Gold nears one-week low as the world awaits US inflation data.
Gold prices remained near a one-week low on Friday as investors focused on the possibility of higher U.S. interest rates and awaited the release...
Oil surpasses $100 a barrel amid escalating supply disruption concerns
Oil prices continued to rise on Friday and are on track to finish the week above $100 per barrel for the first time since...
Iraq and Kyrgyzstan seek land transport agreement
Iraq and Kyrgyzstan are moving forward with plans to strengthen transportation and trade cooperation, with Kyrgyzstan preparing a draft agreement covering both freight and...
The oil and gas law: delayed legislation continues to hinder the...
Iraq’s long-delayed oil and gas law remains one of the country’s most important unresolved legislative issues, despite years of discussions and repeated attempts to...
The dollar is declining in Baghdad and Erbil… 156,000 dinars per...
The exchange rate of the US dollar declined in Baghdad and Erbil markets on Thursday morning, continuing the daily fluctuations seen in Iraq's currency...
Iraq-EU Trade and Investment Talks
Iraq's Ministry of Trade took part in a preparatory meeting organized by the Ministry of Foreign Affairs to discuss expanding trade and investment cooperation...
Why hasn’t an oil and gas law been enacted? A former...
MP and former minister Zuhair al-Jalabi has explained why Iraq's long-awaited oil and gas law has still not been passed, despite nearly 20 years...
Al-Fatlawi: The next ten days will witness the passage of the...
Ali al-Fatlawi, a member of the Reconstruction and Development Coalition, said he expects the Popular Mobilization Forces (PMF) law to be approved by Parliament...
Oil prices surge again… Basra crude surpasses $92.
Basra crude oil prices recorded strong gains in global markets on Thursday, supported by a broader rise in international energy prices.
According to market data,...
The dollar is trading at 156,500 dinars in Baghdad.
The U.S. dollar strengthened against the Iraqi dinar in local markets on Wednesday, with exchange rates rising in Baghdad, Erbil and Basra.
In Baghdad, the...
In 4 months, 5 security operations dismantle dangerous currency counterfeiting networks
Iraq’s Parliamentary Security and Defense Committee announced on Wednesday that security forces have dealt major blows to currency counterfeiting networks operating across the country.
According...
Iraq Oil Conf Opens; Focus on Exports, Refining and Gas
Iraq’s fourth international oil, gas and licensing rounds conference has opened in Baghdad, with the Ministry of Oil highlighting major achievements in exports, refining...
Iraqi News
New Wave Offshore Energy Wins Contract for AGUP Phase 2
Sinopec has awarded a Marine Warranty Survey contract to New Wave Offshore Energy for work related to Phase 2 of the Associated Gas Upstream...
Private Banks League discusses Banking Reform with Parliament
Iraq's Parliamentary Finance Committee recently held a workshop with the Iraqi Private Banks League (IPBL) to discuss the current condition of the country's banking...
The Ministry of Finance begins funding employee salaries for the month of September.
The Iraqi Ministry of Finance announced on Wednesday that it has officially started funding employee salaries for September.
According to a brief statement from the...
Gas Investment Plans Reviewed for Nahr Bin Umar Field
Iraq is moving ahead with plans to develop associated gas at the Nahr Bin Umar oil field in Basra province. The project was discussed...
CBI Rebuffs Speculation Over Foreign Currency Reserves
The Central Bank of Iraq (CBI) has confirmed that its foreign currency reserves remain strong and are fully capable of meeting the country's demand...