New Investment Plan Targets Infrastructure and Economic Growth
Iraq is planning a big push to grow its economy and create new opportunities.The National Investment Commission (NIC) has introduced a new strategy focused...
Iraqi Parliament Elects the new President
Iraq has a new president.Parliament voted on Saturday to elect Nizar Amidi as the country’s President. He is a member of the Patriotic Union...
Global energy markets rattled as oil tankers retreat from Hormuz following...
Tensions in the region just spiked again—and the reaction was immediate.Two massive oil tankers suddenly turned around at the entrance of the Strait of...
6 million barrels of Iraqi and Saudi oil exit Hormuz as...
Oil is flowing again through the Strait of Hormuz—and in a big way.New data shows that shipments have reached their highest levels since the...
US-Iran negotiations fail in Islamabad
Talks between the United States and Iran ended without a deal after long, intense negotiations in Pakistan.US Vice President JD Vance said the discussions...
US Dollar edges higher in Baghdad and Erbil
The US dollar started Sunday higher against the Iraqi dinar, showing a noticeable increase from the previous day.In Baghdad, the dollar reached 153,600 dinars...
President Rashid Announces Withdrawal from Second-Term Bid
President Abdul Latif Jamal Rashid has announced that he will not run for a second term, saying his decision is meant to protect unity...
The State of Law bloc announces it will not attend tomorrow’s...
The State of Law bloc said on Friday it will not attend Saturday’s session to elect Iraq’s president.In a statement, the bloc explained that...
The second reduction in water releases from the Hamrin Dam has...
Officials in Diyala say water levels are being carefully managed, with another cut in water releases from Hamrin Dam.Raad Maghamis al-Tamimi, head of the...
The dollar remained stable in Baghdad and experienced a slight decline...
The US dollar saw small changes against the Iraqi dinar on Saturday, the first trading day of the week.In Baghdad, things stayed steady. The...
Ministry of Trade Clamps Down on Unauthorised Exhibitions
Iraq is tightening control over how exhibitions are organized in the country.The General Company for Iraqi Exhibitions and Commercial Services said it is the...
Patriotic Union of Kurdistan: Five Kurdish parties break the boycott barrier...
Ahmad al-Harki, a leader in the Patriotic Union of Kurdistan (PUK), said on Saturday that five Kurdish parties are taking part in the parliamentary...
Iraqi News
Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars allocated for job...
Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...
Iraqi oil prices fall by 2%… Basra crude records $112
Iraqi oil prices moved lower on Wednesday, falling more than 2% as global energy markets weakened.Basra Heavy crude dropped $1.13 to $112.50 per barrel,...
Al-Kadhimi: Halting dollar shipments is American blackmail that infringes on Iraq’s sovereignty.
Former parliamentary finance committee member Mu'in al-Kadhimi criticized reports that the US halted dollar shipments to Iraq, calling the move “political blackmail” and interference...
1.6m bpd Kirkuk Export Pipeline Set for Relaunch
Iraq’s Ministry of Oil says exports through the Kirkuk-Fishkhabour-Turkey pipeline could resume soon, starting with limited volumes.The pipeline has a capacity of 1.6 million...
DNO issues Update on Production
Norwegian energy company DNO has given an update on its operations in Iraq’s Kurdistan region, saying it is preparing to ramp production back up...