US dollar exchange rate slightly increases in Baghdad, Erbil
The closing of the nation's two major stock markets on Thursday resulted in an increase in the value of the US dollar relative to...
Erdogan sets 60 days to “resolve” Al-Faw port: We are working...
Recep Tayyip Erdogan, the president of Turkey, stated that following his recent visit to the United Arab Emirates, he was given 60 days to...
Al-Sudani discusses with Admiral Munch the role of “NATO” after the...
On Friday, the Commander of the Joint Forces of the North Atlantic Treaty Organization (NATO), Admiral Stuart Munch, and Prime Minister Muhammad Shiaa Al-Sudani...
Investment Opportunity: Waste-to-Energy Power Plant
The establishment of a Waste-to-Energy (WtE) power production facility in the Baghdad Governorate/Al-Nahrawan area has been announced as an investment opportunity by the Iraqi...
The Baghdad dollar ends its week near 152.5.. The money changers...
The US dollar's exchange rates ended the week steady on Thursday night, hovering around 152.5 thousand dinars for every $100 note. This level of...
Remittances of currency abroad rise to $185 million in CBI’s auction
At the Central Bank of Iraq's (CBI) auction on Thursday, foreign currency remittances increased by 88% as compared to cash sales, totaling $185 million.At...
Iraq follows Russia as second largest oil supplier to India
According to data released by the Indian Ministry of Commerce and Industry, as of December 2023, Iraq was India's second-largest oil supplier, after Russia.The...
Iraq will produce double the electricity coming from Jordan and 2%...
Iraq is scheduled to start its first trash-to-electricity experiment next month. The project would use 3,000 tons of waste each day in Baghdad, the...
Parliamentary Finance clarifies the powers of the legislative and executive authorities...
The federal government's powers and the House of Representatives' participation in the current year's budget—which the House of Representatives is still awaiting from the...
Iraq, Saudi Arabia review oil prices in Baghdad
Under the auspices of OPEC, Iraq's prime minister, Mohammed Shia Al-Sudani, underlined the need of cooperating with Saudi Arabia to manage the energy market...
Parliamentary Economy: Banned banks constitute 50% of private banks in Iraq
50% of Iraq's private banks are banks that the US Treasury has prohibited, according to information released on Wednesday by the Iraqi Banks Association...
Parliamentary Finance determines the arrival of budget amendments to the House...
The administration will submit changes to the 2024 budget plans to Parliament within a maximum of 10 days, the Parliamentary Finance Committee declared on...
Iraqi News
Basra crude oil posted weekly gains as global markets declined.
Basra crude oil posted strong weekly gains despite ending the week with losses in the final trading session, as global oil markets experienced a...
Parliamentary move to legislate a long-term leave law for state employees
Member of the Parliamentary Legal Committee Mohammed al-Khafaji has revealed new details about the proposed long-term leave law for state employees, saying it could...
Mosul Dam reduces water releases to 750 cubic meters per second
Water releases from the Mosul Dam into the Tigris River have been reduced after a decline in water inflows coming from Turkey, according to...
No change in exchange rates… The dollar is stable in Baghdad and Erbil
The exchange rate of the U.S. dollar against the Iraqi dinar remained stable on Saturday morning in both Baghdad and Erbil, with no significant...
Parliamentary warning of difficulty in funding salaries and high risks of domestic borrowing
MP Bassem al-Gharabi has warned that Iraq could face serious economic challenges if tensions in the Middle East continue to escalate.Speaking about the situation,...