Blackout hits Kurdistan as grid collapses
A major power outage hit the Kurdistan Region of Iraq on Wednesday after a technical fault disrupted the الكهرباء network.According to the Kurdistan Regional...
Dollar exchange rates rise in Iraqi markets
The exchange rate of the US dollar went up slightly against the Iraqi dinar on Thursday morning in Baghdad markets.According to reports, the dollar...
Iraqi Airspace to Remain Closed Until Saturday Noon
Iraqi Civil Aviation Authority has announced that Iraqi airspace will remain closed to all flights—arrivals, departures, and transit—until 12:00 noon on Saturday.The authority said...
Iraq faces its most serious financial test in decades; the collapse...
Iraq’s economy is going through a very serious crisis right now, driven by a sharp drop in oil exports. Ongoing regional tensions and the...
Iran denies talks with US despite ceasefire plan reports
Iran says it is not in any talks with the United States right now.Speaking on Wednesday, Amir Moghadam made it clear that there have...
Political movement: Washington is using various means to thwart any government...
A member of a political movement, Muhammad Abu Sa'ida, says the Trump administration is trying to put pressure on Iraq’s political process.Speaking about the...
Gold jumps more than 2% as the dollar weakens
Gold prices jumped sharply on Wednesday, rising more than 2% as the US dollar weakened. When the dollar drops, gold becomes cheaper for people...
Iraq Developing Roadmap to Align with EU Carbon Border Rules
Iraq is starting to take a closer look at how it can keep up with new global rules on carbon emissions, especially those coming...
Iraqi Fuel Production Exceeds Domestic Demand
The Ministry of Oil says things are still under control when it comes to fuel, even with the current challenges.They explained that oil production...
CBI Acts to Address Dollar Restrictions on Banks
The Central Bank of Iraq says it’s taking steps to fix problems that have stopped some Iraqi banks from using US dollars.Ahmed Dawood Salman,...
The electricity system has stabilized and gas supplies have increased to...
Ahmed Al-Abadi, spokesman for the Ministry of Electricity, said on Tuesday that the ministry is working around the clock to keep the power system...
Parliamentary escalation expected if the passage of the Popular Mobilization Forces...
MP Ahmed Shaheed said on Tuesday that it’s time to stop delaying and finally pass the Popular Mobilization Forces law.He made it clear that...
Iraqi News
Gold prices fall amid inflation fears
Global gold prices moved lower on Wednesday as rising oil prices and renewed tensions in the Middle East increased concerns about inflation and the...
The Turkish central bank loses $8.4 billion from its reserves.
Turkey's central bank reserves recorded a sharp decline as political tensions increased following the removal of opposition leader Özgür Özel from his position.According to...
Oil nears $100 a barrel
Global oil prices continued to climb for a third straight day on Wednesday as growing military tensions in the Gulf increased concerns about the...
An economist explains the reasons for the shortage of “gasoline” at gas stations.
Economic expert Safwan Qusay says the recent gasoline shortages at some fuel stations are mainly the result of distribution challenges and delays in imported...
State of law: The vote on the vacant ministerial posts may be decided at...
The State of Law Coalition says political forces within the Coordination Framework are preparing to hold an extraordinary meeting soon to settle the remaining...