Economic analysis of the development of Iraqi banks’ assets

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Recent years have seen a notable expansion of the banking industry in Iraq, which is indicative of major initiatives to modernize the financial system...

Parliamentary Finance Committee calls on the government to control non-oil revenues

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MP Moeen Al-Kadhimi, a member of the Parliamentary Finance Committee, demanded that the government control non-oil revenues on Saturday in order to achieve cash...

Iraqi Ministry of Electricity and GE Vernova power transmission project

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The early completion of five important substation projects nationwide in less than two years was announced today by GE Vernova and the Iraqi Ministry...

Iraq reduces oil exports to 3.3 million barrels per day

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Friday's announcement by the Ministry of Oil lowered daily oil exports to 3.3 million barrels. "Iraq has reduced its production and reduced its oil exports...

Iraq signs Gas Field Development Contract

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A contract to develop the Mansuriya gas field in Diyala province has been signed by the Iraqi Ministry of Oil. The consortium of Petro Iraq...

IMF warns of global debt crisis threatening financial stability

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The International Monetary Fund released a report detailing the worsening global debt crisis after it reached levels that pose a threat to global financial...

Rafidain Bank announces granting Riyada Initiative loans to more than 5,000...

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Since the program's inception, more than 5,000 individuals have received Riyada Initiative loans, Rafidain Bank announced today, Friday. "more than 5,000 loans have been granted...

Currency market muted as investors eye US jobs report, election

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As investors awaited the U.S. jobs report to confirm economic resilience ahead of the Federal Reserve's monetary policy meeting and a close U.S. presidential...

State of Law: Ministerial change is currently ruled out

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Haider al-Lami, a member of the State of Law Coalition, said on Thursday that there wouldn't be a ministerial reshuffle soon because the government...

Iraq inks a deal to develop Mansuriya gas field

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The Iraqi Ministry of Oil reported on Thursday that Iraq had signed a contract to develop the Mansuriya gas field in Diyala governorate in...

Oil prices jump 2%, Brent crude hits above $74

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Following a report that suggested Iran could be planning an attack on Israel in the next days, oil prices surged, drawing the market's attention...

Al-Mashhadani: I pledge to you that we will work as a...

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On Thursday evening (October 31, 2024), Parliament Speaker Mahmoud Al-Mashhadani pledged to parliamentarians to "work as a cohesive team to legislate laws that serve...

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Iraqi News

Poland-Iraq Electricity Talks Focus on Power Station Development

Poland-Iraq Electricity Talks Focus on Power Station Development

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Iraq's Minister of Electricity, Ali Saad Wahib, met with Poland's Ambassador to Iraq, Wojciech Bujak, in Baghdad on Monday to discuss ways to strengthen...
Poland-Iraq Electricity Talks Focus on Power Station Development

Will the Iraqi Dinar Revalue on Sovereignty Day?

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The departure of the last U.S. troops from Iraq on September 30, 2026, is undoubtedly a major historical event. It marks the end of...
With a discount of $28 per barrel, Iraq's oil exports reach 3 million barrels per day.

With a discount of $28 per barrel, Iraq’s oil exports reach 3 million barrels...

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Oil expert Hamza Al-Jawahiri said on Wednesday that Iraq's crude oil exports have stabilized at around 3 million barrels per day, while some sales...
Gold and precious metals continue to suffer monthly losses in global markets.

Gold and precious metals continue to suffer monthly losses in global markets.

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Precious metals moved lower on Wednesday and remained on track to post losses for September as investors watched upcoming US inflation data and continued...
USD/IQD edges up across Baghdad and Erbil

USD/IQD edges up across Baghdad and Erbil

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The US dollar started trading higher in Iraq on Wednesday, staying near the 157,000-dinar level per 100 dollars. According to a survey of local markets,...