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Iraq
Wednesday, September 2, 2026

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Summer Heat Sends Iraq Cooling Unit Prices Soaring Across Markets

Iraq cooling unit prices have surged across Baghdad as intense summer heat fuels demand while supplies continue to shrink. Retailers say customers are paying far...

Iraq Signs Hamrin Oil Field Development Agreement With US Company

Hamrin oil field development moved forward after Iraq signed a new agreement with a US energy company to expand production at one of the country’s...

Iraq Housing Crisis Persists Despite New Government Land Plan

The Iraq housing crisis continues despite a new government initiative to distribute one million residential land plots. Officials hope the plan will reduce the country’s long-standing...

Iraq Recovers 14 Billion Dinars in Expanding Oil Corruption Probe

The Iraq corruption investigation widened after judicial authorities recovered another 14 billion Iraqi dinars linked to a major financial crime case. Officials said the money forms...

IMF Forecast Sees Iraq Economy Contract in 2026

The Iraq economy forecast from the International Monetary Fund points to a difficult year in 2026. The organization expects Iraq to experience the region’s sharpest...

Anbar Border Revenue Reaches 109 Billion Dinars in June

 Anbar border revenue reached 109 billion Iraqi dinars during June, according to the province’s local government. The strong result reflects higher trade activity across Anbar’s...

World Bank Keeps Iraq in Upper-Middle Income Group

The World Bank has confirmed Iraq upper-middle income status for the 2026–2027 fiscal year, keeping the country among the world’s upper-middle-income economies. The latest classification reflects...

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