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…
Iraqi News & Economy Updates – Page 39
Latest Iraqi News posts
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…
Looted funds and billion-dollar contracts: A battle of attrition between al-Zaydi and networks of influence
Talk about corruption and suspicious government contracts is once again back in the spotlight, with growing calls to open old files, hold those responsible…
Uber imposes restrictions on the use of artificial intelligence after its budget was depleted early.
Uber is tightening control over its spending on artificial intelligence after using up its entire yearly AI budget in just the first four months…
Daham is referring to repaying the debt… We are not seeking anything other than what is rightfully ours in Al-Zaydi’s cabinet.
Mohammed Daham, a member of the Azm Alliance, says the alliance is not asking for anything beyond what it believes it earned through elections…
Gold prices dipped slightly, heading for a weekly loss.
Gold prices moved lower on Friday and are on track to end the week with losses as investors continue to watch developments in the…
The government faces economic challenges… The Zionist-American war closes the door to Iraqi oil exports.
The ongoing war between the United States and Iran is creating serious economic pressure across the region, and Iraq is feeling much of the…
Oil prices fell amid hopes of easing tensions in the Middle East.
Oil prices moved lower on Thursday after Lebanon and Israel agreed to a ceasefire, raising hopes that tensions across the Middle East could ease…
Gold rose, supported by a weaker dollar and rising oil prices amid optimism that tensions might ease.
Gold prices moved higher on Thursday as a weaker U.S. dollar and falling oil prices increased demand for the precious metal, while investors monitored…
Escalating regional tensions boost the dollar and put pressure on cryptocurrencies.
The U.S. dollar remained close to its strongest level in two months on Thursday as rising tensions in the Gulf region pushed oil prices…
The Democrat explains the main obstacles to proceeding with the legislation of the oil and gas law.
A member of the Kurdistan Democratic Party (KDP), Wafa Muhammad Karim, said on Thursday that several unresolved issues are still preventing the long-awaited Oil…
EBRD expects Iraq’s economy to contract by 1.5% in 2026
The European Bank for Reconstruction and Development (EBRD) has warned that economic growth across many emerging markets is expected to slow in 2026 as…
Gold prices fall amid inflation fears
Global gold prices moved lower on Wednesday as rising oil prices and renewed tensions in the Middle East increased concerns about inflation and the…
The Turkish central bank loses $8.4 billion from its reserves.
Turkey's central bank reserves recorded a sharp decline as political tensions increased following the removal of opposition leader Özgür Özel from his position. According…
Oil nears $100 a barrel
Global oil prices continued to climb for a third straight day on Wednesday as growing military tensions in the Gulf increased concerns about the…
An economist explains the reasons for the shortage of “gasoline” at gas stations.
Economic expert Safwan Qusay says the recent gasoline shortages at some fuel stations are mainly the result of distribution challenges and delays in imported…
State of law: The vote on the vacant ministerial posts may be decided at this time.
The State of Law Coalition says political forces within the Coordination Framework are preparing to hold an extraordinary meeting soon to settle the remaining…
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