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Economy

Saudi Investment in Al-Anbar Gains New Momentum

Saudi investment in Al-Anbar is moving forward after years of stalled plans. Local officials confirmed that the province will open its vast resources to...

Iraq Development Road Project Targets $17B Non-Oil Future

Iraq is moving forward with its $17 billion Development Road Project. Officials describe it as the backbone of a new non-oil economy. The project...

Iraq Debt Manageable Despite Economic Warnings

Iraq’s government has confirmed that the country’s debt level remains manageable despite concerns about the economy. According to officials, repayment plans are in place,...

Iraq Records $50B Revenue in Seven Months

Iraq has reported strong financial results for the first seven months of 2025. According to the Ministry of Finance, federal oil revenues surpassed 72...

Iraq buys Italian Truck-Mounted Lifts

Iraq buys Italian truck, taking a major step to improve its electricity services by purchasing new lifting equipment. The Electricity Department confirmed the arrival...

Iraq Imports $1B Turkish Goods in One Month

Iraq continues to strengthen its trade ties with Turkey through increasing imports. In a recent trade report, Iraq ranked fifth among the largest buyers...

Iraq dollar exchange rate rises slightly

The US dollar moved higher against the Iraqi dinar on Tuesday. Exchange rates in both Baghdad and Erbil showed small but clear gains. In Baghdad,...

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