Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

Iraq to produce 7 million tons of wheat this season

Baghdad (IraqiNews.com) – The Iraqi Minister of Agriculture, Abbas Al-Maliki, said on Wednesday that Iraq is expected to produce seven million tons of wheat during the current season. Al-Maliki’s remarks took place during his meeting with the British Prime Minister’s Trade Envoy to Iraq and President of the Iraq Britain Business Council (IBBC), as well as a group of researchers, academics, and specialists in the field of agriculture in the British capital, London, according to a statement issued by the Ministry of Agriculture.
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International firms compete for 30 energy projects in Iraq

Baghdad (IraqiNews.com) – In its effort to boost the national economy and attract foreign investments, the Iraqi Ministry of Oil revealed a new round of oil exploration and production licenses, aiming to attract international energy companies to carry out 30 strategic projects in various areas of Iraq. International companies taking part in Iraq’s oil and gas sector withdrew due to security, political, and technical challenges; however, the Iraqi government seeks to stimulate this sector and re-attract investments by providing a suitable investment environment and encouraging strategic partnerships with major companies.
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Turkish exports to Iraq expected to reach $16 billion in 2024

Shafaq News/ The chairman of the International Association of Industrialists and Businessmen in Turkiye and Iraq, Nawaf Kalij, disclosed on Saturday that Turkiye's exports to Iraq surpassed $25 billion over the past two years, with a potential to reach $16 billion in 2024. Kalij explained to Shafaq News Agency the "diligent efforts of Turkish businessmen to expand foreign trade with Iraq," considering Iraq, a key importer of Turkish products "known for their superior quality and high demand in the Iraqi commercial market."
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Iraq, Turkey to elevate security, economic ties after Erdogan visit

BAGHDAD, April 22 (Reuters) - Turkish President Tayyip Erdogan said relations with Iraq were entering a new phase after the neighbours agreed to cooperate against Kurdish militants, boost economic ties via a new trade corridor and consider Iraq's needs for access to scarce water. Erdogan was in Iraq on a long-awaited visit, the first by a Turkish leader since 2011, following years of strained relations as Ankara ramped up cross-border operations against PKK militants based in mountainous, mainly Kurdish northern Iraq.
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The World Bank: Conflict and Debt in the Middle East and North Africa

The Middle East and North Africa (MENA) region is expected to grow modestly in 2024, returning to the low growth that prevailed in the decade before the pandemic. In addition to examining the macroeconomic outlook of the region, this edition of the semi-annual MENA Economic Update, titled Conflict and Debt in the Middle East and North Africa, includes two special sections. The

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Iraq Needs a New Kind of Partnership With the United States The Path to Sustainable Cooperation. By Mohammed Shia al-Sudani

Two decades ago, the United States assisted the Iraqi people in overthrowing the dictatorial regime of Saddam Hussein and laying the foundations for a democratic system. It enabled Iraqis to taste freedom for the "first time, eliminating the oppression and the misuse of resources that had caused problems not only for my country but also for the region more broadly. Since the

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The Iraqi National Economy

Iraq Needs a New Kind of Partnership With
Two decades ago, the United States assisted the Iraqi people in overthrowing
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What Biden and Sudani Need to Start the
To move beyond the years-long focus on Iran and the Islamic State,
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Iraq’s Development Road: Geopolitics, Rentierism, and Border Connectivity.
SUMMARY Iraq’s Development Road project aims to create an Iraqi transborder transportation
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Oil & Gas Policy

Taking Advantage of a Window of Opportunity in
By outlining a strategy for the Mutually Beneficial Joint Development and Monetization
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Why Iraq’s oil tanker ambitions have not
Shipping is one of many sectors where Iraq is still playing catch-up
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Turkmenistan Eyes Lucrative Gas Deal With Iraq
By Eurasianet – Oct 14, 2023, 10:00 AM CDT   Turkmenistan is in discussions
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Can Iraq Finally Become A Global Petrochemicals Powerhouse?
With its vast oil and gas resources, there is no fundamental reason
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