For the first time, dollarization decreased by 20% in Iraqi markets

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The Chamber of Commerce supported a 20% decline in dollarization in Iraqi markets by 2024. Muhammad Al-Tamimi, the chairman of the Diyala Chamber of Commerce,...

Economist: Resorting to borrowing to cover the region’s expenses will burden...

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economic researcher Diaa Abdul Karim believes that resorting to borrowing to cover the Kurdistan region's charges will pressure the local government to default on...

Framework: Calls for demonstrations in Iraq are doomed to fail and...

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Coordination Framework member Saad Al-Mutalibi confirmed these days, Sunday, that any attempt to maintain demonstrations in Iraq against the political gadget and create chaos...

US says it doesn’t support Pakistan-Iran gas pipeline project going forward

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The U.S. said on Tuesday it doesn't uphold a Pakistan-Iran gas pipeline project from proceeding and forewarned about the gamble of assents in working...

Al-Maamouri: Failure to adjust the salary scale has prompted employees to...

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Former MP Amir Al-Maamouri said on Sunday that keeping the current salary scale — without any real changes — has pushed many employees to...

An expert explains the procedures regarding the Education Law and the...

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Legal expert Ali Al-Tamimi explained on Monday what can happen next with Iraq’s new Education Law after the Ministry of Finance refused to implement...

Oil prices are falling amid a strong dollar and rising global...

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Oil prices slipped again on Friday, extending losses for the third consecutive month, as a strong U.S. dollar and rising global supply outweighed the...

Parliamentary Finance Committee: The budget has not yet arrived and Parliament...

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Member of the Finance Committee in the house of Representatives, Hussein Al-Saabari, discovered today, Saturday, that the price range regulation has no longer yet...

Iraq Issued 180 New Licences for Industrial Projects in September

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The Directorate of Industrial Development at Iraq’s Ministry of Industry and Minerals announced that it issued 180 preliminary licences for new industrial projects in...

Iraq is developing new plans to boost oil revenues.

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Bassem Mohammed Khudair confirmed on Saturday that the priorities of the Ministry of Oil for the next stage include increasing oil production capacity, ending...

The Parliamentary Finance Committee calls for radical solutions to ensure the...

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The Parliamentary Finance Committee demanded, on Monday, radical solutions to make sure the continuity of salaries for employees. A statement with the aid of the...

Gold prices remain stable globally amid anticipation of the interest rate...

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Gold prices remained stable in global markets on Monday as investors waited for key inflation data and signals from major central banks about future...

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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...