Supply disruption fears drive oil prices higher

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Oil prices rose by more than 1.5% on Tuesday as concerns grew over possible supply disruptions caused by increasing tensions in the Middle East....

Oil prices rise in global markets

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Oil prices moved higher in global markets on Saturday as growing tensions in the Middle East increased concerns about global oil supplies. The market...

A Kurdish leader reveals the number of Kurdistan employees included in...

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Wafa Muhammad Karim, a leader in the Kurdistan Democratic Party, has revealed that more than 740,000 government employees in the Kurdistan Region now receive...

An economist says the 2027 budget may become just ink on...

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Economic expert Abdul Rahman al-Mashhadani warned that Iraq may struggle to finalize and implement its 2027 budget amid ongoing regional tensions, the U.S.-Iran conflict,...

Iraq’s WTO Accession and National Trade Strategy on Agenda

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Iraq's Ministry of Trade has held an expanded meeting with the International Trade Centre (ITC) to discuss cooperation on Iraq's accession to the World...

Abdul Wahid: The regional government has not paid employees’ salaries despite...

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the pinnacle of the brand new era bloc, MP Sarwa Abdul Wahid, showed on Wednesday that the Kurdistan nearby authorities (KRG) has now not...

Oil prices rise due to tensions between the US and Venezuela.

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Oil prices inched higher on Friday after news broke that the United States may seize more Venezuelan oil tankers. This raised fresh concerns about...

Iraq-Korea Business Council Talks on Economic and Trade Ties

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Iraq’s Ministry of Trade has held discussions with the Iraq-Korea Business Council as both sides look to strengthen economic and trade ties and support...

Iraq, Germany’s GIZ discuss Energy Transition

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Iraq is studying a new strategic project aimed at modernizing its electricity sector and expanding the use of renewable energy, following discussions between the...

The Oil and Gas Committee notes observations on the ministry’s performance...

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Nazim Al-Shabli, a member of the Parliamentary Oil and Gas Committee, confirmed on Tuesday that the committee has recorded several observations regarding the performance...

Parliamentary Economy Committee: Investment Law has been stalled for political reasons

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Former Deputy Chairman of Iraq’s Parliamentary Economic Committee, Yasser al-Husseini, said the country's investment law was delayed in recent years due to political disagreements,...

To boost the economy, calls are being made to open corruption...

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Growing concerns over corruption in Iraq have led to renewed calls for a wider crackdown on financial misconduct, especially after several cases involving the...

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Iraqi News

Foreigners' wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects

Foreigners’ wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects

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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...
Gas Processing Unit Opens at East Baghdad South Field

Gas Processing Unit Opens at East Baghdad South Field

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Iraq has officially opened a new gas processing unit at the East Baghdad oil field with a production capacity of 30 million standard cubic...
New Wave Offshore Energy Wins Contract for AGUP Phase 2

New Wave Offshore Energy Wins Contract for AGUP Phase 2

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Sinopec has awarded a Marine Warranty Survey contract to New Wave Offshore Energy for work related to Phase 2 of the Associated Gas Upstream...
Private Banks League discusses Banking Reform with Parliament

Private Banks League discusses Banking Reform with Parliament

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Iraq's Parliamentary Finance Committee recently held a workshop with the Iraqi Private Banks League (IPBL) to discuss the current condition of the country's banking...
The Ministry of Finance begins funding employee salaries for the month of September.

The Ministry of Finance begins funding employee salaries for the month of September.

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The Iraqi Ministry of Finance announced on Wednesday that it has officially started funding employee salaries for September. According to a brief statement from the...