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Monday, September 7, 2026
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Economy

Iran Accelerates Qasr-e Shirin Zone to Expand Iraq Trade

Iran is moving ahead with a major border development aimed at strengthening trade with Iraq. The Qasr-e Shirin trade zone is gaining new infrastructure and investment...

Dollar Holds Firm in Baghdad as Erbil Market Edges Higher

The dollar rates in Iraq remained steady in Baghdad on Sunday morning. Erbil, however, recorded a modest increase in dollar prices during early trading. Market activity...

CBI Initiative Directs $1.69 Billion Toward Large Iraqi Projects

Iraq’s CBI lending initiative directed about $1.69 billion toward large investment projects during 2025. The funding formed part of a broader four-trillion-dinar program launched by the...

Iraq Becomes Major Destination for Syria’s Higher-Value Exports

Iraq is becoming an important market for Syrian exports as Damascus shifts toward higher-value products. Syria is moving away from selling mainly raw materials and expanding...

Iraq Car Sales Fall 28.6% as Economic Pressures Hit Consumers

Iraq’s car sales decline reached 28.6% during the first half of 2026. Official dealerships sold 59,264 new vehicles during the period. The sharp decline reflects growing...

Iraq’s Economy Faces Pressure as Non-Oil Activity Weakens

Iraq’s non-oil economic slowdown is raising concerns despite a nearly 10% increase in money supply. Inflation has remained close to 3% since the beginning of the...

Iraq’s 100% Leave Salary Plan Raises Major Fiscal Questions

Iraq’s 100% leave salary proposal is drawing attention as lawmakers consider new rules for public employees. The proposal would allow some government workers to take long-term...

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