A source confirms that the releases from the Mosul Dam have decreased to 500 cubic meters per second.
Water releases from Mosul Dam into the Tigris River have been reduced to 500 cubic meters per second, according to an informed source. The…
Iraqi News & Economy Updates – Page 34
Latest Iraqi News posts
A member of the Democratic Party confirms the possibility of exporting one million barrels of oil per day through the region.
Wafa Mohammed Karim, a member of the Kurdistan Democratic Party, said the Kurdistan Region has the potential to export up to one million barrels…
Gold is headed for its fourth weekly loss as the dollar strengthens and expectations of a US interest rate hike increase.
Gold prices continued to slide on Friday and are now heading toward a fourth straight week of losses as a stronger US dollar and…
Syria, UAE in Talks over Iraq Transit Route for Gulf Trad
Syria and the United Arab Emirates are discussing plans to create a new logistics corridor that would connect Syrian ports with Gulf markets through…
To boost the economy, calls are being made to open corruption files, monitor contracts, and investigate local governments.
Growing concerns over corruption in Iraq have led to renewed calls for a wider crackdown on financial misconduct, especially after several cases involving the…
Between interventions and reneging on agreements, Iraq remains hostage to American dictates.
Debate over foreign influence in Iraq continues to grow, with some political figures warning that increasing American pressure is affecting important political, security, and…
Oil Ministry clarifies Iraq’s position on OPEC and confirms there is no intention to withdraw
Iraq's Ministry of Oil has denied reports claiming that the country is considering leaving OPEC, saying such reports do not reflect the official position…
There is a slight difference in dollar exchange rates between Baghdad and Erbil.
The US dollar remained largely stable against the Iraqi dinar in Baghdad on Thursday morning, while exchange rates in Erbil saw a slight decline…
Al-Danbous: The liquidity crisis is due to two main reasons
Adnan al-Danbous, a senior member of the Reconstruction and Development parliamentary bloc, says Iraq's liquidity crisis is mainly being driven by a lack of…
Gold nears its lowest level in more than seven months
Gold prices moved lower on Thursday, staying close to their weakest levels in more than seven months. Spot gold fell 0.4% to $3,985.89 per…
Al-Husseini: Billions of dinars flow monthly to corrupt contractors
Former Iraqi MP Yasser al-Husseini said that Iraq has a real opportunity to strengthen and revive its economy by tackling corruption, removing corrupt officials,…
Total Energies pushes alternative Iraqi pipelines to west
French energy giant TotalEnergies has warned that heavy reliance on the Strait of Hormuz leaves global energy supplies exposed to regional conflicts and disruptions.…
Parliamentary Finance Committee denies any intention to raise the exchange rate
Member of the Parliamentary Finance Committee, Mudhar al-Karawi, said on Wednesday that there are currently no plans to increase the exchange rate of the…
Dollar exchange rates decline in Baghdad and Erbil markets
The US dollar moved lower against the Iraqi dinar on Wednesday morning, ending the upward trend that had been seen in recent days. In…
Oil prices fell globally after signs of stabilizing shipping activity.
Global oil prices continued to fall on Wednesday, reaching their lowest levels in four months as concerns over supply disruptions eased. Brent crude dropped…
Iraq Freezes New Govt Investment Projects
The Iraqi Council of Ministers has approved new measures aimed at reducing public spending, including a suspension of new investment project contracts across all…
Restricted Banks Near Reinstatement to Dollar Transfer System
The Central Bank of Iraq (CBI) announced that several banks previously barred from conducting dollar transactions have successfully completed the requirements of its banking…
Financial advisor: Domestic borrowing will not affect the Central Bank’s reserves, and there is no intention to increase taxes.
Financial advisor Mohammed Saleh said the Iraqi government’s plan to rely on domestic borrowing rather than external loans will not affect the foreign currency…
Al-Danbous: American pressure is still preventing the passage of the Popular Mobilization Forces law.
A member of Parliament, Adnan Al-Danbous, said that efforts to pass the Popular Mobilization Forces (PMF) Service and Retirement Law are still facing obstacles…
The Ministry of Labor announces the salary for full-time employees for the month of June.
The Ministry of Labor and Social Affairs announced the release of June 2026 salaries for full-time caregivers, providing financial support to hundreds of thousands…
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