Amentum to Build Logistics Hubs in Iraq for $44m

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Amentum Services, a US-based company, has been given a $43,903,867 hybrid contract (cost-plus-fixed-fee, firm-fixed-price, and no-fee) to build and operate two new regional logistics...

Al-Muttalabi: The 2024 budget was fair to the ministries at the...

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Saad Al-Muttalabi, a former member of the Baghdad Provincial Council, confirmed on Tuesday that budgets should have been allocated to local governments, who are...

A new directive to launch a new round of soft loans...

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The Ministry of Labor and Social Affairs announced on Tuesday that the 42nd round of soft loans for job seekers registered in the ministry's...

Major New Gasoline Production Unit at Basra Refinery

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The brand-new Isomerization Unit at the Basra Refinery has been officially opened by Prime Minister Mohammed Shia' Al-Sudani. The unit is capable of producing...

The State of Law coalition identifies 3 paths to end the...

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The State of Law coalition came up with three options on Tuesday to get rid of Diyala's political complex.“Resolving the political complex in Diyala...

Iraq Opens Major Gas Processing Plant at Halfaya

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In the Halfaya oilfield in Maysan governorate, Iraq's Prime Minister Mohammed Shia' Al-Sudani unveiled a significant gas processing project with a daily capacity of...

Iraq’s financial revenues exceed 42 trillion dinars within 4 months

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The Iraqi Service of Money uncovered, on Monday, that the volume of incomes in the government spending plan during four months surpassed 42 trillion...

Detailed Study of Land Use in Iraqi Kurdistan

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Based on data from remote sensing, a new study has developed a comprehensive Land Use and Land Cover (LULC) classification for the Kurdistan Region...

Iraq seeks to process 100% of extracted gas in 4 years

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Despite a lack of adequate infrastructure, Iraq wants to double its natural gas processing capacity to 100% within four years.While Iraq removes 3.1 billion...

Electricity is preparing a plan to add 11 thousand megawatts in...

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The Service of Power detailed that its well defined course of action is to add 11,000 megawatts to the public framework throughout the following...

Former MP: Technical treatments continue to resolve the localization of the...

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The previous agent of the Kurdistan locale, Salim Hamza, affirmed today, Monday, the continuation of specialized medicines to settle the pay rates of the...

Up to 150 million… Al-Rasheed decides to grant a loan for...

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Al-Rasheed Bank declared today, Monday, the conceding of a credit for the support of business structures adding up to (150) million dinars.“In an effort...

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Iraqi News

Dollar steadies in Baghdad and Erbil during Eid holiday

Dollar steadies in Baghdad and Erbil during Eid holiday

The exchange rate of the US dollar against the Iraqi dinar remained broadly stable across Iraq on Wednesday as market activity slowed ahead of...
Former MP The government faces two paths borrowing or raising the exchange rate.

Former MP: The government faces two paths: borrowing or raising the exchange rate.

Former member of the Parliamentary Finance Committee, Abdul Hadi Mouhan, said the new Iraqi government is facing two difficult financial choices as it tries...
SK Hynix shares surge, surpassing a market capitalization of $1 trillion.

SK Hynix shares surge, surpassing a market capitalization of $1 trillion.

Shares of South Korean chipmaker SK Hynix surged as much as 11% on Wednesday, pushing the company’s market value above $1 trillion as investor...
The Democratic Party confirms its intention to proceed with the State of Law coalition to challenge the vote on al Zidi's cabinet.

The Democratic Party confirms its intention to proceed with the State of Law coalition...

Wafa Muhammad Karim, a member of the Kurdistan Democratic Party, said the party is preparing to coordinate with the State of Law Coalition to...
Oil prices fell as the market awaited the outcome of US Iranian talks.

Oil prices fell as the market awaited the outcome of US-Iranian talks.

Oil prices moved lower on Wednesday after strong gains in the previous session, as investors waited for updates on talks between the United States...