By John Lee. Iraq’s state-run Iraqi News Agency (INA) has quoted the Undersecretary of Extraction at the Ministry of Oil, Bassem Muhammad
Iraqi dinars will be sole currency allowed for financial contracts: Council of Ministers
A maximum monthly limit will also be established by the Ministry of Planning for the coverage of contracts in US dollars, with the Central Bank of Iraq ensuring coverage at an exchange rate of 1,320 …
Historic Iraq-Iran railway link ready in 18 months -Iraq transport adviser
Iraq hopes to complete its first railway link with neighbouring Iran within 18 months, largely to help facilitate the transport of millions of pilgrims that visit Shi’ite Muslim shrines in Iraq each …
Iraq To Insist That Local Transactions Are In Dinars
By John Lee. Iraq will require that all transactions inside the country are made using the Iraqi dinar from 2024, and not the US dollar….
Former Unilever Pakistan CEO Shazia Syed makes it to Forbes list of top 100 executives in Middle East
KARACHI: Shazia Syed, former CEO of Unilever Pakistan who is currently leading the Unilever North Africa, Iraq, and Levant business, has been recognised as one of the prestigious Forbes Middle East …
Starting 2024: All dealings restricted to local currency in Iraq
As of the beginning of 2024, all internal transactions and dealings will be restricted to local currency in Iraq, Bloomberg reported Monday, …
Ex-Unilever Pakistan CEO makes it to Forbes top 100 executives in MENA
Shazia Syed, the former CEO of Unilever Pakistan and current head of Unilever’s North Africa, Iraq, and Levant business, has achieved a significant accolade as Forbes, the renowned American business …
Iraq: Torture Survivors Await US Redress, Accountability
The United States government has apparently failed to provide compensation or other redress to Iraqis who suffered torture and other abuse two decades after evidence emerged of US forces mistreating …
Iran parades new ‘longest-range’ drone on Iraq war anniversary, state media report
Iran on Friday paraded its military hardware on the anniversary of its 1980s war with Iraq, including “the longest-range drone in the world” along with ballistic and hypersonic missiles, Iranian state …
Iraq’s Sudani says fight against corruption remains foremost priority
ERBIL, Kurdistan Region – The fight against endemic corruption in Iraq, long plagued by a myriad of conflicts and wars, remains the government’s foremost priority, Iraqi Prime Minister Mohammed Shia’ …