Iraq · Country watch
Iraq-Germany Urban Talks, Al-Zaidi's Oil Vision
Iraq explores urban development with Germany and aims for 10M bpd oil capacity, impacting investment and energy sectors.
The picture Improving
Iraq's business conditions improve as talks with Germany on urban development and efforts to boost oil capacity signal potential growth in investment and energy sectors.
In this briefing Ministry of Planning (Iraq) · International Organization for Migration · National Investment Commission · Schlegel and Partners · Ali Faleh Al-Zaidi · US banks
Regulation
Population Distribution Report Launched in Baghdad
Iraq's Ministry of Planning and the International Organization for Migration (IOM) have launched a report on population distribution titled 'Migration Challenges and Inequality: Towards a Balanced Map for Development and Stability.' The report examines the relationship between population distribution and spatial development, according to Iraq Business News. This initiative aims to inform future urban planning and development policies.
Impact Public-sector planners and policy-makers gain insights into population distribution for informed urban development strategies.
Sources: Iraq Business News ↗
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
Nothing significant reported today.
Companies
Iraq in Talks with Germany's Schlegel on Urban Development
Iraq's National Investment Commission (NIC) has initiated discussions with German consultancy Schlegel and Partners on potential investment and advisory cooperation. The talks, attended by officials from the Muthanna Investment Commission, focused on urban development and infrastructure projects, according to Iraq Business News. Schlegel and Partners specialize in advisory services, and their involvement could enhance Iraq's urban planning and development capabilities.
Impact Construction firms and public-sector planners in Iraq gain potential access to German expertise and investment in urban development.
Sources: Iraq Business News ↗
Markets
Nothing significant reported today.
Trade
Nothing significant reported today.
Politics
Al Zaidi courts US banks in New York targeting 10M bpd oil capacity
Prime Minister Ali Faleh Al-Zaidi met with US banks in New York to discuss Iraq's ambition to increase its oil production capacity to 10 million barrels per day. This meeting, reported by Iraqi News, was part of Iraq's broader strategy to attract foreign investment and boost its energy sector. Al-Zaidi's engagement with US financial institutions aims to secure funding for infrastructure and technological upgrades necessary for achieving this target.
Impact Energy companies and financial institutions see potential opportunities in Iraq's plan to expand oil production capacity.
Sources: Iraqi News ↗
Also today in Iraq
- At Least 14 Killed, Including Two Senior Military Officials, in Plane Crash in Congo — PUKmedia Kurdish
- Iraq beats Kuwait 3-2 in Gulf Cup thriller with dramatic late winner — Iraqi News
- PM Al Zaidi meets UN High Commissioner for Refugees Barham Salih in New York — Iraqi News
- Iraq and US sign accord handing over diplomatic center at Baghdad Airport — Iraqi News
- TikTok agrees to teen limits in US settlement following Meta — Iraqi News
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
The same day elsewhere
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- Egypt: CBE Lowers Inflation Forecast, Gold Exports Drop
- Spain: Ceuta Protests Intensify, Spanish Bond Yields Surge
- France: Clermont-Ferrand Incident; Foreign Investment Scrutiny
- United Kingdom: SNP Planning Law Shift, UK-UAE Tensions Rise
- Indonesia: Pertamina Fuel Prices Rise, Padang-Solok Road Closed
- Israel: E1 Tender Postponed, UN Blacklist Impacts Israeli Firms
- India: TRAI TV Rules, Heavy Rain Disruptions, Nifty Losses
- Iran: Strait of Hormuz Reopening, US Warns Iran's Partners
- Jordan: Jordanian Firms at Saudi Expos, Water Theft Crackdown
- Japan: Kumamoto Evacuation, Finance Minister on Yen
- Kenya: Ruto's Coastal Tour, Digital Attacks Surge
- South Korea: Chuseok Traffic Woes, Korea-Mexico Trade Talks
- Lebanon: Lebanon Fuel Strike Begins, Inflation Concerns Worsen
- Morocco: Tensions in Tangier, Power Outage Scheduled
- Mexico: Hurricane Polo Disrupts Ports, EU Trade Concerns
- Malaysia: Minimum Wage Hike Planned; Bangkok Flood Alert
- Nigeria: Petrol Prices Drop, Diphtheria Crisis, Naira Stability
- Netherlands: Dutch Budget Talks, Green Claims Fines, Police Action
- Poland: Road Blockade Near Lublin, Eurozone Economic Signals
- Portugal: SNS Access Proposal, Portugal's Budget Debate
- Russia: Sochi Airport Closes, Ukraine's Steel Production Halts
- Senegal: Senelec Vandalism and Chinese Hospital Ship
- Syria: Syria-Iraq Gasoline Corridor, Syrian-Jordanian Banking
- Turkey: Turkey Freezes Assets, Istanbul Power Cuts
- Ukraine: Kyiv Data Center Shuts, Ukraine Eyes Baltic Ports
- United States: U.S.-China Tariff Deal, Northeast Storm Disrupts
- Vietnam: New Rice Export Rules, SCIC Investment Model
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