Gold records its biggest monthly collapse in 18 years
Gold prices dropped sharply on Tuesday, falling more than 1% and putting the metal on track for its biggest monthly decline since October 2008.
Spot...
After the legislative recess… a bet on finalizing the postponed laws.
Member of Parliament Hussein Shaker said that Iraq's Parliament will resume its work after the legislative recess with a focus on passing several important...
Iraqi oil prices have fallen again
Iraqi oil prices moved lower on Tuesday as global crude markets also came under pressure.
Basra Heavy crude fell to $60.66 per barrel, down 0.64%,...
MP: Corruption is the main reason behind foreign investment reluctance towards...
Member of Parliament Mohammed Hadi said that corruption remains the biggest reason behind many of Iraq's ongoing problems, warning that it continues to damage...
MP: Government may resort to adjusting the exchange rate to counter...
Former Iraqi MP Rasoul Radhi has warned that the dollar exchange rate could rise further in local markets as Iraq faces growing financial pressure...
An urgent investigation committee was formed after two billion dinars were...
Security authorities have launched an urgent investigation after two billion Iraqi dinars were discovered at a checkpoint in eastern Maysan Governorate.
According to a security...
Adjusting quotas is better than withdrawing: Economist warns against Iraq leaving...
Economic expert Abdul Rahman Al-Mashhadani has warned that leaving OPEC would be a risky move for Iraq, saying the country is not currently prepared...
Mosul Dam releases reduced to 400 cubic meters per second
Water releases from Mosul Dam into the Tigris River have been reduced to 400 cubic meters per second, according to informed sources.
The sources said...
Debt without contracts: Iraq’s shadow credit market
When Iraq's banking system cannot meet the needs of ordinary people, many citizens turn to another source of money: the informal lending market.
In Baghdad's...
Effective today, the Minister of Finance has directed the disbursement of...
Iraq's Finance Minister, Faleh Sari, has ordered the start of salary payments for government employees for the month of June.
According to a statement from...
Al-Badri warns against American dominance over the Iraqi economic file.
Political analyst Saeed al-Badri has warned Iraq against becoming too dependent on the United States, saying the country should not allow Washington to dominate...
The IMF expects artificial intelligence to contribute to higher inflation.
The International Monetary Fund (IMF) believes that artificial intelligence could push inflation higher in the coming years. The reason is not just the rising...
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...