Chevron "Moves to Take Over Russia's Most Prized Iraqi Oil Field"

By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Chevron Moves to Take Over Russia's Most Prized Iraqi Oil Field Back in February, U.S. oil and gas giant Chevron signed four preliminary agreements with Iraq's Oil Ministry, which underscored that […] The post Chevron "Moves to Take Over Russia's Most Prized Iraqi Oil Field" first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-24 00:53 economy

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Oil Revenue Slump "Leaves Iraq Facing $23bn Budget Deficit"

By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Oil Revenue Slump Leaves Iraq Facing $23bn Budget Deficit Iraq's oil revenues have slumped as a result of the disruption to exports caused by the Iran […] The post Oil Revenue Slump "Leaves Iraq Facing $23bn Budget Deficit" first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-24 00:52 economy

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Kurdistan Region Advances Police Reform

From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan Region advances police reform to strengthen public trust and improve services The Kurdistan Region's Ministry of Interior, in partnership with the United Nations Development Programme (UNDP), is advancing […] The post Kurdistan Region Advances Police Reform first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-24 00:51 world

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Ukraine says two soldiers died after arrested girl sent Russian poison

Ukrainian police said Friday they had detained a 17-year-old girl suspected of helping Russia's security services to poison Ukrainian soldiers... The post Ukraine says two soldiers died after arrested girl sent Russian poison appeared first on Iraqi News .

iraqinews.com · 2026-10-23 10:50

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Volvo Cars shares plunge on losses, job cuts

Shares in Swedish carmaker Volvo Cars plunged Friday after it said US tariffs and strong competition from local brands in China pushed... The post Volvo Cars shares plunge on losses, job cuts appeared first on Iraqi News .

iraqinews.com · 2026-10-23 10:48

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Kering shares tumble as Gucci fails to reassure investors

Kering shares were down more than 10 percent in Paris Friday after the French luxury group published results that failed to reassure investors about a... The post Kering shares tumble as Gucci fails to reassure investors appeared first on Iraqi News .

iraqinews.com · 2026-10-23 09:38

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West Bank attack wounds 5 as Israel PM cancels events

An attack in the occupied West Bank wounded at least five Israelis on Friday and touched off a shootout that ended with two suspected Palestinian assailants dead, prompting Prime Minister Benjamin Netanyahu to... The post West Bank attack wounds 5 as Israel PM cancels events appeared first on Iraqi News .

iraqinews.com · 2026-10-23 09:34

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Asian football endorses Infantino re-election as FIFA president

The head of the Asian Football Confederation on Friday said the region supported Gianni Infantino's bid for re-election as FIFA president following fierce criticism of... The post Asian football endorses Infantino re-election as FIFA president appeared first on Iraqi News .

iraqinews.com · 2026-10-23 07:35

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Rooney calls United squad ‘selfish babies’ after Fernandes criticism

Manchester United great Wayne Rooney has labelled the current squad "babies" and "selfish" after a humiliating Champions League capitulation and post-match criticism by Bruno... The post Rooney calls United squad ‘selfish babies’ after Fernandes criticism appeared first on Iraqi News .

iraqinews.com · 2026-10-23 06:00

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Japanese coffee brand % Arabica opens first Iraq branch in Baghdad

Baghdad (IraqiNews.com) — Japanese specialty coffee brand % Arabica officially opens its first coffee branch in Iraq today, at Iraq Mall in Baghdad, marking the brand’s 249th location worldwide. The […] The post Japanese coffee brand % Arabica opens first Iraq branch in Baghdad appeared first on Iraqi News .

iraqinews.com · 2026-10-23 05:32

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76ers rally to stun Cavs in James’s first home game for Philadelphia

The Philadelphia 76ers erased a 29-point deficit to stun the Cleveland Cavaliers 114-106 on Thursday in NBA superstar LeBron James's first home game since landing... The post 76ers rally to stun Cavs in James’s first home game for Philadelphia appeared first on Iraqi News .

iraqinews.com · 2026-10-23 05:17

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Asian stocks head into weekend on a low as tech extends losses

