Category Archives: Uncategorized
Lack of credit: Iraqi banks retreat from lending and become “trustless piggy banks.”
Lack of credit: Iraqi banks retreat from lending and become “trustless piggy banks.” Some state-owned banks appear to have backed away from their credit plans for this year. In recent years, they had financed loans to citizens and the government … Continue reading
An oil expert explains the importance of the Baghdad-Kurdistan agreement and its impact on the global market.
An oil expert explains the importance of the Baghdad-Kurdistan agreement and its impact on the global market. Iraqi Oil expert Furat al-Moussawi considered the oil agreement between Baghdad and the Kurdistan Region a strategic and important agreement that paves the … Continue reading
Al-Sadr’s latest messages: a final warning to the political system and a warning of a dangerous predicament.
Al-Sadr’s latest messages: a final warning to the political system and a warning of a dangerous predicament. A source close to the leader of the Shiite National Movement, Muqtada al-Sadr, revealed on Tuesday the messages al-Sadr intended to convey in … Continue reading
British company BP describes Kirkuk oil fields as “dream fields.”
British company BP describes Kirkuk oil fields as “dream fields.” British energy company BP described the Kirkuk oil field, along with three other global fields, as its “dream fields” on Tuesday, citing their massive reserves that will fuel the company’s … Continue reading
By 2025, Iraq’s financial revenues will exceed 72 trillion dinars.
By 2025, Iraq’s financial revenues will exceed 72 trillion dinars. The Ministry of Finance revealed on Tuesday that Iraq’s federal budget revenues from January to July of this year exceeded 72 trillion dinars, indicating that oil’s contribution to the budget … Continue reading
Baghdad sends nearly a trillion dinars to Erbil to fund salaries for Kurdistan Region employees.
Baghdad sends nearly a trillion dinars to Erbil to fund salaries for Kurdistan Region employees. The Kurdistan Region’s Ministry of Finance and Economy announced on Tuesday that the federal government had sent approximately one trillion dinars to fund the salaries … Continue reading
The oil agreement with Kurdistan: Washington pushed Baghdad toward concessions and acceptance through both enticement and intimidation.
The oil agreement with Kurdistan: Washington pushed Baghdad toward concessions and acceptance through both enticement and intimidation. The resumption of oil flow through the pipeline between the Kurdistan Region and Turkey continues to generate conflicting interpretations. Some view it as … Continue reading
Iraq: The Development Road Project establishes a non-rentier economy capable of meeting contemporary challenges.
Iraq: The Development Road Project establishes a non-rentier economy capable of meeting contemporary challenges. Iraqi Minister of Transport Razzaq Muhaibis al-Saadawi said on Tuesday that the vital development road project lays the foundation for a non-rentier economy capable of meeting … Continue reading
The Trump administration is reviewing its troop deployment in Iraq, and the Secretary of Defense is directing readiness.
The Trump administration is reviewing its troop deployment in Iraq, and the Secretary of Defense is directing readiness. Media outlets reported on Tuesday that the Trump administration is preparing to announce the redeployment of US forces in Iraq, according to … Continue reading
Al-Sudani’s advisor comments on “drowning Iraq in debt”: “Under control.”
Al-Sudani’s advisor comments on “drowning Iraq in debt”: “Under control.” The financial and economic advisor to the Iraqi Prime Minister, Mazhar Mohammed Salih, commented on Tuesday on reports that Iraq is “drowning in debt” and warnings of a bleak future … Continue reading