Baghdad, Iraq – President Abdul Latif Jamal Rashid emphasized the importance of literary exhibitions and forums in fostering cultural understanding between nations during a visit to the 25th Baghdad International Book Fair on Tuesday. He attended a dialogue session organized by the Arab-Kurdish Cultural Center titled "The Arab-Kurdish Dialogue: An Initiative to Revive Shared Memory and Destiny," according to a...
visit at the head of a high-level delegation. The group includes prominent Iraqi businessmen, investors, the head of the Federation of Iraqi Chambers of Commerce, and the Director General of the Foreign Economic Relations Department at the Ministry of Trade.
Al-Ghurairi stated that the purpose of the visit was to engage in discussions with Azerbaijani officials to strengthen economic and...
Baghdad's literary scene is buzzing with the opening of the 25th Baghdad International Book Fair. Running from September 12th to 22nd, 2024, under the theme "From Iraq, the first letter to the world was written," the fair has attracted over 350 publishers from Iraq, the Arab world, and beyond. Dr. Abdul Wahab Al-Radhi, head of the organizing committee and...
A 19-year-old Iraqi table tennis player, Najlah Imad, made history at the 2024 Paris Paralympic Games by winning gold. This victory marks Iraq's first-ever gold medal in the sport and their first gold of the 2024 Games.
Imad's path to victory included a 3-1 win against Ukrainian Maryna Lytovchenko in the women's class six final. Lytovchenko, the reigning Paralympic champion...
The Ministry of Finance announced on Sunday that Iraq has successfully maintained its credit rating and foreign currency reserves, reflecting continued economic stability.
In a recent report from Standard & Poor's (S&P) Credit Rating Agency, Iraq’s credit rating was kept at B-/B with a stable outlook. This reflects the country's ongoing financial stability and positive economic outlook.
The Ministry of Finance...
The Central Bank of Iraq announced on Friday that 13 Iraqi banks have started participating in the new phase of foreign transfer operations.
According to a statement from the bank, the Central Bank delegation in New York confirmed the launch of this important step, aimed at diversifying currencies and simplifying international transfer processes. The initiative will allow transactions in multiple...
On Thursday, Prime Minister Mohammed S. Al-Sudani chaired a meeting of the Higher Committee for Monitoring the Implementation of Tax Reform to assess the committee’s progress and the outcomes of recent efforts.
The meeting focused on the positive achievements made under the government’s tax reform decisions, particularly highlighting a 22% increase in tax revenues by early August compared to the...
he Ministry of Finance has signed an amendment to its loan agreement with the German Development Bank (KfW), aimed at financing several important development projects in Iraq.
According to a statement issued by the Ministry of Finance, the amendment was formalized today at the Ministry's headquarters in the presence of Minister Taif Sami Muhammad and the KfW representative in Iraq.
The...
The Oil Products Distribution Company has announced that its sales through electronic payment methods have surpassed 2 trillion dinars during the first half of this year.
In a statement, the company's General Manager, Hussein Talib, revealed that electronic sales reached a total of 2,110,901,839,933 dinars. He highlighted the significant and steady increase in sales, noting the company’s commitment to enhancing...
The Ministry of Oil has outlined its strategic plan to convert 40% of Iraq's crude oil into refined derivatives and joint-stock ventures. The Ministry also highlighted that the completion of the fixed gas platform project at the Grand Al-Faw Port will play a key role in stabilizing the operation of power plants, contributing significantly to the country’s economic security.
Hamid...