Asian stocks sank again Friday as tech firms took another beating from investors increasingly losing faith in the sector, with the traditional safe haven yen and government... The post Asian stocks head into weekend on a low as tech extends losses appeared first on Iraqi News .

iraqinews.com · 2026-10-23 04:47

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Iraq-Japan Development Cooperation Talks

By John Lee. Talks between Iraq's Ministry of Planning and the Japan International Cooperation Agency (JICA) have focused on strengthening bilateral development cooperation. The meeting, held on Tuesday, was led by Dr Sahir Abd al-Kazim Mahdi, Director General of the ministry's International Cooperation Department. Discussions covered mechanisms for exchanging expertise in development, including training programmes […] The post Iraq-Japan Development Cooperation Talks first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 23:10

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Chinese Power Units Due Before Summer at Two Iraqi Stations

By John Lee. Combined-cycle units with a capacity of 125MW each are under construction at the South Baghdad Gas Power Station and the Khor al-Zubair power station, with both units planned to enter service before next summer. According to Iraq's Ministry of Electricity, a meeting was held on Sunday between Mohammed Naama al-Tufeili, Undersecretary for […] The post Chinese Power Units Due Before Summer at Two Iraqi Stations first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 23:10

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VTS Vessel Monitoring System Launched in Iraqi Waters

By John Lee. A Vessel Traffic Service (VTS) system for monitoring and regulating the movement of ships in Iraqi territorial waters has been launched by the Iraqi Supreme Maritime Authority. The system is designed to track vessel entry and exit, improve navigational safety, and support maritime and commercial activity. According to the Ministry of Transport, […] The post VTS Vessel Monitoring System Launched in Iraqi Waters first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 23:10

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Lenovo ISG Server Distribution Deal for Iraq

By John Lee. India's Redington has been appointed as an authorised distributor for Lenovo Infrastructure Solutions Group (ISG) server products in Iraq, expanding access to enterprise infrastructure through its channel partner network in the country. Jeetendra Berry (pictured), President for GCC & Levant at Redington, said the partnership would help channel partners move beyond supplying technology […] The post Lenovo ISG Server Distribution Deal for Iraq first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 23:10

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Fly Erbil Receives Iraqi Air Operator Certificate

By John Lee. Erbil-based Fly Erbil airline has been granted an Air Operator Certificate (AOC) by the Iraqi Civil Aviation Authority (ICAA), formally recognising it as an Iraqi national carrier. Captain Amjad Kazim, Deputy Head of the ICAA, received Fly Erbil's Chief Executive Lawand Mamundi to mark the certification. Mamundi expressed thanks to the ICAA […] The post Fly Erbil Receives Iraqi Air Operator Certificate first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 23:10

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US dollar exchange rate against Iraqi dinar remains stable in Iraq

Baghdad (IraqiNews.com) – The exchange rate for the US dollar against the Iraqi dinar remained stable on Thursday in the Iraqi capital, Baghdad, and declined in the capital of Iraqi […] The post US dollar exchange rate against Iraqi dinar remains stable in Iraq appeared first on Iraqi News .

iraqinews.com · 2026-10-22 17:16

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Gulf Keystone says Iraq’s Hamrin oilfield has 7 billion barrels of oil

Baghdad (IraqiNews.com) – CEO of Gulf Keystone Petroleum Jon Harris said on Wednesday that the firm believes that Iraq’s Hamrin oilfield has seven billion barrels of oil, of which 0.5 […] The post Gulf Keystone says Iraq’s Hamrin oilfield has 7 billion barrels of oil appeared first on Iraqi News .

iraqinews.com · 2026-10-22 16:51

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Iraq, UAE discuss options to de-escalate regional tensions

Baghdad (IraqiNews.com) – Iraqi Foreign Minister Fuad Hussein and UAE’s Foreign Minister Abdullah bin Zayed Al Nahyan discussed on Wednesday options to de-escalate tensions in the region. During a phone […] The post Iraq, UAE discuss options to de-escalate regional tensions appeared first on Iraqi News .

