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Tag: MOU

The World Bank and Iraq signed an Agreement to empower Electricity Sector

The World Bank and Iraq signed an Agreement to empower Electricity Sector

The World Bank and Iraq have signed a loan agreement worth 200 million U.S dollars. The amount is dedicated to developing the electricity sector in the southern provinces of Iraq. The Deputy Prime Minister for Economic Affairs and Minister of Finance Fuad Hussein signed an MOU (memorandum of understanding) with the representative of the World Bank. Fuad Hussein is in charge of the government’s program to empower the relationship between Iraq and international society, and to get benefit from the…

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A New MOU Signed between Baghdad and Istanbul

A New MOU Signed between Baghdad and Istanbul

An MOU (memorandum of understanding) signed between Baghdad Chamber of Commerce and its counterpart in Istanbul. It would enhance trade exchange between both sides. The head of the Chamber at the Baghdad Chamber’s headquarters issued a statement that the head of Baghdad Chamber of Commerce Jaafar al-Hamdani received a large trade delegation representing the Istanbul Chamber of Commerce headed by Turkish Ambassador Fatih Yildiz. Al-Hamdani welcomed the guest delegation and thanked them for their visit and keenness to keep in…

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Iraq and Saudi Arabia signed 13 MOUs and Agreements

Iraq and Saudi Arabia signed 13 MOUs and Agreements

The Iraqi Prime Minister Adel Abdul Mahdi and King Salman bin Abdul Aziz arranged a meeting at the Royal Palace in Riyadh. The meeting took place for the Joint High Coordination Committee Agreements and the MOU (memorandums of understanding). Abdul Mahdi said, “Saudi Arabia is a neighbor, a brotherly and developed country, and Iraq’s openness to Saudi Arabia serves the interests of both countries and peoples. Iraq is a country rich in human and natural wealth, but it has been…

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A New MOU signed between Iraq and the World Bank

A New MOU signed between Iraq and the World Bank

On Wednesday, the Iraqi Minister of Planning, Dr. Nouri Sabah al-Dulaimi has signed an MOU (memorandum of understanding) on behalf of the Iraqi government with the World Bank. The new MOU will support the efforts to restore stability and reconstruction in the Iraqi liberated areas, signed by the World Bank Director of Sarig Kumar Jah. The ministry of planning issued a statement that the signed MOU will contribute to support and increase the quality of infrastructure projects funded by the…

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Saudi Arabia Signed an MOU to Open Cinema Theaters in the Kingdom

Saudi Arabia Signed an MOU to Open Cinema Theaters in the Kingdom

A non-binding MOU (Memorandum of Understanding) has been signed between the Saudi Public Investment Fund and the AMC Entertainment Holdings (the largest cinema provider and operator in the world). The MOU has signed to discover the distribution and distribution of cinematic content, including investment opportunities and partnership in the Saudi Kingdom. The deal took place just days after the decision of the General Authority for Audiovisual Media regarding the issuance of licenses for those willing in opening cinemas in the…

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CBI has Signed MOU with the Palestinian Monetary Authority

CBI has Signed MOU with the Palestinian Monetary Authority

The Governor of Iraqi Central Bank Ali Mohsin issued a statement after signing a memorandum of understanding between Iraq and Palestine at the Iraqi embassy in the Jordanian capital Amman. The Governor of Iraqi Central Bank Ali Mohsin and the Governor of the Palestinian Monetary Authority Azzam Shawa have agreed on the joint cooperation between both sides in order to support the financial work and development in banking sector in both countries. The Central Bank of Iraq informed in a…

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