News Iraq: VOA Kurdish: Aid campaign in Iraqi Kurdistan city suspended due to economic crisis
A financial aid campaign for the Kurdish-led Autonomous Administration of North and East Syria, also known as Rojava, launched two weeks ago in Iraqi Kurdistan's Sulaymaniyah, has been unexpectedly suspended. Aid boxes had been set up across the city, but the organizers have now decided to halt...
News Iraq: Region Trade Bank Becomes First Iraqi Bank to Establish a Board of Global Financial-Integrity Leaders
ERBIL, IQ / ACCESS Newswire / June 30, 2026 / In a move that redraws the standards of Iraqi banking, Region Trade Bank (RTB) has become the first bank in Iraq to establish a Board of Directors composed of internationally recognised leaders in financial ...
News Iraq: Iraq Lifts Oil Output by 80,000 bpd Across Three Key Fields
Iraq’s Dhi Qar Oil Company has raised oil production by a combined 80,000 barrels per day across three strategic southern fields, Nasiriyah, Gharraf, and Saba, IraqiNews reported on Monday, marking ...
News Iraq: Iraq to End Fuel Imports as Domestic Production "Exceeds" Demand
Iraq's Prime Minister has ordered a halt to imports of gasoline, diesel, and kerosene, claiming the country is now self-sufficient, though ongoing imports of high-grade fuel and a massive power deficit raise doubts about true energy independence.
News Iraq: Iraq to allocate $15 billion for delayed projects
Iraq plans to allocate $15 billion in its draft 2027 budget to complete delayed projects while entirely blocking funds for new projects.
News Iraq: Iraq Is Digitising Payments. What Should Come After the Payment?
By Sharareh Abdi. Iraq Is Digitising Payments. What Should Come After the Payment? Iraq's payments market is changing faster than its traditional image as a cash-dominated economy might suggest. According to the Central Bank of Iraq, domestic card-based financial transfers reached more than 58 million transactions in 2024, up 213.6% from the previous year. Their total
News Iraq: Iraq’s financial revenues decline by 42% in June 2026
Iraq's federal budget revenues plummeted to roughly 35.94 trillion Iraqi dinars (approximately $27.45 billion) in June 2026.
News Iraq: Iraq: Employment Rights for People with Disabilities
Both federal Iraq and the Kurdistan Regional Government (KRG) have laws setting a minimum quota of 5 percent of public sector jobs for people with disabilities. A representative from the Iraqi Federal ...
News Iraq: Iraq approves record $153bn budget aimed at creating jobs
Iraq’s parliament has approved a budget of 198.9 trillion dinars ($153bn) for 2023 that sets out record spending on a growing public wage bill and development projects to improve services and rebuild ...
News Iraq: Iraq’s oil fund had UN oversight. Who will monitor Venezuela is TBD.
Iraq’s reconstruction effort had a United Nations mandate, a special inspector general and international monitors overseeing its oil fund — and it still lost track of $8.7 billion. Venezuela’s oil ...
News Iraq: Protecting Foreign Investors from Administrative Corruption in Iraq
By Bayan Al Hashimi. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Protecting Foreign Investors from Administrative Corruption in Iraq A practical legal framework for reducing administrative and compliance risk. Foreign investors considering Iraq usually begin with familiar questions: Is the project commercially viable?
News Iraq: Iraq’s liquidity crisis causes delays in paying public servants
Due to a fall in income from oil, Iraq is experiencing a serious financial and liquidity problem, causing delays in paying state employees.
News Iraq: Iraq lawmakers scrutinize Karbala Refinery contracts amid government anti-corruption drive
Iraqi lawmakers have begun reviewing government contracts suspected of containing inflated costs, as Prime Minister Ali Al-Zaidi intensifies efforts to tighten oversight of public spending and prevent ...
News Iraq: Iraq's 'Marriage Loan' Mystery Fuels Scrutiny Over Alleged Money Laundering Scheme
Audit findings and legal experts raise concerns over billions of dinars tied to fictitious marriages and loopholes allegedly exploited for illicit financial transfers.
News Iraq: CBI-U.S. Treasury Understanding Signals New Phase in Iraq's Financial Modernization
Iraqi PM Ali al-Zaidi says the CBI-U.S. Treasury understanding advances banking reform, strengthens investor confidence and supports Iraq's global financial integration.
News Iraq: Exclusive: Iran War Has Cost Iraq $45 Billion
The financial adviser to Iraq's prime minister, Mazhar Mohammed Saleh, estimated that the Iran war has cost Iraq between $40 billion and $45 billion, driven by a sharp decline in oil exports and the suspension of development projects the government had planned to pursue. In an interview with MBN, Saleh said the figure represents what…
News Iraq: IMF expects severe contraction in Iraq’s economy in 2026
The IMF projected on Thursday that Iraq's economy will be the most hit by oil and transportation disruptions in the Middle East in 2026.
News Iraq: Iraq is emerging as the Middle East’s strategic connector – but can it turn foreign competition into advantage?
Iraq has pursued friendly relations with many countries who are themselves at odds. The strategy has lots of upside for war-torn Iraq – but holds key risks as well.