iraqinews.com · 2026-10-22 14:41

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ExxonMobil and Basra Oil Company Sign Seawater MoU

By John Lee. ExxonMobil and Basra Oil Company (BOC) have signed a memorandum of understanding (MoU) covering Phase 2 of a seawater injection project for southern Iraqi oil fields. The agreement was signed on Wednesday under the auspices of Minister of Oil Basim Muhammad Khudhair al-Abadi. The project will use seawater to support reservoir pressure […] The post ExxonMobil and Basra Oil Company Sign Seawater MoU first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 13:34

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New Russian Ambassador in Baghdad

By John Lee. Russia has appointed Timur Pechatkin as its new Ambassador to Iraq. According to Iraq's Ministry of Foreign Affairs, Foreign Minister Fuad Hussein received a copy of Pechatkin's credentials at the ministry's headquarters in Baghdad on Wednesday. Hussein welcomed the new ambassador and highlighted the bilateral ties between the two countries. The meeting […] The post New Russian Ambassador in Baghdad first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 13:34

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Iraq’s Fly Erbil gets Air Operator Certificate

Baghdad (IraqiNews.com) – Iraq-based airline Fly Erbil announced on Thursday that it had obtained an Air Operator Certificate (AOC) by the Iraqi Civil Aviation Authority (ICAA)—a milestone the company says […] The post Iraq’s Fly Erbil gets Air Operator Certificate appeared first on Iraqi News .

iraqinews.com · 2026-10-22 13:27

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Iraq signs seawater deal with ExxonMobil

Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil announced on Wednesday that the state-run Basra Oil Company (BOC) and US-based ExxonMobil signed a memorandum of understanding for the second phase […] The post Iraq signs seawater deal with ExxonMobil appeared first on Iraqi News .

iraqinews.com · 2026-10-22 12:07

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Zero Tariffs on Imported Solar Systems in Iraq

By John Lee. Iraq's Cabinet has approved the removal of customs duties on imported solar energy systems, in a move aimed at encouraging uptake of renewable energy and reducing the cost of purchasing solar equipment. According to the Ministry of Electricity, the decision followed a formal proposal submitted by Minister of Electricity Ali Saad Wahib […] The post Zero Tariffs on Imported Solar Systems in Iraq first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 00:56

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UK-Iraq Electricity Cooperation Talks

By John Lee. Iraq's Minister of Electricity, Ali Saad Wahib, has met with the UK Ambassador to Iraq, Irfan Siddiq, to discuss cooperation in the electricity sector. The meeting covered solar energy projects, smart metering systems, and improvements to electricity generation, transmission, and distribution infrastructure. The ambassador expressed the United Kingdom's readiness to support the […] The post UK-Iraq Electricity Cooperation Talks first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 00:55

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Iraq's Domestic Debt Surpasses $75bn

From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Domestic Debt Surpasses 113 Trillion Dinars Domestic debt grew by nearly 23 trillion dinars in the first eight months of 2026, driven by Finance Ministry drawings on the Central Bank, while foreign currency […] The post Iraq's Domestic Debt Surpasses $75bn first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 00:54

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Iraqi-Czech Water Forum Explores Investment in Water Technology

By John Lee. A Czech-Iraqi water forum has been held in Baghdad under the theme "Czech Solutions for Iraq's Water," bringing together Iraqi officials and a delegation of Czech companies specialising in water management, wastewater treatment, desalination, and smart water technologies. According to the Ministry of Construction, Housing and Public Municipalities, the forum aimed to […] The post Iraqi-Czech Water Forum Explores Investment in Water Technology first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 00:53

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Samarra Pharmaceuticals Resumes Production of LidoMax

By John Lee. The General Company for the Manufacture of Pharmaceuticals and Medical Supplies in Samarra has resumed production of Lidomax, a topical local anaesthetic, after a halt of more than four years. The company, which operates under the Ministry of Industry and Minerals, said the product has been returned to the local market. The […] The post Samarra Pharmaceuticals Resumes Production of LidoMax first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 00:52

