Economy

The Mayor of Baghdad announced the launch of several infrastructure development projects in the Iraqi capital.

The Iraqi government launched a comprehensive digital transformation initiative for government services.

The Iraqi government announced plans to expand Basra Port to enhance its capacity for large commercial vessels.

The Iraqi Ministry of Electricity announced new investments in solar and wind energy projects to diversify energy sources.

Iraq is witnessing growth in entrepreneurship as Iraqi youth launch innovative startups across various sectors.

The Baghdad Metro project feasibility study has reached its final stages in preparation for the ambitious project implementation.

The Iraqi Ministry of Agriculture adopted modern farming technologies to improve agricultural production and achieve food security.

The Central Bank of Iraq launched new initiatives to enhance digital banking services and improve the country's financial system.

Iraq achieved a new record in crude oil production during October, reaching 4.8 million barrels per day.

Iraq is witnessing notable growth in the tech startup ecosystem with dozens of innovative projects being launched.

Modernization and development work has begun at Kirkuk oil refinery using advanced technologies to increase production capacity.

Expansion work has begun at Erbil International Airport to increase its capacity and keep up with increased aviation traffic.

Baghdad Municipality launched the smart city initiative to digitize services and improve quality of life in the capital.

The Basra International Trade Fair opened with wide participation from 25 countries and more than 500 local and international companies.