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Economy

Iraqi Kurdistan Region’s authorities said Sunday that tourism activity in the autonomous region has been brought to a total halt coinciding with border closures and air embargos imposed over the region’s recent referendum on independence from Iraq.
The Iraqi government estimated Wednesday the country’s population growth to have reached 40 million until 2017, including Kurdistan Region areas.
The welfare of stray cats and dogs roaming Iraq’s capital Baghdad is far from a priority for most residents after years of bloodshed and insecurity.
Baghdad government calls on Turkey and Iran to close their borders with the KRG to “confront a common threat”
Saudi Arabia’s trade minister will visit Iraq in the coming days as the kingdom plans to partake in a Baghdad exhibition, the Iraqi ambassador in the kingdom said.
The Central Bank of Iraq (CBI) currency auction on October 8 registered $159,409,405 in sales, a 0.57% volume increase from the US $158,513,357 sold by Iraqi Dinar, credit and transfer at the previous auction held on October 5.
According to a report, Norway-based Hexagon Composites' subsidiary Hexagon Ragasco has received a new order for LPG cylinders from Iraq’s Gas Filling Company (GFC) worth around $15 million.
UK-based oilfield services company Petrofac has secured a new contract and the extension of an existing deal to provide engineering services for two international oil companies (IOCs) in Iraq, with an aggregate value of $100m.
On a press meeting, Iraqi Prime Minister Haider al-Abadi said that the referendum that Kurdistan Regional Government (KRG) plans to hold in northern Iraq in "not constitutional."
In Baghdad, Iraqis recall first anniversary of devastating ‘Karrada bombing’ that killed more than 300 people. This was the deadliest attack on the country since 2003. In one year, much of the damage has been repaired, but a massive banner bearing images of the victims still hangs at the site, and the psychological wounds inflicted by the fear and loss are far from healed.
On last week, State Department Spokesperson Heather Nauert described the referendum on Kurdish independence as “an internal Iraqi matter.” This has come up as a clear indication that the stand towards Kurdish independence is gradually shifting.
Amidst airstrikes on the last pockets of territory held by the Islamic State group in Mosul, hundreds of civilians are fleeing. A large portion of them are badly injured and obviously they require quality medical attention.
As Mosul is liberated from IS ‘caliphate’, rumors have emerged in social media that end of ISIS is also nearing at Syria.
About three years earlier, 800 jihadist fighters in northern Iraq were poised to become new global threats. Having taken over Mosul, Iraq's second largest city, the extremists proclaimed the birth of their so-called "Islamic State".
Militants of Islamic States (IS) have admitted that defeat in the city of Mosul during sermons that also revived suspicions regarding the death of the group’s supreme leader.
After eight month long warfare, Iraqi government troops on Thursday captured the ruined mosque at the heart of the Islamic State of Iraq and the Levant (ISIL) militant group’s de facto capital Mosul. With this Iraq’s prime minister has declared ISIL’s self-styled caliphate at an end.
Iraqis on Twitter and Facebook circulated pictures of Iraqi state television, which announced the entry of Iraqi forces in the area of Al-Nouri Mosque and the destroyed Hadba Manara, which transferred field commanders to Iraqi forces control over what remains of the symbolic mosque.
Situation in Iraq is at critical stage. The government security forces, backed by United States and its coalition partners, have successfully freed the territories that were occupied by IS militants. This is a good thing and encouraging for the country. However, the country has many other battles to fight.
It was 2014, when ISIS leader Abu Bakr al-Baghdadi stood in the pulpit of the iconic 12th-century al-Nuri mosque in Mosul, Iraq, and delivered a now-infamous sermon declaring the creation of a new ISIS “caliphate”.
The Iraqi authorities and an International Monetary Fund (IMF) team reached a staff-level agreement on the second review of the Stand-By Arrangement (SBA) that was approved by the IMF Executive Board on July 7, 2016.
Kurdistan Workers’ Party (PKK) in Rojava (Syrian Kurdistan) is planning to open a trade route with Iraq.
Islamic state’s defeat in Iraq is a good thing for Iraq without any doubt. The country can now focus on other issues that have made it a financially crippling nation. For Iraq, the long term test will be how it sustains relations with its surrounding Arab countries through trade and freedom of movement. For economic reasons, Iraq has to rely on Anbar province and the Hashemite Kingdom of Jordan to ensure Iraq’s primary gateway to the world remains open
For new project in Iraqi Kurdistan, Gazprom Neft has started discussions. Chief Executive Officer of the Russian oil major, Alexander Dyukov, has revealed this information.
