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.
Exclusive-Chevron seeks better terms from Iraq before taking over Lukoil oilfield, sources say
By Dmitry Zhdannikov and Aref Mohammed BASRA/LONDON, Jan 27 – U.S. oil major Chevron is pushing Iraq to improve returns on the giant West Qurna 2 oil field as a condition for buying the project from …
Pursuing Reform: Q&A With Iraq’s Central Bank Governor Ali Muhsen Al-Allaq
The governor of the Central Bank of Iraq, Ali Muhsen al-Allaq, speaks to Global Finance about the main challenges and top priorities for the bank. Global Finance: Iraq went through decades of wars and …
Iraq’s Al-Khair initiative: 1,000 new loans to empower youth entrepreneurs
The Supreme Council for Youth, in partnership with the Central Bank of Iraq, launches the Al-Khair initiative to provide loans to 1,000 young entrepreneurs.
Iraq to Nationalize West Qurna 2 Oilfield Operations, Government Says
The Iraqi cabinet has approved nationalizing the petroleum operations in the West Qurna 2 oil field, in accordance with the provisions of a service contract signed with Russia’s Lukoil, the government …
Iraq to nationalise West Qurna 2 oilfield operations, government says
The Iraqi cabinet has approved nationalising the petroleum operations in the West Qurna 2 oil field, in accordance with the provisions of a service contract signed with Russia’s Lukoil, the government …
Trump rejects comparisons between Venezuela, Iraq: ‘This time, we’re going to keep the oil’
President Trump rejected comparisons to the Iraq war and said the US intends to “keep the oil” as part of its Venezuela operation, framing the move as a way to rebuild the country’s energy sector and …
Iraq To Begin Enhancing Its Neglected Air Defense In 2026
Acquiring KM-SAMs in the near future and Meteor-armed Rafales in the foreseeable future will provide Iraq with the most capable national air defense its had in 35 years.
Iraq’s IDC drills and reclaims 237 oil wells in 2025
The Iraqi Drilling Company (IDC) drilled and reclaimed a total of 237 oil wells in 2025, contributing to the country’s production plans.