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Oil Minister Basim Mohammed Khdeir Al-Abbadi affirmed on Thursday the necessity of increasing and sustaining crude oil production from Kirkuk's four fields, alongside enhancing gas production and inve...
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Oil prices declined Thursday, as investors evaluated progress in talks between Iran and Oman. These discussions are seen as potentially paving the way for a US-Iran agreement to end a five-month confl...
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The Gini and JD.com partnership serves as a robust economic catalyst for Iraq's e-commerce sector growth. This collaboration will drive genuine expansion in the Iraqi digital economy, increasing contr...
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Maximo Torero, Chief Economist at the United Nations Food and Agriculture Organization (FAO), warned that the world faces a new wave of food price inflation. He attributed this to Middle East and Ukra...
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The Ministry of Trade announced on Wednesday that it has secured the food basket with a strategic reserve sufficient to cover the country's needs for three months. The Ministry emphasized its adoption...
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Gold prices continued their ascent for the third consecutive day on Wednesday, buoyed by a weaker US dollar and falling oil prices. Investors are closely anticipating key US jobs data to gauge the Fed...
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A document reviewed by an international news agency indicates the Iraqi Oil Marketing Company (SOMO) is offering discounts on Basra crude for August loading to attract buyers for shipments from within...
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Gold prices rose on Monday amidst an oil price decline, after US President Donald Trump cancelled a potential attack on Iran. This aimed at a swift agreement, easing inflation concerns and the likelih...
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The Ministry of Labour and Social Affairs announced on Sunday the launch of the social aid payment for August 2026. This disbursement targets over 2.046 million families across Baghdad and all governo...
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The OPEC+ alliance plans to approve a boost in oil production quotas by approximately 188,000 barrels per day, effective next September. Informed sources indicate this decision will be followed by sus...
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