Oil recovers its gains… Brent crude nears $72
Global oil prices edged higher on Tuesday as traders shifted their focus away from Middle East tensions and toward the balance between global supply...
Al-Karawi: Washington seeks absolute dominance over the security and economic files...
Hussein al-Karawi has claimed that the United States continues to influence Iraq’s internal affairs, particularly in matters related to key government appointments and security...
Ministers Discuss Progress of Iraq-Jordan Economic City
Iraq and Jordan have reaffirmed their commitment to strengthening economic ties after senior officials from both countries met to discuss industrial cooperation, trade expansion,...
Iraq prepares to construct additional piers at al-Faw Grand Port
Iraq is expected to launch a new international tender for the construction of additional berths at the Al-Faw Grand Port following the completion of...
The dollar falls globally to its lowest level in two weeks.
The U.S. dollar remained near a two-week low on Monday as investors scaled back expectations for further Federal Reserve interest rate increases following signs...
How Do Businessmen Manage the Economy When They Hold Power?
Whenever a businessman rises to a position of political leadership, public opinion often reacts with a mixture of hope and suspicion. Supporters tend to...
Oil prices fall after OPEC’s decision to increase production.
Oil prices moved lower in early trading on Monday after the OPEC+ alliance agreed to increase production targets beginning in August, raising expectations of...
Al-Tamimi: Returning money in exchange for release could turn into complicity...
German engineering company HORN Glass Industries AG has signed an agreement with Al Rida Investment to build a new float glass manufacturing plant in...
German Firm to Build Float Glass Plant in Najaf
German engineering company HORN Glass Industries AG has signed an agreement with Al Rida Investment to build a new float glass manufacturing plant in...
Electricity Expenditure in Iraq “10x Higher than Needed”
The amount of money spent on Iraq’s electricity sector is far greater than what is actually needed to provide reliable power across the country,...
Iraq’s Central Bank Governor cannot Fight Crime on his Own
Iraq’s new Central Bank governor faces a major challenge as the country works to address financial crimes and strengthen oversight of its banking system...
Iraq, Turkey Explore New Investment and Trade Opportunitie
Iraq and Turkey have taken new steps to strengthen economic ties, with Iraqi officials holding separate meetings this week with the Turkish ambassador and...
Iraqi News
Illegal Currency Network Dismantled as Dinar Weakens
Iraqi authorities have dismantled an illegal currency exchange and money transfer network in Baghdad, arresting five suspects and seizing $240,000 in cash.
According to the...
Oil Sector Talks for Iraqi PM in New York
Iraqi Prime Minister Ali Al-Zaidi held separate meetings in New York with representatives from U.S. oil companies HKN Energy and ExxonMobil to discuss investment...
The dollar is below 157,000 dinars in Baghdad and Erbil.
The US dollar continued to fall in Iraq's currency markets on Thursday, extending the downward trend that has been seen since the start of...
Al-Marsoumi: 23,000 employees in the Ministry of Electricity without certificates
Economic expert Nabil Al-Marsoumi has shared new figures highlighting the educational levels of some government employees in Iraq, based on data from the latest...
Foreigners’ wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects
Iraq's Parliamentary Committee on Oil, Gas, and Natural Resources has raised concerns about the large gap between the salaries of Iraqi workers and foreign...