Saudi Arabia and Iraq

A Branch of Iraqi Commercial Bank approved by Saudi Arabia

The Iraq-Saudi relations have shown a new move of financial collaboration after granting the Iraqi Commercial Bank to open a branch in the Saudi Kingdom. A Saudi official informed that ...
Continuous Rise in the Oil Prices

Financial situation in Iraq is much better due to Oil Prices: Saleh

One of a senior government adviser to the Iraqi Prime Minister Haider Al-Abadi issued a statement about the Iraqi financial situation and foreign loans & debt. The economic adviser ...
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 ...
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 ...
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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