Despite the war, total Iranian gas supplies to Iraq have increased.

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The Iraqi Ministry of Electricity said that gas supplies coming from Iran increased significantly over the past week. According to ministry spokesman Ahmed Moussa, the...

Unveiling an “emergency plan” to secure salaries

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Iraq’s Prime Minister’s financial advisor, Mazhar Muhammad Salih, said on Sunday that the government has a plan to control public spending and make sure...

World Bank Sanctions Turkish Firm Over Corruption in Iraq

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The World Bank has taken action against the Turkish company Aktif Elektroteknik San ve Tic A.S. after finding it involved in corrupt and fraudulent...

EIA: Iraq’s oil exports to US rank third over week

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Iraq’s oil exports to the United States went up last week, reaching 309,000 barrels per day, according to new data from the U.S. Energy...

Dollar steady in Baghdad, rises in Erbil

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The US dollar started trading on Sunday in Iraq at a steady rate, staying close to 154,000 dinars for every 100 dollars. According to a...

Despite the closure of the Strait of Hormuz, an economic expert...

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Economic expert Abdul Rahman Al-Mashhadani said that Iraq’s Central Bank can support the country’s economy for a whole year without causing the price of...

US dollar drops in Baghdad and Erbil markets

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The U.S. dollar opened slightly lower in Iraq on Saturday, trading at around 154,000 Iraqi dinars for every 100 dollars. According to a market survey,...

Basra crude oil records a historic 30% jump

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Oil prices for Basra crude jumped sharply this week, with both heavy and medium grades posting record gains of more than 30% as tensions...

Directorate Change at Genel Energy

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Genel Energy announced that Sir Dominick Chilcott plans to retire from the company’s Board at the Annual General Meeting in May 2026. Sir Dominick has...

With a value of one billion dinars, Al-Rafidain Bank launches the...

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Rafidain Bank has started paying out the 60th round of funding under its Leadership and Excellence Initiative, a program designed to help small and...

Under a new pretext, Trump claims Iran seeks to control the...

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Donald Trump, the President of the United States, said on Friday that Iran had plans to dominate the Middle East, but claimed the U.S....

Maliki sets conditions for withdrawing his candidacy for prime minister, while...

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A political source from the Coordination Framework said on Thursday that Nouri al-Maliki, leader of the State of Law Coalition, has set conditions if...

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Iraqi News

Oil prices surge after Trump dismisses Iran deal

Oil prices surge after Trump dismisses Iran deal

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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.

Al-Saadawi: The Kurdistan Region receives more than its fair share in the budget.

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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

Investment Licences for 60,000 Residential Plots in Karbala

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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 bring the Kurdistan issue back to the forefront.

The budget is on the verge of being presented to parliament… Disputes over allocations...

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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

Basra Oil and Gas Expo concludes with 300 companies from 18 nations

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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...