The global economic landscape has been grappling with intricate crises spanning economic, financial, and security dimensions for several years. The underlying causes of these crises can be largely attributed to
2025-01-29T05:41:59+00:00 font Enable Reading Mode A- A A+ On January 29, 2025, oil prices exhibited a slight decline despite relative stability in global market prices. Specifically, the price of Basra
Recent market activity has shown a decline in the prices of Basra heavy crude and Mediterranean crude oil while global oil prices have stabilized. On Tuesday, Basra heavy crude recorded
Oil Prices Experience Modest Increase Today, oil prices have risen slightly, although they remain close to their lowest levels in the past two weeks, indicating ongoing market dynamics. The uptick
The Minister of Oil, Hayyan Abdul-Ghani, has highlighted the significant financial drain on Iraq due to the country's reliance on gas imports from Iran. Abdul-Ghani elaborated that the supply of
Last update: Jan 28, 2025 - 1:45 PM Continuing Dialogues on Budget Law Amendment in Iraq The representative of the coordination framework, Allawi Al-Benadawi, confirmed today, January 28, 2025, that
Recent Agreement Sparks Tensions Over Oil Resource Management in Iraq The recent agreement between the federal government and British Petroleum (BP) concerning the development of the Kirkuk oil fields has
The Iraq Energy Conference commenced in Baghdad today, with the participation of Prime Minister Muhammad Shi'a Al-Sudani. The conference activities began under the auspices of the Prime Minister and various
The recent decision by the Central Bank of Iraq (CBI) to prohibit the sale of real estate exceeding 100 million dinars through non-bank channels has stirred considerable debate. This regulation
Baghdad - Economic Developments The Ministerial Council for Economy convened today to approve an essential measure aimed at bolstering the industrial sector in Iraq. The Council has decided to exempt
Economic Developments: Follow-Up The social media platform "X," owned by American entrepreneur Elon Musk, announced the introduction of a new money transfer service that facilitates transactions between digital wallets and
US Dollar Exchange Rates Stable Against Iraqi Dinar The exchange rates of the US dollar against the Iraqi dinar demonstrated stability in local markets across Baghdad, Erbil, and Basra as
2025-01-28T13: 38: 28+00: 00 font Enable Reading Mode A- A A+ On Tuesday, Prime Minister Mohamed Shi'a Al-Sudani engaged in discussions with Othman Dion, the Vice President of the World
Abu Dhabi, United Arab Emirates – Emirati entrepreneur Khalaf Ahmed Al Habtoor has made a significant announcement regarding his investments in Lebanon, stating that he will liquidate all associated projects
Iraq's Oil Pricing in 2024: A Regional Analysis In OPEC's assessment for 2024, Iraq is positioned sixth in terms of the cost of Arab crude oil, with an average barrel
Last update: Jan 28, 2025 - 1:52 PM Call for Action on Oil Smuggling: Government Urged to Leverage Regional Relations On Tuesday, Muhammad Al-Zayhoud, head of the Ajyal Bloc, urged