ILO, CBI promote financial literacy in southern Iraq

Baghdad (IraqiNews.com) – Together with the Italian Agency for Development Cooperation (AICS), the International Labor Organization (ILO) and the Central Bank of Iraq (CBI) are working on empowering people and companies in southern Iraq with financial literacy skills. A week-long program entitled ‘Towards Encouraging Savings to Enhance Financial Inclusion’ launched last week

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Rains refill Iraq’s drought-hit reservoirs

Darbandikhan – The reservoir behind the massive Darbandikhan dam, tucked between the rolling mountains of northeastern Iraq, is almost full again after four successive years of drought and severe water shortages. Iraqi officials say recent rainfall has refilled some of the water-scarce country’s main reservoirs, taking levels to a record since 2019. “The dam’s storage cap

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Iraq’s first solar power plant sees progress

Baghdad (IraqiNews.com) – Iraq is now moving forward with the construction of its first large-scale solar power facility. The Iraqi government has increased its efforts to carry out a more ecologically friendly energy strategy, which combines the inclusion of renewable energy sources with a reduction in gas flaring from oil activities. A one-gigawatt solar power plant wil

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Iraq to produce 7 million tons of wheat this season

Baghdad (IraqiNews.com) – The Iraqi Minister of Agriculture, Abbas Al-Maliki, said on Wednesday that Iraq is expected to produce seven million tons of wheat during the current season. Al-Maliki’s remarks took place during his meeting with the British Prime Minister’s Trade Envoy to Iraq and President of the Iraq Britain Business Council (IBBC), as well as a group of research

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International firms compete for 30 energy projects in Iraq

Baghdad (IraqiNews.com) – In its effort to boost the national economy and attract foreign investments, the Iraqi Ministry of Oil revealed a new round of oil exploration and production licenses, aiming to attract international energy companies to carry out 30 strategic projects in various areas of Iraq. International companies taking part in Iraq’s oil and gas sector withdrew

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