By John Lee. Prime Minister Mohammed Shia Al-Sudani attended the Iraq-Oman Business Forum in Salalah on Thursday, accompanied by his ministerial delegation. He praised the organisers, noting that the visit lays the groundwork for genuine cooperation between the two countries, following the signing of 24 memoranda of understanding and two agreements across multiple sectors. Al-Sudani […]
By John Lee. The Iraqi Cabinet has approved a mechanism to address the outstanding dues of companies investing in the electricity sector. The decision authorises the Trade Bank of Iraq (TBI) to take the necessary steps to purchase debts owed to investment companies against amounts due from the Ministry of Electricity. The State Oil Marketing […]
By John Lee. On Wednesday, Iraqi Prime Minister Mohammed Shia Al-Sudani sponsored the signing of two agreements and 24 Memoranda of Understanding (MoUs) with the Sultanate of Oman, in the presence of Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani Al-Sawad. The MoUs covered multiple fields, including energy and oil. They […]
By John Lee. The two-day Internet Governance Forum (IGF) Iraq 2025 concluded on Sunday, marking the country's first national forum held under the umbrella of the United Nations. The opening session, titled "Internet Governance in Iraq," was moderated by Laith Al-Jazaeri and featured Dr. Hayam Al-Yasiri, Minister of Communications, as guest speaker. Day two included […]
By John Lee. The Central Bank of Iraq (CBI) has announced the launch of inter-wallet money transfer services, enabling individuals and businesses to conduct financial transactions with greater speed and flexibility. The new services include: Inter-wallet transfers between verified permanent wallets across different service providers. Inter-wallet transfers from verified permanent wallets to merchant wallets across […]
By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a network of shipping companies and vessels led by Iraqi-Kittitian businessman Waleed al-Samarra'i, accused of smuggling Iranian oil disguised as Iraqi-origin crude. According to the Treasury, the network covertly blended Iranian oil with Iraqi oil and […]
By John Lee. The Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani, has visited the Dora Oil Complex in Baghdad. He was received by Haitham Ibrahim, Director General of Midland Refineries Company, and Ali Abdul-Karim Al-Moussawi, Director General of Oil Pipelines Company. The minister inspected operations at the complex, which hosts […]
By John Lee. The Ministry of Higher Education and Scientific Research has announced the launch of electronic applications for the College of Excellence and the College of Artificial Intelligence at the University of Baghdad for the 2025-2026 academic year. Applicants must be graduates of the 2024-2025 preparatory school year, born in 2001 or later, with […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani met on Sunday with a group of businessmen and representatives of 17 Turkish companies from various sectors, in the presence of the Chairman of the National Investment Commission (NIC), the Executive Director of the Iraq Development Fund, several advisers, and the Turkish Ambassador to Iraq. The press […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani on Sunday oversaw the signing of the Articles of Incorporation for the National Mobile Telecommunications Company (NMTC), a public joint-stock company established under the government programme. The new entity brings together three contributors: the State Employees' Pension Fund, Trade Bank of Iraq (TBI), and Al-Salam General Company […]
By John Lee. The Central Bank of Iraq (CBI) has announced the launch of the "Al-Samawal" campaign starting on 1st September 2025, in cooperation with banks and electronic payment service providers, as part of the National Financial Inclusion Strategy (2025-2029). The initiative aims to raise financial awareness, provide free bank account openings for traders and […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for July. Total exports of crude oil: 104,750,788 barrels. Exports from the oil fields in central and southern Iraq amounted to 104,255,143 barrels. Exports from Qayyarah were 495,645 barrels. Average daily crude oil exports: approximately 3.379 million barrels per day. The total […]
