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Gold Prices Hold Steady in Baghdad as Erbil Market Sees Decline

Gold prices remained near the 1 million IQD mark on Sunday. Gold prices in Iraq showed mixed movement across Baghdad and Erbil markets. Baghdad prices stayed...

Iran Allows Some Iraqi Oil Tankers Through Hormuz as Regional Tensions Continue

Iran has approved passage for some Iraqi oil tankers through the Strait of Hormuz. The move follows repeated requests from Baghdad during ongoing regional...

Iraqi Dinar Gains Ground as Dollar Slips in Baghdad and Erbil

The Dollar falls against dinar trend continued Sunday across Baghdad and Erbil. The US currency traded near 154,000 Iraqi dinars for every $100. Market rates showed...

Iraq Parliament to Question Finance Minister Over Deepening Financial Crisis

Iraq’s financial crisis is set to take center stage in parliament as lawmakers prepare to question Finance Minister Faleh Al-Sari. The minister has asked...

Iran Says Iraq Banking Barriers Removed, $11B Funds in Focus

Iran’s central bank governor says banking barriers between Iran and Iraq have been removed. Abdolnaser Hemmati expects Tehran to access Iranian funds held in...

Oil Prices Hold Near Highs as Hormuz Standoff Keeps Markets on Edge

Oil prices remained close to recent highs Thursday as traders watched tensions around the Strait of Hormuz. The market continues to weigh the outlook...

EBRD Provides $75 Million to Expand Trade Financing in Iraq

The European Bank for Reconstruction and Development has approved up to $75 million in trade financing for Iraq. The facility will support Al Mansour...

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