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Economy

Baghdad Airport Development Attracts Global Investment

Iraq is advancing efforts to modernize Baghdad International Airport as several international consortia submit bids. The Ministry of Transport announced that three major consortia...

Iraq Reviews KPMG Collaboration with Banks

Iraq’s Prime Minister, Mohammed Shia al-Sudani, met with KPMG officials to review the company’s cooperation with Iraqi banks. The meeting focused on enhancing transparency,...

Iraq Gold Prices Steady in Baghdad, Rise in Erbil

Gold prices in Iraq remain steady in Baghdad while showing a slight increase in Erbil. The stability in Baghdad reflects ongoing demand from investors...

Dollar Prices Stabilize in Baghdad, Fall in Erbil

The US dollar exchange prices stabilize in Baghdad while falling slightly in Erbil, according to recent market surveys. In Baghdad, the central Al-Kifah and...

Iraq Industrial Bank to Finance Projects from National Investment Forum

Iraq’s Prime Minister Mohammed Shia’ Al-Sudani led a meeting focused on boosting funding for projects under the Industrial Bank Initiative. The session included the...

Iraq Gold Reserves Rise as Foreign Currency Reserves Decline

Iraq’s gold reserves continue to rise, showing growing confidence in the country’s precious metal holdings. Meanwhile, its foreign currency reserves are falling, reflecting pressure...

Iraq Banking Crisis Deepens as Lending Freeze Exposes Fragile Financial System

Iraq banking sector is entering a difficult phase as a lending freeze threatens the country’s fragile financial system. State-owned banks are cutting loans and...

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