News & Announcements

Iraq's state-owned railways company announces plans to rehabilitate 100 passenger cars, as well as add new locomotives into service that will incorporate modern technology, signifying a leap in the area of rail transport.

The governments two banks will run a credit program to help citizens finance private housing projects.

Iraq recently unveiled an ambitious Integrated National Energy Strategy, which aims to raise $6 trillion from oil and gas sales by 2030 and massively increase local power generation. Iraq anticipates it will increase employment levels and living standards through this strategy.

The Deputy Chair of the Embassy of the Republic of Iraq to Washington DC and the Vice President of the World Bank for the Middle East and North Africa signed, at the headquarters of the Bank in Washington DC, on Tuesday 20th December, 2016 two loans, first of which is at the value of ( $ 1 billion , 443, 820,000 ) to support the Iraqi investment policy, and the second is at the value of ( $ 41 million , 500, 000) to finance public projects.

Iraq’s Ministry of Oil recently approved a contract for a Karbala refinery, which will produce a wide range of petroleum products and serve growing domestic demand.

(Reuters) - Iraq has captured a suspected al Qaeda cell that planned to produce chemical poisons such as mustard gas to attack Iraqi forces and to ship overseas for attacks on Europe and the United States, the government said on Saturday.

The announcement was made as investigators look into allegations over the use of sarin nerve gas in next-door Syria where rebels and President Bashar al-Assad's forces have blamed each other for using chemical weapons.

The heritage sword was repatriated by U.S. Immigration and Customs Enforcement (ICE) at a private ceremony at Ambassador Faily’s residence in Washington, DC.

Iraq is pumping crude at a record pace and will continue to boost exports this year amid a supply glut that’s pushed prices down, Oil Minister Adel Abdul Mahdi said.

President Masum talks about the state of the Iraqi army; the war against Daesh; sectarian divisions in the country; and the role of both the United States and Iran in Iraq.