Iraqi banks are suffocating… Al-Mashhadani reveals the most serious liquidity crisis...
Economic expert and academic Abdul Rahman Al-Mashhadani warned that Iraq is entering a critical financial phase marked by shrinking liquidity, pressure on government banks,...
Swiss trader Lytton moves stalled Iraqi oil tanker past Hormuz blockade
The voyage of the Agios Fanourios I highlights how the conflict-driven disruption around the Strait of Hormuz has transformed oil trading into an extremely...
An economist says: Borrowing narrows Iraq’s economic options, and the solution...
Economic expert Manar Al-Obaidi warned that Iraq’s worsening fiscal imbalance is narrowing the government’s economic options, with borrowing increasingly becoming the primary method to...
Dollar steadies in Baghdad and Erbil during Eid holiday
The exchange rate of the US dollar against the Iraqi dinar remained broadly stable across Iraq on Wednesday as market activity slowed ahead of...
Former MP: The government faces two paths: borrowing or raising the...
Former member of the Parliamentary Finance Committee, Abdul Hadi Mouhan, said the new Iraqi government is facing two difficult financial choices as it tries...
SK Hynix shares surge, surpassing a market capitalization of $1 trillion.
Shares of South Korean chipmaker SK Hynix surged as much as 11% on Wednesday, pushing the company’s market value above $1 trillion as investor...
The Democratic Party confirms its intention to proceed with the State...
Wafa Muhammad Karim, a member of the Kurdistan Democratic Party, said the party is preparing to coordinate with the State of Law Coalition to...
Oil prices fell as the market awaited the outcome of US-Iranian...
Oil prices moved lower on Wednesday after strong gains in the previous session, as investors waited for updates on talks between the United States...
China continues its rise in the foreign asset market
China has overtaken neighboring Japan to become the world’s second-largest creditor nation, despite Japan reaching a record high in total foreign assets.According to data...
Iraqi oil falls again amid global market turmoil
Iraqi oil prices recorded a sharp decline on Tuesday as global energy markets continued to fluctuate and benchmark crude prices showed mixed performance.Basra Heavy...
Diyala Council: Obtaining the green light to reconsider the summer agricultural...
Diyala Council announced on Tuesday that it received official approval from the Ministry of Agriculture to review and expand the summer agricultural plan across...
Dollar exchange rates remain stable in the local market.
The exchange rate of the US dollar against the Iraqi dinar remained stable in بغداد markets on Tuesday morning, while prices recorded a slight...
Iraqi News
Basra crude oil posted weekly gains as global markets declined.
Basra crude oil posted strong weekly gains despite ending the week with losses in the final trading session, as global oil markets experienced a...
Parliamentary move to legislate a long-term leave law for state employees
Member of the Parliamentary Legal Committee Mohammed al-Khafaji has revealed new details about the proposed long-term leave law for state employees, saying it could...
Mosul Dam reduces water releases to 750 cubic meters per second
Water releases from the Mosul Dam into the Tigris River have been reduced after a decline in water inflows coming from Turkey, according to...
No change in exchange rates… The dollar is stable in Baghdad and Erbil
The exchange rate of the U.S. dollar against the Iraqi dinar remained stable on Saturday morning in both Baghdad and Erbil, with no significant...
Parliamentary warning of difficulty in funding salaries and high risks of domestic borrowing
MP Bassem al-Gharabi has warned that Iraq could face serious economic challenges if tensions in the Middle East continue to escalate.Speaking about the situation,...