Digital IQD Proposal targets $7-12bn Economic Gains

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Cylinder Seal presents a very ambitious idea: use a digital Iraqi dinar not just as a payment tool, but as an engine to push...

Basrah crudes lead regional oil benchmarks

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Iraq’s Basrah crude prices slipped slightly on Thursday, with both Basrah Heavy and Basrah Medium down about 0.5%.Basrah Heavy fell 56 cents to $111.94...

Al-Tamimi: Freezing Iraqi funds in New York violates sovereignty and contravenes...

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Legal expert Ali al-Tamimi said reports about the US withholding Iraqi funds raise serious concerns about financial sovereignty and legal agreements governing those funds.He...

30 MPs in the Sudanese bloc threaten to withdraw if Al-Awadi...

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An informed source says tensions are rising inside Iraq’s Reconstruction and Development bloc over the choice of the next prime minister.According to the source,...

Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars...

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Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...

Iraqi oil prices fall by 2%… Basra crude records $112

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Iraqi oil prices moved lower on Wednesday, falling more than 2% as global energy markets weakened.Basra Heavy crude dropped $1.13 to $112.50 per barrel,...

Al-Kadhimi: Halting dollar shipments is American blackmail that infringes on Iraq’s...

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Former parliamentary finance committee member Mu'in al-Kadhimi criticized reports that the US halted dollar shipments to Iraq, calling the move “political blackmail” and interference...

1.6m bpd Kirkuk Export Pipeline Set for Relaunch

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Iraq’s Ministry of Oil says exports through the Kirkuk-Fishkhabour-Turkey pipeline could resume soon, starting with limited volumes.The pipeline has a capacity of 1.6 million...

DNO issues Update on Production

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Norwegian energy company DNO has given an update on its operations in Iraq’s Kurdistan region, saying it is preparing to ramp production back up...

Al-Jalabi: No new candidate will be nominated for prime minister without...

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A member of Iraq’s Coordination Framework, Zuhair al-Jalabi, has clarified the current situation around choosing the next prime minister.He said that Nouri al-Maliki is...

In pictures: Temporary opening of Iraq’s longest bridge

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Iraq’s Ministry of Construction and Housing has announced the temporary opening of the Hamrin Lake Bridge in Diyala to traffic.The move is meant to...

USD/IQD exchange rates climb in Baghdad and Erbil

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The US dollar opened higher in Iraq on Tuesday, rising in early trading across key markets.In Baghdad, rates at the main exchanges, including Al-Kifah...

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Iraqi News

A legal expert explains the feasibility of moving towards a new salary scale for employees.

A legal expert explains the feasibility of moving towards a new salary scale for...

Legal expert Ali al-Tamimi explained the main legal and financial challenges facing the proposed new salary scale for Iraqi employees, saying the issue is...
Al Shabaki We collected parliamentary signatures within the parliament to legislate the Popular Mobilization Forces law.

Al-Shabaki: We collected parliamentary signatures within the parliament to legislate the Popular Mobilization Forces...

Iraqi MP Qusay al-Shabaki said signatures have been collected inside Parliament to move forward with introducing and approving the Popular Mobilization Forces (PMF) service...
State of law Oil and financial disputes may be postponed until after the vote on the cabinet.

State of law: Oil and financial disputes may be postponed until after the vote...

Imran Karkoush revealed on Tuesday that major disagreements still exist among Iraq’s political blocs over the distribution of ministerial positions in the upcoming government.Speaking...
A member of parliament is demanding that the next government cancel the security agreement with Washington.

A member of parliament is demanding that the next government cancel the security agreement...

Iraqi MP Abbas Hayal called on the next Iraqi government to cancel the security agreement with the United States, saying the deal has become...
First Licence for Foreign Securities and Commodities Trading in Iraq

First Licence for Foreign Securities and Commodities Trading in Iraq

The Iraq Securities Commission has approved Baghdad-based Al-Arqam Brokerage to operate in foreign securities and commodities markets, making it the first Iraqi company to...