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Iraq
Tuesday, March 3, 2026

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Iraq E-payments Shift Marks New Era

Iraq is moving toward a digital economy by replacing cash with E-payments shift. The government plans to end cash use in all institutions and...

USD/IQD Exchange Rates Inch Lower in Baghdad and Erbil

The USD/IQD Exchange Rates continued its gradual decline against the Iraqi dinar in both Baghdad and Erbil this week, signaling a modest shift in...

Gold Prices Rise in Baghdad and Erbil Amid Steady Market Demand

Gold prices in Iraq continued to rise this week, with markets in Baghdad and Erbil recording notable increases. A recent survey by Shafaq News...

Iraq Settles $800 Million Dispute with Dutch Firms

Iraq's ministry of Justice settles $800 million dispute, successfully resolving a major international legal conflict with three Dutch companies and protecting the state treasury from significant...

Iraq’s Inflation Rises 0.8% in August Amid Higher Food and Housing Costs

Iraq’s inflation rate increased by 0.8% in August, reversing a slight 0.1% decline recorded in July, the Ministry of Planning reported on Tuesday. Spokesperson Abdul...

Basrah Crude Prices Drop as Iraq and Kurdistan Restart Pipeline

Basrah crude prices fell sharply on Tuesday, reflecting global oil market weakness and renewed supply concerns. The drop followed news that Iraq’s federal government...

Oil Prices Fall as Iraq–Kurdistan Pipeline Deal Adds Supply Pressure

Oil prices continued to fall, marking the fifth straight session of decline. The drop came after Iraq and the Kurdistan Regional Government (KRG) reached...

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