Oil prices fall due to expectations of a global supply glut

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Oil prices slipped on Tuesday as traders waited to see if Venezuela might bring more oil back onto the global market. The possibility of...

Over $100bn in Investments in Iraq Over Three Years

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Iraq has secured more than $102 billion in investments over the past three years, showing that confidence in the country is clearly growing, according...

Dollar seen surpassing 150K Dinars as Kurdistan oil proposal emerges

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The US dollar could soon rise to 150,000 Iraqi dinars for every $100, according to Jabbar Koran, the spokesperson for the Al-Sulaimaniyah currency exchange...

A legal expert explains: Is the Iraqi UN official subject to...

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Legal expert and consultant Salem Hawas said that Iraq’s law criminalizing normalization with the Zionist entity — Law No. 1 of 2022 — is...

Saleh’s appearance: The fluctuations in the parallel market are temporary and...

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The Prime Minister’s economic advisor, Mazhar Muhammad Saleh, said on Monday that changes in global oil prices are not directly linked to fluctuations in...

OPEC+ Maintains Oil Production Policy for Early 2026

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Iraq took part by video link in a meeting of OPEC+ countries to review the global oil market and production outlook. After the discussion,...

Rafidain Bank settles 8.95 trillion IQD for government accounts in 2025...

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Rafidain Bank announced on Sunday that it successfully settled more than 8.95 trillion Iraqi dinars for government department accounts through electronic systems during 2025. The...

Parliament begins amending the law on compensation for victims of terrorism...

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Inside Parliament, there are serious efforts underway to bring back an important amendment to the Law on Compensation for Victims of Military Operations, Military...

NewsElectricity Ministry denies reducing power supply by “one hour” per day...

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The Ministry of Electricity has denied claims circulating on social media that Iraq will only receive one hour of electricity per day. In a statement,...

Iraq rises to second-largest crude oil exporter to the U.S. last...

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The U.S. Energy Information Administration (EIA) announced on Sunday, January 4, 2026, that Iraq ranked as the second-largest exporter of crude oil to the...

The coordinating framework hints at deciding on the prime minister candidate...

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On Sunday, Abdul Samad al-Zarkoushi, a member of the Coordination Framework, confirmed that the Framework’s political forces will hold an important meeting after next...

Baghdad Metro Project Under Review

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The Baghdad Metro project is still under review after officials examined the latest proposals and found they do not meet the requirements needed to...

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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...