AGP Executive Report
Last update: 3 hours agoAutomotive Industry: Construction has begun on Motorplex Iraq, a 225,000-square-metre automotive, driver-training and entertainment complex in Zakho, planned alongside a nearby logistics centre. Public Finance: The IMF has opened talks with Baghdad on a new lending program as war-related disruption compounds Iraq’s fiscal pressures; it forecasts the economy will shrink 16% this year. Oil Exports: Iraq and Syria are exploring revival of the Kirkuk–Baniyas pipeline, potentially capable of carrying up to 2 million barrels a day, and discussed wider trade links. Logistics: Port of NEOM and CEVA Almajdouie are studying an integrated freight corridor connecting Europe, Egypt, the Gulf and Iraq, with cross-border transport and warehousing. Investment: Iraq’s investment chief held talks with Qatari investors, while Baghdad signed a Huawei deal to develop digital infrastructure.
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