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Economy

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...

Gold Prices Decline in Baghdad and Erbil Markets

Gold prices in Iraq edged lower this week, with both Baghdad and Erbil markets showing minor declines. Analysts said the change reflects normal market fluctuations influenced...

US Dollar Edges Lower Against Iraqi Dinar in Baghdad and Erbil

The US dollar fell slightly against the Iraqi dinar in Baghdad and Erbil this week, reflecting minor fluctuations in Iraq’s foreign exchange market. Traders attributed the...

Iraqi Markets at a Standstill Amid Internal and External Pressures

Economy in Iraq has entered a period of slowdown driven by both domestic weaknesses and external instability, the Baghdad Chamber of Commerce said. The...

Jordanian Exports to Iraq Reach $844 Million in First Eight Months of 2025

Jordanian exports to Iraq rose by 6.4% during the first eight months of 2025, totaling 599 million dinars ($844 million), according to the Jordanian...

Gold Prices Steady in Baghdad and Erbil

Gold prices remained steady across Iraq’s main markets, showing no major changes in Baghdad or Erbil. Traders reported that both wholesale and retail rates...

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