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Inflation is rising in Iraq

Iraqi Ministry of Planning announced Inflation rate

The Iraqi Ministry of Planning has announced the inflation rate during the month of June 2018 by 0.6% as compared to the month of May 2018. A spokesman of the ministry, Abdul-Zahra ...
Internet Service Stopped in Iraq

Internet Service stoppage and protests caused 3 deaths

Most parts of Iraq experienced Internet service stoppage for the 2nd day in a row. It generated protests in the country and protesters demanded better internet services. Iraqi people ...
Iraq will reject an Iranian request to use local currencies

Iraq should reject Iranian request to Trade in Local Currencies: Expert

A famous economic expert Majid Al-Suri issued a press interview that Iraqi approval of an Iranian request to change trade currency between both countries. Point to be noted that Iran ...
CBI Reserves

Rise in the Foreign Exchange Reserves of CBI

On Sunday, the Iraqi Central Bank has announced the increasing development in the foreign exchange reserves to 55.7 billion U.S dollars for the month of June 2018. A press statement ...
electricity projects in Iraq

New development for Electricity Projects from Iraqi Government

The Iraqi Ministerial Committee on Energy has discussed ways to provide the necessary fuel for electric power plants, and treatment of emergency shutdowns in the energy system during ...
CBI signed MOU with Yunin B international

CBI Governor has signed a new MOU with Yunin B

The Governor of Iraqi Central Bank Mohsen Al-Alak has signed an MOU (memorandum of understanding) with Yunin International International in order to participate to the development of ...
Iraqi Oil Ministry

Floating Oil Island will increase Iraqi Oil Exports: Oil Ministry

The SOC (Basra based South Oil Co.) will build a floating oil island off the coast of Al-Faw Peninsula to enhance its capacity of export by more than 2 million barrels per day. The ...
Iraqi Supreme Court

Iraqi Supreme Court ordered for Manual Counting of Votes: IHEC

The recount and manually sorting have been decided by the Independent High Electoral Commission. The process will be according to the decision of Iraqi Federal Court. An urgent meeting ...
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