By John Lee. The Central Bank of Iraq (CBI) has reported a significant increase in its gold reserves, which form a key component of the country’s foreign reserves. During the second quarter of 2025, …
Turkish floating plant operator to start suppling electricity to Iraq
Karpowership, one of the world’s largest operators of floating power plants, said on Wednesday it would start providing electricity to Iraq under …
Egypt plans to export electricity to Iraq, Syria, Lebanon
According to Asharq Business, Egypt plans to export electricity to Iraq, Syria, and Lebanon via a 2,000-megawatt underwater cable to Jordan. The new cable will run from the Egyptian city of Taba in …
KRG delegation to meet Iraqi ministers Wednesday over budget issues
A Kurdistan Regional Government (KRG) delegation on Wednesday is set to meet with Iraq’s finance and planning ministers to discuss an agreement on Baghdad’s budget transfers to Erbil and the handover …
Iraq Moves to Boost Non-Oil Revenues
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Sunday to discuss strategies for increasing Iraq’s non-oil revenues and strengthening state finances. Attendees included the …
Iraq’s public revenues and expenditures rise in May
The Central Bank of Iraq reported a rise in public revenues to 46.157 billion Dinars in May, though the month still ended with a deficit of 822 million Dinars.
Can Iraq End State Dependency Amidst its Political Populism?
When the United States invaded Iraq in 2003, Iraq’s population was 26 million; today, it is approaching 48 million. Any visit to Iraq reflects what a different country it has become over 20 years.
Iraq’s public revenues rise in May
The Central Bank of Iraq (CBI) announced on Tuesday that state income and expenditures increased during May 2025.
Iraq’s Rafidain Bank pushes back amid US accusations
ERBIL, Kurdistan Region – The head of Iraq’s state-owned Rafidain Bank has strongly criticized what he described as a “systematic targeting” of the country’s banking sector, claiming it is driven by …
Consortium of six firms to develop Baghdad International Airport
As part of Iraq’s efforts to grow its logistics industry, a consortium was formed to rehabilitate Baghdad International Airport.