Parliament demands the economic feasibility of extending the Basra-Aqaba oil pipeline
Kazem Al-Touki, a member of the Oil, Gas, and Natural Resources Committee, demanded that the relevant parliamentary committees be informed of the economic viability...
Kurdistan Region transfers more than 75 billion dinars to the federal...
The Kurdistan Regional Government's Ministry of Finance and Economy made the announcement today, Thursday, that the Kurdistan Region's non-oil revenues will be transferred to...
Dinar Weakness: CBI “Not Responsible”
An official from the Central Bank of Iraq says the bank is not to blame for the growing gap between the official dollar rate...
The Ministry of Construction adopts modern construction technologies to accelerate housing...
Ministry of Construction, Housing and Municipalities confirmed on Sunday that it is moving toward modern and cost-effective building technologies to help tackle Iraq’s growing...
Al-Shammari: Oil exports have completely stopped and the government has failed...
MP Mahmoud al-Shammari warned that Iraq could be heading toward a serious economic crisis as oil exports have come to a complete stop.
He said...
Dana Gas Resumes Production at Khor Mor Gas Field
Dana Gas has restarted production at the Khor Mor gas facility in Iraq’s Kurdistan region after facing disruptions in recent weeks.
The company said operations...
Oil prices suffered sharp losses as markets closed.
Oil prices dropped sharply on Sunday as global markets reacted to changing conditions.
Brent crude settled at around $90.38 per barrel, down more than 9%....
Expert: Central Bank decisions threaten banking sector and stability of national...
Researcher and specialist in monetary and banking affairs, Mustafa Hantoush, confirmed nowadays, Monday, that the decisions of the central financial institution threaten the banking...
Iraq Dinar Fraud: $8.4m Recovered
The Iraqi Judiciary has recovered 11 billion dinars following a monetary fraud case regarding a company that illegally profited from forex price differences...
UK’s Agrium Capital to Build Infant Formula Plant in Iraq
The Iraq development Fund has reportedly signed a memorandum of information with British company Agrium Capital to set up Iraq's first cutting-edge little one...
The Greenback bows to the National Bank, while the dollar continues...
america dollar trade fee recorded a decline inside the markets of the capital, Baghdad, today, Thursday, amid relative balance in transactions in local alternate...
Politician: Resorting to external factors does not bring the person to...
Political analyst Qasim Al-Tamimi stated on Tuesday that resorting to outside factors will now not achieve the favored electoral gains and will no longer...
Iraqi News
World Bank Discusses Support for Iraq’s Electricity Sector
The World Bank has discussed expanding its cooperation with Iraq’s Ministry of Electricity to support priority projects aimed at improving the country’s power infrastructure.
World...
Proposed Changes to Iraq’s Investment Law
Iraq’s parliamentary Investment and Development Committee has held a workshop to discuss proposed amendments to Investment Law No. 13 of 2006. The session was...
Iraq and World Bank in Talks on Procurement Reforms
Iraq’s Ministry of Planning has held talks with the World Bank on reforming the government procurement system, including plans to introduce electronic procurement and...
Parliamentary Finance Committee criticizes Al-Zidi’s budget: promises of appointments but no revenue solutions
Former Parliamentary Finance Committee member Mohammed Al-Shabaki has criticized Prime Minister Al-Zidi’s government for following the same budget policies as previous governments without developing...
Al-Tamimi clarifies the legality and feasibility of paying salaries in dollars instead of dinars.
Legal expert Ali Al-Tamimi has explained why Iraq cannot currently pay government employees’ salaries in US dollars instead of Iraqi dinars without changing existing...