Iraq economy news in English covering oil, energy, investment, markets, trade, banking and public finance developments across the country.
BaghdadElectricity Minister Ali Saadi Wahib has ordered ministry teams to implement urgent technical and field measures in response to rising summer demand and limits on importe…
IraqIran’s Supreme Leader Ali Khamenei said there will be no safe place for US bases in the Middle East. In a message to pilgrims, he also called on Islamic countries to stre…
BaghdadThe second stage of the Iraq Professional Basketball League will conclude today with six matches in Baghdad and Duhok. In the group leaders section, Sabis-Neftu’l Shimal,…
BaghdadPolitical sources say five armed groups in Iraq are preparing to lay down their weapons and hand them over to Iraqi authorities. The move is intended to answer U.S. condi…
IraqA new study has found that ordinary Wi-Fi routers, when paired with artificial intelligence, can identify people with high accuracy. The technology can determine who some…
IraqWhatsApp Business’ test version will no longer keep forwarded messages anonymous. When a message is forwarded, the original sender’s name and phone number will now appear…
IraqIran’s Islamic Revolutionary Guard Corps said it shot down an MQ-9 unmanned aerial vehicle during a U.S. attack on southern Iran. The Guard said the target was hit after …
BaghdadIraq’s General Meteorological Authority said Tuesday will be partly cloudy across the country, with cloud cover likely to increase in some areas. It said light showers ma…
IraqRussian Federal Security Service chief Aleksandr Bortnikov said a range of methods were used to neutralize some of Iran’s top officials. He said the targets’ locations we…
BaghdadTemperatures across Iraq are expected to rise gradually through the week, with the peak due on Thursday. A sharp drop in temperatures is forecast from Friday, while north…
BaghdadIraq’s oil prices fell as global markets fluctuated, with Basra heavy crude dropping to $99.20 a barrel, down $4.66, or 4.49%. Basra medium crude also declined to $101.30…
BaghdadGold and silver fell after new U.S. strikes on targets in Iran lifted oil prices and renewed concerns about inflation pressures. Spot gold dropped 0.7% to $4,537.54 an ou…
BaghdadBrent crude futures rose about 2% in early Asian trading after US strikes on southern Iran. Brent climbed to $97.56 a barrel, while US crude edged up to $91.25. US Centr…
IraqDisputes over the division of Cabinet posts in Iraq continue to shake political alliances. It was announced that Ahmet Asadi has left the Construction and Development Coa…
IraqIraq’s Foreign Ministry marked the 45th anniversary of the Gulf Cooperation Council by highlighting the importance of security and cooperation in the region. In a message…
IraqGold prices fell after new US attacks on Iran pushed oil higher and strengthened expectations of renewed inflation pressure and interest rates staying elevated for longer…
IraqSpain’s Health Ministry said hantavirus infection has been confirmed in a passenger brought back from abroad, and the patient is in medical isolation in Madrid. That rais…
IraqNew U.S. strikes inside Iran weakened expectations that Washington and Tehran could soon reach an agreement, pushing oil prices higher and adding to market jitters. Brent…
BaghdadIraq's Foreign Ministry said the stability of the Gulf states is an inseparable part of Arab national security. It said Iraq views the security of the Gulf states as a co…
IraqU.S. President Donald Trump said in a social media post that enriched uranium will either be sent directly to the United States for processing and destruction, or destroy…
