The Badr Bloc calls for a review of the “security agreement”...
The spokesperson for the Badr parliamentary bloc, Hamid al-Moussawi, called on Tuesday for a full and immediate review of the security agreement signed with...
CBI Opens Bidding for IT Equipment Contract
The Central Bank of Iraq has announced a new public tender to supply computer equipment for the bank.
The project is estimated to cost about...
Private Sector Council Reviews Economic Stability Measures
The Private Sector Development Council in Iraq held its second meeting to talk about the latest economic changes and how to keep the country’s...
Dollar prices rise slightly in Baghdad, Erbil and Basra
Currency exchange markets stayed mostly calm on Tuesday, with the US dollar rising slightly against the Iraqi dinar in several major cities across Iraq.
In...
An economic expert says Iraq has the lowest oil storage capacity...
Economic expert Nabil Al-Marsoumi said on Tuesday that Iraq has the smallest oil storage capacity among the Gulf countries. According to him, the country...
Oil prices jump to $118 a barrel following military tensions in...
Global oil prices jumped sharply on Monday, rising by nearly 30% as military tensions in the Middle East increased and markets reacted to fears...
Gold prices fell globally as the dollar strengthened and inflation fears...
Gold prices dropped in global markets on Monday, falling by about 2% as the US dollar climbed to its highest level in three months.
Reports...
The IMF warns of the repercussions of the “Middle East crisis”...
Kristalina Georgieva has warned that the ongoing tensions in the Middle East could create new problems for the global economy.
Speaking on Monday, the head...
Gulf Power Interconnection with Iraq Nears Launch
The Ministry of Electricity says the Iraq-Gulf electricity connection project is almost ready to start working. The project will first provide about 500 megawatts...
CBI Says Foreign Reserves Cover 12 Months of Imports
The Central Bank of Iraq recently held an emergency meeting to talk about the country’s economic and financial situation. The board gathered to review...
Oil products: Reports of gas being transferred to Kurdistan are false,...
The Oil Products Distribution Company denied on Sunday reports circulating online that cooking gas is being transferred to the Kurdistan Region.
In a statement received...
A member of parliament calls for ending the security agreement with...
Ali Saber al-Kinani said on Sunday that he has submitted a formal request to the Speaker of the Council of Representatives of Iraq to...
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...