Category Archives: Uncategorized

Two solar clouds are heading towards Earth, and warnings of geomagnetic storms have been issued. The Solar Astronomy Laboratory of the Space Research Institute of the Russian Academy of Sciences reported that two clouds of solar plasma will cover the … Continue reading →

Ministry of Oil: Completion of drilling the deepest horizontal well in the Buzurgan oil field The Ministry of Oil announced on Monday the completion of drilling the deepest horizontal well in the Buzurgan oil field. The Director General of Maysan … Continue reading →

Development Road Project: 75 percent of final designs completed The director of the Development Road project at the Italian consulting firm (BTB), Wido Bonini, confirmed on Monday that the project connects Basra Governorate to the Turkish border via a railway … Continue reading →

Rubio praises Nechirvan Barzani’s efforts to resume oil exports from the region and strengthen the partnership with America. US Secretary of State Marco Rubio on Sunday praised the efforts of Kurdistan Region President Nechirvan Barzani in reopening Kurdistan’s oil export … Continue reading →

In numbers… Iraq loses more than $13 billion of its reserves in two years USD-Iraqi dinarEconomic data indicated a clear decline in Iraq’s foreign reserves over three consecutive years, an indicator that deserves careful consideration. Reserves reached $111.7 billion in … Continue reading →

Iraq’s domestic public debt is rising The Central Bank of Iraq announced on Sunday that domestic public debt had increased by the end of September 2025. The bank said in an official statistic seen by Shafaq News Agency that “Iraq’s … Continue reading →

Iraq is the fifth largest Gulf trading partner after exports to it grew by about 50% Statistics issued by the Gulf Statistics Center showed that Iraq emerged as one of the most important trading partners of the Gulf Cooperation Council … Continue reading →

A year ended without a budget… Iraq is on the verge of economic paralysis and a freeze on services. Economic expert Ahmed Al-Tamimi warned on Tuesday (November 4, 2025) of serious repercussions that may result from the end of the … Continue reading →

Bank of Baghdad announces the formation of its new board of directors as part of the banking reform program. Bank of Baghdad, one of the leading banks in Iraq, announced the formation of its new board of directors during the … Continue reading →

Sudani: Iraq is an independent partner of the United States Prime Minister Mohammed Shia al-Sudani affirmed that the upcoming elections represent a turning point between the previous phase of instability and the current phase of security, reconstruction, and services. In … Continue reading →