Deliver 250 Thousand Barrels Per Day to Baghdad

Al-Ghadban: The Region will Deliver 250 Thousand Barrels Per Day to Baghdad Starting Next Year

Today, Thursday, Oil Minister Thamer Al-Ghadban announced that the Kurdistan region will deliver 250,000 barrels per day to the federal government starting next year, while stressing Iraq’s commitment to what is being reached in OPEC + from a reduction in exports to ensure the stability of global oil prices. The official Al-Sabah newspaper, quoting Al-Ghadban, […]

Iraqi Dinar to US Dollar Exchange Rates

Iraqi Dinar to US Dollar Exchange Rates 12 December 2019

Iraqi Dinar, US Dollar, Exchange Rates, December, Kifah Stock Exchange, Local Markets Dollar Exchange Rates on The Kifah Stock Exchange and Local Markets The exchange rates of the dollar stabilized on the Kifah Stock Exchange and local markets, today, Thursday (12 December 2019). The prices of the Kifah Stock Exchange – Baghdad recorded 120.750 dinars […]

Ministry of Commerce

Iraq was Elected Chairman of The Intellectual Property Commission for The Arab Free Trade Zone

Today, Wednesday, the Ministry of Commerce announced the details of the first meeting of the Intellectual Property Committee within the framework of the Greater Arab Free Trade Area in the Arab League, pointing to the election of the Deputy Director General of the Department of Foreign Economic Relations, Musab Osama, as permanent chairman of the […]

The Stability of The Exchange Rate of The US Dollar Against The Iraqi Dinar

The Stability of The Exchange Rate of The US Dollar Against The Iraqi Dinar

The exchange rates of the dollar stabilized on the Kifah Stock Exchange and local markets, today, Wednesday, (December 11, 2019). The prices of the Kifah Stock Exchange – Baghdad recorded 120.750 dinars per 100 dollars. Buying and selling prices in banking shops: The sale price of the dollar = 121.250 dinars. The purchase price of […]

An Iraqi Oil Company Invests More Than $3 Billion in Iraq

An Iraqi Oil Company Invests More Than $3 Billion in Iraq

Majid Jafar, CEO of the Iraqi-based Crescent Petroleum, said on Tuesday that the company is investing more than $ 3 billion in Iraq. He added during a meeting in a conference in Abu Dhabi, “We have invested more than three billion dollars in Iraq over the past ten years, and this rate is increasing.” In […]

The 2020 Budget will be Built on The Basis of The New Government Program

Parliamentary Finance: The 2020 Budget will be Built on The Basis of The New Government Program

Member of the Parliamentary Finance Committee Haneen Al-Qaddou revealed on Tuesday that there is a trend to reformulate the 2020 budget law to be in line with the new government program, indicating that the caretaker government cannot set the economic program for a full year. Al-Kiddu said in a statement to “Information” that “passing the […]

Iraq is The Second Largest Importer of Iranian Goods

Iraq is The Second Largest Importer of Iranian Goods

The Iranian Customs Authority announced, on Tuesday, that exports of non-oil commodities were recorded at $ 27 billion in 8 months during the period of March 21 to November 22, 2019, while Iraq ranked second in the list of importers of goods. Customs data stated that the volume of exports of non-oil goods in the […]

Oil Prices Drop Due to Trade War Fears

Oil Prices Drop Due to Trade War Fears

Oil prices fell, on Tuesday, for the second consecutive session, as the negative effects of the prospects of slowing global demand overshadowed the advantages of OPEC’s agreement with partner producers at the end of last week to increase crude production cuts in early 2020. Brent crude futures fell 11 cents, or 0.2 percent, to $ […]

The Dollar Exchange Rates in The Al-Kifah Exchange and The Local Markets Increased Slightly

The Dollar Exchange Rates in The Al-Kifah Exchange and The Local Markets Increased Slightly

The dollar exchange rates on the Kifah and local markets rose slightly on Tuesday (10 December 2019). The prices of the Kifah Stock Exchange in Baghdad were 120,750 dinars per 100 dollars. Buying and selling prices in banking shops: The sale price of the dollar = 121.250 dinars. The purchase price of the dollar = […]

Parliamentary Finance Reveals The Fiscal Deficit in Next Year's Budget

Parliamentary Finance Reveals The Fiscal Deficit in Next Year’s Budget

The Parliamentary Finance Committee revealed, today, Tuesday, a deficit of 48 trillion dinars in the budget for next year, considering that this deficit will hinder the passage of the budget law in the specified period. “There is a search for new financial resources in order to support the budget, which is estimated at more than […]