Al-Jubouri calls for exempting solar energy systems from customs duties.
Former Iraqi MP Thaer al-Jubouri is calling on the government to extend customs exemptions for solar energy systems, saying it could help ease Iraq’s...
US Dollar rises in Baghdad and Erbil markets
The US dollar started Thursday trading a bit higher in Iraq, hovering around 154,000 dinars per 100 dollars.
A market survey by dinaropinions.com showed that...
There is a slight difference in dollar exchange rates between Baghdad...
The US dollar remained largely stable against the Iraqi dinar in Baghdad on Thursday morning, while exchange rates in Erbil saw a slight decline...
The dollar weakened in Asian markets amid disappointing US private sector...
Friday, Asia — The US dollar slipped in early Asian trading as investors turned their attention to private sector job indicators, with official labor...
Oil prices rise to $76.63 per barrel
Oil prices moved higher on Wednesday, marking a second straight day of gains as concerns over global supply disruptions continued to support the market.
Brent...
A member of the State of Law coalition: The framework is...
A new political update is coming out of Iraq, and it’s all about stability inside the Coordination Framework—the bloc that plays a major role...
Oil prices fell for the third consecutive session amid easing concerns...
Oil prices continued to decline on Friday, marking their third straight session of losses, as worries about disruptions to Saudi oil supplies eased even...
Expert: There is no need for external borrowing, and Iraq possesses...
Financial expert and former member of the Central Bank's board, Ahmed Barihi, said on Saturday that Iraq is capable of managing the current financial...
Gold prices stabilize in Baghdad, edge higher in Erbil
Gold prices remained largely stable in Baghdad on Wednesday, while recording a slight increase in Erbil, according to a market survey.
In Baghdad’s Al-Nahr Street...
Oil prices decline amid anticipation of developments in the war in...
Oil costs fell on Tuesday, after profits of almost 2% inside the preceding consultation, as markets monitored tendencies within the Russian-Ukrainian battle and its...
Oil prices fell for the third consecutive session.
Oil prices extended their losses for a third consecutive session on Friday, pressured by U.S. efforts to broker a peace agreement between Russia and...
Iraqi oil strengthens its gains in today’s trading
Iraqi crude oil prices posted strong gains on Wednesday, supported by a broader rise in global oil markets.
Basra Heavy crude climbed to $62.98 per...
Iraqi News
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...
Gas Investment Plans Reviewed for Nahr Bin Umar Field
Iraq is moving ahead with plans to develop associated gas at the Nahr Bin Umar oil field in Basra province. The project was discussed...