Asia Iraq Washington has rejected Iraq's request for $1 billion in cash from the Federal Reserve, on fears that it contradicts efforts to curb Baghdad's use of the dollar and stop the flow of illicit money to Iran
Asia Iraq The 7,5 km Hamrin concrete bridge in Diyala province, which will be the longest in Iraq, has been temporarily opened with 90% of construction completed after roads were damaged and traffic disrupted by rising water levels in the neighboring lake
Asia Iraq Between 500 and 700 tanker trucks are transporting Iraqi oil daily to Syria via a newly opened border crossing, as Baghdad seeks alternative export routes amid ongoing challenges with maritime shipping through the Strait of Hormuz
Asia Iraq As Iraq seeks to diversify its export away from the Strait of Hormuz, news report that Ministry of Oil received a strategic proposal from Hong Kong-based Heritage Funds to build a nationwide pipelines network under an EPC model funded through oil barter
Asia Iraq Umm Qasr port, Iraq's sole deep-water port will receive $120 million from International Finance Corporation (IFC), the World Bank Group’s private-sector arm; through Aloreen Company for Investments new equipment for port services will be funded