Iraq

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...

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 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...

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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...

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Iraq Banking Reform Plan Gains Government Support

Iraq banking reform plan gains government support as Prime Minister Mohammed Shia Al-Sudani meets with top banking leaders. He described reform as essential for...

GCC tax shift drives fiscal sustainability

The GCC tax shift marks a new era in the region’s economic strategy. Gulf countries now prioritize fiscal stability and long-term growth. Previously known for low taxes,...

Iraq boosts young financial talent through future leaders training

Iraq has taken another step in developing future financial leaders. The Central Bank of Iraq partnered with Bahrain's BIBF to train its young professionals....

Iraq Economic Reform Gains World Bank and IMF Support

Iraq economic reform gained new momentum as the finance minister and Central Bank Governor attended key meetings in Washington. Minister Taif Sami Mohammed and...

Iraq Economic Growth Forecast Cut Amid Global Changes

Iraq’s economy is facing new challenges as the International Monetary Fund predicts a contraction this year. The latest report highlights a 1.5 percent decline,...

Iraq Enforces Forex Regulation Compliance With License Cancellation

Iraq continues its push for forex regulation compliance by taking strict actions against violators. Recently, the Central Bank of Iraq revoked the license of Taiba Land...

Iraq: Dollar Prices Drop in Baghdad and Erbil

The value of the US dollar fell slightly against the Iraqi dinar in both Baghdad and Erbil. This drop comes after weeks of exchange...

Iraq’s Economy Faces US and Iran Pressures

Iraq’s economy faces US and Iran pressures, shaping its financial policies and trade relationships. A discussion at the London School of Economics (LSE) explored...

Iraq Sees US Dollar Exchange Rate Drop Again

The US dollar exchange rate in Iraq continued to fall, affecting currency markets in Baghdad and Erbil. In Baghdad’s Al-Kifah and Al-Harithya stock exchanges,...

US Dollar Exchange Rate Increases in Iraq After Extended Decline

The US dollar exchange rate has risen in Iraq after a prolonged decline. the exchange rate for the US dollar compared to the Iraqi...

Iraq Strengthens Gold Reserves, Ranking Among Top in Arab World

Iraq has secured a strong position in the Arab world’s gold market, with reserves reaching 162 tons, according to Central Bank Governor Ali Al-Alaq....

Strengthening Public Finances and Financial Markets in Iraq: The Opportunity

Iraq has achieved upper-middle-income status due to its oil wealth, with public revenues heavily reliant on oil. However, the private sector remains underdeveloped, and...