Iraq and Uzbekistan Discuss Road Transport Agreement

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Iraq and Uzbekistan have taken another step toward strengthening trade and transportation ties by holding a virtual meeting to discuss a new agreement covering...

Is Iraq Ready To Revalue the Dinar?

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Is Iraq Ready To Revalue the Dinar? The Dinar Den: 9-16-2026 Stephen, an entrepreneur and seasoned investor in the Iraqi currency, provides a detailed analysis of...

Iraq “Considers New Banknote Series”

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Iraq is studying the possibility of replacing its current banknotes with a completely new currency series as part of efforts to remove counterfeit, damaged,...

EBRD and EU Boost Trade Finance in Iraq

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The European Bank for Reconstruction and Development (EBRD) has approved a $25 million trade finance facility for Bank of Baghdad, one of Iraq’s leading...

Gold rises more than 1% as investors digest the Fed’s decision

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Gold prices moved higher by more than 1% on Thursday as investors reacted to the U.S. Federal Reserve’s latest interest rate decision and its...

Basra crude oil prices fell by more than 7% amid declining...

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The prices of Basra Heavy and Basra Medium crude oil dropped sharply on Thursday, following a decline in global oil markets. Basra Heavy crude closed...

USD/IQD exchange rates surge in Baghdad, Erbil

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The US dollar rose against the Iraqi dinar on Thursday morning in both Baghdad and Erbil, with the exchange rate approaching 159,000 dinars per...

New Siemens Energy Cooperation Deal for Iraq

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Iraq’s Ministry of Electricity and Siemens have signed a new Principles of Cooperation Agreement, marking the fourth phase of energy cooperation between the two...

Iraqi PM Adviser “Denies US Plans to Halt Dollar Shipments”

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Iraqi Prime Minister’s economic adviser, Mazhar Mohammed Saleh, has denied reports claiming that the United States plans to stop dollar shipments to Iraq if...

Following price increases and cooperation with Iran, Iraqi oil exports continue...

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Iraq’s oil exports continue to flow to international markets, reaching around 3 million barrels per day through its various sea and land export routes....

Gold holds steady ahead of Fed decision

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Gold prices were mostly unchanged on Tuesday after falling to their lowest level in more than a month during the previous trading session. Investors...

Parliamentary Finance Committee: Threat of sanctions is political blackmail and a...

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Former member of the Parliamentary Finance Committee, Mueen Al-Kadhemi, said that recent American threats of possible economic sanctions against Iraq amount to political pressure...

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Iraqi News

Gas Investment Plans Reviewed for Nahr Bin Umar Field

Gas Investment Plans Reviewed for Nahr Bin Umar Field

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Iraq is moving ahead with plans to develop associated gas at the Nahr Bin Umar oil field in Basra province. The project was discussed...
CBI Rebuffs Speculation Over Foreign Currency Reserves

CBI Rebuffs Speculation Over Foreign Currency Reserves

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The Central Bank of Iraq (CBI) has confirmed that its foreign currency reserves remain strong and are fully capable of meeting the country's demand...
Al-Saadi: There is no decision to raise the exchange rate at present... but financial pressures may bring the issue back to the forefront.

Al-Saadi: There is no decision to raise the exchange rate at present… but financial...

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Former MP Baqir Al-Saadi said there is currently no government decision to raise Iraq’s official dollar exchange rate, despite recent concerns caused by fluctuations...
Parliamentary Finance Committee: Contract regularization is not an achievement without guaranteeing employee salaries

Parliamentary Finance Committee: Contract regularization is not an achievement without guaranteeing employee salaries

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Former Parliamentary Finance Committee member Mohammed Ibrahim has criticized the government's approach to preparing the upcoming budget, saying it appears to be repeating the...

Budget preparation: A repetition of past scenarios or a genuine solution to current crises?

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Iraq is getting ready to prepare its 2027 budget and send it to Parliament in October for discussion, changes, and approval. But there are...