Iraq to launch $119m energy investment corporation

Baghdad (IraqiNews.com) – In a strategic move to bolster its energy sector, Iraq has approved the creation of a new $192 million corporation dedicated to investing in energy-related projects across the oil-rich country. The decision, made by the Iraqi …

Attorney General to take legal action against those involved in importing medicine from Iraq

Attorney General Al-Siddiq Al-Sour confirmed that legal measures will be taken against those implicated in the controversial importation of cancer medication from Iraq. This announcement came during a meeting with Acting Health Minister of the Government …

Iraq warns of water crisis before PM Al-Sudani's visit to Turkey

Although these marshes are listed as UNESCO World Heritage sites, much of the area has dried up. [Getty] Iraq is intensifying diplomatic efforts to address a worsening water crisis, as Prime Minister Mohammed Shia' Al-Sudani prepares for a high-level …

Iraq's digital leap: E-Payments surge for government

2025-05-07T10:07:58+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Rafidain Bank reported a sharp increase in electronic payment settlements for government institutions in early 2025. In a statement on Wednesday, the bank revealed that total …

GCC backs Kuwait in its maritime dispute with Iraq

Can Iraq secure funds for $100bln projects?

Iraq has allocated more than $100 billion for projects covering infrastructure, power, water, housing and tourism for the next few years. But OPEC’s second largest oil producer appears to be suffering from cash shortages, fueling speculation that it may …

Iraq to Establish $190m Energy Investment Company

By John Lee. Iraq's Council of Ministers has approved the formation of a new private limited company focused on energy sector investments, with an initial capital of 250 billion Iraqi dinars (approximately $190 million), subject to increase. The …

Iraq Signs €130m Infrastructure Agreements with France

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 …

Iraq to buy Biometric Cameras from Korean Firm

By John Lee. Iraq's Council of Ministers has approved the signing of a contract addendum between the Independent High Electoral Commission (IHEC) and South Korean firm Miro to supply biometric cameras for voter verification devices. The cameras will …

Azerbaijan’s FM heads to Iraq for official visit

Azerbaijan's Foreign Minister Jeyhun Bayramov (Photo: mfa.gov.az) Azerbaijan’s Foreign Minister Jeyhun Bayramov on Wednesday left for Iraq on an official visit. As part of the visit, FM Bayramov is scheduled to meet with Deputy Prime Minister and …