Economy News September 6, 2023 Economy News Global Collapse Imminent Global Collapse Imminent The Final Wake Up Call By Peter B Meyer A Self-Created Problem In Search For A Solution The world economy is not brought to its knees,… Read Full Article
Economy News August 29, 2023 Economic News Key BRICS Member Admits The Dollar Will Remain Dominant Despite Oil Deals In Rupees And Yuan Key BRICS Member Admits The Dollar Will Remain Dominant Despite Oil Deals In Rupees And Yuan Filip De Mott Mon, August 28, 2023 Indian Oil and Gas Minister Hardeep Si… Read Full Article
Economy News July 2, 2023 Iraq achieves more than $7 billion in financial revenue from oil sales during June The Ministry of Oil announced, on Saturday, the total exports and revenues achieved from crude sales for the month of June, according to the preliminary statistics issued by the n… Read Full Article
Economy News June 18, 2023 Iraq receives ‘very many, billions of dollars’ requests to invest some factories The Federation of Iraqi Industries revealed on Sunday the submission of an integrated study by Prime Minister Mohammed Shia Al-Sudani on the restart of closed factories. “An int… Read Full Article
Economy News June 15, 2023 Al-Nusairi: Exchange rate fluctuation in parallel market ‘temporary’ and will fall soon The advisor to the Association of Iraqi Private Banks, Samir Al-Nusiri, confirmed that the current rise in the dollar exchange rate in the parallel market is “temporary” due to sp… Read Full Article
Economy News June 2, 2023 International report: Iraq’s 2023 budget ushers in a new era of development that the country has not seen in 50 years Iraq’s 2023 budget contains provisions for the largest projects in five decades, with the country aiming to benefit from increased oil export revenues, Construction Week repor… Read Full Article
Economy News April 26, 2023 The first bank in Iraq whose market value exceeds 500 billion dinars The market value of the Bank of Baghdad exceeded half a trillion dinars, after its share rose during the past two days. It is considered the first Iraqi bank to exceed this value, due… Read Full Article
Economy News April 17, 2023 A proposal to list oil, gold and foreign companies in the Iraqi Stock Exchange The head of the Iraq Stock Exchange Investors Association, Alaa Al-Moussawi, said on Sunday that the market’s management is making great efforts in training its members and list… Read Full Article
Economy News February 25, 2023 Washington: Iraq bought $18.31 billion in US bonds in 2022 The US Treasury Department revealed on Saturday that Iraq ranked first among the most Arab countries buying US bonds during the past year. The ministry said in a statistic on its of… Read Full Article
Economy News January 15, 2023 What is the secret of the decline in the Iraqi dinar despite the increase in dollar reserves? The exchange rate of the Iraqi dinar has been witnessing fluctuations against the dollar for about two months, despite the large jump in foreign exchange reserves, which is curre… Read Full Article
Economy News January 15, 2023 Central Bank: Only banks capable of performing their functions remain in the banking sector The Central Bank of Iraq explained on Sunday its procedures to monitor the performance of private banks and improve their work, while noting that only banks capable of performing… Read Full Article
Economy News January 15, 2023 Sudanese adviser: Total public debt estimated at $70 billion The financial adviser to the Prime Minister, Mazhar Mohammed Saleh, confirmed on Sunday that foreign reserves in Iraq are very high, while determining the total public debt. Sal… Read Full Article
Economy News December 17, 2022 Economy News The central bank and banks urgent action to control the foreign currency market Today, the Board of Directors of the Central Bank took an important decision to control the exchan… Read Full Article
Economy News July 1, 2022 Economy News Union Bank discusses with the Italian mission the banking facilitation for the entry of Italian companies into Iraq The Chairman of the Board of Directors of the Union Bank of Ira… Read Full Article