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...
The budget is knocking on parliament’s doors…threatened revenues and regional tensions...
Iraq’s federal budget is still expected to be sent to Parliament in October, but many Iraqis remain concerned as regional tensions continue to grow...
Iraq-Korea Business Council Talks on Economic and Trade Ties
Iraq’s Ministry of Trade has held discussions with the Iraq-Korea Business Council as both sides look to strengthen economic and trade ties and support...
The dollar is declining in Baghdad and Erbil.
The exchange rate of the U.S. dollar recorded a slight decline on Tuesday morning in both Baghdad and Erbil, reflecting modest movement in Iraq’s...
National Union: The law for the redress of forcibly displaced persons...
A member of Iraq’s parliament has called on the federal government to implement long-delayed compensation measures for citizens who were forcibly displaced by the...
CBI Revokes Licences of Three Forex Companies
The Central Bank of Iraq (CBI) has revoked the licences of three exchange companies—Al-Aswar, Al-Qattaf and Al-Anamel—after determining that they had falsified cash-sale records...
CBI Promises Currency Exchange Program, New Lending Initiatives
The Central Bank of Iraq (CBI) is continuing its banking sector reform programme in coordination with consulting firm Oliver Wyman, with officials expecting further...
The 2027 budget faces difficult scenarios… An expert outlines spending and...
Economic expert Dr. Safwan Qusay said Iraq may adopt an alternative financial approach for 2026 if regional tensions and instability linked to the ongoing...
Infrastructure Financing Talks with Asian Development Bank
Iraq’s Ministry of Finance has held discussions with a delegation from the Asian Infrastructure Investment Bank (AIIB) regarding potential financing for major infrastructure projects...
Belarus-Iraq Meetings Cover Energy, Pharma and Trade
Belarusian Ambassador to Iraq Anatoly Glaz visited Baghdad from Sept. 1 to 3 for a series of high-level meetings aimed at strengthening bilateral relations...
Oil expert: Southern refineries produce 5 million liters of improved gasoline...
Oil and gas expert Assem Jihad confirmed that a Japanese company has resumed operations at Iraq’s southern refineries and is continuing work on a...
Gold falls to $4,405 an ounce in Monday’s trading
Gold prices declined modestly on Monday as investors adopted a cautious stance ahead of a series of important economic reports expected later this week...
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...