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Economy

Iraq Sees Dollar Price Drop in Local Markets

Iraq sees dollar price drop as currency markets in Baghdad and Erbil show downward movement. Traders noticed this shift early as exchange rates dipped...

Iraq avoids financial trouble Amid Economic Stability, Says Advisor

Iraq’s top financial advisor has strongly rejected rumors of an upcoming financial crisis. Mudher Muhammad Saleh, advisor to Prime Minister Mohammed Shia Al-Sudani, reassured...

Iraq Foreign Reserves Show Modest Growth Amid Decline

Iraq’s foreign currency reserves posted a slight increase, reaching $98.089 billion by the end of March 2025. This uptick reflects a small but notable...

Iraq Salary Spending Threatens Economy Stability

The Iraqi economy faces new dangers as public sector salary spending continues to rise. Economist Manar al-Obaidi has warned that Iraq’s salary bill could...

Iraq Infant Formula Project to Boost Food Security

Iraq is taking a major step toward improving local food production. The Iraq Development Fund has signed a deal with UK-based Agrium Capital to...

Gold Prices Dip Amid Dollar Strength and Trade Uncertainty

Gold prices and trade uncertainty, gold prices dropped slightly on Tuesday after reaching a near four-week high earlier in the day. The modest rise...

Iraq’s Basrah Crude Prices Rise with Global Oil Gains

Basrah crude oil price increase, oil prices moved slightly higher on Tuesday, lifting Iraq’s Basrah crude values alongside global benchmarks. Both Basrah Heavy and...

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