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Economy

Iraq Faces Growing Budget Strain as Oil Revenues Decline

Iraq faces a serious growing in financial challenge as oil revenues fail to cover the government’s monthly expenses. The economic observatory ECO Iraq revealed...

Iraq Launches $6 Billion Renewable Energy Drive

Iraq launched a $6 billion renewable energy drive to expand its clean power capacity and cut dependence on traditional fuels. The initiative marks a...

Iraq Drives Financial Transformation with Three Key Projects

The Iraqi financial transformation is moving forward with great momentum as the Central Bank of Iraq (CBI) launches three major projects to modernize the nation’s banking...

New Water Facility Will be Launched in Northern Baghdad

Iraq has inaugurated a major water facility to improve access to clean water in northern Baghdad. The Al-Zohour Central Water Project now provides essential...

Iraq Launches Credit Guarantee Fund to Boost SMEs

Iraq has launched a Credit Guarantee Fund to empower small and medium-sized enterprises (SMEs). The International Labor Organization (ILO) partnered with Iraq’s Ministry of...

Gold Prices Steady in Baghdad, Rise in Erbil Markets

Gold prices remained stable in Baghdad while showing upward movement in Erbil markets, highlighting ongoing trends in Iraq’s precious metals sector. Analysts note that...

Iraq Dollar Prices Rise Amid Market Movements

Dollar prices in Iraq climbed steadily across Baghdad and Erbil, reflecting shifts in domestic and global financial trends. Investors and currency traders responded quickly...

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