Iraqi Cabinet to Consider Settlement with Lukoil
The Iraqi authorities has reviewed a proposed agreement with Lukoil following its withdrawal from the West Qurna 2 subject. The discussions passed off in…
Iraqi News & Economy Updates – Page 55
Latest Iraqi News posts
Bangladesh takes sweeping austerity measures to address energy crisis
Bangladesh is taking strict steps to deal with a growing energy crisis, as pressure builds on its power supply and economy. Starting Friday, the…
Al-Halbousi’s party: The upcoming parliamentary session is a pivotal moment for resolving constitutional entitlements
The Progress Party says the next session of parliament could be a turning point for Iraq’s political situation. Party member Ali Najdiya explained that…
Oil hovers near $110 amid US escalation of the war and concerns about energy supplies
Oil prices are climbing fast again, and the reason is clear—rising tensions between the U.S. and Iran. Right now, prices are hovering close to…
GKP outlines Payments to Govts for 2025
Here’s a simpler, clear breakdown of what Gulf Keystone Petroleum reported for 2025: Gulf Keystone published a report showing how much it paid to…
Economist: Iraq urgently needs to form a government and approve the 2026 budget to secure salaries.
Nabil Al-Marsoumi is warning that Iraq is running out of time to fix its financial situation—and that forming a strong government is now urgent.…
Iraq considers partial reopening of airspace
Iraq may soon start reopening its airspace—but only partially, and very carefully. The Ministry of Transport says the government is now reviewing plans to…
Abdullah: A political move to resolve the issue of the presidencies in order to spare Iraq a potential economic collapse.
Naseem Abdullah says there is a serious push right now among Iraq’s political groups to finally settle key issues—especially choosing a Prime Minister and…
Basra crude oil prices fall by more than $10
Oil prices from Iraq sent mixed signals on Thursday. While global oil prices were going up, Iraq’s own crude—Basra Heavy and Basra Medium—actually dropped…
Strait of Hormuz closure stifles Iraqi e-commerce
The closure of the Strait of Hormuz is starting to hit everyday life in Iraq in a very real way—especially online shopping. Deliveries are…
An economy on the brink of collapse: The role of the parallel market in draining Iraqi dollars
Right now, Iraq’s economy is under real pressure, especially when it comes to keeping its currency stable. A big reason for this is what’s…
Diyala Provincial Council announces the resumption of electricity production from the Hamrin Dam for the first time in 5 years
Electricity production has finally resumed at Hamrin Dam, marking a major development for the region after years of توقف. According to Raad al-Tamimi, the…
Al-Rafidain: We continue working during the official holiday to ensure the disbursement of employee salaries.
Rafidain Bank has announced that it will continue official working hours on Wednesday and Thursday to complete the payment of employee salaries. The bank…
A parliamentary proposal to amend the official holidays law concerns the education sector.
Iraqi MP Zahraa Luqman has proposed changes to the country’s holiday law—specifically to protect the school system from too many disruptions. Her proposal aims…
Al-Rasheed Bank directs its branches to remain open to ensure the disbursement of salaries.
Al-Rasheed Bank has instructed all of its branches to stay open this week to make sure government employees receive their salaries without delays. The…
Oil Tanker Flows Resume Between Iraq and Syria
The Al-Waleed border crossing has reopened on a trial basis, allowing crude oil tankers to move again between Iraq and Syria. Local officials say…
MP: Halting oil exports is a “red line,” and Parliament is about to host the relevant authorities.
An Iraqi lawmaker, Hamid al-Moussawi, has raised a serious warning about what could happen if Iraq’s oil exports stop because of the ongoing war…
Iraq dollar rates today: exchange prices hit in Baghdad
The exchange rate between the US Dollar and the Iraqi Dinar is still unstable in local markets this Tuesday. Even though the Central Bank…
Maritime Traffic Continues at Iraqi Ports
The Iraqi Ministry of Transport said that cargo ships continued to arrive at Iraqi ports throughout March, showing that trade is still moving despite…
Iraq Warns Against Unlicensed Investment Firms
The Iraqi Securities Commission has warned people again about scams involving fake investment companies. According to the commission, some unlicensed groups are pretending to…
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