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Parliamentary Finance Committee Reassures Employees: Your Salaries Are Secured

The Parliamentary Finance Committee confirmed that employees' salaries are secured and the budget is pending the formation of the government, while indicating that Iraq needs more than seven trillion...

Al-Azm Alliance Welcomes Nechirvan Barzani's Visit to Baghdad: Gateway to Decisive Understandings

Azam Al-Hamadani, spokesman for the Al-Azm Alliance, welcomed on Tuesday (May 5, 2026) the visit of Kurdistan Region President Nechirvan Barzani to Baghdad, considering it an important national step t...

Political Paralysis Deepens Economic Crisis: Five Months of Government Vacuum Amid "Political Money" and Quota System

Political analyst Salih Rashid has identified four primary reasons hindering the Coordination Framework from finalizing its candidate for the Prime Minister's post, despite possessing the necessary pa...

The Stalled "Vehicle Scrapping" Project in Iraq: Lack of Funding and Conflicting Interests Halt Progress

Economic expert Ahmed Al-Tamimi clarified on Monday the underlying reasons behind the stalled implementation of the old vehicle scrapping policy in Iraq, despite the initiative being proposed years ag...

The Three Presidencies Announce National Initiative for Comprehensive Dialogue Among Political Forces to Address Accumulated Crises

The three presidencies in Iraq announced today, Friday, the launch of a comprehensive national initiative for an expanded national dialogue that includes all political forces and parliamentary blocs,...

Baghdad and Erbil Reach Preliminary Agreement on Oil Exports via Turkish Ceyhan Port

An informed government source reported today that the federal government in Baghdad and the Kurdistan Regional Government have reached a preliminary agreement that paves the way for resuming crude oil...

Dollar Exchange Rate Stabilizes at 1,310 Dinars in Iraq's Official Transactions

The Central Bank of Iraq announced on Thursday, April 23, 2026, that the exchange rate of the U.S. dollar against the Iraqi dinar remained stable at 1,310 dinars per dollar, within the framework of th...

Iran Grants Field Commanders Broader Authority Over Iraqi Militias

Sources from within Iran-backed Iraqi militias revealed on Tuesday (April 21, 2026) that Tehran has granted its field commanders broader authority to operate without prior approval for military operat...

IMF Issues Warnings Regarding a Sharp 6.8 Percent Contraction of the Iraqi Economy

In its latest Regional Economic Outlook report, the International Monetary Fund (IMF) issued a stern warning regarding Iraq's growth trajectory, projecting a severe economic contraction of up to 6.8%...

IMF Warns: Middle East Conflict Threatens Global Economy and Iraqi Oil Exports

The International Monetary Fund (IMF) and the World Bank issued a highly critical joint warning on April 14, 2026, regarding the potentially catastrophic repercussions of the ongoing conflict in the M...

Xiaomi and Oppo Unveil New Smartphones with Advanced Tech Specs

The smartphone market witnessed significant activity in mid-April 2026 as Chinese tech giants Xiaomi and Oppo launched their latest device iterations. Xiaomi officially unveiled its highly anticipated...

How are Gulf and Iraqi Economies Affected by Regional Complexities?

An analytical report by CNBC Arabia, based on IMF figures, stated that oil-exporting countries in the Middle East are experiencing an economic paradox. On one hand, their budgets benefit from high oil...