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By John Lee. Iraq's Finance Minister, Taif Sami, has signed a financing agreement for the maintenance of the Ministry of Electricity's power stations with JPMorgan, in partnership with General Electric (GE). The $257 million loan, guaranteed by the US Export-Import Bank (EXIM), is part of the fifth phase of the annual maintenance project. The agreement
Widespread public protests persist in the Iraqi capital city of Baghdad and other provinces, demanding that the Iraqi authorities increase public sector wages and transfer temporary workers to the government's permanent payroll.
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
An Iraqi delegation headed to Washington to gain US support for a decision by Iraq’s cabinet for revaluing the national currency, and waivers for Iraqi banks to pay back Russian energy firms.
A closer look at the new prime minister’s political career, past affiliations, and key cabinet picks as he attempts to balance relations with pro-Iran groups and wary U.S. officials.