Category Archives: Uncategorized

Baghdad and Erbil agree on a new mechanism for exporting Kurdistan Region oil.

Baghdad and Erbil agree on a new mechanism for exporting Kurdistan Region oil. A source in the North Oil Company in Kirkuk province reported on Thursday that the company will serve as a major hub for receiving and storing Kurdistan’s … Continue reading →

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300 MW solar energy project in the Karbala desert

300 MW solar energy project in the Karbala desert Iraqi Electricity Minister Ziyad Ali Fadhil announced on Tuesday that work on the Karbala Solar Power Plant project, the first solar project to be integrated into the national electricity grid, is … Continue reading →

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SVR: US-UK talks to replace Zelensky with Zaluzhny

SVR: US-UK talks to replace Zelensky with Zaluzhny Russia’s Foreign Intelligence Service (SVR) revealed on Tuesday that the United States and the United Kingdom are considering replacing Ukrainian President Volodymyr Zelensky. The agency added that the discussions were attended by … Continue reading →

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The President of the Republic issues a decree appointing Al-Atwani as Governor of Baghdad

The President of the Republic issues a decree appointing Al-Atwani as Governor of Baghdad Iraqi President Abdul Latif Jamal Rashid issued a presidential decree on Tuesday appointing Atwan al-Atwani as head of the local government of the capital, Baghdad. Rashid, … Continue reading →

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Iraq’s financial revenues exceed 46 trillion dinars in five months.

Iraq’s financial revenues exceed 46 trillion dinars in five months. The Ministry of Finance revealed on Tuesday that Iraq’s federal budget revenues from January to May 2025 exceeded 46 trillion dinars, confirming that oil accounts for 91% of the budget. … Continue reading →

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Türkiye demands Iraq guarantee “full use” of the Kirkuk-Ceyhan pipeline through a new agreement.

Türkiye demands Iraq guarantee “full use” of the Kirkuk-Ceyhan pipeline through a new agreement. Turkish Energy Minister Alparslan Bayraktar confirmed on Tuesday that his country demands that the proposed new agreement with Iraq include a “mechanism ensuring full use” of … Continue reading →

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OPEC+ asks Iraq to submit a plan to compensate for excess oil production.

OPEC+ asks Iraq to submit a plan to compensate for excess oil production. The OPEC+ Joint Ministerial Monitoring Committee (JMMC) has asked Iraq to submit an updated plan to compensate for excess oil production that exceeded its quota under production … Continue reading →

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Government program and economic policies revive the dinar

Government program and economic policies revive the dinar In its third year of implementation, the government program continues to make steady progress toward achieving its economic goals, despite the complex challenges posed by regional and international realities, particularly regarding the … Continue reading →

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10 Reasons Behind the Decline in the US Dollar Against the Iraqi Dinar

10 Reasons Behind the Decline in the US Dollar Against the Iraqi Dinar The exchange rate of the dollar against the Iraqi dinar has witnessed a significant decline recently. This decline is due to a group of intertwined economic and … Continue reading →

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Financial expert: “Economic uncertainty” behind the dollar’s decline in Iraq

Financial expert: “Economic uncertainty” behind the dollar’s decline in Iraq Financial expert Mahmoud Dagher attributed the gradual decline in the US dollar exchange rate against the Iraqi dinar on Monday to “economic uncertainty,” weak government spending, and a stagnant market. … Continue reading →

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