Category Archives: Uncategorized

BP begins development work on the Northern Oil and Gas Company: “A qualitative leap and a huge investment figure” Oil sources in the two government-owned companies, the North Oil and North Gas, reported on Wednesday that experts from the British … Continue reading →

Central Bank of Iraq: Revenues and expenditures rise for June The Central Bank of Iraq revealed on Wednesday that public revenues and expenditures increased during the month of June. The bank said in official statistics seen by Shafaq News Agency … Continue reading →

Controversy over the effectiveness of “economic laws” in Iraq Controversy is growing over the enactment of new laws to reform Iraq’s banking system, with economists emphasizing the importance of updating them to reflect current developments. Economic expert Abdul Rahman Al-Shaikhli … Continue reading →

$200 billion in trade between China and Iraq by 2024 The Chinese Embassy Counselor in Iraq, Xu Haifeng, confirmed on Wednesday that Iraq is a key partner for his country, noting that China imported approximately 64 million tons of crude … Continue reading →

Source: Iraqi retirees’ salaries postponed until September An informed source reported on Wednesday that the disbursement of retirees’ salaries has been postponed until further notice. The source told Shafaq News Agency that the salaries of civilian and military retirees for … Continue reading →

German Ambassador: Access to Finance Guide will develop Iraq’s financial sector The Chargé d’Affaires of the German Embassy in Iraq, Roland Westebe, confirmed on Wednesday that the Access to Finance Guide is a strategic step for small and medium-sized enterprises … Continue reading →

Monetary stability and exchange rate liberalization. In economic feasibility studies, the financial, marketing, and technical studies cannot be prepared in an investment environment unless that environment enjoys monetary stability, paving the way for stable exchange rates for the local currency … Continue reading →

Signing the contract to establish the National Mobile Telephone Company in Iraq Prime Minister Mohammed Shia al-Sudani sponsored the signing ceremony of the founding contract for the National Mobile Phone Company today, Sunday. On March 11, 2025, the Iraqi Council … Continue reading →

Tankers in the Shadows: Iraq a Strategic Hub for Sanctioned Oil Transport Iraq has recently emerged as a key logistical player within the shadow oil tanker network serving sanctioned countries such as Russia, Iran, and Venezuela. S&P Global data indicates … Continue reading →

“A Big Deception”… Turkish Water Releases to Iraq End The Green Iraq Observatory, which specializes in environmental affairs, confirmed that Sunday marks the last day of the grace period set by Türkiye for water releases into Iraq. The observatory stated, … Continue reading →