Eco - MN iraq News

Eco 19 Jul 2026

Parliamentary Finance Committee Discusses Delayed Promotions and Contract Salaries with the Ministry of Finance

The Parliamentary Finance Committee hosted the Director General of the Accounting Department at the Ministry of Finance to discuss the issues of promo...

Iraqi Oil Ministry Unveils Strategic Plan to End Gas Imports and Diversify Export Routes

Minister of Oil Basim Mohammed Khudhair unveiled Iraq's ambitious efforts to end associated gas flaring by the close of 2028 through parallel developm...

Central Bank of Iraq Announces the Return of Seven Banks to the Global Financial System

The Governor of the Central Bank of Iraq, Nizar Nasser Hussein, announced the reinstatement of seven local banks into the global financial system afte...

Global Economic Shifts Redraw the Balance of Power, Ending the Unipolar Era

The international system is witnessing rapid and fundamental shifts that are redrawing the global balance of power, as the exclusive role of military...

Oil Prices Surge Markedly Amid Escalating Military Tensions in Waterways

Oil prices, particularly Brent crude, have recorded a significant increase, reaching peak levels not seen in weeks. This surge is driven by escalating...

Continued Decline in US Dollar Exchange Rates in Local Markets

US dollar exchange rates have continued their noticeable decline in the local financial markets. Trading recorded a new drop, with the selling price r...

Economic Calls to Diversify Iraqi Oil Export Routes to Avoid Geopolitical Crises

Oil sector experts have emphasized the importance of leveraging Iraq's geographical location to diversify its crude oil export routes, warning against...

Cancellation of Hajj Lottery Registration Fees and Electronic Refund of Collected Amounts

The Head of the Supreme Commission for Hajj and Umrah has issued a directive to cancel the requirement of paying administrative and technical service...

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,...

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