With a discount of $28 per barrel, Iraq’s oil exports reach...

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Oil expert Hamza Al-Jawahiri said on Wednesday that Iraq's crude oil exports have stabilized at around 3 million barrels per day, while some sales...

Gold and precious metals continue to suffer monthly losses in global...

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Precious metals moved lower on Wednesday and remained on track to post losses for September as investors watched upcoming US inflation data and continued...

USD/IQD edges up across Baghdad and Erbil

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The US dollar started trading higher in Iraq on Wednesday, staying near the 157,000-dinar level per 100 dollars. According to a survey of local markets,...

Iraq in Talks with Huawei on Smart Port Technology

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Iraq's Ministry of Transport has discussed the possible adoption of smart port technologies and advanced digital logistics solutions during meetings with Huawei and Uruk...

A sudden surge in releases from the Mosul Dam… Tigris River...

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Informed sources confirmed on Monday that water releases from the Mosul Dam into the Tigris River have been increased from 550 cubic meters per...

Gold and precious metal prices are stable and declining in global...

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Gold prices were largely stable in global spot trading on Tuesday, remaining close to their lowest level in more than seven weeks. Spot gold was...

Oil prices continue to rise in global trading.

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Oil prices continued to move higher in global trading on Tuesday, marking a second straight day of gains as markets reacted to changes in...

Swiss Firm in Talks with Iraq on Electrical Equipment Plant

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A Swiss company, Main Power Engineering, has held talks with Iraq's National Investment Commission (NIC) about building an integrated industrial complex to manufacture advanced...

Oil prices surge after Trump dismisses Iran deal

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Oil prices moved higher on Monday after U.S. President Donald Trump rejected a peace proposal from Iran aimed at ending the conflict and fully...

Al-Saadawi: The Kurdistan Region receives more than its fair share in...

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Former Parliamentary Finance Committee member Abdul Hadi Al-Saadawi said the Kurdistan Region is receiving more than its fair share of the federal budget and...

Investment Licences for 60,000 Residential Plots in Karbala

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The Iraqi government has taken another step toward tackling the housing shortage by signing four investment licenses to develop 60,000 residential plots in Karbala. The...

The budget is on the verge of being presented to parliament…...

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Iraq's financial situation is becoming more complicated as tensions in the region continue to rise following the conflict involving Iran. The crisis has put...

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Iraqi News

IMF warns of severe economic risks across Middle East

IMF warns of severe economic risks across Middle East

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The International Monetary Fund has warned that a prolonged Middle East war and further disruptions to energy production, shipping routes and critical infrastructure pose...
Al-Fariji: Raising the value of the dollar against the dinar does not represent financial reform.

Al-Fariji: Raising the value of the dollar against the dinar does not represent financial...

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Crisis expert Ali al-Fariji has criticized the Iraqi government's decision to raise the dollar's value against the dinar, saying the move alone does not...
IMF Forecasts Bigger Contraction for Iraqi Economy

IMF Forecasts Bigger Contraction for Iraqi Economy

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The International Monetary Fund (IMF) has revised its economic forecasts to account for the ongoing conflict in the Middle East, warning that several energy-producing...
Najaf Solar Plant Capacity Could Double

Najaf Solar Plant Capacity Could Double

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Iraq is reviewing plans for a solar power station in Najaf province, with discussions under way about increasing the project's capacity from 1,000 megawatts...
Iraqi oil continues its upward trend, with Brent crude surpassing $106 per barrel.

Iraqi oil continues its upward trend, with Brent crude surpassing $106 per barrel.

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Iraqi oil prices rose on Wednesday as crude prices also increased in global markets. Gains were recorded across all major grades, including Basra Heavy,...