Iraq and Siemens Energy forge path for energy collaboration
At the Munich Security Conference in Germany, Christian Bruch, the CEO of Siemens Energy, and Iraqi Prime Minister Mohammed Shia Al-Sudani recently conducted important...
Iran’s Involvement: Turkmenistan exceptional deal to supply Iraq with gas
The deputy leader of the Iraqi parliamentary committee on energy and power, Hassan Al-Asadi, disclosed on Saturday a "exception" in the gas deal between...
Iraqi PM welcomes British investment, meets UK Foreign Minister
On the fringes of the Munich Security Conference in Germany on Friday, British Foreign Minister David Cameron had a meeting with Iraqi Prime Minister...
US dollar exchange rate slightly increases in Baghdad, Erbil
The closing of the nation's two major stock markets on Thursday resulted in an increase in the value of the US dollar relative to...
Erdogan sets 60 days to “resolve” Al-Faw port: We are working...
Recep Tayyip Erdogan, the president of Turkey, stated that following his recent visit to the United Arab Emirates, he was given 60 days to...
Al-Sudani discusses with Admiral Munch the role of “NATO” after the...
On Friday, the Commander of the Joint Forces of the North Atlantic Treaty Organization (NATO), Admiral Stuart Munch, and Prime Minister Muhammad Shiaa Al-Sudani...
Investment Opportunity: Waste-to-Energy Power Plant
The establishment of a Waste-to-Energy (WtE) power production facility in the Baghdad Governorate/Al-Nahrawan area has been announced as an investment opportunity by the Iraqi...
The Baghdad dollar ends its week near 152.5.. The money changers...
The US dollar's exchange rates ended the week steady on Thursday night, hovering around 152.5 thousand dinars for every $100 note. This level of...
Remittances of currency abroad rise to $185 million in CBI’s auction
At the Central Bank of Iraq's (CBI) auction on Thursday, foreign currency remittances increased by 88% as compared to cash sales, totaling $185 million.
At...
Iraq follows Russia as second largest oil supplier to India
According to data released by the Indian Ministry of Commerce and Industry, as of December 2023, Iraq was India's second-largest oil supplier, after Russia.
The...
Iraq will produce double the electricity coming from Jordan and 2%...
Iraq is scheduled to start its first trash-to-electricity experiment next month. The project would use 3,000 tons of waste each day in Baghdad, the...
Parliamentary Finance clarifies the powers of the legislative and executive authorities...
The federal government's powers and the House of Representatives' participation in the current year's budget—which the House of Representatives is still awaiting from the...
Iraqi News
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...
CBI Rebuffs Speculation Over Foreign Currency Reserves
The Central Bank of Iraq (CBI) has confirmed that its foreign currency reserves remain strong and are fully capable of meeting the country's demand...
Al-Saadi: There is no decision to raise the exchange rate at present… but financial...
Former MP Baqir Al-Saadi said there is currently no government decision to raise Iraq’s official dollar exchange rate, despite recent concerns caused by fluctuations...