Currency printing in Iraq: Between financial need and economic risks to the dinar
Concerns are growing among Iraqi economists over the idea of printing more money without strong backing from reserves like dollars or gold. Experts say…
Iraqi News & Economy Updates – Page 51
Latest Iraqi News posts
Parliamentary Finance Committee: The government will determine the amounts for the emergency support law to send to Parliament.
MP Basim al-Gharabi said the Ministry of Finance is now working on setting the funding levels for the proposed Emergency Support Law. He explained…
Oil prices suffered sharp losses as markets closed.
Oil prices dropped sharply on Sunday as global markets reacted to changing conditions. Brent crude settled at around $90.38 per barrel, down more than…
Iran’s top commander Esmail Qaani visits Iraq
Iranian commander Esmail Qaani arrived in Baghdad on Saturday for talks with Iraqi political leaders and armed groups, according to a senior official. His…
Rights: The Popular Mobilization Forces law is a sovereign decision, and we will thwart attempts to obstruct its enactment.
MP Miqdad al-Khafaji said there is strong agreement inside parliament to move forward with passing the Popular Mobilization Forces (PMF) law. He described the…
Contract for Solar Irrigation System
Iraq’s Foreign Ministry has set up a new high-level committee with one clear goal: improve the strength of the Iraqi passport. Right now, the…
Iraq forms committee to boost passport ranking
Iraq’s Foreign Ministry has set up a new high-level committee with one clear goal: improve the strength of the Iraqi passport. Right now, the…
Oil: We will resume exports from all fields within the next few days.
Iraq’s Ministry of Oil says it is preparing to restart oil exports from all fields within the next few days. In a new statement,…
The dollar declined in the Baghdad and Erbil markets.
The US dollar dropped again against the Iraqi dinar on Saturday as markets opened for the first trading session of the week. In Baghdad,…
Banking Arrangements Expanded to Meet Currency Demand
Rasheed Bank is getting ready for the upcoming Hajj season by making it easier for pilgrims to buy US dollars. The bank has told…
Calls to ban the sale of energy drinks to minors in Basra
Calls to restrict energy drinks—especially for minors—are not new, but the tone here suggests growing urgency as health concerns become harder to ignore. Wijdan…
Oil prices slip on ceasefire optimism and Iran talks
Oil prices slipped early Friday as hopes grew that tensions in the Middle East might ease. The drop came after a 10-day ceasefire between…
International warnings of potential repercussions from the energy crisis and rising prices
The head of the International Energy Agency, Fatih Birol, has warned that global energy markets could face serious pressure if tensions around the Strait…
The dollar’s value has fallen for the second week in a row.
The US dollar is heading for its second straight weekly decline, as investors turn a bit less cautious. This shift comes after a ceasefire…
“Deleting the Zeros”: What Iraq Actually Said, and What It Means for Your Investment
“Deleting the Zeros” — What It Really Means for Iraq (and Your Money) Few phrases create more hype in the Iraqi dinar world than…
Cooperation Agreement to Support Engineering Sector Development
Iraq’s Building Research Directorate has signed a new cooperation agreement with the Iraqi Engineers Union to boost work across the engineering sector. The deal…
Iraq trade routes gain boost from Saudi’s NEOM-linked corridor
As tensions disrupt traffic in the Strait of Hormuz, Iraq is starting to rely more on alternative trade and energy routes. With one of…
Al-Khafaji: Expected parliamentary action to legislate the Popular Mobilization Forces law
MP Miqdad al-Khafaji said there is growing momentum in parliament to move forward with passing the Popular Mobilization Forces (PMF) law. He explained that…
Ibn Omar Gas Project to Begin Operations by End-April
Iraq is getting ready to launch a major gas project at the Nahr Bin Omar field by the end of April, according to the…
Dollar exchange rates decline in Iraqi markets
The US dollar saw a slight drop in Baghdad markets on Thursday morning as trading began. At the main exchanges, including Al-Kifah and Al-Harithiya,…
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