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Economy

Syrian regime minimizes impact of fuel crisis

Syrian regime minimizes impact of fuel crisis

The acute shortage of fuel has affected many aspects of daily life in Syria and has given rise to smugglers and black market dealing.

Iraqis hail US blacklisting of firm as IRGC guns front

Iraqis hail US blacklisting of firm as IRGC guns front

The Iraq-based Manabea Tharwat al-Janoob General Trading Company was used by the IRGC to smuggle hundreds of millions of dollars worth of weapons to affiliates in Iraq.

IRGC expands in Syria under guise of reconstruction

IRGC expands in Syria under guise of reconstruction

Hizbullah-run Jihad al-Bina is recruiting youth and acquiring real estate in strategic areas in Syria in support of the IRGC.

Anbar resumes work on projects paused during war with ISIS

Anbar resumes work on projects paused during war with ISIS

The local government has re-launched operations on a flurry of service and infrastructure projects as it seeks to revitalise Anbar's economy.

Iran smuggling oil in violation of sanctions

Iran smuggling oil in violation of sanctions

With revenue from oil exports plummeting amid sanctions, the Iranian regime has been illegally exporting oil to countries like Syria.

Facing economic hardship at home, Iranians seek job opportunities in Iraq

Facing economic hardship at home, Iranians seek job opportunities in Iraq

The collapse of Iran's economy is driving Iranians to panhandle and seek menial jobs in major Iraqi cities.

Iran, proxies sabotage Iraq's agriculture sector

Iran, proxies sabotage Iraq's agriculture sector

Iraqi farmers are complaining of Iranian crops swamping local markets even though the Ministry of Agriculture has banned Iranian agricultural imports.

Massive fires ravage wheat fields in Iraq's Sinjar district

Massive fires ravage wheat fields in Iraq's Sinjar district

Around 7,000 dunams have been affected by the fires that have escalated over the past four days, a local official told Diyaruna.

Syria Kurds alarmed as fire ravages wheat near oil installations

Syria Kurds alarmed as fire ravages wheat near oil installations

Both the Damascus government and the Kurdish authorities are competing to buy up the wheat produced this year in north-east Syria.

Iraq seeks to attract investment in Anbar desert

Iraq seeks to attract investment in Anbar desert

The province's investment committee has put forth a roadmap of proposed projects and is seeking to host more economic-focused events.

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