Iraq tensions ease Monday as Iran-backed militia extends halt
In Baghdad, an Iran-backed armed group said on Monday that it will keep its pause on attacking the US embassy for another five days.
Since...
Dollar trading halts in Baghdad, resumes in Erbil after holiday
Dollar trading halted in Baghdad on Monday as the main markets remained closed for the Eid al-Fitr holiday, while trading resumed in Erbil in...
Iraqi Electricity Ministry announces resumption of Iranian gas flow: Production stabilizes...
The Iraqi Ministry of Electricity announced the resumption of Iranian gas supplies to Iraq, confirming electricity production remains stable at 14,000 megawatts.
Spokesman Ahmed Musa...
Dollar exchange rate against the Iraqi dinar remained stable during the...
The US dollar exchange rate in Baghdad stayed mostly unchanged on Sunday, as official trading was paused for the Eid al-Fitr holiday.
Even with the...
Al-Shammari: Oil exports have completely stopped and the government has failed...
MP Mahmoud al-Shammari warned that Iraq could be heading toward a serious economic crisis as oil exports have come to a complete stop.
He said...
Italy makes “Significant Contribution” to Refugees in Iraq
Italy is increasing its support for refugees in Iraq with a new contribution.
The funding, provided through the Italian Agency for Development Cooperation, will help...
Abdul Hadi: There are no Kurdish indications of a decision regarding...
Coordination Framework member Uday Abdul Hadi says there’s still no progress on choosing a new president.
He explained that Kurdish parties haven’t shown any positive...
Al-Saadi: The development path will secure at least half a million...
Former MP Baqir al-Saadi says the Development Road project could create at least 500,000 jobs as it moves forward.
He explained that the project hasn’t...
USD/IQD trading halts in Baghdad and Erbil for Eid al-Fitr
The US dollar didn’t have an official rate in Iraq on Saturday because markets were closed for Eid al-Fitr.
Even though trading stopped, some exchange...
The war on Iran is causing a global airline stock market...
Airline stocks are taking a big hit right now.
Around the world, airline companies have lost about $53 billion in market value as investors rush...
The US administration is withdrawing the first batch from its strategic...
The United States has started releasing oil from its Strategic Petroleum Reserve (SPR) to ease rising energy prices.
Here’s what’s happening:
The U.S. Department of Energy...
The International Energy Agency recommends working from home to ease pressure...
Iraq is moving ahead with a new project to build facilities for justice-related departments in Mosul, on the west bank of the Tigris River.
The...
Iraqi News
Oil prices surge after Trump dismisses Iran deal
Oil prices moved higher on Monday after U.S. President Donald Trump rejected a peace proposal from Iran aimed at ending the conflict and fully...
Al-Saadawi: The Kurdistan Region receives more than its fair share in the budget.
Former Parliamentary Finance Committee member Abdul Hadi Al-Saadawi said the Kurdistan Region is receiving more than its fair share of the federal budget and...
Investment Licences for 60,000 Residential Plots in Karbala
The Iraqi government has taken another step toward tackling the housing shortage by signing four investment licenses to develop 60,000 residential plots in Karbala.
The...
The budget is on the verge of being presented to parliament… Disputes over allocations...
Iraq's financial situation is becoming more complicated as tensions in the region continue to rise following the conflict involving Iran. The crisis has put...
Basra Oil and Gas Expo concludes with 300 companies from 18 nations
The fourth Basra International Exhibition for Oil, Gas, Energy, and Petrochemicals wrapped up at the Basra International Fairground in Al-Maqal Port, bringing together around...