By John Lee. The Iraqi Cabinet has approved the recommendations of the committee tasked with reviewing and addressing issues related to locally produced and imported industrial oils, as part of …
A decade into the Iraq-Kurdistan Region salary crisis: A deeper look behind the numbers
In late May 2025, the Federal Government of Iraq’s Ministry of Finance issued an official letter claiming that the Kurdistan Region’s total expenditures – including public servant salaries – had been …
US to partially evacuate embassy in Iraq as Iran tensions rise
The price of oil initially increased more than 4% when news of the US evacuation broke, in anticipation of regional insecurity potentially leading to supply problems. Around 2,500 US troops are based …
Airspace closures in Iraq and region disrupt global flight routes
Global airlines on Friday cancelled flights to Tel Aviv, Tehran and other Middle East destinations, or rerouted planes, as airspaces …
Iraq closes Baghdad’s Green Zone after Israeli-Iranian escalation
The Iraqi government temporarily closed Baghdad’s fortified Green Zone on Friday, citing rising regional tensions after Israeli attacks on Iranian sites. The high-security area, which hosts key […] …
US warns citizens against all travel to Iraq
ERBIL, Kurdistan Region – The United States on Thursday updated its travel advisory for Iraq and called on citizens to avoid traveling to the country “for any reason” as regional tensions mount and …
Baghdad receives 100 US requests to participate in Iraq Investment Forum
The preparatory committee for the Iraq Investment Forum has received 100 requests from the United States to participate in the forum.
World Bank forecasts 1.2% economic growth for Iraq in 2025
The World Bank forecasts 1.2% economic growth for Iraq in 2025, a recovery from 2024. Growth expected to accelerate to 4.4% in 2026. Regional outlook included.
Italy’s Eni monitoring Iraq’s security situation
Italy’s Eni is closely monitoring the security situation in Iraq, a spokesperson for the energy group said on Thursday after the United States decided to evacuate its embassy in the country.
Iraq’s foreign exchange reserves rise in May
According to the CBI, Iraq’s foreign reserves as of May 22 amounted to $98.83 billion (128.47 trillion Iraqi dinars), up from $97.94 billion (127.32 trillion Iraqi dinars) on May 1. These reserves …