Report warns Iraq’s economic crisis has become structural as the government withdraws trillions from state banks to cover salaries.
T964 and Nokia Partner to Upgrade Iraq’s Digital Infrastructure
By John Lee. T964 and Nokia have announced a partnership to modernise Iraq’s telecommunications and digital infrastructure, with the agreement signed during Capacity Middle East. The collaboration …
Iraq to export 1.1M BPD of ‘black oil’ in 2026
Iraq plans to export over 1 million barrels per day of what it calls “black oil” within a drive to increase income in the absence of major non-hydrocarbon sources. “Black oil” in Iraq refers primarily …
Iraq’s premier says he hopes producers will reconsider oil export quota
Eight OPEC+ states to consider output hike on Sunday Iraq’s OPEC envoy says attention focussed on market balance Sudani says Iraq looking to facilitate entry of oil majors BAGHDAD, Sept 6 (Reuters) – …
Traders protest new customs tariffs as Iraq wrestles with shrinking oil revenues
Hundreds of traders and customs clearance company owners have protested in central Baghdad to demand that Iraq’s government reverse new customs tariffs …
Iraq’s Block 9 oil field to receive $346 million boost from new lending facility
Kuwait Energy Basra Limited (KEBL) has secured a $346 million reserve-based financing facility to support the ongoing development of Iraq’s Block 9 oilfield in the country’s south. […] …
EBRD Launches Major SME Support Programme in Iraq
By John Lee. The European Bank for Reconstruction and Development (EBRD) has launched its SME finance and development programmes in Iraq, including the rollout of its flagship Star Venture initiative …
Iraq’s Central Bank to maintain stable exchange rate
Baghdad (IraqiNews.com) – The governor of the Central Bank of Iraq (CBI), Ali al-Alaq, rejected on Tuesday fears over currency swings, saying that Iraq’s currency exchange rate is steady and would not …
Iraq’s financial revenues hit $87.7 billion in 11 months
The country’s financial revenues between January and November 2025 surpassed 114 trillion Iraqi dinars (approximately $87.7 billion).
Iraq enters post-crisis phase as expert warns country is in heart of economic storm
Economic expert Manar Al-Obaidi warns Iraq has moved beyond the financial crisis stage, calling for transparency, anti-corruption action, and urgent reforms to avoid social collapse.