Oil records its biggest annual loss since 2020
Oil prices just closed out 2025 with their worst yearly drop since 2020, and the story is pretty clear: there’s too much oil and…
Iraqi News & Economy Updates – Page 67
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The Ministry of Labor launches student grants and social assistance payments.
The Ministry of Labor and Social Affairs announced on Wednesday the launch of the student grant for October and the early release of social…
Al-Karawi determines the fate of the 2025 budget and links it to the completion of the government formation.
MP Mudhar Al-Karawi said on that the fate of Iraq’s 2025 federal budget depends on the completion of the political process and the formation…
The Ministry of Finance has completed funding for December salaries and is calling on those who are late to collect them.
The Accounting Department at Iraq’s Ministry of Finance announced on Wednesday that it has completed all procedures required to fund the salaries of state…
Imports drive Iraq-Kuwait trade jump of 116%
Iraq’s trade with Kuwait jumped sharply in 2024, rising by nearly 116% compared to 2023, according to Trade Minister Atheer Dawood Al-Ghariri. The minister…
Oil prices record historic third straight annual loss
Oil prices didn’t move much on Wednesday, but 2025 is ending as a rough year for the market. Overall, oil prices are down more…
The Ministry of Labor announces the imminent launch of the unified social registry.
The Ministry of Labor and Social Affairs is getting ready to officially launch the Unified Social Registry, a major step aimed at making social…
Iraq Imposes Additional Duty on Imported Oxygen
Iraq’s Council of Ministers has approved new steps to strengthen the local pharmaceutical industry and protect domestic production. As part of the decision, the…
The director of the Martyrs Foundation in Muthanna was sentenced to ten years in prison.
The Muthanna Criminal Court has sentenced the director of the Martyrs Foundation in Muthanna Governorate to ten years in prison. According to the judiciary’s…
Preparations begin for Atomic Energy Conference in Baghdad
Work has officially started in Baghdad to prepare for the 17th Arab Conference on the Peaceful Uses of Atomic Energy, which Iraq will host…
8 Things the IMF Said About Iraq and the Dinar in 2025
Throughout 2025, the International Monetary Fund kept a close eye on Iraq’s economy and made several important moves that could shape the future of…
Oil prices register a slight decrease
Oil prices slipped slightly early Tuesday after jumping more than 2% in the previous session, as global markets reacted to rising tensions between Russia…
Al-Kadhimi: Funding will not be cut off for ongoing projects, and disbursement will be based on completion.
Former member of the Parliamentary Finance Committee, Mu'in al-Kadhim, said that project funding in Iraq is still moving forward, even though there is no…
The Ministry of Transport announces significant progress in the development road designs.
The Ministry of Transport says work is moving quickly on the detailed designs for Iraq’s major Development Road project. This project is a key…
Middle East tensions push oil prices higher
Oil prices went up in global markets on Monday as worries grew over rising tensions in the Middle East. These tensions have raised fears…
MP: Political disagreements are behind the postponement of many laws
Former member of the Parliamentary Legal Committee, Mohammed Anouz, said that many important laws were delayed and pushed to the sixth parliamentary session because…
Government official: 40 amps of electricity for 15,000 dinars per month
The government’s media team has shared some big news for people living on the outskirts of Baghdad and in the provinces. Citizens will soon…
Al-Maliki: The framework has the loudest voice in parliament, and the blocs must nominate competent individuals for positions.
Independent politician Abbas al-Maliki said the Coordination Framework currently has the strongest influence inside Parliament because it holds the largest number of seats, giving…
Direct Ro-Ro Shipping launched between Dubai, Umm Qasr
Iraq has officially launched a new direct sea shipping route that connects Port Rashid in the UAE with Umm Qasr Port, and it’s already…
10 Things the CBI Said About the Iraqi Dinar in 2025
10 Things the Central Bank of Iraq Said About the Iraqi Dinar in 2025 In 2025, the Central Bank of Iraq spoke many times…
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