Iraq

Iraqi Customs Revenue Set to Exceed $3 Billion as Digital System Boosts Collections

Iraqi Customs Revenue is expected to exceed $3 billion as customs collections continue to rise. The increase follows major changes in Iraq's customs operations....

Iraq Central Bank Rejects Claims About Newly Printed Banknotes and Currency Redenomination Plans

Iraq currency redenomination reports have sparked confusion after claims circulated about newly printed banknotes with zeros removed. The Central Bank of Iraq rejected the...

Iraqi Customs Revenue Set to Exceed $3 Billion as Digital System Boosts Collections

Iraqi Customs Revenue is expected to exceed $3 billion as customs collections continue to rise. The increase follows major changes in Iraq's customs operations....

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Iraqi Customs Revenue Set to Exceed $3 Billion as Digital System Boosts Collections

Iraqi Customs Revenue is expected to exceed $3 billion as customs collections continue to rise. The increase follows major changes in Iraq's customs operations....

Mercedes-Benz Iraq Signs Agreement with Erbil Chamber to Strengthen Business Ties and Create Local Opportunities

Mercedes-Benz Iraq has signed a memorandum of understanding with the Erbil Chamber of Commerce and Industry. The agreement aims to strengthen business cooperation and...

Iraq Central Bank Rejects Claims About Newly Printed Banknotes and Currency Redenomination Plans

Iraq currency redenomination reports have sparked confusion after claims circulated about newly printed banknotes with zeros removed. The Central Bank of Iraq rejected the...

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Duqm Port Gains Strategic Importance as Global Supply Chains Shift Toward Secure and Diversified Trade Routes

Duqm Port strengthens its position as a major logistics hub as global trade routes continue to evolve. As supply chains face growing challenges, Duqm...

Iraq and Uzbekistan Strengthen Economic Relations Through New Trade Committee and Planned Joint Business Council Initiative

Iraq Uzbekistan Trade relations entered a new phase following the signing of a cooperation agreement between the two countries. The agreement aims to strengthen...

Sustainable Rice Production Expands Across Najaf Through Advanced Mechanised Farming Techniques

Sustainable rice production is gaining attention in Najaf as farmers explore modern farming methods. The new approach aims to reduce water consumption and improve...

Iraq Dollar Exchange Rate Declines in Baghdad and Erbil

The Iraq dollar exchange rate declined on Thursday as the US currency opened lower in both Baghdad and Erbil markets. The latest movement reflects continued fluctuations...

French Consulate General Organizes World Music Day Event to Promote Music and Cultural Understanding in Erbil

Erbil joined cities around the world in celebrating World Music Day through a cultural event organized by the French Consulate General in the Kurdistan...

Gold Prices Stay Stable in Baghdad While Erbil Markets Record Modest Gains Across Key Gold Categories in Iraq

Gold prices remained stable in Baghdad and recorded slight increases in Erbil on Tuesday, according to a market survey conducted across major gold trading...

Iraq 2035 Vision Focuses on Non-Oil Growth and Private Sector Expansion

Iraq aims to raise non-oil revenues as part of a broad strategy to diversify the economy and reduce dependence on crude oil exports. The...

Iraq to Open Nasiriyah International Airport Within Months to Boost Tourism, Trade, and Regional Development

Iraq is preparing to open Nasiriyah International Airport within the next few months as part of its efforts to strengthen the country’s transport infrastructure,...

Iraq Expands Sulphur Export Strategy to Global Markets

Sulphur exports Iraq is gaining momentum as Iraq strengthens its industrial trade network. Moreover, the State Oil Marketing Organization (SOMO) confirmed new shipments heading...

Hormuz Oil Tankers Carry Iraqi and Emirati Crude Through Strategic Waterway Despite Rising Regional Tensions

Hormuz oil tankers carrying Iraqi and Emirati crude exited the Strait of Hormuz despite rising regional tensions and ongoing shipping disruptions linked to the...

Iraq Records Rising Imports and Falling Exports as China Trade Surplus Narrows Sharply

Iraq-China trade became more imbalanced in 2025 as imports increased and export revenues declined. This shift reshaped the overall trade relationship between Iraq and China. Official data from...

UK Iraq Deal Strengthens Economic, Energy, and Infrastructure Cooperation Between London and Baghdad

The UK Iraq Deal drives a major economic shift between London and Baghdad. In addition, both governments announced a $15 billion trade and investment...