This has allowed Tehran to use Iraq as a source of cash and power, helping fund its activities in the Middle East.

Iraq’s semi-autonomous north is grappling with a severe economic crisis, with many residents forced into massive personal debt.

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Iraq has faced two simultaneous crises since the second half of 2014: the ISIS insurgency and the oil price shock. These have severely impacted the economy and compounded structural vulnerabilities.

ERBIL, Kurdistan Region - Iraq is on the brink of a “serious energy crisis” due to the lack of viable alternatives to Iranian gas imports, a former spokesperson for the Organization of the ...

The US refused to renew a 120-day sanctions waiver for Iraq’s energy imports from Iran, raising the prospect of severe electricity shortages in coming months as demand increases with the rising ...

From The Conversation. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan faces a deepening economic crisis as unpaid ...

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

However, by the end of October, Iraq's total expenditures had reached 122 ... Instead, the root cause lies in the government's economic expenditure policy, which allowed spending to surge by ...

The problem is not confined to Iraq. The UN World Water Development Report 2023 warned that there is an “imminent risk of a global water crisis”, with “between two and three billion people ...

AMMAN — Minister of Industry, Trade and Supply Yarub Qudah on Sunday underscored ongoing discussions between Jordan and Iraq on major strategic projects in the energy and food sectors, stressing the ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...