Eco - MN iraq News

Eco 07 Jun 2026

Al Rafidain Bank Initiates Payment of Reconstruction Bonds Interest

Al Rafidain Bank has announced the commencement of the semi-annual interest disbursements for the second issuance of reconstruction bonds. These bonds...

Significant Drop in Iraqi and Global Oil Prices Amid Market Fluctuations

Iraqi oil prices experienced a decline during daily trading in global markets. Basra Medium crude fell to $71.28 per barrel, while Basra Heavy crude d...

Launch of a Comprehensive Information System to Regulate the Iraqi Labor Market and Reduce Unemployment Rates

Government authorities overseeing the labor and social affairs sector announced their progression in establishing a comprehensive labor market informa...

Government Efforts to Strengthen the Iraqi Dinar Through Economic Diversification and Expanding Electronic Payments

Financial advisory bodies to the Iraqi government confirmed the implementation of a strategic package of measures aimed at preserving the purchasing p...

Ministry of Electricity Launches Campaign to Remove Illegal Grid Connections Amid Significant Power Deficit

The Ministry of Electricity disclosed on Friday a substantial gap between actual power production and domestic demand. The Ministry announced the laun...

Minister of Oil Conducts Inspection Tours to Ensure Smooth Fuel Supply at Stations

The Minister of Oil, Basim Mohammed Khudhair Al-Abadi, conducted a field inspection tour on Friday across several fuel stations to directly supervise...

Economist Reveals Massive Financial Figures for Parliament's Actual Spending and Employee Salary Averages

An economic expert revealed precise details of the actual expenditures of the Parliament and its affiliated bodies, based on official tripartite budge...

Notable Rise in Basra Crude Prices in Global Markets Amid Slight Decline for Brent and WTI

Iraqi oil prices recorded an increase during global market trading, with Basra Medium crude rising to $74.18 per barrel, while Basra Heavy crude reach...

Ministry of Agriculture Launches Rice Seed Distribution Plan for the Summer Season

The Ministry of Agriculture announced the commencement of rice seed distribution to farmers in preparation for the summer cultivation season. Minister...

Iraqi Ports Receive First Commercial Cargo Ship Arriving Directly from China via the Strait of Hormuz

Iraqi ports welcomed the first commercial cargo ship arriving directly from the People's Republic of China via the Strait of Hormuz, marking the firs...

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