Iraq oil exports drop 75% amid Hormuz closure

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Iraq’s Oil Minister, Hayan Abdul-Ghani, said on Saturday that the country’s oil exports have dropped by about 75% because of the continued closure of...

The Finance Committee reveals the total transfers today in Iraq

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Representative Mudar Al-Karawi, a member of the Parliamentary Finance Committee, confirmed on Wednesday that Iraq receives 250 million dollars in daily transfers. Al-Karawi said in...

Parliamentary Security: We have dealt 7 blows to currency counterfeiting networks...

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The Parliamentary Security Board affirmed, on Sunday, that it coordinated 7 negative marks against cash duplicating networks during the ongoing year. According to Yasser Iskandar,...

Iraq-Czech Business Council Proposed to Boost Trade

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Iraq and the Czech Republic are working to strengthen economic and trade cooperation following discussions between officials from Iraq's Ministry of Trade and representatives...

MP: Parliament prepares to resolve controversial laws in upcoming sessions

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MP for the progress parliamentary bloc, Ahmed Al-Mashhadani, confirmed today, Thursday, that Parliament is satisfied to remedy the three debatable legal guidelines in its...

Al-Hilali reveals details of the prime ministerial nominations within the coordination...

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Independent politician Ayed Al-Hilali explained how names are being put forward for the post of prime minister and which political forces are backing them...

CBI Says Foreign Reserves Cover 12 Months of Imports

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The Central Bank of Iraq recently held an emergency meeting to talk about the country’s economic and financial situation. The board gathered to review...

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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...