Iraqi dinars are stacked at a teller’s window in the Babylon Bank in Najaf. Iraqi government and private banks have recorded an increase in financial deposits. Continue reading “Iraqi Banks See Increase in Financial Deposits” »
More than 600 accredited international monitors will observe Iraq’s general election on April 30th, the Independent High Electoral Commission (IHEC) said Monday (April 7th). Continue reading “Iraq Political News: International monitors to observe Iraq’s election” »
Thousands of Iraqi parliamentary candidates on Tuesday (April 1st) kicked off their campaigns in preparation for the elections which are now less than a month away.
Continue reading “Iraq Election News: Parliamentary election campaigns kick off in Iraq” »
The IMF team also consulted with representatives of Iraqi private sector and diplomatic community in Amman. The mission reviewed recent macroeconomic developments and the current fiscal and monetary issues. This work will help prepare the 2014 Article IV consultation with Iraq later in the year. Continue reading “Iraq Economic News: IMF update on outlook for Iraq” »
Iraq bought 36 metric tons of gold this month valued at about $1.56 billion in the largest purchase by a nation in three years. Continue reading “Iraq Buys $1.56 Bln of Gold, Biggest Purchase in 3 Years” »
The Iraqi capital last week welcomed dozens of companies from more than 10 countries to Project Iraq, an international energy and construction exhibition aimed at furthering investment and development in the country. Continue reading “Construction, energy exhibition brings international expertise to Iraq” »
Iraq’s oil production surged to its highest level in over 30 years last month, surprising skeptics of the country’s efforts to restore its oil industry after decades of war and neglect. Continue reading “Iraq’s Oil Output Surges to Highest Level in Over 30 Years” »
Indonesia is getting closer to securing supply of 300,000 barrels of oil per day from resource-rich Iraq after high-ranking officials from both countries met in Bali on Tuesday.
Iraq is reclaiming its rank as the world’s fastest-growing oil exporter, cushioning consumers from Libyan supply outages for now and, perhaps, reviving OPEC market share rivalries down the road. Continue reading “Iraq Oil News: Iraq returns as world’s fastest-growing oil exporter” »
Iraq and Sri Lanka entered into an economic co-operation agreement covering various activities following two days of meetings last week in Baghdad of the Sri Lanka- Iraq Joint Committee for Economic and Technical Co-operation. Continue reading “Iraq Economic News: Iraq, Sri-Lanka sign economic co-operation agreement” »