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Iraq
Thursday, April 16, 2026

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Iraq’s Government Spending Surpasses Stronger Economies Amid Economic Struggles

Iraq's government spending has exceeded that of several more economically diversified nations, despite the country’s continued dependence on oil and ongoing economic stagnation. According...

Oil Prices Drop Amid Global Tariff Concerns and OPEC+ Output Increases

Oil prices experienced a decline on Monday as market concerns over U.S. import tariffs weighed heavily on global economic growth. Investors also grew wary...

US Ends Waiver Allowing Iraq to Buy Energy from Iran

The United States has decided not to renew a waiver that allowed Iraq to purchase electricity and gas from Iran, marking a significant shift...

Al-Rafidain Bank Launches $1.5 Billion National Bond Issuance

Al-Rafidain Bank has officially launched its first national bond issuance, valued at IQD 2 trillion (approximately $1.5 billion), in line with directives from the...

Iraq Signs $497 Million Deal for Waste-to-Energy Plant in Baghdad

Iraq has made a significant leap towards sustainable energy development with a $497 million agreement to build its first waste-to-energy facility. The deal, signed...

Iraq Unveils Major Infrastructure and Industrial Projects to Boost Economic Growth

Iraqi Prime Minister Mohammed Shia Al-Sudani launched several significant infrastructure and industrial projects, emphasizing his government’s commitment to driving economic growth, expanding housing,...

Iraq and Russia Strengthen Ties at 10th Joint Committee Meeting

This week, Iraq and Russia took significant steps to strengthen their partnership at the 10th meeting of the Iraqi-Russian Joint Committee. The event, held...

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