Gold Prices Surge in Local Markets On March 15, 2025, gold prices experienced a significant increase in local markets, with the price of an ounce of gold reaching $2,985. Current
Iraqi Oil Minister Highlights Importance of Oil and Gas Development Iraqi Oil Minister Hayyan Abdul Ghani has underscored the critical need to enhance oil field operations within the North Oil
Oil Products Distribution Company Reports Record Fuel Sales in 2024 The Oil Products Distribution Company has announced a remarkable achievement, reporting the sale of over 11 billion liters of gasoline
Minister of Industry Initiates Electronic Registration System for Brands The Iraqi Minister of Industry has announced the commencement of an electronic registration system for trademarks, a significant step aimed at
Baghdad - Medical Aid from India India has recently dispatched a shipment of medical supplies to support the residents of the Kurdistan region in Iraq. The shipment includes crucial bronchial,
Economy News - Follow-up The European Union has announced a substantial commitment of three billion euros (approximately $3.1 billion) for Jordan in the context of a new strategic partnership framework.
The Ministry of Finance has issued a statement denying any involvement in the delays surrounding the salaries of employees in the Kurdistan Region. According to the ministry, it operates on
2025-01-29T07:56:08+00:00 font Enable Reading Mode A- A A+ Iraq has emerged as the third-largest exporter of crude oil to South Korea for December, according to data released by the Korean
The U.S. Treasury has announced a new series of sanctions targeting the Russian oil sector, with major implications for significant entities including Gazprom. The sanctions specifically impact 183 tankers engaged
Iraq's Focus on Strengthening Its Non-Oil Economy Introduction Iraq is currently prioritizing the development of its non-oil economy, aiming to reduce its dependency on oil revenues. This strategic shift is
Last update: Jan 29, 2025 - 3:01 PM Central Bank Initiative Under Scrutiny in Iraq’s Energy Sector Representative Muhammad Abd Rabuh announced on Wednesday a notable initiative titled "Central Bank
Baghdad and Erbil: Ongoing Tensions Amid Oil Development Agreements The Iraqi government has recently taken steps that have drawn sharp distinctions between itself and Erbil, prompting criticism regarding what is
Last update 2025-01-16 Iraqi-British Business Council Symposium in London The Iraqi-British Business Council (IBBC) convened for a symposium in London, aimed at strengthening ties between the Iraqi and British private
Ministry of Oil of Iraq Announces New Strategies for Gas Industry Development The Iraqi government has unveiled a strategic plan aimed at advancing the country's gas sector, targeting the achievement
Baghdad - Oil Market Developments The representatives of the OPEC+ group are set to convene shortly to evaluate the implications of the United States' plans for ramping up oil production,
2025-01-29T13:47:26+00:00 font Enable Reading Mode A- A A+ Recent market trends indicate a rise in the value of the US dollar against the Iraqi dinar, particularly in Baghdad and Erbil,