Economy
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Iraq Investors Rank Fifth in Turkey’s Property Market in November
Iraqi nationals continued to demonstrate strong engagement in Turkey’s real estate sector, ranking fifth among foreign property buyers in November, according to data released by the Turkish Statistical Institute (TURKSTAT). The figures highlight the resilience of Iraqi investment activity in the Turkish market despite ongoing regional and global economic pressures.…
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Hamad Port Seeks to Boost Iraq-Qatar Trade Links
Trade Minister Dr Ather Dawoud Salman visited the Port of Hamad in Qatar to inspect its infrastructure and advanced logistics services, exploring opportunities for Iraqi traders and entrepreneurs to benefit from its operational capabilities. During the visit, the Minister received a presentation on the port’s handling, storage, and transportation technologies,…
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Iraq’s Mining Industry Achieves Global ISO Certifications
The General Corporation for Mining Industries, under the Ministry of Minerals and Industry, has received ISO 14001:2015 Environmental Management and ISO 45001:2018 Occupational Health and Safety certifications. The awards were granted by the Quality Assurance Company and recognised with merit by IFC Global. Engineer Muhammad Qasim Muften, the company’s General…
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Iraq Highlights Economic Reforms at Common Fund Meeting
The Ministry of Commerce has taken part in the 37th annual meeting of the Council of Governors of the Common Fund for Essential Commodities in The Hague, represented by Riyadh Fakher Al Hashmi, Director General of the Foreign Economic Relations Department and Iraq’s governor to the fund. The ministry said…
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Iraq Advances Tourism Sector with Arab Cooperation
Prime Minister Mohammed S. Al-Sudani received on Wednesday Mr. Bandar bin Fahd Al-Fahaid, President of the Arab Tourism Organization, to discuss enhancing Iraq’s tourism industry and the role of the banking sector in supporting investment across the sector. The meeting highlighted preparations for two upcoming conferences in Baghdad: an Arab…
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Iraq, Italy Discuss Expanding Bilateral Economic Cooperation
Iraq’s Private Sector Development Department in the Ministry of Trade and the Iraqi-Italian Business Council met to explore ways to expand economic cooperation and investment opportunities between the two countries. Dr. Malik Al-Dari’i, General Manager of the Department, said discussions focused on attracting Italian companies to Iraq, particularly in industry,…
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Al-Sudani pushes progress on Iraq’s Development Road
Prime Minister Mohammed Shia Al-Sudani on Monday reaffirmed the strategic importance of the Development Road Project, urging accelerated progress and closer coordination with specialists to complete its requirements. According to a statement from the Prime Minister’s Media Office, Al-Sudani chaired a meeting of the Higher Committee for the Development Road,…
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Iraq’s Development Road: Bridging the Gulf to Europe
Iraq is stepping into a new phase of development with the launch of the Development Road, an ambitious $17 billion project designed to link the Grand Al-Faw Port to Turkey and Europe through a network of railways and highways. One of the most significant transport and logistics plans of Iraq…
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Iraq and Sweden Discuss Expanded Industrial Cooperation
Iraq’s Minister of Industry and Minerals, Khaled Battal Al-Najm, met on Sunday with Jörgen Linderstom, the Chargé d’Affaires at the Swedish Embassy in Baghdad, to discuss ways to strengthen industrial cooperation between the two countries. During the meeting, the minister instructed the Ministry’s Investment Directorate to coordinate with a Swedish…
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Basra Hosts IBBC Conference to Promote Trade and Investment
Basra hosted the Iraq-Britain Business Council (IBBC) Conference over the past two days, bringing together senior Iraqi officials, UK representatives and international companies to discuss investment, infrastructure and economic cooperation. Held under the theme “Gateway to Iraq,” the conference focused on positioning Basra as a central hub for trade, logistics…
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