By John Lee. Six memoranda of understanding (MoUs) were signed between Iraq and France at the Élysée Palace in Paris on Monday, covering defence, energy, aviation, and youth and innovation cooperation. The agreements were signed during a visit by Prime Minister Ali al-Zaidi and were witnessed by French President Emmanuel Macron. According to the Prime […]
By John Lee. Iraq's Ministry of Finance signed two new credit agreements on Tuesday with the French development agency, Agence Française de Développement (AFD), to finance critical infrastructure projects in the sanitation sector. The first agreement includes a €30-million supplementary loan for the sewage project in Khalidiya district, Anbar, raising total funding for the project to […]
By John Lee. The Iraqi Council of Ministers has authorised the Minister of Finance, or her delegate, to sign a loan agreement with the Agence Française de Développement (AFD) to finance the Al-Hamza District Sewer Project in Al-Diwaniyah Province. This approval falls under Federal Budget Law No. 13 of 2023, covering fiscal years 2023-2025, for […]
The International Finance Corporation (IFC), part of the World Bank Group, is supporting Sama Al-Manar and Manar FZCO, subsidiaries of Türkiye-based Tiryaki Agro, in developing a new state-of-the-art agro-industrial complex in Iraq's Umm Qasr Port, including a soybean crushing plant and warehouses, which will help bolster food security, create jobs, and diversify the country's economy […]
By John Lee. The Agence Française de Développement (AFD) has reportedly said it is interested in setting up a branch in Iraq. According to Shafaq, a delegation from the French development agency made the comment during a meeting with the Governor of the Central Bank of Iraq (CBI), Mustafa Ghaleb Mukhif. The AFD's websites says […]
