Category Archives: Uncategorized

Iraq signs seven investment contracts in partnership with the International Finance Corporation. Shafaq News – The Iraqi government signed seven investment contracts today, Saturday, in partnership and financing with the International Finance Corporation (IFC). This came during an official ceremony … Continue reading →

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Al-Sudani: Investments in Iraq reached $100 billion in two years. Shafaq News – Prime Minister Mohammed Shia al-Sudani said on Saturday that the government he heads truly believes in restructuring the Iraqi economy, which has been damaged by the wars … Continue reading →

To boost its reserves, Iraq revives an oil well that has been absent for three decades. Shafaq News – Sources in the North Oil Company, affiliated with the Iraqi Ministry of Oil, revealed on Saturday that drilling operations had begun … Continue reading →

Al-Abadi to Shafaq News: We did not boycott the elections and we support Al-Sudani’s second term. Shafaq News – Victory Coalition leader Haider al-Abadi confirmed on Saturday that his coalition was not boycotting the elections, nor would it field any … Continue reading →

Iraq moves to exploit its geographical location in the digital world to connect three continents Shafaq News – The Iraqi Ministry of Communications unveiled new plans on Saturday to leverage Iraq’s unique geographic location, making it a key link between … Continue reading →

Launch of the Partnership Day celebration between the International Finance Corporation and the Iraqi government The International Finance Corporation (IFC) and the Iraqi government launched a partnership day celebration a short while ago, under the patronage and attendance of Prime … Continue reading →

Source: Mysterious flight of five US aircraft over Makhmur, northern Iraq Al-Ma’alouma / Baghdad:  An informed source revealed on Friday the mysterious flight of five US military aircraft over a vital area in northern Iraq. The source told Al-Maalouma, “Since … Continue reading →

Economist: Weak refining capacity keeps Iraq dependent on fuel imports. Al-Maalomah/Baghdad… Economic expert Ali Al-Furaiji believes that Iraq’s weak refining capacity has kept it dependent on fuel imports. Al-Furaiji told Al-Maalomah, “Despite being the second-largest oil producer in OPEC, Iraq … Continue reading →

Iraqis cut food spending by a third due to rising living costs. The Iraqi Ministry of Planning revealed on Friday that food spending by Iraqi families has halved. It used to constitute more than 60% of total income in recent … Continue reading →