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Economy

Iraq Moves to Expand Digital Payments in Government Transactions

The Central Bank of Iraq announced a major step to reduce cash transactions across government offices instead tries to expand digital payments. The program...

Iraq Gold Prices Rise Amid Market Fluctuations

Gold prices in Iraq have climbed steadily across Baghdad and Erbil markets, reflecting shifts in both local and global demand. Analysts noted that gold...

Iraq Earns Over $7 Billion from August Oil Exports

Iraq generated over $7 billion in oil revenue rises in August, the Ministry of Oil reported. Oil exports remain Iraq’s main source of income,...

Iraq Dollar Rates Drop in Baghdad and Erbil

Dollar rates in Iraq drop in both Baghdad and Erbil markets as traders adjusted to new financial conditions. The key factor driving the decline...

Iraq-Turkey Pipeline to Boost Oil Revenue

Iraq has restarted crude exports through the Iraq-Turkey pipeline after more than two years of suspension. Oil Minister Hayan Abdul Ghani confirmed the move on...

Iraq Moves Forward on Kurdish Oil Exports Restart

Iraq is advancing efforts to restart Kurdish oil exports after negotiations between Baghdad, Erbil, and international oil companies. The deal reached its final stages....

Iraq Boosts Economy with Oil Exports Generating $41.8 Billion

Iraq has earned $41.8 billion from oil exports in eight months, showcasing the vital role of oil revenues in the national economy. The State...

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