Iraq and South Korea Eye Closer Economic Partnership
The Iraqi Ministry of Electricity has launched a nationwide campaign to crack down on illegal electricity connections in Baghdad and all other provinces, aiming…
Iraqi News & Economy Updates – Page 38
Latest Iraqi News posts
Crackdown on Electricity Theft: 55% of Power Stolen
The Iraqi Ministry of Electricity has launched a nationwide campaign to crack down on illegal electricity connections in Baghdad and all other provinces, aiming…
Iraq-Jordan Pipeline Project Back in Focus after Talks
Iraqi Parliament Speaker Mohammed al-Halbousi has wrapped up an official visit to Jordan, where he held a series of meetings focused on expanding cooperation…
Al-Marsoumi reveals the conditions set by foreign companies for resuming oil production in Kurdistan.
Economic expert Nabil al-Marsoumi says foreign oil companies have laid out several key conditions that must be met before they resume oil production and…
Al-Kaabi: Thousands of martyrs and wounded are waiting for justice through the enactment of the Popular Mobilization Forces Law.
MP Hassan al-Kaabi has called for the swift passage of the Popular Mobilization Forces (PMF) law, describing it as an urgent national priority that…
Iraqi Diyala power station blast critically burns engineer
A senior engineer from Iraq's Electricity Ministry suffered severe burns on Tuesday after a circuit breaker exploded inside a power station in the Al-Khalis…
The speech reveals the true reasons behind Iraq’s decision to print 25 trillion dinars.
Iraqi affairs expert Muwaffaq al-Khattab has shed light on what he says were the reasons behind Iraq's decision to print around 25 trillion dinars…
New jump in oil prices
Oil prices moved higher in early trading on Tuesday as concerns grew that tensions between Iran and Israel could flare up again, raising fears…
CBI Denies Printing Dinars Amid Spending Concerns
The Central Bank of Iraq has pushed back against claims that its treasury bill discounting operations are the same as printing money, stressing that…
Iraq PM Pledges $10bn Development Fund for Private Sector
Prime Minister Ali al-Zaidi met with a group of Iraqi businessmen, economic council members, private sector representatives, and leaders of private banks to discuss…
Iraq’s cash reserves: between actual need and US restrictions
Economic experts and political figures are raising concerns about Iraq's continued dependence on the international banking system tied to the United States. They warn…
State of law: Resolving the remaining ministerial appointments depends on political agreements.
Dr. Salah Boushi, a member of the State of Law Coalition, said the coalition is still standing behind its candidates for ministerial positions, even…
An economist says Iraq’s reserves are capable of supporting the dinar despite the risks.
Economic expert Safwan Qusay has warned about the risks of weakening the Iraqi dinar against the US dollar as tensions and conflict continue across…
Oil jumps above $97
Global oil prices moved sharply higher on Monday, with Brent crude gaining more than $4 per barrel and rising above $97. The jump highlights…
Al-Yousef on the 2026 budget: The government is focusing solely on securing salaries.
Member of Parliament Mukhtar al-Youssef said it is very unlikely that Iraq's 2026 budget will be approved this year. According to him, the government's…
Four Arrested Over $1.3m Diyala Electricity Fraud
Four senior officials from Diyala's Electricity Distribution Directorate have been arrested over an alleged corruption case involving the theft and embezzlement of electrical materials…
World Bank to fund $900 million initiative to upgrade roads in Iraq
The World Bank has announced its support for a major $900 million project aimed at improving Iraq's road infrastructure and transportation network. According to…
Brent crude touches $98 as supply concerns persist
Oil prices remained stable in global markets on Sunday, ending the week near their recent highs as investors continued to monitor political and security…
The parliamentary finance committee rules out the approval of the 2026 budget and provides reassurance regarding salaries.
The Finance Committee in the Iraqi Parliament has indicated that the 2026 federal budget is unlikely to be approved, with attention now shifting toward…
Iraq prints 25T dinars after oil revenues collapse
Iraq has printed 25 trillion dinars, worth roughly $19 billion, to help deal with growing financial pressure caused by declining oil revenues, according to…
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