Baghdad (IraqiNews.com) – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, emphasized on Monday the need to support stability and sustain security in the region. Al-Sudani’s remarks took place during his meeting with the Chinese Ambassador to Iraq, Cui Wei, where they discussed bilateral ties and reviewed strategies to develop the economic partnership between Iraq and Chin
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Baghdad (IraqiNews.com) – Days following a visit by a senior US Treasury official, Iraq barred eight local commercial banks from carrying out transactions in US dollars, reducing fraud, money laundering, and other illicit uses of US cash. The banks are prohibited from participating in the daily US dollar auction held by the Central Bank of Iraq (CBI), which is the primary so
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Baghdad (IraqiNews.com) – The Iraqi Minister of Transport, Razzaq Muhaibas Al-Saadawi, agreed on Friday with the Turkish Minister of Transport, Abdulkadir Uraloglu, to establish offices in both Baghdad and Ankara to oversee the progress made in the Development Road project. The two sides met in the Turkish capital, Ankara, to discuss details related to the Development Road p
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Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil confirmed on Friday that oil export revenues through January surpassed $8.025 billion. According to row data issued by the State Organization for Marketing of Oil (SOMO), the total exports of crude oil during January were slightly more than 103.5 million barrels, with revenues reaching $8,025,616. SOMO data revealed that
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Baghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan Abdul-Ghani, said on Thursday that his country’s oil exports were not affected by the recent attacks on ships in the Red Sea. Abdul-Ghani’s remarks took place during his participation in the World Economic Forum held in Davos, Switzerland, Reuters reported. The Iraqi Oil Minister elaborated that about 90 percent o
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