Iraq

AI Can Boost Oman’s Development and Vision 2040

AI can boost Oman’s development and Vision 2040. According to AI specialists, integrating AI...

Saudi Arabia Expands Food Logistics at Dammam Port with $53 Million Deal

Saudi Arabia is expanding food logistics capacity with a $53.2 million deal to develop...

Qatar Malaysia Bilateral Cooperation Strengthens at ASEAN-GCC Summit

His Highness the Amir of Qatar Sheikh Tamim bin Hamad Al Thani met...

Saudi Arabia Makes History with Smart Brain Implant Breakthrough—First-of-its-Kind Surgery in the Middle East

In a groundbreaking medical milestone, King Faisal Specialist Hospital in Riyadh has successfully implanted a smart device inside the...

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...

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...

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...

Iraq’s Trade Performance Weakens in Q2 2025

Iraq’s trade performance showed a noticeable decline in the second quarter of 2025, the Central Bank of Iraq (CBI) confirmed on Monday. Analysts highlighted...

Iraq and Turkey Restart Northern Oil Exports After Two-Year Freeze

Iraq and Turkey have agreed to restart exports through the Kirkuk-Ceyhan oil pipeline, ending a freeze that lasted more than two years. The agreement marks...

Iraq’s Industrial Future: Plastic Granules Factory in Babylon

Iraq has taken a bold step toward strengthening its industrial sector with the launch of its first plastic granules factory in Babylon Governorate. The groundbreaking project...

Iraq and Turkiye Reignite Kurdistan Oil Exports After Two-Year Freeze

Baghdad and Ankara have reached a major agreement to restart Kurdistan oil exports after a two-year suspension. This deal signals a turning point in Iraq’s energy...

Iraq Solar Energy Expands With First Industrial Plant

Iraq solar energy takes a major step forward with the launch of the country’s first industrial-scale solar plant in Karbala desert. Moreover, the project...

Housing Investment Boosts Iraq’s Future with Over 632,000 New Units

Iraq’s housing sector investment continues to expand and reshape the nation’s development path. The housing sector investment stands today as the leading driver of...

Iraq and Baker Hughes Launch Major Flare Gas Recovery at Bin Umar

Iraq is taking a significant step in energy efficiency with Baker Hughes, focusing on flare gas recovery at the Bin Umar plant. The flare gas...

UAE Oil Stocks Hit Record Low as Iraqi Supplies Shrink

UAE oil stocks hit record low this week, raising concerns in energy markets across the region. Industry figures showed the sharpest fall in inventories...

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