A government committee is set up to monitor generator contractors, impose...

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The Baghdad Provincial Council decided to form a joint committee to oversee and monitor generator contractors and power deliver to citizens. Yahya Al-Khazaali, head of...

CBI: Iraq targets terror finance with international backing

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Iraq’s important bank (CBI) Governor Ali al-Alaq reaffirmed on Wednesday the u . s .’s commitment to countering cash laundering and terrorist financing in...

Hyundai Wins Contract for Iraqi Sea Water Treatment Plant

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As a part of its measures to address water shortage, the Iraqi authorities has permitted the award of the commonplace Seawater supply task (CSSP-ITT-05)...

USD/IQD exchange rates inch lower in Baghdad, Erbil

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On Sunday, the trade quotes оf the united states greenback towards the Iraqi dinar edged decrease in Baghdad and Erbil markets. consistent with a survey...

Iraqi Drilling Company Completes 105 Oil Wells in H1 2024

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The Iraqi Drilling Company (IDC) successfully drilled and repaired 105 oil wells in various oil fields in the first half of 2024. According to General...

After sanctions.. A new American step towards Iraqi banks

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Although the United States Treasury Department recently returned and informed it of the necessity to merge and close some of those banks, deciding their...

Electricity is missing in Kuwait and citizens are complaining

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Due to a problem with fuel (gas) supplies, the Kuwaiti Ministry of Electricity, Water, and Renewable Energy announced that some residential, industrial, and agricultural...

Iraq contracts with an international auditing firm to review the conditions...

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The National Bank of Iraq reported on Saturday that its designation, headed by Lead representative Ali Al-Alaq, who is as of now visiting New...

Oil prices rose slightly in global markets

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Oil prices inched up on Wednesday, supported by hopes of stronger demand and ongoing tensions in key production areas. Brent crude rose to nearly $83...

Diyala begins initial assessment of fire that affected a major power...

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The Diyala Provincial Council announced Friday that preliminary assessments have begun after a partial fire damaged sections of one of the province’s most important...

Financial crisis and a missing budget… the economy is on the...

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Iraq is facing growing financial challenges as pressure on the state budget continues and approval of the new budget remains delayed. The situation has...

Dollar exchange rates are rising in Baghdad and Erbil.

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The US dollar moved higher against the Iraqi dinar on Monday morning in both Baghdad and Erbil markets. In Baghdad, the dollar rose at the...

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Iraqi News

Al-Fariji: Raising the value of the dollar against the dinar does not represent financial reform.

Al-Fariji: Raising the value of the dollar against the dinar does not represent financial...

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Crisis expert Ali al-Fariji has criticized the Iraqi government's decision to raise the dollar's value against the dinar, saying the move alone does not...
IMF Forecasts Bigger Contraction for Iraqi Economy

IMF Forecasts Bigger Contraction for Iraqi Economy

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The International Monetary Fund (IMF) has revised its economic forecasts to account for the ongoing conflict in the Middle East, warning that several energy-producing...
Najaf Solar Plant Capacity Could Double

Najaf Solar Plant Capacity Could Double

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Iraq is reviewing plans for a solar power station in Najaf province, with discussions under way about increasing the project's capacity from 1,000 megawatts...
Iraqi oil continues its upward trend, with Brent crude surpassing $106 per barrel.

Iraqi oil continues its upward trend, with Brent crude surpassing $106 per barrel.

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Iraqi oil prices rose on Wednesday as crude prices also increased in global markets. Gains were recorded across all major grades, including Basra Heavy,...
Two weeks to recalculate the budget... Parliamentary Finance Committee reveals the repercussions of the exchange rate change

Two weeks to recalculate the budget… Parliamentary Finance Committee reveals the repercussions of the...

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Former Parliamentary Finance Committee member Mohammed al-Shabaki said the Iraqi government will need at least two weeks to restructure the budget following the decision...