Iraq’s energy sector is entering a new phase shaped by major international investment, improved use of domestic resources, and growing efforts to strengthen electricity production. Oil remains the foundation of the country’s economy, but current projects increasingly connect oil production with natural gas recovery, renewable energy, water management, and local economic development. This broader approach […]
Iraq has traditionally operated as a cash-based economy. Salaries, retail purchases, government fees, and commercial transactions have frequently depended on physical currency, even as digital-payment systems expanded rapidly across neighboring markets. That environment is now beginning to change. Government policy, Central Bank regulations, salary localization, payment cards, electronic wallets, and point-of-sale terminals are gradually moving […]
Baghdad is experiencing one of its most visible periods of construction and urban expansion in decades. New housing developments, road projects, bridges, commercial buildings, public facilities, and major transport proposals are changing the appearance of the Iraqi capital and its surrounding areas. The activity reflects several overlapping pressures: a growing population, a substantial housing shortage, […]