PoliticsBreakingGulf CountriesMuhammad Shiaa Al-SudaniOfficial Visit 2024-04-25 10:04ShareFont Shafaq News/ An informed political source said on Thursday that the Iraqi Prime Minister will pay a visit to Saudi Arabia at the end of this month. The source told Shafaq News Agency: “The visit comes to participate in the special meeting of the World Economic Forum, which will be hosted by Riyadh on April 28 and 29.” Last week, the Iraqi Prime Minister made a visit to the United States of America that lasted for several days. https://shafaq.com/ar/%D8%B3%DB%8C%D8%A7%D8%B3%D8%A9/%D8%A7%D9%84%D8%B3 ..read more

23rd April 2024 in Investment, Iraq Industry & Trade News By John Lee. Iraqi Finance Minister Taif Sami met with World Bank Executive Director for Iraq, Abdulaziz Al Mulla, to discuss the World Bank’s support for Iraq, including financial aid, technical support, and capacity building. Al Mulla emphasized the bank’s commitment to supporting member countries and that Iraq would benefit from the World Bank’s programs aimed at bolstering the Iraqi economy. Minister Sami also met with International Finance Corporation (IFC) Vice President Hela Cheikhrouhou to ..read more

Bank of Baghdad Banks     The Chairman of the Board of Directors of the Bank of Baghdad, Majid Al-Saadi, announced that the meeting of the General Authority of the Bank will be held on May 18 in Baghdad. Al-Saadi said that the next meeting of the General Assembly of the Bank of Baghdad will decide to increase the bank’s capital from 300 billion dinars to 400 billion dinars in response to the decision of the Central Bank, and the increase will be free shares. He added that the meeting will also discuss the conclusion of the administration agreement between the Jordan Kuwait Bank ..read more

14:52 | 2024, April 24 The fourth – Baghdad Trade Minister Atheer Daoud Salman Al-Ghurairi announced today, Wednesday, the completion of the completion of the two initial offers of goods and services and their official submission to the WTO Secretariat through official channels. In a statement received by (Fourth), the Minister stressed that “this important step comes in the context of the efforts of the Iraqi government and its program to promote international trade and achieve sustainable development, which reflects its commitment to ensuring global economic integration and expand economic ..read more

24th April 2024 in Investment, Iraq Industry & Trade News, Politics By John Lee. The Iraqi Ministry of Planning has held a meeting to prepare the five-year National Development Plan (NDP) for 2024-2028. Led by Dr. Maher Hamad Johan, the ministry’s Undersecretary for Technical Affairs, the meeting discussed upcoming steps for the plan, including design, printing, review, and formulation processes, as well as media campaigns for the plan. The discussion included providing technical support for the private sector and the Central Statistical Organization (CSO)&nb ..read more

24th April 2024 in Iraq Banking & Finance News, Politics By John Lee. The International Monetary Fund (IMF) has published a “High Level Summary Technical Assistance Report” looking at the tax system in Iraq. The report identifies six core reform areas: Establishing a reliable taxpayer base; Improving core functions through implementation of the SA system; Focusing on large taxpayers’ compliance; Organizational design and workforce planning; Transitioning to a digital environment; and Reform[ing] governance. It says: “The Government of Iraq has embarked on a cons ..read more

Time: 2024/04/23 19:48:07 Read: 559 times    {Political: Al-Furat News} Prime Minister Mohammed Shia Al-Sudani chaired the cabinet session, in which he discussed the general situation in the country, discussed a number of important files, and discussed the topics on the agenda and took decisions and recommendations on them. At the beginning of the session, the Sudanese reviewed, according to a statement from his office, received by “Baghdad Today,” the results of his official visit to the United States this month, which came out with results in favor of Iraq in terms of economy, p ..read more

00:55 | 2024, April 23 Fourth – follow-up The US State Department confirmed that Prime Minister Mohammed Shiaa al-Sudani’s visit to Washington was successful, while noting that Iran “does not respect” Iraq’s sovereignty. “We find it particularly worrisome to resume attacks against U.S. individuals just hours after Iraqi Prime Minister Mohammad Shiaa al-Sudani completed a successful visit to Washington, so it seems clear that Iran does not respect Iraqi sovereignty,” ministry spokesman Matthew Miller said at a press conference. “We have seen these attacks in the past, and we have made it clear ..read more

Articles Samir Al-Nusairi     Economy News – Baghdad Samir Al-Nusairi During the visit of the Prime Minister to Washington and his meeting in the presence of the Governor of the Central Bank with the delegation of the US Treasury and the negotiations that took place on the financial and banking reform strategy implemented by the government and the Central Bank, the American side emphasized the praise of the reform measures and steps that resulted in regulating the financing of foreign trade and compliance with international standards in 2023 and the past months of 2024 and the ..read more

Banks     Economy News – Baghdad The Governor of the Central Bank of Iraq, on Monday, indicated the plan to reform the banking sector in Iraq, and while he touched on the issue of sanctions on Iraqi banks, he stressed that these measures did not threaten the Iraqi economy. The Governor of the Central Bank, Ali Al-Alaq, said in a televised interview followed by “Economy News”, that “the current Iraqi government is very focused very much on the dimension and economic renaissance, and the expansion of infrastructure and services,” noting that “this requires the existence of an act ..read more