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 dollar...
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...
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...
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...
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...
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...
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 dollar's...
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...
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 station...
Iraqi News
Illegal Currency Network Dismantled as Dinar Weakens
Iraqi authorities have dismantled an illegal currency exchange and money transfer network in Baghdad, arresting five suspects and seizing $240,000 in cash.
According to the...
Oil Sector Talks for Iraqi PM in New York
Iraqi Prime Minister Ali Al-Zaidi held separate meetings in New York with representatives from U.S. oil companies HKN Energy and ExxonMobil to discuss investment...
The dollar is below 157,000 dinars in Baghdad and Erbil.
The US dollar continued to fall in Iraq's currency markets on Thursday, extending the downward trend that has been seen since the start of...
Al-Marsoumi: 23,000 employees in the Ministry of Electricity without certificates
Economic expert Nabil Al-Marsoumi has shared new figures highlighting the educational levels of some government employees in Iraq, based on data from the latest...
Foreigners’ wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects
Iraq's Parliamentary Committee on Oil, Gas, and Natural Resources has raised concerns about the large gap between the salaries of Iraqi workers and foreign...