The Central Bank of Iraq (CBI) reports an 8.43% increase in domestic public debt, reaching 90.695 trillion dinars by the end of 2025. Discover the causes of the surge.
Oil Prices Leap Higher as Iraq Shuts Down Production At Giant Oil Fields
Iraq has begun curtailing oil production at key southern fields, including Rumaila, while West Qurna 2 is also shutting in roughly 460,000 barrels per day, according to Iraqi oil officials.
UNDP: Operationalizing the Humanitarian-Development-Peace Nexus in Iraq
Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Operationalizing the Humanitarian-Development-Peace Nexus in Iraq Iraq is a …
‘We have been preparing’: Why the boots on the ground in Iran could be Kurdish
Iranian Kurdish opposition groups in exile in northern Iraq tell the BBC they have plans to cross the border but deny already doing so.
Turkey Says It Is Closely Following Actions of Iranian Kurdish PJAK Militant Group
Turkey, a NATO member and Iran’s neighbour, is currently working on securing peace with the outlawed Iraq-based Kurdistan Workers Party (PKK) militant group. Ankara also backs the integration of …
How Chevron’s New Deals Could Transform Iraq’s Production Outlook
Chevron replaces Russian firms in key Iraqi oil fields, taking over West Qurna 2 and major new developments after U.S. sanctions forced Lukoil and Rosneft out.
NATO shoots down Iranian missile headed toward Turkey’s airspace
NATO air defenses shot down an Iranian ballistic missile heading toward Turkish airspace, the country said Wednesday. Launched from Iran, the missile passed through the airspace of Iraq and Syria …
Iraq’s public revenues hit $94 billion in 2025
The Iraqi Ministry of Finance announced on Wednesday that the total income in the 2025 federal budget topped $94.7 billion.
The Changing Perceptions of Iraq
You could be forgiven for thinking that Iraq is only dependant on oil and is a country struggling with conflict. However, reality has moved on from old perceptions and scarcely reflect the recent …
The Changing Perceptions of Iraq
You could be forgiven for thinking that Iraq is only dependant on oil and is a country struggling with conflict. However, reality has moved on from old perceptions and scarcely reflect the recent …