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Thursday, January 15, 2026
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Economy

Iraq’s Foreign Currency Reserves Decline Amid Monetary Tightening and Lower Oil Prices

Iraq’s foreign currency reserves experienced a decline in the third quarter of 2024, with the Central Bank of Iraq (CBI) attributing the drop to...

Iraq Achieves Self-Sufficiency in Crops, Expands Agricultural Exports

The Iraqi Ministry of Agriculture has announced that the country has reached self-sufficiency in seven crops and is exporting 13 crops internationally. Ministry spokesperson Mohammed...

Spain Offers Support for Iraq’s Energy Sector Growth

The Spanish Ambassador to Iraq, Alicia Rico, announced on Monday that Spain is ready to support the growth of Iraq’s energy sector. Rico made the...

Iraq Negotiates Liquefied Gas Deal with Algeria

Iraq is currently negotiating a liquefied natural gas (LNG) deal with Algeria, which is expected to be finalized by next summer. The agreement aims...

Al-Faw Grand Port’s First Phase Set for Completion by End of 2025

The first phase of Iraq’s Al-Faw Grand Port is scheduled for completion by the end of 2025, according to Iraqi Minister of Transport, Razzaq...

Iraq’s Foreign Reserves Reach $110 Billion, Strengthening Economic Stability

Iraq’s foreign reserves, essential for shielding the economy from volatility, are valued at approximately $110 billion, according to Prime Minister’s Advisor for Financial Affairs,...

Bazargan Oil Complex to Launch Gas Compression Unit

The Bazargan Oil Complex has announced the development of a new gas compression unit, capable of processing up to 70 million standard cubic feet...

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