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Iraq
Sunday, October 18, 2026

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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...

Iraq Car Sales Fall 28.6% as Economic Pressures Hit Consumers

Iraq’s car sales decline reached 28.6% during the first half of 2026. Official dealerships sold 59,264 new vehicles during the period. The sharp decline reflects growing...

Iraq’s Economy Faces Pressure as Non-Oil Activity Weakens

Iraq’s non-oil economic slowdown is raising concerns despite a nearly 10% increase in money supply. Inflation has remained close to 3% since the beginning of the...

Iraq’s 100% Leave Salary Plan Raises Major Fiscal Questions

Iraq’s 100% leave salary proposal is drawing attention as lawmakers consider new rules for public employees. The proposal would allow some government workers to take long-term...

Dollar Exchange Rates Rise in Baghdad and Erbil

The dollar exchange rates increased in Baghdad and Erbil during Tuesday’s trading session. The US dollar closed near 154,000 Iraqi dinars per $100. The latest movement...

Oil Prices Reach Two-Week High as US-Iran Talks Stall

Oil prices climbed to a two-week high on Tuesday as US-Iran negotiations reached an impasse. Investors grew concerned about continued uncertainty surrounding the Strait of Hormuz....

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