Economy
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Northern Gateway Project Enhances Road Links Between Najaf and Karbala
The Ministry of Planning announced progress on the Northern Gateway Project in Al-Najaf Al-Ashraf, a key infrastructure initiative designed to improve road connectivity between Najaf, Karbala, and neighbouring governorates. According to the ministry, the project includes the construction of several main structures and facilities, most notably an eight-storey tower building…
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Iraq Launches 2025 Job Fair Offering 2,000 Youth Opportunities
Under the supervision of the Minister of Youth and Sports, Dr Ahmed Al-Mubarak, Iraq today launched the 2025 Job Fair in Baghdad, implemented in cooperation with the German development agency GIZ. The four-day event aims to provide job opportunities for young Iraqis in the private sector, foster partnerships between companies…
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Iraq and BP Activate Kirkuk Oil Development Contract
Iraq has officially activated the contract to develop four major oil fields in Kirkuk and rehabilitate gas facilities. The agreement was signed between the North Oil Company, North Gas Company, and BP (British Petroleum), under the patronage of the Deputy Prime Minister for Energy Affairs and Minister of Oil, Engineer…
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Iraq Unveils $450 Billion Investment Opportunities for Growth
Prime Minister Mohammed S. Al-Sudani announced $450 billion in investment opportunities across multiple sectors during the Iraq Investment Forum in Baghdad, held in partnership with the Prime Minister’s Office, the National Investment Commission (NIC), and the Iraqi Economic Council (IEC). The two-day event showcased more than 160 projects aimed at…
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Iraq to Host Major Investment Forum in Baghdad
Baghdad is preparing to host a significant investment forum on September 27-28 at the Al-Rasheed Hotel, bringing together local and international investors to explore promising opportunities across Iraq’s key economic sectors. The event is part of the government’s broader strategy to attract investment, stimulate job creation, and support sustainable economic…
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Iraq Launches Central Laboratories to Boost Scientific Research
The Minister of Higher Education and Head of the Iraqi Atomic Energy Authority, Dr Naeem Al-Aboudy, laid the foundation stone for the Ministry’s new central laboratories and critical research facilities. The ceremony was attended by university presidents, government advisors, officials from the Iraqi Atomic Energy Authority, and representatives of diplomatic…
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Toyota Launches First Industrial Project in Iraq
Prime Minister Mohammed Al-Sudani launched the Toyota Iraq Industrial, Storage, and Service Investment Project in Baghdad, marking what is being presented as the start of car manufacturing in Iraq. The cornerstone ceremony was held under the patronage of the Prime Minister and the National Investment Commission, with the participation of…
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Al-Sudani Launches Iraq Vision 2050 for Economic Transformation
Prime Minister Al-Sudani has officially launched Iraq Vision 2050, a long-term development plan aimed at reshaping the country’s economy, governance, and society. The launch ceremony on Saturday brought together senior officials, private sector leaders, diplomats, academics, and members of the media. The vision sets out five main goals: building a…
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Iraq Launches First Plastic Granules Factory in Babylon
Prime Minister Mohammed Shia’ Al-Sudani has laid the foundation stone for Iraq’s first plastic granules factory in Babil Governorate, describing it as a key step in building the country’s industrial future. The project, developed by the United Company for Petrochemical Industries, will have a daily production capacity of 960 tons.…
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Karbala Solar Plant Marks Iraq’s First Renewable Energy Project
Prime Minister Al-Sudani on Sunday inaugurated the first phase of the Karbala Solar Power Plant, marking Iraq’s entry into solar-generated electricity. The launch, held via video conference, was attended by the Minister of Electricity and local officials. The Karbala project is the first of its kind in Iraq and currently…
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