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Economy

Iraq Strengthens Ties Through Tax Agreements with Focus on Double Taxation

Iraq takes a step toward deeper global cooperation by targeting double taxation agreements with key international partners. In addition, the Cabinet approved a plan allowing the Minister...

Iraq Boosts Industry with Public-Private Partnerships for Local Product Development

Iraq strengthens local industry with new public-private partnerships. The Iraqi-made products initiative gains momentum as the Ministry of Industry and Minerals pushes forward. In addition, the General...

Iraq Expands Pharmaceutical Production to Cut Costs and Boost Healthcare

Iraq is pushing forward with its plan to grow local drug manufacturing. This national effort already helps save over $1 billion each year. The Iraq...

Iraq Lowers Poverty Rate to 10.8% Through Multidimensional Poverty Reform

Iraq multidimensional poverty, Iraq continues to make progress in poverty reduction. The government announced a drop in the national poverty rate to 10.8% by...

Iraq Gold Prices Rise in Baghdad, Gold Market Holds Steady

Gold prices rise in Baghdad has become the key trend in Iraq’s jewelry markets. While the capital saw a noticeable increase, prices in Erbil...

Iraq’s Financial Revenues Top $35B as Oil Income Dominates

The financial revenues in Iraq have surpassed $35 billion within the first five months of 2025. This impressive figure highlights Iraq’s continued reliance on oil as...

Iraq’s Dollar Exchange Rates Climb in Baghdad and Erbil Markets

The dollar exchange rate in Iraq continues to show upward movement, signaling ongoing volatility in the financial market. On Wednesday, the price of the US dollar...

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