The White House issues a position on revenue sharing between Baghdad...

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US National Security Advisor Jake Sullivan reaffirmed today, Friday, that his country supports the security of Iraq's Kurdistan region, as well as the sharing...

Oil rises, markets await OPEC+ decision despite mixed demand drivers

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Oil prices rose on Friday and were expected to end the week slightly higher as markets anticipated an OPEC+ decision on supply agreements for...

Iraqi PM discusses investment opportunities with Turkey’s Limak

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On Thursday, Iraqi Prime Minister Mohammed Shia Al-Sudani visited a group from Limak, a Turkish corporation that specializes in transportation and building projects. According to...

Iraq is looking forward to joining the World Trade Organization

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Today, Friday, the Ministry of Commerce confirmed the government's desire to join the World Trade Organization, particularly after the Saudi representative in the organization,...

Four banks account for more than 50% of the size of...

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According to the Future Iraq Foundation for Economic Studies and Consultations, four private-sector banks now account for more than half of Iraq's banking industry. According...

Al-Sudani: The investment environment in Iraq has become promising, welcoming and...

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Iraq's business climate is "promising, welcoming and open after the financial, administrative and banking reforms carried out by the government he heads," according to...

The International Monetary Fund indicates a decline in inflation rates and...

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The Ministry of Finance and the IMF both reported that there had been a "significant decline" in inflation rates, which was mirrored in the...

207 trillion dinars.. How can the assets of the Central Bank...

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After the resources of the National Bank of Iraq rose to 207 trillion Iraqi dinars, questions emerged about how to safeguard them and whether...

Iraqi PM encourages Armenian Investment

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Mohammed Shiaa Al-Sudani, the prime minister of Iraq, and Vahagn Khachaturyan, the president of Armenia, met on Tuesday. Al-Sudani highlighted several important investment opportunities,...

IMF says Iraq’s non-oil GDP growth improves

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On Wednesday, the International Monetary Fund (IMF) reaffirmed that Iraq's GDP growth, excluding oil, is improving. According to a statement released by the IMF, an...

The assets of the Central Bank of Iraq amount to 207...

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A recent economic data states that the Central Bank of Iraq's assets have increased to 207 trillion Iraqi dinars. The following are the assets of...

Parliamentary insistence on legislating investment, oil and gas laws

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MP Muhammad Al-Ziyadi, a member of the Economy and Investment Committee, revealed on Wednesday that the committee has started debating changes to the National...

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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...