Category Archives: Uncategorized

Liquidity crisis in Mosul banks delays the release of payments to outlet owners On Monday, Abdullah Al-Jiro, the head of the money changers’ union in Nineveh Governorate, revealed a cash liquidity crisis affecting banks in Mosul, which has delayed payments … Continue reading →

First government comment on the rise in the dollar exchange rate in Iraq The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, confirmed Sunday, January 4, 2026, that the fluctuation in the exchange rate is “temporary” and does not … Continue reading →

Ministry of Oil: Completion of drilling and rehabilitation of 237 oil wells during 2025 The Iraqi Drilling Company announced on Monday the completion of drilling and rehabilitation of 237 oil wells during 2025. The company’s Director General, Hassan Mohammed Hassan, … Continue reading →

Farhad Atroushi wins the position of Second Deputy Speaker of the Iraqi Parliament On Tuesday evening, members of the Iraqi Parliament elected Farhad Amin Atrushi, a member of the Kurdistan Democratic Party, as the second deputy speaker of the parliament, … Continue reading →

Intensifying efforts to raise Iraq’s credit rating The government has intensified its efforts to achieve the highest international credit rating, given the importance of this step in gaining the confidence of international investors, facilitating the attraction of foreign investments, reducing … Continue reading →

Al-Karawi: 10 urgent laws awaiting a vote in the sixth parliamentary session MP Mudhar al-Karawi confirmed on Tuesday that there are ten urgent laws that must be voted on during the sixth parliamentary session, given the economic and financial challenges … Continue reading →

A political agreement has been reached to resolve the issue of the position of Second Deputy Speaker of Parliament. A parliamentary source revealed on Tuesday a political agreement among the blocs to resolve the issue of the second deputy speaker … Continue reading →

Iran announces the release of $2 billion frozen in a “neighboring country”. Iran’s Fars News Agency revealed on Tuesday that more than $2 billion of frozen Iranian assets had been released by a neighboring country, likely Iraq. The Iranian agency … Continue reading →

The Prime Minister directs a study of the revenue maximization program. On Tuesday, during his chairmanship of the Ministerial Council for the Economy meeting, the Prime Minister directed that a program to maximize financial revenues be studied and final proposals … Continue reading →

What does the Iraqi economy need to reform? An analytical look at the current situation and potential paths to correction. For many years, the Iraqi economy has suffered from a clear paradox: possessing substantial financial resources, yet lacking the capacity … Continue reading →