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by Iraq localize Various media sources say that Iraq has banned eight local commercial banks from making transactions in U.S. dollars. This precludes these banks from taking part in the Central Bank’s daily dollar auction. The banks are reported to be: Last week, the US Treasury Department sanctioned Al-Huda Bank, and its owner and Chairman, Hamad al-Moussawi, […]

by Iraq localize US-based Cdata Software has won a contract with the United Nations Office for Project Services (UNOPS) for, “provision of integration solutions for the Treasury Management System (Licenses Renewal).“ The contract is valued at $32,498. (Source: UNGM)

by Iraq localize A committee of the Ministry of Industry has approved a plan to build an industrial city at the site of the General Company for Iron and Steel in Basra. According to a statement from the Ministry, the new development will be build in collaboration with a Chinese company, and based on the Industrial Cities

by Iraq localize On 6 February 2024, the Kurdistan Regional Government’s Prime Minister, Masrour Barzani, welcomed James Goldman, the newly appointed British Consul General to the Kurdistan Region. Prime Minister Barzani extended his congratulations to Consul General Goldman on his new role and emphasised the KRG’s commitment to advancing bilateral ties between the two regions.

by Iraq localize Italian connectivity services provider Sparkle has announced the expansion of its network footprint to Iraq with the opening of a new Point of Presence (PoP) in Erbil, in cooperation with Novel Point, an Iraqi international provider of connectivity and ICT solutions. According to a press release: “The PoP in Erbil leverages Novel Point’s cutting edge

By: Iraq localize The President of Iraq’s National Investment Commission (NIC) has said that two major international investment opportunities — the Baghdad Metro and the Najaf-Karbala Metro (Phase I) — will be announced on Monday, 12th February. Dr. Haider Mohammed Makiya said the selection of international executing companies will be done, “through the Iraqi government’s international consultant, who has been contracted

With reference to Article 17 of the Federal General Budget Law for the years 2023, 2024, and 2025, specifically Paragraph Six – A, the Ministry of Trade hereby mandates that all registered companies must utilise the IQ domain. This directive is to be carried out in collaboration with the Communication and Media Commission. Additionally, companies

By Iraq-Localize Baghdad, Iraq – In an official statement released today, the Iraqi Ministry of Trade emphasized the importance of complying with the Commercial Agency Regulation Law No. 79, issued in 2017. The ministry highlighted the specific requirement for commercial agents to submit their renewal applications within a designated period of 60 days. This timeframe,

By Iraq-Localize Baghdad, Iraq – In response to numerous requests from various companies, the Iraqi Ministry of Finance has issued a Circular Letter extending the deadline for the submission of financial statements. This decision aims to facilitate companies in providing accurate and timely financial documentation, considering the current economic challenges faced by the Iraqi economy.

The Turkish language has been officially recognized in the city of Kirkuk, Iraq, alongside Arabic, Kurdish, and Syriac languages. This addition was met with approval, especially from the Turkmen community, as they form a significant portion of Kirkuk’s population. Road signs will now also be displayed in Turkish, following a decision made in 2008 that