UAE-based real estate developer Damac Properties has officially launched “Damac Hills Baghdad”, a luxury residential project aimed at transforming Iraq’s real estate sector. The company said the...
Under the auspices of Prime Minister Mohammed Shia al-Sudani, Iraq signs a deal with US-based Excelerate Energy to build a floating natural gas platform....
The US dollar strengthened against the Iraqi dinar in Baghdad, while exchange rates in Erbil remained largely stable, according to a recent survey conducted....
Iraq’s Basrah crude grades rose, even as global oil prices fell. Basrah Heavy gained 98 cents, or 1.51%, reaching $65.68 per barrel, while Basrah Medium added $1.68, or 2.55%, to $67.53 per barrel.
Global oil benchmarks fell...
South Korea’s Hyundai Engineering and Construction Company (Hyundai E&C) has started trial gasoline production at the Basra Refinery in southern Iraq after completing major construction works. The milestone...
Iraq generated more than $48 billion in oil revenues during the first nine months of 2025, according to data released by the State Oil Marketing Organization (SOMO)....
