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Economy

Iraq’s Inflation Rises 0.8% in August Amid Higher Food and Housing Costs

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’s Exports and Imports Decline in Q2 2025

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

Gold prices climbed in Baghdad and Erbil

Gold prices in Baghdad and Erbil climbed this week, reflecting growing demand and changing market conditions. Traders and consumers are adjusting quickly to fluctuations...

Iraq dinar strengthens as dollar prices fall in Baghdad and Erbil

The Iraq dinar strengthens as dollar prices fall in Baghdad and Erbil, giving relief to traders and consumers. The local currency showed gains against...

Iraq faces pressure as oil prices fall

Iraq faces pressure as oil prices continue to decline, creating serious challenges for the national budget. The government depends on crude exports for nearly...

Iraq Toyota warehouse center

Toyota has opened a new warehouse and inspection center in Duhok, a major city in northern Iraq. The project strengthens Iraq Toyota warehouse center...

Iraq Gas Import Plan Blocked by US Decision

Iraq gas import plan faces new obstacles after Washington stopped approval for a major deal. The project aimed to bring Turkmen gas through Iran...

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