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Armenian Ambassador: Iraq is Key Economic Partner in the Middle East

On Tuesday, Ruben Soghoyan, the Ambassador of the Republic of Armenia to Iraq, highlighted Iraq’s significance as a key economic partner in the Middle...

Iraq Holds One of the Largest Gold Reserves in the Arab World

Iraq’s Central Bank Governor, Ali Al-Alaq, confirmed today that the country holds 162 tons of gold, ranking among the highest reserves in the Arab...

Iraqi Ministry of Justice Settles $1 Billion Arbitration Dispute with German Company

The Iraqi Ministry of Justice announced on Tuesday that it successfully resolved a $1 billion arbitration dispute with a German company, AHG, concerning a...

Iraqi Oil Ministry Signs Deal with BP to Develop Kirkuk Oilfields

The Iraqi Ministry of Oil announced on Monday that it has signed a deal with British Petroleum (BP) to develop four oilfields in the...

US Dollar Exchange Rates Fall Slightly Against Iraqi Dinar

On Tuesday, the exchange rates of the US Dollar against the Iraqi Dinar edged lower in both Baghdad and Erbil markets. In Baghdad, the rates...

Basrah Crude Prices Rise Despite Global Oil Price Decline

On Tuesday, Basrah crude oil prices saw a slight increase, even as global oil prices experienced a downturn. Basrah Heavy crude rose by $0.20, reaching...

Oil Prices Decline Amid U.S. Recession Concerns and OPEC+ Supply Adjustments

Oil prices dropped for a second consecutive day on Tuesday, as mounting fears over a potential U.S. recession, the global economic impact of tariffs,...

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