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Deputy: Investing gas emissions in Basra fields will save $4 billion

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The Parliamentary Oil Committee member Representative Durgham al-Maliki said on Thursday that the Iraqi treasury will save an estimated four billion dollars a year...

Goldilocks’ Comments and Global Economic News Late Wednesday Evening 1-31-24

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Goldilocks' Comments and Global Economic News Late Wednesday Evening 1-31-24 Good Evening , Saudi Arabia Officially Becomes a BRICS MemberDuring its 2023 annual summit, it announced...

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Iraqi News

MP: Parliament's failure to elect a president is repeating the 2018 scenario

MP: Parliament’s failure to elect a president is repeating the 2018 scenario

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MP Ahmed Shaheed of the “Good News, Iraq” parliamentary bloc on Thursday voiced strong dissatisfaction with Parliament’s failure to elect a president, confirming that...
Liquidity shortfall freezes lending at Iraq’s state banks

Liquidity shortfall freezes lending at Iraq’s state banks

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Government lending programs remained suspended on Thursday as Iraq’s state-owned banks — particularly Rafidain Bank and Rasheed Bank — continued to halt advances and...
Germany Assists with Roadmap for Iraq's Economic Transformation

Germany Assists with Roadmap for Iraq’s Economic Transformation

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Iraq’s Ministry of Planning held a steering committee meeting for the Supporting Economic Transformation (SET) project, in cooperation with the German Agency for International...
Oil nears $70 a barrel

Oil nears $70 a barrel

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Press sources reported on Thursday that oil prices climbed to nearly $70 per barrel, following heightened geopolitical tensions. According to the sources, the increase came...
Iraq’s $567 monthly wage trails living costs nearly threefold

Iraq’s $567 monthly wage trails living costs nearly threefold

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Iraq recorded an average monthly wage of $567 over the past year, ranking ninth among Arab countries, according to data from the global database...