The dollar is facing difficulties and is close to incurring weekly losses.
The U.S. dollar struggled on Friday, trying to bounce back from sharp losses during the week, as investors closely watched cumulative economic data following…
Iraqi News & Economy Updates – Page 79
Latest Iraqi News posts
The US agrees to sell an advanced communications system to Iraq.
Big news coming from Iraq and the U.S.! The Pentagon announced that the U.S. State Department has approved a potential $100 million sale of…
Genel Energy issues Trading and Ops Update
Genel Energy Reports Strong Q3 Recovery in Kurdistan Output and Progress in Oman Exploration Genel Energy has released its Q3 and nine-month 2025 trading…
Oil prices rose by more than 2% after the Ukrainian attack on Russia.
Global oil prices climbed more than 2% on Friday after a Ukrainian drone attack damaged an oil storage site at the Russian port of…
Nouri calls on the next government to take control of the dollar issue.
Former member of the parliamentary finance committee, Mohammed Nouri, has urged Iraq’s next government to take firm control of the U.S. dollar issue, which…
Iraq participates in the Arab Forum for Public Finance and Budget in Beirut
Iraq’s Finance Minister Joins Arab Forum on Public Finance in Beirut Iraq’s Minister of Finance, Taif Sami Mohammed, took part on Thursday in the…
The new House of Representatives: Date of the first session and mechanisms for its convening
The Dean of the College of Law at the University of Babylon, Professor Miri Kazem, has clarified that Iraq’s newly elected House of Representatives…
International Energy Agency retracts its forecast for the future of oil
The International Energy Agency (IEA) has sharply revised its long-term outlook for global oil consumption, projecting continued growth in demand until at least the…
The Central Bank of Iraq reveals dollar sales figures for the first nine months of this year.
The Central Bank of Iraq (CBI) announced that its hard currency sales topped $60 billion during the first nine months of 2025, marking a…
Iraq’s Central Bank reports decline in deposit growth and rise in credit volume
The Central Bank of Iraq (CBI) reported on Wednesday that deposits across local banks dropped in September 2025, even as overall lending saw a…
KDP claims first place in Iraq elections
The Kurdistan Democratic Party (KDP) says it has taken first place nationwide in Iraq’s 2025 parliamentary elections, citing early numbers showing a strong boost…
US reopening forecast boosts jet fuel surge
SINGAPORE — Oil prices held steady on Wednesday after posting strong gains in the previous session, as markets awaited a U.S. congressional vote that…
Basra Petrochemical Company Announces New Projects
BASRA — The State Company for Petrochemical Industries in Basra, affiliated with Iraq’s Ministry of Industry and Minerals, has unveiled a series of new…
Khalil accuses the government of delaying the submission of budget schedules for electoral purposes.
BAGHDAD — Member of Parliament Mustafa Khalil on Tuesday accused the Iraqi government of intentionally delaying the submission of the budget schedules to the…
Iraq’s currency markets fall silent as election holiday suspends trade
BAGHDAD — Foreign exchange activity across Iraq came to a standstill on Tuesday as most currency offices in Baghdad, Erbil, and other provinces shut…
IIBC Meets SACE to Boost Investment in Iraq
A delegation from the Iraq Italy Business Council (IIBC) met with Mr. Luca Passariello, Head of SACE Connects, at SACE’s headquarters in Rome to…
Italian Firm BTP updates on Development Road Designs
Italy’s BTP Nears Final Design Stage for Iraq’s Development Road Project The Italian consultancy BTP Infrastrutture has completed around 70 to 75 percent of…
Jordan Discusses Renewable Energy Investment Opportunities in Iraq
Jordan and Iraq Explore Solar Energy Partnership to Power Iraqi Homes Jordan’s Minister of Energy and Mineral Resources, Saleh Al-Kharabsheh, chaired a meeting of…
Italian consultant: Iraq’s Development Road project to create 150,000 jobs and connect Basra to Turkey
The Director of the Development Road Project at the Italian consulting firm BTB, Uido Bonini, confirmed on Monday that Iraq’s ambitious Development Road Project…
An economist says approving the 2025 budget after the elections will be difficult due to political disagreements.
Economic expert Bassem Jamil Antoine said on Monday that approving Iraq’s 2025 budget schedules after the elections will be difficult because of ongoing political…
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