Business, Development and Industry

  • Iraq, Libya Discuss Reviving Ties: Investment and Cooperation

    Iraq’s Acting Chargé d’Affaires in Libya, Dr. Ahmed Al-Sahaf, met with Mr. Taher Al-Baawor, the Libyan Foreign Ministry’s acting head, with the aim of  strengthening ties and usher in a new era of cooperation, . The meeting, held in Tripoli, focused on revitalising Iraqi-Libyan relations across a range of sectors.…

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  • Experience Iraq: Vibrant Produce, Local Flavour

    Produce markets in Iraq are vibrant hubs of daily life, offering a rich array of fresh fruits and vegetables. Found in cities and towns across the country, these markets are essential for both local economies and household sustenance. Vendors display colourful assortments of seasonal produce, including dates, pomegranates, figs, tomatoes,…

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  • Science and Transport: How Iraq is Tackling Environmental Issues

    The Planning and Follow-up Department of the Ministry of Transport, represented by the Research and Studies Department, held a joint meeting with the Ministry of Higher Education and Scientific Research, Al-Mustansiriyah University, College of Atmospheric Sciences today, Monday, to coordinate cooperation on environmental issues. The meeting focused on mechanisms of…

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  • Strategic Projects in Key Construction and Investment Meeting

    Prime Minister Mohammed S. Al-Sudani led the eighth meeting of the Higher Committee for Construction and Investment on Wednesday. The agenda included discussions on key service, investment, economic, and developmental projects aligned with the government’s program to stimulate various sectors. Prime Minister Al-Sudani underscored the importance of decisive action in…

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  • Iraq & UAE Parliaments Strengthen Ties with New Committee

    The Iraqi Council of Representatives and the UAE Federal National Council met, in a significant step towards closer ties. Mr. Muhsin Al-Mandlawi, Acting Speaker of the Iraqi Council of Representatives, announced the formation of a friendship committee between Iraq and the UAE. The aim of this committee, is to develop…

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  • Iraq Set on Meeting ICAO Aviation Standards

    Prime Minister Al Sudanie chaired a committee to discuss lifting the European ban on Iraqi Airways. The specialised committee detailed the measures taken to address the ban, focusing on improving Iraqi Airways’ operations. These efforts include automating all sections of the airline, repairing and maintaining aircraft, and enhancing the skills…

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  • Iraq Ranks Second Among MENA Nations in Hydroelectric Power Capacity

    According to recent data from the Global Energy Monitor, Iraq has emerged as the second-ranked Arab country in terms of operational hydroelectric power capacity. The combined hydroelectric power capacity of seven Arab countries—Egypt, Iraq, Sudan, Syria, Morocco, Lebanon, and Algeria—exceeds 10.2 gigawatts. Egypt leads the region with the highest hydroelectric…

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  • Iraq, Turkey FMs Discuss Development Plans

    Deputy Prime Minister and Foreign Minister Fuad Hussein met with Turkish Foreign Minister Hakan Fidan on Saturday, on the sidelines of the Peace Summit in Ukraine at the Burgenstock Resort in Lucerne, Switzerland. This significant meeting focused on the importance of bilateral relations between Iraq and Turkey, particularly on how…

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  • Iraq’s De-Dollarisation Efforts and Diversification

    Iraq is making a bold move to reduce its reliance on the US dollar. In a recent effort to boost its own currency, the Iraqi dinar (IQD), the government outlawed the use of USD for local transactions in May 2023. This follows the earlier decision to permit trade with China…

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  • Iraq Addresses Electricity Sector Challenges and Future Plans

    Prime Minister Mohammed S. Al-Sudani chaired a significant meeting on Wednesday, addressing the Ministry of Electricity’s projects and future production plans. Key representatives from the Ministries of Electricity, Oil, and Planning attended. The meeting focused on the Ministry’s summer preparations, challenges, citizen complaints, and transmission network issues. Al-Sudani  the priority…

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