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Iraq’s Tourism Boom: Revenues Hit $5.7 Billion Amid Rapid Growth

Iraq’s tourism growth has entered a new phase, transforming the country into one of the fastest-rising travel destinations in the region. As new figures show,...

Iraq Faces $10 Billion Services Deficit in First Half of 2025

Iraq’s economy is under mounting pressure as the country’s services deficit surged to $10 billion during the first half of 2025. The latest Balance of Payments...

Babylon Boosts Economy and Tourism with 5-Star Hotel and Industrial City

Babylon has launched a bold Babylon economic and tourism drive to transform its historical and economic landscape. The local government in Babil Governorate is pushing several...

Saudi Company Partners with Iraq to Upgrade Power Plants and Efficiency

Iraq’s Ministry of Electricity is boosting power efficiency by signing a cooperation deal with Saudi Arabia’s Continuous Nitrogen Services. The agreement targets improvements in the country’s...

Jordan to Increase Electricity Supplies to Iraq to 200 Megawatts

Jordan plans to raise electricity supplies to Iraq to 200 megawatts. Officials highlighted this step as part of broader cooperation in the energy sector....

Iraq’s Central Bank Boosts Gold Reserves to Historic Levels

Baghdad, September 24, 2025 – Iraq’s central bank has achieved a historic milestone by significantly increasing its gold holdings, reaching unprecedented levels. Analysts confirm that...

Basra Refinery Mega-Project Nears Completion, Boosting Iraq’s Oil Industry

The Basra refinery project is moving rapidly toward completion, promising a major boost to Iraq’s oil sector. Moreover, Japanese Ambassador Akira Endo confirmed the $4.8 billion initiative...

Iraq’s Oil Revenue Surges Past $7 Billion in August Amid Strong Export Performance

Iraq’s oil exports reached new heights in August, generating revenues of more than $7 billion. Iraq’s oil exports remained robust, reflecting strong production and stable global...

Al-Sadr: Assassination Claim is a Fear-Mongering Effort

With Iraq’s November elections approaching, Patriotic Shiite Movement leader Muqtada al-Sadr strongly addressed the assassination claim. Political rivals amplified tensions, and the assassination claim...

Baghdad Approves Kurdistan Salaries After Revenue Transfer Deal

Baghdad will release Kurdistan salaries following the latest revenue-sharing agreement, officials confirmed on Wednesday. The Kurdistan Regional Government (KRG) completed all preparations to distribute public sector...

Baghdad and Erbil Move to Restart Kurdish Oil Exports After Long Pause

Baghdad is preparing to resume Kurdish oil exports after reaching a comprehensive deal with the Kurdistan Regional Government (KRG). The agreement signals a major step toward...

Iraq Launches First Subcritical Nuclear System to Boost Science and Energy Future

Iraq took a major step in scientific advancement today as Naim Al-Aboudi, Minister of Higher Education and President of the Iraqi Atomic Energy Commission,...

Basrah Crude Prices Dip as Iraq, Kurdistan Move to Restart Oil Pipeline

Basrah crude prices fell on Tuesday, reacting to global oil market trends and local developments. Investors followed news that Iraq’s federal government and the...

Inflation in Iraq Rises Slightly in August Amid Mixed Price Trends

Iraq’s inflation rate became a central topic again in August as the numbers revealed a small but important increase. The Ministry of Planning confirmed...

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