Business, Development and Industry
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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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Flynas Announces Dammam – Najaf Route
Flynas, the leading Saudi air carrier and low-cost airline in the Middle East and the world, launched its first direct flight between Dammam and Al Najaf in Iraq on June 1st. This marks the first time a Saudi carrier has connected the two cities. The Saudi General Authority of Civil…
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Iraq and OPEC+ States to Extend Production Cuts until 2025
Iraq, along with other OPEC+ countries including Saudi Arabia, Russia, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, participated in an in-person meeting in Riyadh during the 37th OPEC and non-OPEC Ministerial Meeting (ONOMM). The meeting aimed to strengthen the precautionary efforts of OPEC+ to support the stability and…
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Iraq International Real Estate and Investment Expo Launched by Aqar Fair
Baghdad International Fair witnessed the launch of the third edition of the Iraq International Real Estate, Investment, and Building Supplies Exhibition. The event features participation from over 116 local, Arab, and international companies and will run from May 15 to May 18, 2024. The exhibition was successfully organised by Majd…
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New Overpass Connects Expressway and Army Canal Road
Prime Minister Mohammed S. Al-Sudani recently inaugurated a significant infrastructure project aimed at easing traffic congestion in Baghdad. The newly completed overpass connects Mohammed Al-Qasim Expressway with Army Canal Road from Al-Rustamiya, spanning 470 meters. This overpass is a crucial part of the first package of initiatives designed to alleviate…
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Investing in Iraq: Real Estate and Latest Technology
Iraq’s leading startup media platform, Iraqi Innovators, and the Iraqi Embassy in London, organised the conference titled “Investing in Iraq”, which took place at the Arab British Chamber of Commerce in London. the event provided a platform for the Iraqi diaspora in the UK to explore opportunities in Iraq’s booming…
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Dr Amet Selman’s keynote speech to IFA (International fertilizer association) in Singapore
Dr Amet Selman’s keynote speech to IFA (International Fertilizer Association) in Singapore. Nourishing the Planet, Powering the Future- aligning agribusiness with global trends. Ahead of his keynote speech to the IFA at their global conference in Singapore, Dr Amet Selman CEO of AAA Holdings, will speak on the importance of supporting global food…
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Jordan and Iraq Strengthen Ties at IBC Economic Forum
The Economic Forum for Financial, Industrial, and Commercial Partnerships between Iraq, Jordan, and the region successfully took place between the 5th and 6th of May, at the King Hussein Bin Talal Convention Centre, Dead Sea. His Excellency Dr. Majid Alsaidi, head of the Iraqi Business Council, opened the Economic Forum,…
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