The RSISX Total Return Index (RSISXTR) outperformed, rising 6.4 per cent, driven by strong dividend activity. Key contributors included Bank of Baghdad (IQD0.65 per share …
Iraq to Boost Summer Power Supply through Karpowership Deal
By John Lee. Iraq’s Council of Ministers has approved direct contracting with Turkiye’s Karpowership Group to enhance electricity supply during the high-demand summer period. The contracts will add …
Iraqi parliament presidency slams finance ministry for blocking KRG salaries
ERBIL, Kurdistan Region – The Iraqi parliament’s presidency on Wednesday expressed its “deep regret” over the federal finance ministry’s decision to stop sending salaries for over a million Kurdistan …
Iraqi parliament presidency slams finance ministry for blocking KRG salaries
ERBIL, Kurdistan Region – The Iraqi parliament’s presidency on Wednesday expressed its “deep regret” over the federal finance ministry’s decision to stop sending salaries for over a million Kurdistan …
KRG accuses Baghdad of ‘collective punishment’ over unpaid salaries
The Kurdistan Region’s Council of Ministers on Wednesday accused the Iraqi government of imposing a “siege” on the Region by withholding public sector salaries, leaving over a million civil servants …
UK’s Agrium Capital to Build Infant Formula Plant in Iraq
By John Lee. The Iraq Development Fund has reportedly signed a memorandum of understanding with British firm Agrium Capital to establish Iraq’s first modern infant formula production facility, with a …
How Iraqi militias laundered money for Iran through global payment networks
US and Iraqi authorities revealed a complex scheme involving prepaid cards that funneled illicit funds to Iranian-backed terror militias.
How Iraqi militias siphoned billions from Visa and Mastercard for Iran
US and Iraqi authorities revealed a complex scheme involving prepaid cards that funneled illicit funds to Iranian-backed terror militias.
How Iran-backed militias exploited Visa and Mastercard to siphon dollars out of Iraq
US sanctions loopholes and weak oversight helped militias profit from card schemes as Washington and Baghdad race to contain the damage.
Iraq reaffirms commitment to supporting Lebanon
The Iraqi Prime Minister reaffirmed Iraq’s continued support for the Lebanese people as well as Lebanon’s internal political consensus.