Eco - MN iraq News

Eco 11 May 2026

Qi Card Acquires Al-Qurtas Islamic Bank: A Transformative Shift in Iraq's Financial Landscape

In a move considered one of the most significant shifts in Iraq's financial sector, Qi Card has announced the acquisition of Al-Qurtas Islamic Bank, p...

Entry of Spiver Italian Paints into Iraq… New Global Standards in Paint Quality and Finishes

The construction and finishing materials sector in Iraq is witnessing a significant transformation with the official entry of Spiver Italy into the Ir...

OPEC Revises Downward Global Oil Demand Growth Projections Amid Geopolitical Tensions

The Organization of the Petroleum Exporting Countries (OPEC) has revised downward its projections for global oil demand growth in its latest monthly r...

Integrity Commission Discusses Anti-Corruption Cooperation with Russian Ambassador

The President of the Federal Integrity Commission, Mohammed Ali Al-Lami, received the Ambassador of the Russian Federation to Iraq, Elbrus Kutrashev,...

Ministry of Transport Continues Construction of Largest Boat Marina on Shatt Al-Arab

The General Company for Maritime Transport announced that construction work on the largest boat marina along the banks of Shatt Al-Arab is progressing...

Hajj and Umrah Commission to Refund Registration Fees to Unsuccessful Applicants

The Supreme Commission for Hajj and Umrah announced its decision to fully refund registration fees to applicants who were not selected in the electron...

Dollar Exchange Rates Decline in Local Markets with Notable Stability in the Gold Market

Local currency markets witnessed a continued decline in the exchange rates of the US dollar against the national currency across various governorates,...

Iraq Intensifies International Efforts to Recover Smuggled Funds and Wanted Corrupt Individuals

The Federal Integrity Commission has announced the drafting of international memorandums of understanding aimed at recovering looted Iraqi funds and e...

Economic Reports Detect a Significant Increase in the Money Supply and Indicators of Rising Financial Hoarding

Analytical readings of official banking data revealed a significant increase in the money supply in Iraq over the past four years, with an increase ex...

Increase in Large Denomination Money Supply Signals Negative Economic Indicators in the Iraqi Market

Recent economic analyses based on official financial data have revealed a significant increase in the volume of the money supply over the past four ye...

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