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Maersk Introduces New Surcharge for Ships Passing Through Strait of Hormuz

Maersk surcharge measures have taken effect as the global shipping company introduces new fees for vessels passing through the Strait of Hormuz. The move...
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Iraq Economy Faces Mounting Pressure as War Disrupts Oil Exports

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Iraq Banking Moves Closer to a Mobile-First Financial System Through Digital Innovation and Customer-Focused Banking Solutions

Iraq banking continues moving toward a digital future as financial institutions focus on expanding mobile services and increasing customer trust. Iraq banking remains in...
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Gulf Energy and Trade Routes Face Lasting Changes After Strait of Hormuz Crisis

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Maersk Introduces New Surcharge for Ships Passing Through Strait of Hormuz

Maersk surcharge measures have taken effect as the global shipping company introduces new fees for vessels passing through the Strait of Hormuz. The move...

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Maersk Introduces New Surcharge for Ships Passing Through Strait of Hormuz

Maersk surcharge measures have taken effect as the global shipping company introduces new fees for vessels passing through the Strait of Hormuz. The move...

Iraq Economy Faces Mounting Pressure as War Disrupts Oil Exports

Iraq economy remains under growing pressure as the regional conflict continues to disrupt oil exports and government finances. The latest developments have deepened economic...

Iraq Banking Moves Closer to a Mobile-First Financial System Through Digital Innovation and Customer-Focused Banking Solutions

Iraq banking continues moving toward a digital future as financial institutions focus on expanding mobile services and increasing customer trust. Iraq banking remains in...

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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...

Iraq Growth Outlook 2026: IMF Forecasts Top 5 Arab Economy with Steady Expansion Through 2030

Iraq growth outlook gains strong momentum as new forecasts point to steady expansion and rising global standing. On Monday, the International Monetary Fund highlighted Iraq’s improving...

Iraq Recovers More Than $1.2 Billion in Major Anti-Corruption Push

Iraq’s anti-corruption campaign delivered one of its strongest results yet, as the country’s Integrity Commission said it recovered and protected more than $1.2 billion...

Donald Trump Suggests Seizing Iran’s Oil Hub as U.S.-Iran Conflict Escalates

U.S. President Donald Trump said he wants to take Iran’s oil and suggested that American troops could seize the country’s Kharg Island export hub....

Iraq Loses $360K Daily Due to Airspace Closure Amid Regional Conflict

Iraq's airspace is losing approximately $360,000 per day as a result of the suspension of overflights across its airspace. This totals around $10.8 million...

Dollar Steadies Near 154,000 as Iraq Markets Reopen

Iraq dollar rate stabilized near 154,000 dinars per 100 dollars as markets reopened Tuesday following the Eid Al-Fitr holiday. Currency trading resumed in Baghdad...

Wall Street Futures Jump After Trump Delays Iran Strikes

Wall Street futures surged on Monday after U.S. President Donald Trump announced a delay in planned military strikes on Iran. The move helped calm...
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