updates

Iraq Assumes Presidency of Arab Economic Council Ahead of Arab Development Summit Iraqi Minister of Trade Atheer Dawood Al-Ghurairi on Tuesday assumed the presidency of the Arab Economic Council at […]

Currency Market: The dollar continues to decline against the Iraqi dinar. The US dollar exchange rate continued its decline against the Iraqi dinar on Thursday morning in local markets in […]

Iraq increases oil production to more than 400,000 barrels per day. OPEC+ member states have decided to increase oil production by 411,000 barrels per day in June. The list of […]

Iraq strengthens partnership with US banks to support economic stability and investment. Advisor to the Prime Minister, Mazhar Mohammed Salih, confirmed on Wednesday that linking up with US banks provides […]

Avoiding billions of dollars in losses, Iraq wins dozens of international lawsuits. The Iraqi Ministry of Justice announced on Thursday that it had won 36 international lawsuits in favor of […]

Iraq signs agreement to join digital trading platform with Abu Dhabi In a strategic move to develop financial infrastructure and enhance regional cooperation, the Iraq Stock Exchange and the Iraqi […]

“Estimated at $16 trillion,” a government advisor said. “Iraq ranks first in the world in terms of its concentration of natural resources.” The Prime Minister’s financial advisor, Mazhar Mohammed Salih, […]

Al-Sudani: International companies are interested in establishing projects in Iraq. Prime Minister Mohammed Shia al-Sudani confirmed on Thursday that international companies are interested in establishing tourism and hotel projects in […]

A high-level US economic delegation visits Iraq, affirming partnership and economic development. The Vice President of the U.S. Chamber of Commerce, Steve Lutes, confirmed on Wednesday that the U.S. Treasury […]

JPMorgan announces its readiness to finance investment projects in Iraq. A delegation representing JPMorgan Chase expressed its willingness to finance a number of investment projects in Iraq, either directly or […]

The Central Bank of Iraq resolves the controversy surrounding the suspension of dollar supplies to travelers. The Central Bank of Iraq denied, on Sunday evening, the veracity of circulating news […]

Iraq exports more than $7 billion annually to the United States. The US Bureau of Commerce revealed that Iraqi exports to the United States amounted to more than $7 billion […]

An Iraqi bank raises its capital to more than half a trillion dinars. The General Assembly of the National Bank of Iraq (NBI) approved, in its annual meeting, the Board […]

The Iraqi government’s decision to borrow: economic analysis and implications In an attempt to address the growing fiscal deficit and finance its massive infrastructure projects, the Iraqi government has decided […]

Prime Minister: Iraq is witnessing a comprehensive development renaissance. Prime Minister Mohammed Shia al-Sudani affirmed on Wednesday that Iraq is witnessing a comprehensive development renaissance, while indicating that 323 power […]

145 billion barrels… Iraq will lead the world in oil reserves by 2025. Topped Kingdom of Saudi Arabia. Saudi Arabia existing Arab countries In terms of proven oil reserves for […]

Erbil hands Baghdad 48 billion dinars in non-oil revenues The Ministry of Finance and Economy in the Kurdistan Regional Government announced on Monday that the federal treasury’s share of non-oil […]

A government advisor reveals the size of Iraq’s foreign reserves. The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Sunday that Iraq’s foreign exchange reserves are a safety net […]

A government delegation discusses with the International Monetary Fund ways to strengthen the Iraqi dinar. The Iraqi delegation concluded its meetings with fund International Monetary Fund, with the participation of […]

Iraqi Ports: Plans to establish an industrial zone and large companies at the Grand Faw Port The Iraqi General Ports Company confirmed on Wednesday that it has reached advanced stages […]

Central Bank Governor: Iraq has one of the highest gold reserves in the Arab world at 162 tons The Governor of the Central Bank, Ali Al-Alaq, stated on Tuesday that […]

Central Bank: Comprehensive digital transformation in the financial sector is coming soon The Governor of the Central Bank of Iraq, Ali Al-Alaq, stated today, Saturday, that Iraqi banks are close […]

Iraq increases its gold reserves by 10 tons The World Gold Council announced on Wednesday that Iraq has increased its reserves of the precious metal by 10 tons. According to […]

Increase in the cash credit ratio of banks operating in Iraq The Central Bank of Iraq announced today, Tuesday, an increase in the ratio of total cash credit to total […]

Geopolitical controls push towards shifting to official channels for currency trading The financial advisor to the Prime Minister, confirmed that the geopolitical controls imposed on informal trade contribute to expanding […]

IMF expects Iraq’s non-oil economy to continue growing at 3.5% in 2025 The Iraqi delegation concluded its meetings with the International Monetary Fund in Amman during the period from February […]