Economy News - Follow-up An internal communication has surfaced from an official within the Trump administration, indicating a proposed strategy for gradually phasing out aid to Lebanon and the Rohingya
Kazakhstan Maintains Oil Production Plan Ahead of OPEC+ Meeting In anticipation of the upcoming OPEC+ meeting, discussions will focus on strategies to increase oil production, alongside addressing the current conditions
Last update: Jan 29, 2025 - 3:08 PM Federal Government's Responsibilities Regarding Public Funds Highlighted by Parliamentary Investment Committee Member In a recent statement, Muhammad Al-Ziyadi, a member of the
Parliamentary Committee Critiques Solar Energy Initiative Implementation in Iraq On January 28, 2025, Mohamed Abd Rabah, the Chairman of the Electricity and Energy Committee of the Iraqi Parliament, expressed concerns
International Monetary Fund Lowers Eurozone Growth Forecasts Until 2026 The International Monetary Fund (IMF) has made notable adjustments to its growth projections for the eurozone, reflecting the region's ongoing economic
Budget Amendment Considered Amidst Financial Tensions Between Baghdad and Erbil As financial and oil-related disputes escalate between Baghdad and Erbil, the House of Representatives is set to include a budget
Dollar Stability Ahead of Federal Reserve Policy Announcement The U.S. dollar demonstrated stability on Wednesday, with market participants closely monitoring the upcoming monetary policy announcement from the Federal Reserve. Investors
Economy News - Baghdad Gold prices experienced slight fluctuations during early trading on Wednesday, driven by ongoing uncertainties surrounding U.S. tariffs and, subsequently, an increased demand for safe-haven assets. Market
Stability in Gold Prices Amid Market Observations On January 28, 2025, gold prices exhibited stability during trading sessions, as market participants remained attentive to the upcoming Monetary Policy meeting of
Baghdad - The Minister of Electricity, Ziad Ali Fadel, has identified fuel shortages as the primary challenge facing the ministry, emphasizing that energy production relies on fuel availability for 60%
Iraq’s Oil Exports to India Approach One Million Barrels Per Day Recent statistics from S&P indicate that Iraq has secured the position of second-largest oil supplier to India, with an
Last update: Jan 29, 2025 - 3:23 PM Ministry of Finance Clarifies Responsibility Regarding Delay in Employee Salaries in Kurdistan Region The Ministry of Finance has publicly stated that it
Market Update: Decline in Dollar Exchange Rates Recent trading activities on the Al-Harithiya stock exchanges in Baghdad have demonstrated a decrease in the value of the dollar. The exchange rate
--- ### Central Bank Clarifies Position on Ports and Currency Exchange Companies The Central Bank of Iraq has officially stated that no decisions or directives have been made regarding the
Amid escalating tensions between Baghdad and Erbil, the Kurdistan Regional Government (KRG) has articulated a pivotal condition regarding the transfer of its internal revenues to the federal government in Baghdad.
Baghdad - Mail British Finance Minister Rachel Reeves announced new initiatives on Wednesday aimed at rejuvenating the nation's economy, highlighting her endorsement of the long-awaited expansion of one of the