By 10th of June 2017, Iraqi forces hope to eliminate Islamic state militants from Mosul of Iraq. After three years’ reign of IS in this second largest city of Iraq, the group is finally going to accept its defeat soon.
All flights from London’s Heathrow and Gatwick airports have been canceled by British Airways. It said that the organization was having massive IT failure around the world. However, it has not disclosed the real reasons or problems.
In a new report on the last Thursday, the Government Accountability Office (GAO) said that the Pentagon could not prove $2 billion of Iraq Train-and-Equip Fund (ITEF) materials were delivered.
Inflation indices of Iraq have raised by 0.6% during the month of April compared to the preceding month, as revealed by Iraqi government.
The head of the U.S. Defense Intelligence Agency said that an Iraqi Kurdish push for independence from Baghdad appears likely to be a question of "not if but when," in a significant challenge to Iraq's stability. In the month of April, Iraq's main Kurdish parties announced a plan to hold a referendum on independence this year, after the defeat of Islamic State militants.
Bombing intensified at northwest of Mosul by Iraqi forces. The forces are trying to capture Old City of Mosul from Islamic State militants.
The Kurdistan Region’s Independent Commission for Human Rights said that Zakho, a district of the region, has turned into gateway of drug trafficking through Iran, Syria and Turkey.
Special Force of Iraq declares completion of mission in Mosul, after it retook the last western district from Islamic State militant group.
The US and China have reached a 10-point trade deal that opens the Chinese market to US credit rating agencies and credit card companies.
US President Donald Trump has met his Iraqi counterpart in Washington, D.C., praising the "unprecedented cooperation" between the two countries in ridding Iraq of ISIS and reaffirming the US' commitment to bolstering the country's security. 
At an inopportune time, Iraqi government has sacked its defense minister. As per reports, on 25th August, 2016, the Iraqi National Assembly moved against Defense Minister Khaled al-Obeidi in a vote of no confidence, held in secret because of continued political haggling aimed, at preventing the decision.
On last Thursday, Prime Minister Haider al-Abadi said that the Iraqi army has dislodged Islamic State from the Qayyara oil producing region located south of their de facto capital Mosul.
On last Thursday, Iraqi forces pushed the Islamic State group from Qayyarah, a northern town considered strategic for any future offensive against the militants' last stronghold of Mosul.
During his visit to Kurdistan region, an American senator stated that Baghdad and Erbil must show full coordination along with international coalition to fight the battle in Mosul.
Global oil glut has resulted into geopolitical instability and the economic crash in Iraq.
Iraq is in news these days due to government and allied militia forces fight to reclaim territory from the Islamic Group militants.
Shabak community has been considered as one of the ethnic minorities in Iraq.
Iraq Wallet’s ‘Pay with ZainCash’ has been anticipated to have a major impact on expanding e-commerce nationwide supporting the creation of an enabling environment for entrepreneurs to operate, while stimulating Iraq’s digital economy and kick-starting the adoption of e-commerce.
According to health ministry of Iraq’s spokesperson, a fire that killed 13 children in an Iraqi maternity ward was apparently started intentionally. Ahmed al-Rudeini had previously said that fire at Yarmuk Hospital, one of the main such facilities in Baghdad, had been started by an electrical fault.
Iraq’s parliament has approved five new ministers after months of delay and repeated setbacks to Prime Minister Haider al-Abadi's efforts to replace the cabinet.
Middle East region is now facing the worst heat waves ever. Experts have warned that high temperature can lead to such extent that human survival would become impossible. They have also advised to control greenhouse gas emission.
A United Nations agency said on Thursday it would help Iraq to tackle endemic graft that is eroding its economy and institutions as Baghdad struggles to defeat Islamic State militants.
Abdel Hussein Abtan, Iraqi Minister of Transportation, stated that Iraqi Airways will restart its flight services to Europe from upcoming Sunday.
Iraqi forces prepares for fresh attacks again IS to regain its territory from the militants. A few residents inside the city of Mosul, captured by IS militants. They have expressed their relief after escape.
Corruption case against Parliament Speaker Salim al-Jabouri by Defense Minister Khaled al-Obeidi has been turned downed down by the court, citing lack of evidence.
Officials from the state-run North Oil Company say a well controlled by Kurdish peshmerga fighters in Kirkuk has exploded.
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