Geopolitical stakes are enormous, with China now managing two-thirds of Iraq’s oil production and the U.S. and allies ramping up multi-billion-dollar energy investments to counter Beijing’s dominance.
Iran expands it ‘shadow empire’ across Middle East as Trump pulls troops from Iraq, Syria
Iran has built parallel military infrastructure across Syria and Iraq over decades, creating a shadow empire that security analysts fear will grow stronger as the U.S. withdraws.
Rabee Securities Iraq Stock Exchange Index rises 1.0% in September
The Rabee Securities Iraq Stock Exchange Index (RSISX Index) increased by 1.0% in September, outperforming several regional markets. Key contributors to the index’s growth included National Bank of …
Iraq increases gold reserves to163 tons
The Prime Minister’s Advisor for Financial Affairs revealed on Saturday that Iraq’s gold holdings have climbed to around 163 tons.
Iraq’s gold reserves surge to 163 tons: PM advisor
ERBIL, Kurdistan Region – Iraq’s gold reserves have increased by about 10 tons, but its foreign currency reserves are down, an advisor to the prime minister told Rudaw on Saturday. Iraq’s gold …
Iran escalates proxy ops in Middle East as Trump begins pulling troops from Iraq
US withdrawal from Iraq poses serious threat of a power vacuum as Iran has drastically expanded is operations across Syria and Iraq.
Iraq activates contract with BP to develop Kirkuk oilfields, initial target of 328,000 bpd
The contract sets an initial production target of 328,000 barrels per day, with further increases expected through field development, Iraq’s oil minister Hayan Abdel-Ghani said …
Iraq activates BP deal to develop four oil fields in Kirkuk
ERBIL, Kurdistan Region – Iraq on Thursday officially activated a contract with British energy giant BP to develop four key oil fields in Kirkuk and rehabilitate associated gas facilities. Baghdad …
Turkmenistan and Iran sign deal to supply gas to Iraq. Iran will build pipeline to aid delivery
ASHGABAT, Turkmenistan (AP) — Turkmenistan and Iran on Wednesday signed a contract for the delivery of 10 billion cubic meters a year of Turkmen gas that Iran will then ship on to Iraq. The deal was …
Central Bank of Iraq Launches Digital Payment Campaign
By John Lee. The Central Bank of Iraq (CBI)’s Basra branch has launched the campaign “Your Transport is Easier … with Easier Payment” in cooperation with electronic payment companies operating in …