UNDP Awards Iraq Contracts
The United Nations Development Programme has awarded several new contracts in Iraq covering environmental projects, maintenance services, and training programs. Al-Chibaish Organization for Environment…
Iraqi News & Economy Updates – Page 42
Latest Iraqi News posts
Topped by the salary scale: Parliamentary pressure to pass 4 vital laws
Member of Parliament Ali al-Daraji revealed on Monday that strong parliamentary pressure is currently underway to pass and amend several long-delayed strategic laws inside…
Denying the printing of currency, a financial advisor reassures the public about Iraq’s cash reserves.
Mazhar Muhammad Salih denied reports claiming that the Central Bank of Iraq is printing local currency outside legal controls, saying the claims are false…
To avoid conflicts of interest, Al-Sakini calls on the Prime Minister and the Minister of Electricity to leave commercial activity.
Ibrahim al-Sakini called on Prime Minister Ali al-Zaidi and Electricity Minister Ali Saadi Wahib to fully comply with laws that prevent government officials from…
The oil and gas law tops the parliament’s priorities; moves are underway to legislate it in the coming period.
Member of Parliament Qusay Abbas confirmed that the Oil, Gas and Natural Resources Law remains one of the top priorities for Parliament during the…
Dollar exchange rates vary between Baghdad and Erbil.
The US dollar exchange rate against the Iraqi dinar saw mixed movements on Monday morning, with a slight increase in بغداد markets and a…
Diyala Council forms committee to inspect soil erosion at Hamrin Bridge
The Diyala Council announced on Saturday the formation of a special committee to inspect soil erosion near the concrete Hamrin Bridge and assess whether…
Al-Saadawi warns against external borrowing: The regional crisis threatens the Iraqi economy.
Former member of the Parliamentary Finance Committee, Abdul Hadi Al-Saadawi, warned against relying on external borrowing if the current regional crisis continues, saying such…
Agriculture: Farmers’ dues will be released after Eid al-Adha
The Ministry of Agriculture announced on Sunday that farmers’ payments will be released after Eid al-Adha. In a statement, the ministry said the Ministry…
Brent crude maintains its gains in global trading
Global oil prices remained mostly stable in Sunday morning trading as international markets and exchanges stayed closed for the weekend. Brent crude futures held…
The dollar has fallen again against the dinar in Baghdad and Erbil.
The US dollar recorded a noticeable drop against the Iraqi dinar on Sunday morning in major exchanges and local markets in both Baghdad and…
Relative stability in dollar prices in Baghdad and Erbil
The US dollar exchange rate remained mostly stable in Baghdad and Erbil on Saturday morning as trading for the new week began. In بغداد,…
Basra crude oil recorded a 2% decline in weekly trading.
Basra Heavy and Basra Medium crude oil both ended last week lower, following a broader decline in global oil prices, including Brent and West…
The parliamentary electricity committee clarifies details of the seizure of 300 smuggled transformers.
The Parliamentary Committee on Electricity and Energy said that the seizure of 300 smuggled electrical transformers came after direct monitoring and follow-up by the…
Releases from Mosul Dam have decreased to 1750 m3 per second towards the Tigris River.
An informed source said on Saturday that water releases from the Mosul Dam into the Tigris River have dropped to 1,750 cubic meters per…
Government advisor: The Ministry of Finance is preparing a three-year emergency plan to boost revenues.
Iraq is facing a serious financial problem after oil exports dropped and the Strait of Hormuz crisis added more pressure on the economy. Prime…
Gold falls for second week amid strong dollar and fears of US interest rate hike
Gold prices slipped slightly on Friday and are now heading toward a second straight weekly loss, as a stronger U.S. dollar and rising oil…
CBI Boss says No Plan to Revalue Iraqi Dinar
Central Bank of Iraq Governor Ali Mohsen Al-Alaq has ruled out any plans to change Iraq’s official exchange rate for the Iraqi dinar. According…
Expansion of Electronic Services via Iraq’s “Ur” Portal
The Iraqi government has added a number of new electronic forms to the Ur government services portal as part of its ongoing push to…
Oil prices rise amid stalled talks between Washington and Tehran and concerns over the Strait of Hormuz
Oil prices moved higher on Friday as investors became more doubtful about the chances of a breakthrough in peace talks between the United States…
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