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IMF Projects Iraq as Fourth-Largest Arab Economy by 2030

The International Monetary Fund (IMF) has projected that Iraq will rank as the fourth-largest economy in the Arab world by 2030. The forecast highlights Iraq’s steady growth, driven...

Iraq Signs Deal with Excelerate Energy to Build Floating Gas Platform

Under the auspices of Prime Minister Mohammed Shia al-Sudani, Iraq signs a deal with US-based Excelerate Energy to build a floating natural gas platform....

Gold Prices Fall in Baghdad and Erbil Markets

Gold prices fell in both Baghdad and Erbil, reflecting a slight decline in Iraq’s precious metals market. According to a survey, the prices of...

Dollar Prices Rise in Baghdad, Remain Stable in Erbil Markets

The US dollar strengthened against the Iraqi dinar in Baghdad, while exchange rates in Erbil remained largely stable, according to a recent survey conducted....

Hyundai Begins Gasoline Production Trial at Basra Refinery

South Korea’s Hyundai Engineering and Construction Company (Hyundai E&C) has started trial gasoline production at the Basra Refinery in southern Iraq after completing major construction works. The milestone...

Gold Prices Decline in Baghdad and Erbil Markets

Gold prices in Iraq edged lower this week, with both Baghdad and Erbil markets showing minor declines. Analysts said the change reflects normal market fluctuations influenced...

US Dollar Edges Lower Against Iraqi Dinar in Baghdad and Erbil

The US dollar fell slightly against the Iraqi dinar in Baghdad and Erbil this week, reflecting minor fluctuations in Iraq’s foreign exchange market. Traders attributed the...

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