AGP Executive Report
Last update: 11 hours agoElectricity Finance Talks: Iraq and the World Bank met to set priorities for a new electricity-sector loan, focusing on transmission bottlenecks, grid efficiency, and power delivery to demand centers, with the Gulf interconnection project to Basra still delayed. Anti-Corruption Crackdown: Iraq’s Integrity Commission sentenced former deputy culture minister Sarbast Omar Hassan to six years in absentia over the stalled “Nimrud Treasure” exhibition contract with a Danish firm, while Baghdad also moved to temporarily replace a Baghdad electricity distribution chief amid corruption allegations. Oil Exports Watch: Nine oil tankers are waiting at Basra port to load crude, highlighting how shipping constraints remain a live issue for Iraq’s main export outlet. Humanitarian Safety: On World Humanitarian Day, the UN urged stronger protection and accountability for aid workers facing escalating risks, including attacks in conflict zones. Iran Sanctions Pressure: Iran’s central bank chief said oil exports have fallen to zero under war and sanctions, while the US escalated threats of “economic warfare” against any country aiding Iran—an environment that keeps regional trade and Iraq’s energy flows under pressure. Telecom Dispute: Korek Telecom’s CEO rejected Baghdad’s verification-related actions as “illegal and baseless,” warning of an economic and security campaign against the Kurdistan Region.
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