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Iraq Moves to Build Funding Plan for $17B Development Road

Iraqi Prime Minister Ali al-Zaidi has ordered the creation of a formal structure to fund and deliver the Development Road. The Iraq Development Road...

Basra Prepares to Open New Marina on Shatt al-Arab

Iraq is preparing to open a new marina on the Shatt al-Arab waterway in Basra. The Shatt al-Arab marina project is nearing completion, according...

Washington Reportedly Backs Iraq’s Bid to Mediate US-Iran Tensions

Washington has reportedly backed an Iraqi plan to open mediation between the United States and Iran. The Iraq US Iran mediation effort follows a...

Gold prices climb as Iran ceasefire proposal boosts market focus

Gold prices climb as investors closely followed new diplomatic signals from the Middle East. Traders reacted to reports that mediators presented Iran with a...

Iraq’s Cash Buffer Shrinks as Central Bank Reserves Slide Rapidly

Iraq central bank cash reserves recorded a sharp decline during the first four months of 2026, raising questions about liquidity management. The Central Bank...

Iraq Industry Revival Emerges as Key Path Toward Economic Independence

Iraq industrial recovery strategy has become a central focus as the country seeks to reduce its oil dependence and strengthen other parts of its...

Iraq Public Construction Spending Tops $18 Billion in 2025 as Baghdad Leads New Projects

Iraq public construction spending reached a major milestone in 2025, reflecting the government's continued focus on infrastructure and development across the country. Fresh figures...

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