Business

Business

British Maritime Trade: Unknown Projectile Hits Cargo Ship in Hormuz

British Maritime Trade Operations Authority announced that a bulk cargo ship was hit by an unknown projectile in the Strait of Hormuz, causing damage to its hull. The…

Aug 15, 2026

Business

Arrival of 500 Million Dollars to Iraq

A responsible source revealed the arrival of a new batch of cash dollars to Iraq worth 500 million dollars. The arrival of this batch comes within the framework…

Aug 6, 2026

Business

Oil Minister Emphasizes Need to Increase Production of Kirkuk Fields

Oil Minister Bassem Mohammed Khadir al-Abadi discussed on Thursday the development of the four Kirkuk oil fields. The minister stressed the need to increase oil production and enhance…

Aug 6, 2026

Business

Judiciary seizes properties worth 69 billion dinars in oil corruption case

The Nineveh Investigative Court issued judicial decisions to seize nine commercial properties and three flour mills in Mosul, with a total value reaching 69 billion Iraqi dinars. The…

Aug 6, 2026

Business

Al-Zaydi Calls on Iraqi Businessmen in America to Invest in Nineveh Plains

Iraqi Prime Minister Ali Falih al-Zaydi called on Iraqi businessmen in the United States, especially from the Christian community, to invest in the education, health, oil sectors and…

Aug 6, 2026

Business

Iraqi Finance Ministry Requires Full Treasury Rights Settlement for Payment of Convicts' Amounts

The Iraqi Finance Ministry stated that any mechanism for settling the financial amounts owed by convicts must ensure full recovery of public treasury rights, emphasizing that judicial procedures…

Aug 6, 2026

Business

Iraqi oil rises to highest level in five‑month high

Iraqi oil prices recorded a noticeable rise in global markets today Wednesday, amid a lack of official clarifications on the impact on the general budget. According to available…

Jul 15, 2026

Business

Economic expert calls for diversifying Iraq's revenues away from oil

An economic expert called for accelerating tax and customs reforms to reduce Iraq's reliance on oil revenues, which constitute most of the state budget. Ahmed Al-Askar, a specialist…

Jul 14, 2026

Business

Iraqi oil prices rise to more than $55 per barrel

Iraqi oil prices recorded a noticeable rise in global markets today Tuesday, according to daily trading data. The average Basra crude price reached $55.22 per barrel, while the…

Jul 14, 2026

Business

Judiciary Recovers 375 Kilograms of Gold in Oil Ministry Agent Case

Iraqi judiciary recovered 375 kilograms of gold in the case of the Oil Ministry's Liquidation Affairs Agent, Adnan al-Jumaili, who is currently detained. The investigating judge of the…

Jul 13, 2026

Business

Prime Minister Ali Falih al-Zaydi departs for Washington at the head of a governmental and economic delegation

Prime Minister Ali Falih al-Zaydi departed Baghdad early this morning heading to Washington at the head of a governmental and economic delegation comprising five ministers, advisors, and members…

Jul 13, 2026

Business

Interior Ministry Denies Existence of 600,000 Employees Receiving Double Salaries

The spokesperson for the Ministry of Interior denied the existence of any employee receiving double salaries following statements by the head of the Federal Public Service Council. The…

Jul 12, 2026

Business

Iraqi Foreign Minister Discusses Economic and Security Files with Kuwait

Iraqi Foreign Minister Fuad Hussein discussed several economic and security files during his official visit to Kuwait, including freezing funds deposited in Kuwaiti banks belonging to suspects in…

Jul 9, 2026

Business

Iraqi oil prices record a slight rise in global markets

Iraqi oil prices recorded a slight increase during daily trading in global markets today Tuesday, according to available information. The data indicated that the average Basra crude price…

Jul 7, 2026

Business

Basra crude oil prices decline in global trade

Basra crude oil prices declined during today's daily trading in the global market on Monday, according to available information. The data showed that the average Basra crude fell…

Jul 6, 2026

Business

Oil prices see limited stability amid US-Iran talks

Oil prices recorded limited stability during the current week, amid market anticipation of developments in negotiations between the United States and Iran and their potential impact on global…

Jul 5, 2026

Business

Decline in Iraqi Oil Prices in Global Markets

Iraqi oil prices recorded a decline today, Saturday, in daily trading on the global market, according to available information. The data showed a drop in the average Basra…

Jul 4, 2026

Business

Washington resumes transferring Iraqi oil revenues to Baghdad

Available information indicates that the administration of US President Joe Biden has resumed transferring Iraqi oil revenues to the Iraqi government, after a halt that lasted several months.…

Jul 3, 2026

Business

Iraqi oil prices decline in global markets

Iraqi oil prices declined in global markets during Friday's trading, according to available information. The average Basra crude fell to $62.07 per barrel, while heavy Basra crude was…

Jul 3, 2026

Business

Kurdistan Delegation Arrives in Baghdad to Resume Salary Talks

A high-level delegation from the Kurdistan Regional Government arrived in Baghdad today Thursday, headed by Omid Sabah, President of the Regional Council of Ministers' Office, with the aim…

Jul 2, 2026

Business

Iraqi and global oil prices decline in today's trading

Iraqi oil prices recorded a slight decline during today's trading in the global market, amid fluctuations in international markets. According to available information, the price of average Basra…

Jul 2, 2026

Business

Ministry of Trade Suspends General Manager of the General Company for Grain Manufacturing for 60 Days

Minister of Trade Mustafa Nizar issued a decision to suspend the General Manager of the General Company for Grain Manufacturing, Muhsin Muhammad Namis, from his position for 60…

Jul 1, 2026

Business

Trump Announces Meetings with Iran and Decline in Oil Prices

Former U.S. President Donald Trump announced that he held meetings which he described as excellent with the Iranian side, noting a decline in global oil prices. Trump did…

Jul 1, 2026

Business

Foreign vessel runs aground in Strait of Hormuz after deviating from Iranian navigation route

Available information as of Wednesday indicates that a foreign vessel ran aground in the Strait of Hormuz after deviating from the navigation route specified by Iranian authorities. Iranian…

Jul 1, 2026

Business

Economic expert criticizes lack of unified strategy for managing Iraqi economy since 2003

Baghdad - Iraq: Economic expert Saleh al-Khafaji warned of what he described as the "strategic error" in managing Iraq's economic decision since 2003, noting the absence of a…

Jul 1, 2026

Business

Supreme Judicial Council denies issuing Interpol notice against former interior minister

The Iraqi Supreme Judicial Council announced its denial of issuing any notice requesting Interpol to return former Interior Minister Abdul Amir al-Shammari to the country on charges of…

Jun 30, 2026

Business

Vance: Trump Seeks to Use Memorandum of Understanding to Re-supply Global Oil

Vice President JD Vance confirmed today, Tuesday, that President Donald Trump seeks to use the memorandum of understanding to re-supply the global economy with oil, with verifiable nuclear…

Jun 30, 2026

Business

Al-Dhari Calls for Comprehensive Investigation into Looted Funds Since 2003

The secretary-general of the Iraqi National Project, Jamal al-Dhari, called for including anti-corruption measures in all files of public money theft, waste, and smuggling since 2003 until today.…

Jun 28, 2026