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Economy

Gold Prices Rise in Baghdad and Erbil

Gold prices jumped in Baghdad and Erbil markets, reflecting increased demand and market activity. Gold prices on Baghdad’s Al-Nahr Street recorded a selling price of 893,000 IQD...

USD/IQD Exchange Rates Edge Up in Baghdad and Erbil

The US dollar exchange rates edged higher against the Iraqi dinar on Wednesday in both Baghdad and Erbil, reflecting slight movements in local currency markets. The central exchanges...

IMF Projects Iraq as Fourth-Largest Arab Economy by 2030

The International Monetary Fund (IMF) has projected that Iraq will rank as the fourth-largest economy in the Arab world by 2030. The forecast highlights Iraq’s steady growth, driven...

Iraq Signs Deal with Excelerate Energy to Build Floating Gas Platform

Under the auspices of Prime Minister Mohammed Shia al-Sudani, Iraq signs a deal with US-based Excelerate Energy to build a floating natural gas platform....

Gold Prices Fall in Baghdad and Erbil Markets

Gold prices fell in both Baghdad and Erbil, reflecting a slight decline in Iraq’s precious metals market. According to a survey, the prices of...

Dollar Prices Rise in Baghdad, Remain Stable in Erbil Markets

The US dollar strengthened against the Iraqi dinar in Baghdad, while exchange rates in Erbil remained largely stable, according to a recent survey conducted....

Hyundai Begins Gasoline Production Trial at Basra Refinery

South Korea’s Hyundai Engineering and Construction Company (Hyundai E&C) has started trial gasoline production at the Basra Refinery in southern Iraq after completing major construction works. The milestone...

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