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Economy

Basrah Crude Prices Slide Sharply as Market Pressure Intensifies

Basrah crude prices recorded a steep decline on Wednesday as global oil markets faced renewed selling pressure. The latest drop placed Iraq's main export...

Baghdad Airport Project Scrapped as World Bank Arm Reaffirms Iraq Commitment

The future of the Baghdad airport modernization project remains uncertain after Iraqi authorities canceled a major airport contract worth $764 million. Despite the setback, the International...

Gold Prices Edge Higher Across Baghdad and Erbil as Market Momentum Builds

Gold prices in Iraq rose again on Tuesday, reflecting a mild but steady increase across major Iraqi cities. Traders in both Baghdad and Erbil reported stronger demand during...

Baghdad, Washington Deepen Energy and Security Cooperation After High-Level Talks

The Iraq–U.S. strategic partnership gained fresh momentum after talks in Baghdad between Prime Minister Ali Al-Zaidi and U.S. Special Presidential Envoy Tom Barrack. Both...

Iraq Dollar Exchange Rate Opens Mixed as Market Watches Currency Moves

The Iraq dollar exchange rate showed mixed movement at the start of trading on Tuesday, reflecting ongoing shifts in local currency markets. Traders across Iraq monitored...

Iraq Defeats $800 Million Telecom Claim in Major International Legal Win

Baghdad – Iraq secured a significant legal victory after an international arbitration tribunal dismissed an $800 million compensation claim filed by telecommunications giant Orange....

Gold Edges Higher in Baghdad and Erbil Markets as Demand Holds Firm

Gold prices in Iraq today showed a mild rise across Baghdad and Erbil markets. Traders pointed to stable demand despite ongoing pressure in currency...

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