthened against the Iraqi dinar on Saturday morning as trading resumed in Baghdad and Erbil following the weekly market reopening. In…
Water releases from Mosul Dam remain stable at 600 cubic meters per second for the second day.
Water releases from Iraq's Mosul Dam into the Tigris River have remained stable at 600 cubic meters per second for the second consecutive day,…
Gold is on track for its biggest weekly loss in six weeks amid escalating tensions and rising oil prices.
Gold prices edged higher on Friday, but the precious metal remains on track for its largest weekly decline in nearly six weeks as rising…
Oil prices rise amid escalating tensions in the Gulf and fears of supply disruptions.
Oil prices moved higher on Friday as growing security concerns in the Gulf region increased fears of potential disruptions to global crude supplies. Brent…
$916m CBI Initiative Targets Education and Veterinary Medicine
The Central Bank of Iraq (CBI) has launched a new lending initiative worth IQD 1.2 trillion (approximately $916 million) aimed at supporting key sectors…
Dollar steadies as Fed hopes offset Middle East tensions
The U.S. dollar remained largely steady on Friday but was still on track for a weekly decline after softer-than-expected inflation data reduced expectations of…
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