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Iraq Holds One of the Largest Gold Reserves in the Arab World

Iraq’s Central Bank Governor, Ali Al-Alaq, confirmed today that the country holds 162 tons of gold, ranking among the highest reserves in the Arab...
Economy

Iraq Seeks Alternatives for Gas Imports Following U.S. End of Sanctions Waiver on Iranian Energy

Iraq is seeking to diversify its gas supply sources following the United States' decision to end a sanctions waiver that had allowed the country...
Business

Iraq-China Trade Surpasses $55 Billion Annually, Strengthening Bilateral Ties

Trade between Iraq and China has surpassed $55 billion annually, reflecting the growing economic cooperation between the two nations, according to Xu Haifeng, the...
Economy

Iraq and OPEC+ Members Reaffirm Commitment to Oil Production Adjustments

Iraq, along with seven OPEC+ member states, met virtually on Monday to review the state of the global oil market and its future prospects....
Economy

Iraq Oil Exports to the US Decline in 2024, Still Key to Global Energy Market

Iraq's crude oil and petroleum product exports to the United States totaled over 95 million barrels in 2024, marking a decrease from 115 million...
Economy

Iraq Pursues Energy Diversification to End Reliance on Iranian Imports by 2028

Iraq is taking decisive steps toward energy diversification to phase out its dependence on Iranian gas and electricity imports by 2028. This move aims...
Economy

Iraq Sets Record in Olive Oil Production in 2025

Iraq has reached a historic milestone in olive oil production, with 2025 marking its highest-ever output. The Ministry of Agriculture announced this achievement, highlighting...
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