Economy

  • Economic Experts Debate Debt and Climate Finance Strategies

    Minister of Finance Taif Sami emphasised the importance of regional and international cooperation in addressing economic challenges during her participation in the Ninth Arab Public Finance Forum. The event, held in Jumeirah, Dubai, was organised by the UAE Ministry of Finance in collaboration with the Arab Monetary Fund and the…

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  • Zero Paper Initiative Pushes Iraq’s E-Governance Forward

    The Ministry of Finance, represented by its Government Procedures Simplification Team, took part in the annual conference of the Supreme Committee for Simplifying Government Procedures and Services, held at the Rashid Hotel in Baghdad. The delegation was led by the Director General of the Administrative and Financial Department, Mr. Sadiq…

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  • Tokyo, Baghdad Strengthen Financial Ties

    Taif Sami Muhammad, Iraq’s Minister of Finance, met with Akira Endo, the newly appointed Japanese Ambassador to Iraq on the 30th of January. The meeting, which took place at the Ministry’s headquarters, focused on strengthening economic and financial cooperation between the two countries. Discussions highlighted the importance of applying Japanese expertise…

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  • Iraq Foundation Event: New Economic Opportunities for UK Investors

    The Iraqi Foundation for Foreign Policy held its inaugural event on 21st November 2024 at the Palace of Westminster, London, focusing on Iraq’s economic development and opportunities for collaboration between Iraq and the United Kingdom. Mohammed al-Najjar, Advisor to the Iraqi Prime Minister on Investment Affairs and CEO of the…

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  • Green Economy at Heart of Iraq-UK Climate Deal

    In a significant step towards strengthening bilateral relations and addressing global environmental challenges, Prime Minister Mohammed S. Al-Sudani met today with the United Kingdom’s Secretary of State for Foreign, Commonwealth and Development Affairs, Mr. David Lammy, at the Prime Minister’s residence in London. The high-level discussions revolved around expanding cooperation…

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  • UK-Iraq Partnership Focuses on Economic Growth Under Starmer

    UK Prime Minister Keir Starmer and Iraqi Prime Minister Mohammed Shia’ Al Sudani have strengthened bilateral relations, focusing on economic growth and cooperation. “Today marks a new era in UK-Iraq cooperation, delivering mutual benefits across trade and defence as we work together for regional stability,” said PM Starmer. Jonathan Reynolds,…

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  • Iraq Showcases Investment Opportunities at Paris Summit

    Iraq participated in the fifth economic summit of the Arab-French Chamber of Commerce, held in Paris, showcasing its potential as a strategic partner for investment and economic collaboration. The event brought together officials, investors, and business leaders to discuss opportunities and foster closer ties between Arab nations and France. Dr.…

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  • Iraq and ADX Focus on Capital Market Integration

    During an official visit to Abu Dhabi, Faisal Al-Haimus, Chairman of the Iraqi Securities Commission, met with Abdullah Salem Al-Nuaimi, CEO of the Abu Dhabi Securities Exchange (ADX), to discuss enhancing cooperation between the Iraq Stock Exchange (ISX) and ADX. This collaboration is aimed at boosting the efficiency of both…

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  • New Currency Options Open for Iraqi Trade Financing

    Iraq’s Central Bank has introduced a broader range of currencies for financing international trade. In addition to the US dollar, Iraqi banks can now engage in transactions using the Jordanian dinar, Saudi riyal, and euros for trade with Turkey. Previously, financing via euros was only permitted for transactions with European…

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  • NIC Takes Steps to Facilitate Investment in Iraq

    On Sunday, December 15, 2024, the National Investment Commission (NIC) held its ninth regular meeting, chaired by Professor Dr. Haider Muhammad Makiya. The meeting focused on a number of important topics aimed at improving Iraq’s investment environment and supporting economic growth. One of the main topics discussed was the investment…

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