Dollar slips in Erbil as Baghdad exchanges halt
The US dollar moved slightly lower in Erbil on Monday as currency trading began, while Baghdad's main currency exchanges remained closed for the Arbaeen...
Iraq Water Flow “Doubles” after Agreement with Turkey
Water flows from Turkey into Iraq have increased significantly following the implementation of a nearly two-year water cooperation agreement between Baghdad and Ankara, according...
Al-Zamili: The electricity file is thorny and requires deterrent measures against...
Iraqi MP Jaafar Al-Zamili said on Sunday that the country's electricity sector remains one of the most difficult and complicated challenges facing the government,...
Brent crude settles near $89.5 a barrel
Global oil prices remained stable on Sunday as international markets paused for the weekend, following a strong finish to last week's trading session.Both major...
Iraq faces ‘cash-flow’ strain, not bankruptcy
Iraq’s current financial challenges are the result of cash-flow pressures caused by exceptional regional circumstances, not a shortage of resources or a risk of...
Concerns about passing the borrowing law… Hamdoun: It will raise the...
Former Iraqi Member of Parliament Mahasin Hamdoun has warned against approving the proposed 2026 External Borrowing and Grants Law as a solution for funding...
US Dollar Shipments to Iraq “are a Molehill, not a Mountain”
Recent reports about the temporary suspension of US dollar cash shipments to Iraq have attracted significant attention, especially during the escalation of tensions involving...
Al-Abadi: The Ceyhan agreement will enhance the flexibility of Iraqi oil...
Iraqi Oil Minister Bassem Mohammed Khudair Al-Abadi said on Saturday that his visit to Turkey is focused on strengthening cooperation between the two countries...
Dollar climbs in Baghdad and Erbil
The US dollar opened trading higher in Iraq on Saturday, reaching levels close to 151,000 Iraqi dinars per $100 in both Baghdad and Erbil.According...
The Prime Minister’s advisor reveals the truth about the public debt...
Iraq’s public debt remains at manageable levels and does not currently pose a major threat to the country's economy, according to Prime Minister's financial...
MP reveals “blatant violations” in final accounts
Iraqi MP Amer Abdul-Jabbar said on Saturday that serious violations have been found in the final government accounts approved by Parliament for previous years,...
How long can Iraq rely on Central Bank Reserves, Money-Printing?
These are some of the most important questions facing Iraq's economy today. Here's a simple breakdown of each issue:1. How can Iraq sustain expenses...
Iraqi News
DNO Makes Possible $271m Offer for Genel Energy
Norwegian oil and gas company DNO ASA has made a possible cash offer to buy Genel Energy plc, valuing the company at around £202...
US Fed Ships $500m Cash to Central Bank of Iraq
A shipment of $500 million in cash has arrived in Iraq from the U.S. Federal Reserve and has been delivered to the Central Bank...
KRG Disputes Dana Gas Deal, “will take All Appropriate Measures”
The Kurdistan Regional Government (KRG) has raised concerns over gas supplies from the Khor Mor field, saying that Crescent Petroleum and Dana Gas started...
Iraq “Considers Removing Three Zeros from Dinar”
The Iraqi federal government is reportedly considering removing three zeros from the Iraqi dinar as it looks for ways to deal with growing financial...
Concerns are growing within Iraq following the negative experience: American companies are draining Iraqi...
Concerns are growing across Iraq as more people question the government's increasing reliance on American companies. Many Iraqis believe that after years of operating...