Economy

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

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

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

Oil prices rose slightly on Tuesday, driven by instability in the Middle East and China’s economic stimulus measures. However, concerns over global growth, U.S....

Iraq has become the largest importer of U.S. rice in the Middle East, with imports totaling $85.5 million (131,501 metric tons) in 2024, a...

Iraq exported nearly 5 million barrels of oil to the United States in February 2025, a decrease from 6.23 million barrels in January, according...