By John Lee. Commercial and economic cooperation between Uzbekistan and Iraq is entering a new phase following high-level business discussions in Baghdad and Anbar. The Chairman of the Uzbekistan Chamber of Commerce and Industry, Davron Vakhabov, is currently on a working visit to Iraq. With the support of Uzbekistan's Ambassador to Kuwait, Ayubkhan Yunusov, he […]
By John Lee. A meeting was held to review the use of smart solutions for managing renewable energy in Baghdad's districts and sub-districts, with a focus on solar power and smart meters. The discussion covered proposed investment mechanisms for renewable energy projects, target production levels, and the selection of suitable locations based on solar exposure. […]
By John Lee. The Federal Integrity Commission has held talks with the United Nations Development Programme (UNDP) on strengthening bilateral and international coordination to recover smuggled assets and extradite individuals wanted in corruption cases. The Commission's First Deputy Chairman, Dr Muzhahir al-Jubouri, met UNDP Justice Initiatives Support Project Director Yama Turabi at the Commission's headquarters. […]
By John Lee. The Federal Integrity Commission has formally rejected claims that around IQD 2.5 trillion (approximately $1.9 billion) was withdrawn or lost from the Social Protection Fund's accounts, confirming that the full amount remains intact and under official control. The Commission said it formed an emergency investigation team immediately after widespread reports alleged the […]
By John Lee. The General Company for Ports of Iraq (GCPI) has announced that its total revenues, including those from affiliated ports and facilities, reached IQD 1,063,291,000,000 (approximately $810 million) by the end of October 2025, reflecting improved operational performance and rising efficiency across its activities. Director General Dr Farhan Al-Fartousi said the results were […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for October. Total exports of crude oil: 110,923,047 barrels. Exports from the oil fields in central and southern Iraq amounted to 104,816,106 barrels. Exports from the Kurdistan Region via the Turkish port of Ceyhan amounted to 5,834,864 barrels. Exports to Jordan amounted […]
By John Lee. On Monday, Prime Minister Mohammed Shia' Al-Sudani chaired a Board meeting of the Iraq Development Fund to review progress on key strategic and investment projects overseen by the fund. The meeting discussed the "Eduba" schools construction project, for which the first phase has been launched, and reviewed a Ministry of Finance report […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani opened the third phase of rehabilitation works at the Central Children's Hospital in Baghdad, after the facility was fully completed and restored to its full capacity of 400 beds. During the opening ceremony, he said the hospital is one of Baghdad's most important specialised medical facilities, noting […]
By John Lee. The Central Bank of Iraq (CBI) chaired the latest meeting of the Iraqi Payments Council to review progress in adopting electronic payment systems across government institutions and the private sector. The meeting discussed the procedures and mechanisms used by ministries and public sector bodies to implement e-payment technologies, the level of progress […]
By John Lee. The Central Bank of Iraq (CBI) has said that its monetary policies have pushed inflation to historically low levels, adding that there is no intention to amend the exchange rate of the Iraqi dinar (IQD). In a statement issued on Monday (24th November), the bank rejected rumours of a possible exchange rate […]
By John Lee. A new infant formula plant has begun construction in Baghdad, marking the launch of Iraq's first factory dedicated to producing baby milk and fortified nutrition products. The facility, the Mohannad Ali Abdullah Infant Formula Factory, is being built by the Qatari construction company Magnum and will manufacture infant formula for the Turkish […]
By John Lee. Italy's Prometheus will supply its ProFlex passive fire protection systems for the New Nassiriya Depot Project, where China Petroleum Pipeline Engineering Co., Ltd (CPP) is the EPC contractor. The project, developed by the State Company for Oil Projects (SCOP), involves the construction of a new crude oil storage and handling facility on the […]
