Baghdad calls on Washington to reconsider the sanctions imposed on 21...
The Iraqi Ministry of Foreign Affairs announced on Wednesday that Fouad Hussein, the deputy prime minister and minister of foreign affairs, has urged the...
Iraq revokes Iran’s Bank Melli operating license
According to a Central Bank of Iraq (CBI) document verified by two authorities, the biggest bank in Iran, Bank Melli Iran, has had its...
A former central bank official rules out the collapse of the...
The collapse of the banking system in Iraq as a result of the US Treasury's sanctions against a number of the nation's banks was...
Iraq’s revenues from oil exports fall by 3%
Iraq received $8.025 billion in income from oil shipments in January, a three percent decline.The Iraqi Ministry of Oil released numbers showing that, compared...
Iran’s Involvement: Turkmenistan exceptional deal to supply Iraq with gas
The deputy leader of the Iraqi parliamentary committee on energy and power, Hassan Al-Asadi, disclosed on Saturday a "exception" in the gas deal between...
An economist explains the reasons for the shortage of “gasoline” at...
Economic expert Safwan Qusay says the recent gasoline shortages at some fuel stations are mainly the result of distribution challenges and delays in imported...
The Central Bank of Iraq cancels the license of an Iranian...
An Iranian bank branch in Iraq had its license revoked by the Central Bank of Iraq.The bank said in a letter to the Iranian...
The Iraqi Central Bank Cancels The Operation Of The Largest Iranian...
Due to international sanctions and the bank's restricted activities in Iraq, the Central Bank of Iraq has revoked the license of the National Bank...
Economist’s “News and Views” Saturday 2-17-2024
Top Economist Steve Hanke: Incoming Regulations Will Actually Trigger the Next Banking CrisisDaniela Cambone: 2-16-2024Professor Steve Hanke joins Daniela Cambone to discuss the current...
Worth a million dollars…thwarting an attempt to smuggle a valuable “archaeological”...
On Friday, the National Security Service reported that it had prevented the smuggling of an important and valuable archaeological book.The agency reported that they...
US dollar exchange rate slightly increases in Baghdad, Erbil
The closing of the nation's two major stock markets on Thursday resulted in an increase in the value of the US dollar relative to...
The Iraqi Parliament calls for confronting US sanctions and selling oil...
In an effort to counteract US sanctions on Iraqi banks, the Finance Committee of the Iraqi House of Representatives advocated on Wednesday for the...
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,...