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Iraq Grand Faw Port Nears Operation with Major Projects Completed

Iraq’s Grand Faw Port is moving closer to full operation as construction rapidly advances. The massive port project in Basra represents one of the country’s most...

Iraq’s Forex Reserves Drop Below $95 Billion Amid Economic Pressures

Iraq’s central bank (CBI) reported that the country’s foreign forex currency reserves have declined to just under $95 billion, reflecting ongoing fiscal pressures and...

Iraq Advances Water Infrastructure Development in Kurdistan Region

The Kurdistan Regional Government (KRG) continues to make strong progress in modernising the Kurdistan Region’s water infrastructure. Officials announced that several large-scale projects now improve water management,...

Iraq Strengthens Reconstruction with Fallujah Housing Rehabilitation Project

Iraq reconstruction efforts drive as Al-Fityan Company for General Contracts begins work on a major housing project in Fallujah. The company won a contract from the...

Iraq Prepares for Economic Challenges as UN Sanctions on Iran Return

Iraq now faces growing concern as the reimposition of UN sanctions on Iran begins to create regional uncertainty. Policymakers and economic analysts in Baghdad closely monitor...

CBI Enforces New Trade Transparency Rules to Modernize Commerce

The Central Bank of Iraq (CBI) has introduced a new set of trade transparency rules designed to modernize the country’s financial system and streamline...

Iraq’s Public Debt Nears $150 Billion as Fiscal Pressures Mount

Iraq’s Central Bank Governor Ali al-Alaq revealed that the nation’s total public debt has climbed close to $150 billion, signaling rising fiscal pressure and...

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