Dollar exchange rates rise in local markets

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The U.S. dollar saw a slight rise Thursday in Baghdad as trading opened. In the main exchanges, Al-Kifah and Al-Harithiya, the rate reached 153,900 dinars...

Mosul Dam releases remain stable at 2000 m³/s for the third...

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Economic expert Faleh al-Zubaidi said continued U.S. pressure policies toward Iran are also creating economic strain for Washington, especially through rising costs tied to...

Expert: The naval blockade on Iran is draining the US treasury.

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US treasury Economic expert Faleh al-Zubaidi said continued U.S. pressure policies toward Iran are also creating economic strain for Washington, especially through rising costs tied...

An economist says it’s likely that a spending law and a...

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Economic expert Dr. Safwan Qusay says Iraq may be better off passing a special spending law for the rest of this year rather than...

Oil maintains its gains as geopolitical tensions persist.

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Oil prices stayed relatively stable Wednesday as markets continued to weigh supply concerns and geopolitical tensions. Brent crude traded around $100 per barrel, while West...

Iraq launches first phase of flared gas recovery at Bon Umar...

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Iraq’s Ministry of Oil has launched the first phase of the Accelerated Project at Bin Umar field, a step aimed at increasing gas recovery...

Beyond Hormuz: Iraq’s ‘Development Road’ in Focus

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Disruptions around the Strait of Hormuz are renewing focus on one big question: can Iraq’s Development Road become a real alternative trade and energy...

Iraq’s January 2026 revenues exceed $6.1B

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Iraq’s federal budget revenues rose above 8 trillion dinars in January 2026, showing growth compared with the same month last year. According to Finance Ministry...

Al-Moussawi calls on the incoming government to review the security agreement...

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MP Hamid al-Moussawi called on the prime minister-designate to take steps he says would strengthen Iraq’s sovereignty, including expanding international agreements and partnerships. Al-Moussawi said...

Al-Saadi calls for the adoption of economic systems to alleviate pressure...

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Former MP Baqir al-Saadi is calling for wider use of what he described as “economic systems,” saying they could reduce pressure on Iraq’s electricity...

A slight decrease in dollar exchange rates in Baghdad and Erbil...

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The U.S. dollar posted a slight decline Tuesday in Baghdad and Kurdistan markets as trading opened. In Baghdad’s Al-Kifah and Al-Harithiya exchanges, the rate slipped...

Basra oil exceeds $123 per barrel

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Prices for Basra Medium and Basra Heavy crude moved higher Tuesday, posting strong gains and outperforming several regional benchmarks. Basra Medium rose to $123.18 per...

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Iraqi News

Gold is falling and heading for a weekly loss as the dollar strengthens and interest rates remain high.

Gold is falling and heading for a weekly loss as the dollar strengthens and...

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Gold prices declined on Friday and are on track for a weekly loss as the U.S. dollar strengthened and expectations grew that the Federal...
Oil prices fell as markets awaited developments in negotiations between Washington and Tehran amid escalating regional tensions.

Oil prices fell as markets awaited developments in negotiations between Washington and Tehran amid...

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Oil prices edged lower on Friday as traders monitored ongoing discussions between the United States and Iran, while continued military tensions in the Middle...

Al-Bayati rejects the privatization of electricity in Baquba… 3 reasons that determine his stance

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MP Mohammed Qutaiba al-Bayati has expressed his opposition to the proposed electricity privatization project in residential areas west of Baquba, citing concerns about its...
Iraqi PM calls on US firms to seize investment opportunities

Iraqi PM calls on US firms to seize investment opportunities

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Prime Minister Ali al-Zaidi has invited American companies to expand their investments in Iraq, highlighting opportunities in petrochemicals, glass manufacturing, phosphate production, gas projects,...
Iraq imports first gasoline batch through Syria

Iraq imports first gasoline batch through Syria

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Iraq has started importing its first gasoline shipments through Syria as part of efforts to address the fuel shortage affecting Baghdad and several other...