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Iraq’s Car Market Slumps 34% in Early 2026 as Economic Pressures Mount

Baghdad – Iraq's automotive sector recorded a significant decline during the first quarter of 2026 as economic uncertainty, inflation, and regional tensions weighed heavily...

Iraq-UK Banking Cooperation Gains Momentum After London Talks

A senior Iraqi banking delegation wrapped up a two-day visit to London on Tuesday, marking another step forward in Iraq-UK banking cooperation. The trip brought...

Iraq’s Inflation Rate Climbs 1.7% in April as Annual Growth Reaches 4.3%

Baghdad – Iraq recorded a rise in inflation during April, with new figures showing higher consumer prices on both a monthly and annual basis....

IMF Flags Mounting Fiscal Strain on Iraq Through 2026

The Iraq financial pressure outlook 2026 shows rising concern after a new IMF assessment this week. The report points to stronger fiscal stress from...

Gold Market Holds Firm in Baghdad While Erbil Sees Uptick

Gold Prices in Iraq opened Tuesday with mixed trends across Iraq’s major markets. Baghdad recorded stability, while Erbil posted a noticeable increase in trading levels....

Iraqi Dinar Exchange Rate Slips as Dollar Eases in Early Iraqi Trade

The Iraqi dinar exchange rate opened on Tuesday lower across Iraqi markets. Traders observed a softer US dollar at the start of the session. The...

Iraq Pushes Massive Housing Expansion with Private Sector Drive

Iraqi government seeks private-sector support for one million housing plots as part of a national development push. Prime Minister Ali Al-Zaidi addressed business leaders...

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