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Iraq's Energy Challenges Amid the Hormuz Crisis

By Noam Raydan, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Energy Challenges Amid the Hormuz Crisis The recent rebound in crude exports is welcome but only partial, and officials have yet to find answers […] The post Iraq's Energy Challenges Amid the Hormuz Crisis first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-22 00:51

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Iraq plans to purchase 10 large oil tankers

Baghdad (IraqiNews.com) – Iraq is moving toward the acquisition of supertankers to bolster its capacity for transporting and marketing crude oil globally—a strategic step intended to reduce transportation costs and […] The post Iraq plans to purchase 10 large oil tankers appeared first on Iraqi News .

iraqinews.com · 2026-10-21 20:01

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Tanker Struck by Projectile off Southern Iraq

By John Lee. A tanker was reportedly struck by an unknown projectile approximately 30 nautical miles south-east of Al Faw, Iraq. According to the United Kingdom Maritime Trade Operations (UKMTO), the crew are safe and no damage or environmental impact has been reported. UKMTO issued Warning 180-26 on 20 October 2026, noting the report was […] The post Tanker Struck by Projectile off Southern Iraq first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-21 18:49

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Iraq’s Diwaniyah refinery undergoes major $800 million expansion project

Baghdad (IraqiNews.com) – An oil refinery expansion project in Iraq is making tangible progress, as part of the country’s efforts to reduce its reliance on imported fuel and increase the […] The post Iraq’s Diwaniyah refinery undergoes major $800 million expansion project appeared first on Iraqi News .

iraqinews.com · 2026-10-21 17:48

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Iraq’s customs revenues hit record high in September

Baghdad (IraqiNews.com) – Iraq’s General Authority of Customs has announced a revenue increase of over $72 million in September 2026 compared to the same month in 2025. The authority said […] The post Iraq’s customs revenues hit record high in September appeared first on Iraqi News .

iraqinews.com · 2026-10-21 16:42

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Iraq shuts Sheeb border crossing with Iran for security reasons

Baghdad (IraqiNews.com) – Iraq has closed the al-Sheeb border crossing with Iran to all passengers, vehicles, and commercial transit until further notice. An Iraqi border crossings official told Reuters that […] The post Iraq shuts Sheeb border crossing with Iran for security reasons appeared first on Iraqi News .

iraqinews.com · 2026-10-21 15:01

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Five things to know about Chinese AI startup DeepSeek

The United States Department of Homeland Security ordered government agencies on Monday to stop using artificial intelligence tools from DeepSeek, citing concerns over... The post Five things to know about Chinese AI startup DeepSeek appeared first on Iraqi News .

iraqinews.com · 2026-10-21 13:50

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Iraq’s foreign reserves rise to $81.5 billion in August

Baghdad (IraqiNews.com) – The Central Bank of Iraq (CBI) revealed on Wednesday that the country’s foreign reserves rose to $81.53 billion by the end of August 2026, compared to $80.633 […] The post Iraq’s foreign reserves rise to $81.5 billion in August appeared first on Iraqi News .

iraqinews.com · 2026-10-21 13:38

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France’s tourism sector worried about impact of riots

The images of France's riots posted and broadcast around the world have cast a pall on the country's important tourism sector, with many... The post France’s tourism sector worried about impact of riots appeared first on Iraqi News .

iraqinews.com · 2026-10-21 13:36

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Iraq’s domestic public debt climbs to 113.5 trillion dinars in August 2026

Baghdad (IraqiNews.com) – Iraq’s domestic public debt surged to 113.485 trillion Iraqi dinars (approximately $86.6 billion) by the end of August 2026, climbing from 109.516 trillion dinars at the end […] The post Iraq’s domestic public debt climbs to 113.5 trillion dinars in August 2026 appeared first on Iraqi News .

iraqinews.com · 2026-10-21 13:21

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US Dollar climbs back above 169,000 IQD in Baghdad, Erbil, and Basra

