More than 90 percent of Iraq’s government revenue comes from oil, leaving the country hostage to global prices.
Iraq’s overreliance on oil threatens economic, political strife
More than 90 percent of Iraq’s government revenue comes from oil, leaving the country hostage to global prices.
In Iraq, water crisis leaves farmers clinging to sidr trees
Faced with a failing date palm business due to scarce resources, Iraqi farmer Ismail Ibrahim has planted “sidr”, or jujube, trees which require far less water during an irrigation crisis. Iraq is part …
High deposit growth boosts assets of Iraq’s banks to $156.7bln
Total assets of commercial banks in Iraq went up by 15.1% year-on-year to $156.7 billion at the end of 2023, driven mainly by the 15.3% increase in deposits to $101.9 billion, Rabee Securities noted.
Iraq signs a contract with Iran to import gas for 5 years
The Iraqi Ministry of Electricity announced on Wednesday that a new five-year gas import contract had been signed with Iran.
America, Iran, and the Patron’s Dilemma
As a result, Iran, through its axis clients—including Hezbollah in Lebanon, the Houthis in Yemen, and Shiite militias in Iraq and Syria—has tried to walk a fine line between responding to the demand …
Iraq sings a contract with Iran to import gas for 5 years
The Iraqi Ministry of Electricity announced on Wednesday that a new five-year gas import contract had been signed with Iran.
Iraq sings a contract with Iran to import gas for 5 years
The Iraqi Ministry of Electricity announced on Wednesday that a new five-year gas import contract had been signed with Iran.
Where will the buck stop over Iraq?
What if the pudding is a disaster? Those thoughts came to mind while listening to President Bush’s latest observations on the US military involvement in Iraq which is now entering its sixth year. With …
Iraq signs 5-year gas supply deal with Iran, says state media
Iraq signed a 5-year gas supply deal with Iran, with pumping rates of up to 50 million cubic meters per day according to the needs of Iraqi power stations, state media reported on Wednesday.