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Economy

Iraq’s Stock Market Shows Resilience Amid Summer Challenges

Iraq’s stock market continues to demonstrate strength, even as extreme summer heat and frequent power cuts affect trading volumes. The Rabee Securities U.S. Dollar...

Iraq’s Economy Set to Contract in 2025 Before Strong Recovery

Iraq’s economy is projected to shrink by 0.9 percent in 2025, according to the World Bank, marking a downward revision of 2.3 percentage points...

Iraq Faces Growing Budget Strain as Oil Revenues Decline

Iraq faces a serious growing in financial challenge as oil revenues fail to cover the government’s monthly expenses. The economic observatory ECO Iraq revealed...

Iraq Launches $6 Billion Renewable Energy Drive

Iraq launched a $6 billion renewable energy drive to expand its clean power capacity and cut dependence on traditional fuels. The initiative marks a...

Iraq Drives Financial Transformation with Three Key Projects

The Iraqi financial transformation is moving forward with great momentum as the Central Bank of Iraq (CBI) launches three major projects to modernize the nation’s banking...

New Water Facility Will be Launched in Northern Baghdad

Iraq has inaugurated a major water facility to improve access to clean water in northern Baghdad. The Al-Zohour Central Water Project now provides essential...

Iraq Launches Credit Guarantee Fund to Boost SMEs

Iraq has launched a Credit Guarantee Fund to empower small and medium-sized enterprises (SMEs). The International Labor Organization (ILO) partnered with Iraq’s Ministry of...

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