Mosul Dam releases increased to 800 m³/second towards the Tigris

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Water releases from the Mosul Dam into the Tigris River have increased to 800 cubic meters per second, according to an informed source. The source...

Exceeding $10… Basra crude achieves significant weekly gains

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Basra Heavy and Basra Medium crude oil recorded strong gains this week, outperforming global oil benchmarks despite broader weakness in international energy markets. Basra Heavy...

The dollar continues its rise… a new surge disrupts local markets.

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The US dollar strengthened against the Iraqi dinar on Saturday morning, the first trading day of the week, with prices rising in Baghdad and...

Basra crude ends the week with losses exceeding 13%

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Iraqi crude oil recorded heavy losses this week, even though prices recovered somewhat during the final trading session. Basra Heavy crude gained $2.37 on the...

Syria, UAE in Talks over Iraq Transit Route for Gulf Trad

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Syria and the United Arab Emirates are discussing plans to create a new logistics corridor that would connect Syrian ports with Gulf markets through...

Iraq and Syria Sign Water Management Protocol

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Iraq and Syria have taken a new step toward strengthening cooperation on shared water resources after officials from both countries signed a joint technical...

The dollar as a weapon of pressure: An expert warns of...

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Economic expert Faleh al-Zubaidi said on Saturday that the United States uses its influence over the dollar and the global financial system as a...

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Iraqi News

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...
CBI Rebuffs Speculation Over Foreign Currency Reserves

CBI Rebuffs Speculation Over Foreign Currency Reserves

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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 pressures may bring the issue back to the forefront.

Al-Saadi: There is no decision to raise the exchange rate at present… but financial...

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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...
Parliamentary Finance Committee: Contract regularization is not an achievement without guaranteeing employee salaries

Parliamentary Finance Committee: Contract regularization is not an achievement without guaranteeing employee salaries

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Former Parliamentary Finance Committee member Mohammed Ibrahim has criticized the government's approach to preparing the upcoming budget, saying it appears to be repeating the...

Budget preparation: A repetition of past scenarios or a genuine solution to current crises?

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Iraq is getting ready to prepare its 2027 budget and send it to Parliament in October for discussion, changes, and approval. But there are...