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Economy

Gold Prices Rise Across Baghdad and Erbil Markets

Baghdad – Gold prices rose in Iraq, continuing an upward trend in Baghdad and Erbil markets. Traders reported that gold reached around 1.06 million...

Dollar Rises in Baghdad and Erbil

Baghdad – The US dollar rose sharply in Iraq, reaching new levels in Baghdad and Erbil. Traders reported that the dollar climbed past the...

Iraq Builds New Clean Energy Projects to Improve Power and Jobs

Baghdad – Iraq is taking significant steps to expand clean energy projects across the country. Shanghai SUS Environment, a Chinese company, will lead the...

Iraq Grants 1,867 Industrial Project Licences Across Multiple Sectors

Iraq issued 1,867 licences for new industrial projects during 2025, demonstrating strong industrial growth and investment opportunities. Ali Ibrahim, Director General of the General...

Iraq Contributes 0.4% to Global GDP Growth

Iraq contributes 0.4% to global GDP growth, highlighting its growing role in the world economy. The International Monetary Fund (IMF) reports that Iraq ranks fifth...

Iraq Boosts Nasiriyah Oil Field Output to 90,000 Barrels

Iraq has significantly increased production at the Nasiriyah oil field, raising output from 52,000 to 90,000 barrels per day. This boost supports Iraq’s ongoing...

Global Oil Prices Slip as Brent Falls to 65.91 and WTI to 61.83 Ahead of US-Iran Talks

Global oil prices retreated as markets reacted to political signals and currency strength. Moreover, traders adjusted positions amid diplomatic expectations. Therefore, energy markets entered...

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