CBI Opens Bidding for IT Equipment Contract
The Central Bank of Iraq has announced a new public tender to supply computer equipment for the bank. The project is estimated to cost…
Iraqi News & Economy Updates – Page 61
Latest Iraqi News posts
Private Sector Council Reviews Economic Stability Measures
The Private Sector Development Council in Iraq held its second meeting to talk about the latest economic changes and how to keep the country’s…
Dollar prices rise slightly in Baghdad, Erbil and Basra
Currency exchange markets stayed mostly calm on Tuesday, with the US dollar rising slightly against the Iraqi dinar in several major cities across Iraq.…
An economic expert says Iraq has the lowest oil storage capacity among the Gulf countries.
Economic expert Nabil Al-Marsoumi said on Tuesday that Iraq has the smallest oil storage capacity among the Gulf countries. According to him, the country…
Oil prices jump to $118 a barrel following military tensions in the region
Global oil prices jumped sharply on Monday, rising by nearly 30% as military tensions in the Middle East increased and markets reacted to fears…
Gold prices fell globally as the dollar strengthened and inflation fears intensified.
Gold prices dropped in global markets on Monday, falling by about 2% as the US dollar climbed to its highest level in three months.…
The IMF warns of the repercussions of the “Middle East crisis” on global economic growth.
Kristalina Georgieva has warned that the ongoing tensions in the Middle East could create new problems for the global economy. Speaking on Monday, the…
Gulf Power Interconnection with Iraq Nears Launch
The Ministry of Electricity says the Iraq-Gulf electricity connection project is almost ready to start working. The project will first provide about 500 megawatts…
CBI Says Foreign Reserves Cover 12 Months of Imports
The Central Bank of Iraq recently held an emergency meeting to talk about the country’s economic and financial situation. The board gathered to review…
Oil products: Reports of gas being transferred to Kurdistan are false, and distribution continues uninterrupted.
The Oil Products Distribution Company denied on Sunday reports circulating online that cooking gas is being transferred to the Kurdistan Region. In a statement…
A member of parliament calls for ending the security agreement with Washington and closing the US embassy in Baghdad.
Ali Saber al-Kinani said on Sunday that he has submitted a formal request to the Speaker of the Council of Representatives of Iraq to…
Integrity Commission: An employee at the Martyrs Foundation branch in Salah al-Din was caught red-handed accepting a bribe.
The Federal Integrity Commission in Salah al-Din Governorate announced on Sunday the arrest of an employee working at the local branch of the Martyrs…
Parliamentarian: Washington is facing financial strain due to its war on Iran
Abbas Sarout, a former member of the Parliamentary Security and Defense Committee, said Sunday that the United States is facing a major financial and…
Coordination framework: Maliki remains our candidate for prime minister, and talk of his withdrawal is inaccurate.
Baqir al-Saadi, a member of the Coordination Framework, said on Saturday that Nouri al-Maliki is still the coalition’s only candidate for the next prime…
Trump rejects any deal with Iran: After its surrender, an acceptable leader will be chosen (Update)
U.S. President Donald Trump said Friday that there is currently no agreement with Iran, stressing that any deal would require what he described as…
Ports: Container entry 24 hours a day to boost Iraqi markets
The head of the Border Ports Authority, Omar al-Waeli, said Saturday that trade into Iraq will continue smoothly even if any seaport is closed,…
Al-Jubouri calls for exempting solar energy systems from customs duties.
Former Iraqi MP Thaer al-Jubouri is calling on the government to extend customs exemptions for solar energy systems, saying it could help ease Iraq’s…
Bloomberg: Aggression against Iran puts the US economy at risk of recession
The U.S. stock market dropped sharply on Saturday as global oil prices surged, with the ongoing tensions involving Iran adding pressure to the energy…
The Revolutionary Guard announces targeting an oil tanker in the Strait of Hormuz
The Islamic Revolutionary Guard Corps (IRGC) said on Saturday that it carried out a direct attack on an oil tanker in the Strait of…
Central Bank (CBI) Seeks Feedback on Policies and Decisions
The Central Bank of Iraq has started a survey to hear what people think about its policies and decisions. The bank says this is…
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