Gas supply issues reduce power production in Kurdistan
The Kurdistan’s Ministry of electricity announced on Saturday a discount of seven-hundred megawatts in strength manufacturing because of disruptions in liquefied fuel materials to...
Iraq launches $6 billion renewable energy drive
Iraq initiated funding opportunities in renewable strength well worth round $6 billion geared toward reducing dependence on traditional fuels, the minister of power announced...
Iraqi Central Bank reports surge in bank account growth
The National Bank of Iraq (CBI) reported on Monday a huge expansion in the development pace of financial balances over the course of the...
Al-Rasheed announces raising retirees’ salaries for December
Rashid financial institution announced nowadays, Sunday, the begin of raising retirees' salaries for the month of December.The financial institution's media office stated in a...
Iraq Finance Minister and European Bank discuss economic reform
Iraqi Finance Minister Taif Sami met on Monday, May 11, 2026, with Caterina Hansen, Director of the European Bank for Reconstruction and Development, to...
MP: Green light for important amendments to agricultural plans following water...
Here's the rewritten version in a simple, conversational style:MP Mudhar al-Karawi announced on Sunday that major changes to agricultural plans across Iraq have been...
Study: Oil prices may reach $150 per barrel
According to the findings of a study that was carried out by Bloomberg Intelligence and Bloomberg Economics, it was anticipated that the escalation of...
Oil prices fall due to expectations of a global supply glut
Oil prices slipped on Tuesday as traders waited to see if Venezuela might bring more oil back onto the global market. The possibility of...
CBI auctions +$265 million in forex on Monday
On Monday, the Iraqi National Bank's (CBI) deals of the US dollar outperformed $265 million in the money sell off.During today's auction, the CBI...
Iraq’s $9.5B fiscal gap: Government triggers emergency borrowing plan
Iraq is facing a serious cash shortage, with a funding gap estimated between $8.5 billion and $9.5 billion.The problem has built up between March...
Demanding an increase in the allocations for two ministries in the...
On Sunday, individual from the Parliamentary Security and Guard Council, Muhammad Al-Shammari, called for dispensing extra monetary aggregates to the Services of Safeguard and...
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,...