The Minister Of Finance Discusses With The Iraqi Economic Council Mechanisms To Enhance Investment Opportunities
Tuesday, May 20, 2025 | EconomicNumber of readings: 46 Baghdad / NINA / Minister of Finance Taif Sami Mohammed received the head of the Iraqi Economic Council and his accompanying delegation. During the meeting, they discussed prospects for cooperation between the two sides, focusing on enhancing investment opportunities and developing economic partnerships.
The Minister stressed, according to a statement by the ministry, the keenness to open effective channels of communication with economic entities and support initiatives aimed at stimulating the investment environment, providing job opportunities, and driving the wheel of development.
Meanwhile, the Iraqi Economic Council called on the Ministry of Finance to support the Economic Investment Conference scheduled to be held in early June, through coordination and providing the necessary facilities for the success of its work.
The two sides stressed the importance of the conference contributing to highlighting investment opportunities in various sectors and attracting capital.
The Council delegation also stressed the importance of the ministry’s participation in preparing workshops and discussions related to financial reform and developing the investment environment, as it is a pivotal body in formulating economic policies. /End https://ninanews.com/Website/News/Details?key=1228117
Investment Authority: Large Companies Are Keen To Enter Iraq
Chairman of the National Investment Commission, Haider Makiya Money and Business Economy News – Baghdad The National Investment Commission confirmed on Tuesday that there is significant interest from major companies in entering Iraq.
Chairman of the National Investment Commission, Haider Makiya, said in a statement reported by the official news agency and seen by Al-Eqtisad News, that “Iraq has witnessed a significant influx of foreign investments over the past two years, exceeding $64 billion.”
He explained that “this figure reflects the success of the investment planning that was completed in 2023, and we began to reap its fruits in 2024 and 2025,” noting that “most of these investments belong to major companies that operate directly within Iraq.”
He added that “the Prime Minister clearly indicated in the House of Representatives the size of these investments, which exceeds $60 to $63 billion.” https://economy-news.net/content.php?id=55652
Fluctuations In The Dollar Exchange Rate In Baghdad
Economy | 05/20/2025 Mawazine News – Baghdad – The US dollar exchange rate remained volatile against the Iraqi dinar on Tuesday, with the closing of trading on the Al-Kifah Stock Exchange.
The selling price was 143,500 dinars for $100, while the buying price was 141,500 dinars for $100.
Amid the discrepancy between the official and parallel rates, most local markets are experiencing a state of stagnation due to their impact on the US dollar. https://www.mawazin.net/Details.aspx?jimare=261706
Iraq Praises NATO’s Training And Advisory Role
Local | 05/20/2025 Mawazine News – Baghdad – Deputy Commander of Joint Operations, Lieutenant General Qais Al-Mohammadawi, praised today, Tuesday, the significant role of the NATO mission in Iraq.
The Joint Operations Command said in a statement received by Mawazine News: “Deputy Commander of Joint Operations, Lieutenant General Qais Al-Mohammadawi, received today at the command headquarters, the Commander of the NATO Mission in Iraq, Major General Christoph Hintery, on the occasion of his assumption of his position, succeeding Lieutenant General Lukas Schweizer, whose duties within this mission have ended.”
According to the statement, Al-Mohammadawi praised “the role of the former NATO mission commander and what he provided during his presence in Iraq, and his keenness to strengthen the bonds of friendship and cooperation, wishing him success in his new work.
The Deputy Commander of Joint Operations also congratulated the new NATO mission commander on assuming his duties, and on completing his predecessor’s path in supporting joint work between Iraq and the NATO mission.”
He praised the “significant role of the NATO mission in Iraq,” stressing the “importance of developing bilateral relations to serve common interests and enhance the effectiveness of mutual action, particularly in the areas of training, capacity building, developing capabilities, and providing advice to the Iraqi security forces, in accordance with the mission’s primary mission.”
https://www.mawazin.net/Details.aspx?jimare=261699
A Slight Increase In Gold Prices In Local Markets
Economy | 05/20/2025 Mawazine News – Baghdad Gold prices witnessed a significant increase in local markets on Tuesday. Gold prices were as follows: 21-carat mithqal: 655,000 dinars 18-carat mithqal: 560,000 dinars
22-carat mithqal: 686,000 dinars 24-carat mithqal: 748,000 dinars https://www.mawazin.net/Details.aspx?jimare=261698
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