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Iraq
Wednesday, September 2, 2026

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Iraq Oil Exports Rise to 2 Million Barrels per Day

Iraq’s oil export recovery has accelerated since the beginning of August, with shipments averaging around two million barrels per day. The increase marks a major improvement...

Baghdad and Erbil Move Toward Unified Digital Customs System

Baghdad and Erbil have agreed to adopt a unified digital customs system across Iraq’s border crossings. The agreement includes an equal sharing arrangement for...

Iraq Customs Revenue Reaches 2.5 Trillion Dinars in Seven Months

Iraq’s customs revenue growth has accelerated sharply during 2026, reaching 2.5 trillion Iraqi dinars in seven months. The amount equals the country’s total customs revenue for...

US Dollar Slips in Baghdad and Erbil as Dinar Gains Slightly

The dollar exchange rate in Iraq edged lower on Thursday morning in both Baghdad and Erbil. The US currency traded around 152,500 dinars per $100 in...

CBI Initiative Directs $1.69 Billion Toward Large Iraqi Projects

Iraq’s CBI lending initiative directed about $1.69 billion toward large investment projects during 2025. The funding formed part of a broader four-trillion-dinar program launched by the...

Iraq Becomes Major Destination for Syria’s Higher-Value Exports

Iraq is becoming an important market for Syrian exports as Damascus shifts toward higher-value products. Syria is moving away from selling mainly raw materials and expanding...

Iraq Advances Development Road as Designs Near Completion

Iraq’s Development Road project has reached a major design milestone as authorities push ahead with strategic transport infrastructure. Railway designs for the 1,200-kilometer corridor have reached...

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