OPEC+ Maintains Oil Production Policy for Early 2026
Iraq took part by video link in a meeting of OPEC+ countries to review the global oil market and production outlook. After the discussion,...
An economist says Iraq’s reserves are capable of supporting the dinar...
Economic expert Safwan Qusay has warned about the risks of weakening the Iraqi dinar against the US dollar as tensions and conflict continue across...
Iraqi government: Internal and external debts within safe limits
The top Minister’s guide for financial affairs, Mazhar Mohammed Salih, showed on Monday that Iraqi money owed represent handiest 35% of the gross home...
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...
A new maneuver for the region regarding the salaries of its...
A previous representative of STX Marine Help was prosecuted last Thursday for supposedly releasing key innovations and data about the organization's Iraqi power plant...
Experts warn of the risks of lifting the Federal Reserve’s protection...
Economic experts have warned against canceling Iraq’s account at the U.S. Federal Reserve and lifting the current protection on the country’s oil revenues without...
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,...
CBI mandates new rules for trade transparency
Iraq’s Central Bank (CBI) has issued new instructions for all licensed banks to follow stricter rules on commercial invoices. The goal is simple: make...
Economist on the decline in dollar prices: My time and it...
Financial analyst Nabil Jabbar Al-Ali precluded, today, Thursday, that the dollar swapping scale against the dinar would arrive at its true rate set by...
An economist explains the extent to which cash liquidity can be...
Economic expert Dr. Safwan Qusay has outlined a proposal aimed at reducing the large amount of cash held outside Iraq’s banking system and encouraging...
JD.com partners with Iraq’s GINI to expand e-commerce offerings
China's e-commerce giant JD.com is teaming up with GINI, an Iraqi digital commerce platform, to bring more Chinese products to Iraqi shoppers. It's the...
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...
Iraqi News
Gas Processing Unit Opens at East Baghdad South Field
Iraq has officially opened a new gas processing unit at the East Baghdad oil field with a production capacity of 30 million standard cubic...
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...