Iraq’s Development Road aims to reduce dependence on oil by turning the country into a key trade corridor between Asia and Europe.

All the latest breaking news on United States. Browse ibtimes archives of photos, videos and articles on United States.

The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

EU mid-market update: Trump fails to rule out recession during 'transition period' as market bets on fading US exceptionalism ...

including potential sanctions on Iraq’s Central Bank and SOMO, along with restrictions on personal bank accounts and travel bans targeting prominent political figures. He warned that such moves would ...

Iraq's delegation concluded its meetings with the International Monetary Fund (IMF) in Amman (February 24-26), with participants including Minister of Finance Taif Sami and the Governor of the Central ...

The Central Bank of Iraq (CBI) said in February 2023 that it has begun using the new US dollar exchange rate of 1,300 dinars to every US dollar. The previous official exchange rate was 1,450 ...

On Thursday, Iraq's Finance Committee, chaired by Atwan Al-Atwani, convened with its members and the Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, to discuss monetary policy, the banking ...

Notably, in February 2025, Iraq's central bank, in coordination with U.S. Treasury officials, banned five local banks from engaging in U.S. dollar transactions. These banks are Al-Mashreq Al-Arabi ...

This conglomerate partners with Chinese and IRGC-run companies to receive oil and construction contracts from Iraq’s government. The IRGC’s business empire enjoys huge advantages within Iraq’s economy ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...