AGP Executive Report
Last update: 4 hours agoIndustrial Push: Iraq’s PM Ali al-Zaidi ordered land allocations of 250 hectares per province for industrial projects and a ban on exports of several metal raw materials, aiming to boost local manufacturing and cut import dependence. Anti-Corruption Crackdown: Iraq’s Integrity Commission says former lawmaker Talal al-Zubaie was sentenced to seven years over illicit gains worth about 35bn dinars, with additional penalties. Central Bank Asset Freezes: The CBI ordered banks to freeze assets of senior political figures and former officials and tighten monitoring of accounts and related family holdings under “Operation Dawn.” PMF Law Drafts: Two PMF-related draft laws are nearing parliament after US objections were removed, with votes dependent on political consensus. Currency & Liquidity: Iraq is considering short-term borrowing from US banks to cover a liquidity crunch, while the dollar-to-dinar rate reportedly eased in Baghdad and Erbil. Trade Links: Turkey exported $1.113bn to Iraq in July, with Iraq among the top destinations. Kurdistan Returns: KRG begins staged registration for displaced families to return to Sinjar, starting with 410 families. Agribusiness: Duhok farmers harvested sumac from 3.5m trees, targeting Europe and the US as prices rise. Oil Route Planning: Iraq is pushing a strategic pipeline network to expand export routes and reduce reliance on the Hormuz corridor. Iran War Spillover: US strikes on Iran’s Larak Island over alleged mine threats keep Strait of Hormuz tensions front and center, with Iran warning it will not reopen without US commitments.
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