Baghdad, Iraq- Prime Minister Mohammed Shia Al-Sudani has approved a new date for the Iraq Investment Forum, which is now set to take place on April 12-13, 2025.
According to a letter from the Prime Minister's office, Al-Sudani’s approval ensures that the necessary preparations for the event can proceed in alignment with the updated schedule. The forum is expected to...
The Central Bank of Iraq (CBI) successfully completed a currency auction on Monday, selling more than $297 million in US dollars. According to an official statement from the bank, the total sales amounted to $297,459,852.
The exchange rate for the transactions was set at 1,310 Iraqi dinars (IQD) per US dollar for documentary credits, international electronic card settlements, and foreign...
Iraq has held talks with Jordan to explore the possibility of establishing production lines for pharmaceuticals, construction materials, and food products, the Iraqi Ministry of Planning confirmed on Sunday.
The discussions took place during a meeting between Iraq's Deputy Prime Minister and Minister of Planning, Muhammad Ali Tamim, and Jordan's Minister of Industry and Trade, Yarub Qudah. The meeting, which...
Baghdad, Iraq — The Minister of Construction, Housing, and Municipalities, Bengin Rikani, alongside Defence Minister Thabit Al-Abbasi, has officially approved the master plan for a new residential city dedicated to housing Iraqi Army personnel in the capital. The project, which is set to adhere to modern urban planning standards, will feature more than 114,000 residential units.
Located in close proximity to...
The Japanese Ambassador to Iraq, Akira Endo, reiterated Japan’s commitment to strengthening trade relations with Iraq, highlighting the growing interest of Japanese companies in the Iraqi market. Speaking on Sunday, Endo emphasized that 23 Japanese companies were participating in the Japanese pavilion at the Baghdad International Fair, demonstrating Japan's dedication to enhancing both commercial and cultural ties with Iraq.
Ambassador Akira...
Prime Minister Mohammed Shia Al-Sudani recently chaired a key meeting to explore the development of Iraq's sulphur and phosphate industries, with the goal of enhancing the country’s economic resilience and diversifying its sources of revenue. The meeting included high-level officials, such as the Deputy Prime Minister for Energy Affairs, the Ministers of Oil, Finance, Industry, and Minerals, along with...
The Iraqi Securities Commission confirmed on Thursday that a newly signed Memorandum of Understanding (MoU) with Egypt aims to boost cooperation, exchange expertise, and improve the regulatory frameworks for financial markets in both countries.
The MoU was signed under the patronage of Prime Minister Mohammed Shia al-Sudani at the government palace, bringing together the Iraqi Securities Commission and the Egyptian...
Hayan Abdul-Ghani Al-Sawad, Iraq’s Deputy Prime Minister for Energy Affairs and Minister of Oil, announced on Thursday that 2025 will see a rise in oil derivatives production.
During the first meeting of the Opinion Board for 2025, Al-Sawad emphasized the ministry's commitment to boosting production capacities within the refining sector. He highlighted that this year will bring a significant increase...
Iraq is working towards completing a new wastewater treatment facility in Basra by 2026. The facility will be one of the largest of its kind in the region and construction began in 2022. Basra, located at the confluence of the Tigris and Euphrates rivers near the Gulf in southern Iraq, is one of the few cities in the Middle...
Iraq imports between 50 and 75 kilograms of gold daily, excluding the Kurdistan Region, according to the Ministry of Planning. The ministry has clarified that gold imports are strictly regulated and can only occur through airports in Iraq.Abdul Zahra al-Hindawi, a spokesperson for the Ministry of Planning, revealed that an estimated 50 to 70 kilograms of gold enter the...