AGP Executive Report
Last update: 3 hours agoBaghdad Infrastructure: Iraq’s Planning Ministry and the World Bank discussed financing water and sewage projects in Baghdad, with officials seeking faster delivery after an earlier loan stalled. Energy Finance: Pearl Petroleum raised $500 million through a bond issue to support development of the Khor Mor and Chemchemal gas fields. Corruption Cases: A court sentenced former oil products distribution chief Hussein Talib Abboud to eight years in prison over contracts worth $119 million and ordered repayment of 55 billion dinars. Kurdistan Politics: Parliament resumed after a two-year deadlock and elected its leadership, but the PUK and New Generation boycotted the session; President Nechirvan Barzani urged political forces to take part. Regional Ties: Iran says Iraq is among four countries whose vessels are exempt from Strait of Hormuz transit restrictions. US-Iraq Relations: Reports say Washington has warned Iraq of possible terrorism designations and sanctions targeting banks and individuals.
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