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Economy

Gold Prices Record Sharpest Daily Decline Since March

Global gold markets moved lower on Tuesday as investors reacted to easing geopolitical tensions and shifting inflation expectations. Although prices remained above recent lows,...

Iraq Oil Revenues Fall to $1.08 Billion During Hormuz Crisis

Baghdad – Iraq oil revenues suffered a dramatic decline in April after regional tensions and maritime disruptions severely affected the country’s crude exports. Official...

Iraq’s Foreign Currency Reserves Drop as Oil Revenues Weaken

Baghdad – Iraq foreign currency reserves recorded a noticeable decline as falling oil revenues continued to pressure the country’s financial position. New figures released...

IMF Keeps Iraq Financial Aid Talks Under Review Amid Regional Crisis

Baghdad – IMF financial assistance discussions have drawn growing attention after reports claimed Iraq requested economic support during rising regional tensions. The International Monetary...

Baghdad and Erbil Strengthen Cooperation to Expand Iraq’s Tourism Industry

Baghdad and Erbil are increasing cooperation to support tourism development across Iraq and the Kurdistan Region. Officials from both governments have launched joint efforts...

Iraq’s Foreign Currency Reserves Drop by $1.8 Billion in One Week

Iraq’s foreign currency reserves recorded a sharp decline during the final week of April, according to new data released by the Central Bank of...

PM Ali Al-Zaidi Launches Iraq’s New Financial Stability Council

Iraqi Prime Minister Ali al-Zaidi chaired the first meeting of the country’s newly formed Financial Stability Council only hours after announcing its creation. The...

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