Iraqi and Jordanian officials met online on Monday to discuss the way forward for a joint border economic city project after both sides designated the area where the venture will be established. During a meeting co-chaired by Minister of Industry, Trade and Supply, Maha Ali, and Iraqi Minister of Industry and Minerals, Manhal Aziz al-Khabbaz, the two sides stressed that this
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Reduced hydropower output in Iran amid a water scarcity has prompted Tehran to suspend electricity exports to neighboring Iraq, which relies on Iranian power and gas supply, Iraq’s Electricity Minister Adil Kareem was quoted as saying by Iranian Mehr News Agency on Tuesday. Major Iraqi power plants are dependent on Iranian natural gas supply, and Iraq also imports electricity
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Iraqi Finance Minister Ali Allawi announced that the 2022 budget, which the ministry began preparing a few days ago, will have a reform dimension, as it “different from previous budgets” and reflects “the reality of Iraq’s obligations.” The minister explained in press statements that the ministry will seek to submit this new budget to parliament before the early parliamentar
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BAGHDAD, Aug. 1 (Xinhua) -- Iraq's Ministry of Oil said on Sunday that the country exported 90.46 million barrels of crude oil in July, bringing in revenues of about 6.51 billion U.S. dollars. The average selling price for crude oil in July was 72 dollars per barrel, according to a ministry statement, citing statistics of the State Organization for Marketing of Oil. About
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By Sadraddin Aghjayev - Trend: Azerbaijan and Iraq are taking measures to reach new level of trade-economic cooperation, Minister of Transport, Communications and High Technologies of Azerbaijan Rashad Nabiyev said during joint briefing with his Iraqi counterpart Arkan Al-Shaibani, Trend reports on Aug.6. According to Nabiyev, since the beginning of 2021, trade between Az
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