Baghdad (IraqiNews.com) – The exchange rate of the U.S. dollar against the Iraqi dinar edged upward across parallel retail and wholesale counters in Baghdad, Erbil, and Basra on Wednesday, October […] The post US Dollar climbs back above 169,000 IQD in Baghdad, Erbil, and Basra appeared first on Iraqi News .

iraqinews.com · 2026-10-21 12:52

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Parliamentary committee unveils proposals to revamp Iraq’s public salary scale

Baghdad (IraqiNews.com) – Details of a comprehensive overhaul proposed for Iraq’s public sector salary scale have been disclosed by Member of Parliament Mohammed Abu Al-Eis, outlining recommendations by a specialized […] The post Parliamentary committee unveils proposals to revamp Iraq’s public salary scale appeared first on Iraqi News .

iraqinews.com · 2026-10-21 12:36

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Iraq opens university classrooms for inmates in Susa and Amarah prisons

Baghdad (IraqiNews.com) – Iraq’s Ministry of Justice announced on Wednesday, October 21, 2026, the establishment of university-level classroom branches inside Susa Central Prison and Amarah Central Prison, expanding higher education […] The post Iraq opens university classrooms for inmates in Susa and Amarah prisons appeared first on Iraqi News .

iraqinews.com · 2026-10-21 12:26

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Turkey troops to stay in Iraq

Turkey will keep its own troops in Syria and Iraq until border security with its two neighbours has been fully ensured, Defence... The post Turkey troops to stay in Iraq appeared first on Iraqi News .

iraqinews.com · 2026-10-21 12:13

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Japan sends senior diplomat to Russia over detained journalist

Japan sent a senior diplomat to Moscow this week to discuss the release of a journalist detained by Russia on spying... The post Japan sends senior diplomat to Russia over detained journalist appeared first on Iraqi News .

iraqinews.com · 2026-10-21 11:37

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US envoy to meet Russia’s president after ‘positive’ talks with Zelensky

Washington's envoy Steve Witkoff will travel to... The post US envoy to meet Russia’s president after ‘positive’ talks with Zelensky appeared first on Iraqi News .

iraqinews.com · 2026-10-21 07:15

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LeBron, Sixers spoil Knicks party, Thunder top Spurs as NBA season tips off

LeBron James and his new Philadelphia 76ers teammates crashed the New York Knicks' season-opening celebrations on Tuesday, beating the defending NBA champions 106-100 on the night they raised their... The post LeBron, Sixers spoil Knicks party, Thunder top Spurs as NBA season tips off appeared first on Iraqi News .

iraqinews.com · 2026-10-21 06:57

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LeBron optimistic after launching Sixers era with win

LeBron James said the Philadelphia 76ers still had plenty of room for improvement after launching their NBA season with an impressive opening night victory over... The post LeBron optimistic after launching Sixers era with win appeared first on Iraqi News .

iraqinews.com · 2026-10-21 06:20

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Asian stocks rally as tech firms enjoy bounce ahead of key earnings

Asian markets rallied Wednesday as tech firms enjoyed a much-needed rebound, with investors taking heart from upbeat earnings that lifted sentiment ahead... The post Asian stocks rally as tech firms enjoy bounce ahead of key earnings appeared first on Iraqi News .

iraqinews.com · 2026-10-21 04:52

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Iraqi Dinar's Devaluation: Context and Near-term Outlook

By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Dinar's Devaluation: Context and Near-term Outlook On October 7th, the Central Bank of Iraq (CBI) devalued the Iraqi dinar (IQD) by 13.3% against the U.S. dollar […] The post Iraqi Dinar's Devaluation: Context and Near-term Outlook first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-20 23:45

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Gas Processing Plant Opens at Garraf Oil Field

By John Lee. A new associated gas processing and utilisation system (GCS) has been commissioned at the second separation station of the Garraf oil field in Dhi Qar, with an operating capacity of 15 to 22 million standard cubic feet per day (mmscfd). The opening was held under the patronage of Oil Minister Basim Muhammad […] The post Gas Processing Plant Opens at Garraf Oil Field first appeared on Iraq Business News .

iraq-businessnews.com · 2026-10-20 23:44

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