For the first time, dollarization decreased by 20% in Iraqi markets
The Chamber of Commerce supported a 20% decline in dollarization in Iraqi markets by 2024.Muhammad Al-Tamimi, the chairman of the Diyala Chamber of Commerce,...
It will provide 24 hours of operation… Electricity confirms the progress...
Ahmed Musa Al-Abadi, a spokesperson for the Ministry of Electricity, stated on Saturday that the smart meters will be linked to an electronic system,...
Deputy: The Ministry of Oil’s fifth license will revitalize 6 regions...
On Saturday, Representative Mudar Al-Karawi revealed that the fifth license from the Ministry of Oil will reinvigorate six districts in eastern Iraq.Al-Karawi said in...
Al-Sari: The proposal to amend the electoral law targets the regime…...
The top of the State Powers parliamentary coalition, Faleh Al-Sari, considered the proposition to correct the constituent regulation "focusing on the political framework," uncovering...
US State Department: We renewed Iraq’s exemption from Iranian sanctions for...
The US State Division affirmed, on Friday, that it had conceded Iraq another exclusion inside a progression of exceptions that it had started in...
America clarifies its goal of exempting Iraq from importing Iranian energy!
The US State Division expressed the justification for the exceptions conceded to Iraq to import gas and energy from Iran notwithstanding the approvals, noticing...
Iraq to sign new maintenance contracts with General Electric
General Electric (GE) said on Thursday that it will enter into long-term maintenance contracts with the Iraqi Ministry of Electricity, with a production capacity...
Central Bank discusses Increasing the Value of the Iraqi Dinar
On Thursday, Iraq's Finance Committee, led by Atwan Al-Atwani, met with its members and the Governor of the Central Bank of Iraq (CBI), Ali...
The Ministry of Finance is discussing with the Central Bank ways...
Today, Thursday, the Parliamentary Finance Committee met with the Central Bank of Iraq to discuss monetary policy, the country's banking sector, and strategies to...
International Energy raises its forecasts for the growth of global oil...
he Worldwide Energy Organization raised its assumptions for the development of worldwide oil interest during the ongoing year.The office expressed in its report, Thursday,...
Al-Baldawi: Disagreements are an obstacle to legislating the oil and gas...
Representative Muhammad Al-Baldawi revealed today, Thursday, that the oil and gas bill failed to pass due to political issues.According to Al-Baldawi, "Approval of the...
Remittances of currency abroad surpass $226 million in CBI’s auction
Settlements of cash abroad in the National Bank of Iraq's (CBI) closeout rose to $226 million on Thursday, contrasted with settlements that occurred on...
Iraqi News
Iraq’s Central bank denies US suspension of cash flows
The Central Bank of Iraq has pushed back on reports claiming the United States suspended dollar flows tied to Iraq’s oil revenues.Financial expert and...
Digital IQD Proposal targets $7-12bn Economic Gains
Cylinder Seal presents a very ambitious idea: use a digital Iraqi dinar not just as a payment tool, but as an engine to push...
Basrah crudes lead regional oil benchmarks
Iraq’s Basrah crude prices slipped slightly on Thursday, with both Basrah Heavy and Basrah Medium down about 0.5%.Basrah Heavy fell 56 cents to $111.94...
Al-Tamimi: Freezing Iraqi funds in New York violates sovereignty and contravenes international conventions.
Legal expert Ali al-Tamimi said reports about the US withholding Iraqi funds raise serious concerns about financial sovereignty and legal agreements governing those funds.He...
30 MPs in the Sudanese bloc threaten to withdraw if Al-Awadi is nominated for...
An informed source says tensions are rising inside Iraq’s Reconstruction and Development bloc over the choice of the next prime minister.According to the source,...