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Iraq
Saturday, July 18, 2026

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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...

Recovered Corruption Funds Help Iraq Reduce Budget Deficit

Iraq plans to use Recovered corruption funds to strengthen public finances and support key development projects. Government officials say these assets provide valuable financial support, although...

EU Warns Airlines to Avoid Iraq, Iran and Lebanon Airspace

The European Union Aviation Safety Agency issued a new Iraq airspace warning for airlines operating across the Middle East. The agency advised carriers to avoid flying...

Gold Prices Hold Steady as Middle East Tensions Shake Markets

Global investors closely watched Gold prices today as markets balanced rising geopolitical tensions with expectations of higher U.S. interest rates. Fresh American military strikes against Iran...

Iraqi Airways Opens Direct Basra–Baku Flight

Iraqi Airways has expanded its international network with the launch of Basra to Baku flights. The new route offers travelers in southern Iraq a direct...

Oil Prices Surge After US Strikes Raise Middle East Supply Fears

The global energy market reacted sharply as oil prices surge followed fresh military action between the United States and Iran. Investors quickly responded to renewed concerns...

Iraqi Airways Launches Direct Kirkuk-Antalya Flights for Summer Travel

Iraqi Airways Kirkuk Antalya flights will begin on July 14 as the national carrier expands its summer travel network. The new route will connect Kirkuk...

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