Four banks account for more than 50% of the size of...
According to the Future Iraq Foundation for Economic Studies and Consultations, four private-sector banks now account for more than half of Iraq's banking industry.According...
Al-Sudani: The investment environment in Iraq has become promising, welcoming and...
Iraq's business climate is "promising, welcoming and open after the financial, administrative and banking reforms carried out by the government he heads," according to...
The International Monetary Fund indicates a decline in inflation rates and...
The Ministry of Finance and the IMF both reported that there had been a "significant decline" in inflation rates, which was mirrored in the...
207 trillion dinars.. How can the assets of the Central Bank...
After the resources of the National Bank of Iraq rose to 207 trillion Iraqi dinars, questions emerged about how to safeguard them and whether...
Iraqi PM encourages Armenian Investment
Mohammed Shiaa Al-Sudani, the prime minister of Iraq, and Vahagn Khachaturyan, the president of Armenia, met on Tuesday. Al-Sudani highlighted several important investment opportunities,...
IMF says Iraq’s non-oil GDP growth improves
On Wednesday, the International Monetary Fund (IMF) reaffirmed that Iraq's GDP growth, excluding oil, is improving.According to a statement released by the IMF, an...
The assets of the Central Bank of Iraq amount to 207...
A recent economic data states that the Central Bank of Iraq's assets have increased to 207 trillion Iraqi dinars.The following are the assets of...
Parliamentary insistence on legislating investment, oil and gas laws
MP Muhammad Al-Ziyadi, a member of the Economy and Investment Committee, revealed on Wednesday that the committee has started debating changes to the National...
International Monetary Fund: Iraq is making progress in non-oil GDP growth
The International Monetary Fund reaffirmed on Wednesday that Iraq's GDP growth, excluding oil, had improved."The Iraqi delegation, headed by Minister Taif Sami, held discussions...
The Central Bank begins establishing the National Company for Electronic Payment...
Today, Wednesday, the National Bank reported the beginning of laying out the Public Organization for Electronic Installment Frameworks, while affirming the expansion in the...
An urgent parliamentary call regarding the 2024 budget
Ola Odeh Al-Nashi, a member of the Parliamentary Oil and Energy Committee, urged Muhammad Shiaa Al-Sudani's administration to hasten the submitting of the federal...
The Central Bank of Iraq reveals an increase in bank deposits...
The National Bank of Iraq uncovered, on Wednesday, that the volume of stores in the financial area had expanded to in excess of 180...
Iraqi News
Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars allocated for job...
Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...
Iraqi oil prices fall by 2%… Basra crude records $112
Iraqi oil prices moved lower on Wednesday, falling more than 2% as global energy markets weakened.Basra Heavy crude dropped $1.13 to $112.50 per barrel,...
Al-Kadhimi: Halting dollar shipments is American blackmail that infringes on Iraq’s sovereignty.
Former parliamentary finance committee member Mu'in al-Kadhimi criticized reports that the US halted dollar shipments to Iraq, calling the move “political blackmail” and interference...
1.6m bpd Kirkuk Export Pipeline Set for Relaunch
Iraq’s Ministry of Oil says exports through the Kirkuk-Fishkhabour-Turkey pipeline could resume soon, starting with limited volumes.The pipeline has a capacity of 1.6 million...
DNO issues Update on Production
Norwegian energy company DNO has given an update on its operations in Iraq’s Kurdistan region, saying it is preparing to ramp production back up...