Economy

Iraq is moving toward a digital economy by replacing cash with E-payments shift. The government plans to end cash use in all institutions and...

Iraq declared Babylon as the Industrial Capital of Iraq, a move that signals a new chapter in national growth. Prime Minister Mohammed Shiaa Al-Sudani announced...

The USD/IQD Exchange Rates continued its gradual decline against the Iraqi dinar in both Baghdad and Erbil this week, signaling a modest shift in...

Gold prices in Iraq continued to rise this week, with markets in Baghdad and Erbil recording notable increases. A recent survey by Shafaq News...

Iraq's ministry of Justice settles $800 million dispute, successfully resolving a major international legal conflict with three Dutch companies and protecting the state treasury from significant...

Iraq’s inflation rate increased by 0.8% in August, reversing a slight 0.1% decline recorded in July, the Ministry of Planning reported on Tuesday. Spokesperson Abdul...

Iraq experienced a decline in both exports and imports in the second quarter of 2025, the Central Bank of Iraq (CBI) reported. The figures...