The dollar holds near its highest level in three months amid...

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The US dollar remained steady in early Asian trading on Friday, holding near a three-month high, as investors digested mixed global signals — from...

For the second week in a row, the dollar stabilizes and...

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The greenback held in large part constant in early Friday buying and selling as bond markets stabilized and traders awaited key U.S. jobs facts...

Government advisor points to weak cash credit ratio in Iraqi private...

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Mazhar Muhammad Salih, the Iraqi government's financial advisor, said on Wednesday that private banks' cash credit-to-deposit ratio may approach the standard of 75%, which...

IMF Upgrades Iraq Forecasts

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Baghdad — The International Monetary Fund (IMF) has raised its forecast for Iraq’s economic growth and lowered its projection for inflation in its latest...

Anbar Alliance: The American attack created a gap between the government...

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Today, Saturday, the United Anbar Alliance believed that the recent American attack on the Popular Mobilization Forces in Jurf al-Nasr caused a divide between...

CBI Denies Reports of New Redenominated Currency

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The Central Bank of Iraq has denied reports claiming that it is printing new banknotes with zeros removed as part of a planned currency...

An economist says it’s likely that a spending law and a...

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Economic expert Dr. Safwan Qusay says Iraq may be better off passing a special spending law for the rest of this year rather than...

Oil prices steady as focus turns to 2025 market outlook

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Oil expenses maintained their balance as investors focused on the demanding situations of 2025, which variety from abundant deliver to the inability to expect...

Oil prices remain high

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Oil charges stabilized after rising the day past, Tuesday, as markets targeted on chinese stimulus measures and expectations folks inventories.Brent crude become trading near...

After reserves fell to $77.5 billion, a congressman warned of a...

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MP Mahmoud al-Shammari has warned that Iraq could face a significant financial challenge if current economic conditions persist, pointing to declining foreign currency reserves...

Al-Karaawi: America is trying to restrict Iraq

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The leader of the popular movement's organizing committee, the Belt and Road Initiative, charged on Saturday that the US was placing restrictions on Iraq...

Iraq exported 170,000 barrels more than OPEC+ agreement

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Iraq may face more scrutiny as OPEC+ prepares to review the nation's supply strategy due to its failure to fulfill the alliance's March 2018...

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Iraqi News

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...
Gas Investment Plans Reviewed for Nahr Bin Umar Field

Gas Investment Plans Reviewed for Nahr Bin Umar Field

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Iraq is moving ahead with plans to develop associated gas at the Nahr Bin Umar oil field in Basra province. The project was discussed...