Iraq is vulnerable to oil supply interruptions
When it comes to the nations most vulnerable to threats to the oil supply, Iraq trailed only Kuwait.
The effect of the growing war in...
USD/IQD rate closes slightly higher in Baghdad, Erbil
On Wednesday, the exchange rate between the US dollar (USD) and the Iraqi dinar (IQD) finished marginally higher in the Baghdad and Erbil markets.
According...
Basra’s Heavy and Intermediate crudes rise amid global oil surge
Wednesday's slight increase in the price of Basra Heavy and Basra Intermediate crude oils was in line with the worldwide increase in oil prices.
Basra...
CBI’s sales surpass the $200 mn threshold
On Wednesday, sales in the Central Bank of Iraq's (CBI) currency auction exceeded $213 million.
Our reporter reports that CBI sold $213,533,518 during its auction...
The Federal Court obligates the Kurdistan government to hand over all...
The Kurdistan Regional Government was ordered to turn over all oil and non-oil profits to Baghdad by the Federal Supreme Court on Wednesday. This...
Parliamentarian: The diversity of currencies accounts for 20% of Iraq’s foreign...
Baqir Al-Saadi, a member of the House of Representatives, stated today, Wednesday, that 20 percent of Iraq's international commerce is now attributed to the...
A 40-day opportunity… Millions of citizens are required to obtain the...
After the deadline was extended to April 1, the Ministry of Interior announced that working with old identification documents in state departments and conducting...
After canceling the electronic platform…the Central Bank reveals the mechanism for...
Today, Tuesday, the Central Bank of Iraq made public the method by which it finances international commerce following the cancellation of the electronic platform...
USD prices record a downward trend in Baghdad and Erbil
Tuesday saw a decline in dollar values in the marketplaces of Baghdad and Erbil, the Kurdistan Region's capital.
According to our reporter, the dollar's value...
Iraq conducts new gas licensing round
The Ministry of Oil in Iraq announced on Tuesday that a new round of gas extraction licenses has begun, with an emphasis on the...
A Kurdish representative expects the date of approval of the “amended”...
Muthanna Amin, the Kurdish MP for Iraq, predicted on Tuesday that the "amended" federal budget will be adopted at the beginning of the next...
The American General Electric thanks the Sudanese government: Iraq has become...
The Iraqi government, particularly in the last year, has been more like a workshop for projects, as the General Electric Company confirmed today, Tuesday,...
Iraqi News
Foreigners’ wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects
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
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
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
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 Iraqi Ministry of Finance announced on Wednesday that it has officially started funding employee salaries for September.
According to a brief statement from the...