PM Al-Sudani says Iraq’s non-oil revenue doubled to 14% in 2024 and tax income grew by 26%, as a new income tax law is being prepared.
Iraq starts tax reforms to attract investors
The Iraqi prime minister said that the Iraqi government would not accept any tax hike that creates a hostile business environment.
Iraq starts smart banking to enhance digital transformation
The IDB announced the launch of Iraq’s first smart branch, which would allow financial transactions to be done without the need for staff.
Chevron Heads Back to Iraq, Representing a Major Trend Reversal
The fact that Chevron is heading back to Iraq may lead to a win-win attitude that benefits both sides. Last week’s headline about Chevron potentially taking on new upstream exploration and development …
Turkey cuts 600 MW electricity line to Iraq over unpaid financial dues
Turkey cut off a 600 MW electricity line to Iraq due to unpaid dues, affecting Nineveh despite recent new deals with Turkish power suppliers.
Iraq Allows Jews To File Property Claims – The Forward
An estimated 135,000 Jews lived in Iraq. After 1948, the government removed them from civil service positions and barred them from enrolling in universities, traveling or buying and selling property.
Guide: Access to Finance for Iraqi Entrepreneurs
By John Lee. The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) has supported the Central Bank of Iraq (CBI) and the Iraqi Private Banks League (IPBL) in launching the Access to Finance …
Inflation in Iraq continues to decline
The Iraqi Ministry of Planning revealed on Sunday that the inflation rate in the country fell for the second straight month.
Iraq’s oil refining capacity reached 1.3 million bpd: PM Sudani’s office
ERBIL, Kurdistan Region – Iraq says it currently refines 1.3 million barrels of oil per day, making it one of the top Arab countries with the highest capacity in the field.’This growth and expansion …
Iraq’s Foreign Investment volume surpasses USD 100 billion in Two Years
The volume of Arab and foreign investments in Iraq has surpassed the USD 100 billion mark over the past two years, underscoring the Iraqi government’s resolve to foster …