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AGP Executive Report

Last update: 6 hours ago

Power & Renewables: Iraq may need about 20–25 million solar panels to add roughly 12 GW and narrow a widening electricity gap, as summer demand tops 50,000 MW while generation stays below 25,000 MW, with experts urging solar plus upgrades to aging transmission and distribution. Water Services: In Kirkuk’s Kakai villages, water supply has resumed after nearly two years, following complaints and emergency coordination by the provincial council, with officials warning shortages had threatened dozens of villages and tens of thousands of residents. Anti-Corruption & Finance: Iraq’s Finance Ministry says any repayment mechanism for convicted corruption offenders must ensure full recovery of state money, while judicial amnesty or lighter measures remain with the judiciary; the Supreme Judicial Council is coordinating a framework to recover funds while easing legal steps for voluntary returns. Banking Reshuffle: Rafidain Bank has issued leadership changes, moving staff across compliance, risk management and restructuring roles under a July 9 order. Energy Trade & Sanctions Pressure: Iran accuses the U.S. of violating the MoU by imposing sanctions tied to a financial facilitator, as Iranian oil exports face pressure in China with independent refineries shifting toward Iraq, UAE and Qatar. Business-Climate Risk: A heat-risk study ranks Basra as the world’s most at-risk city, highlighting mounting pressure on Iraq’s urban resilience and costs.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 30, 2026

SOUEAST rolls out S08 DM hybrid SUV in Iraq with first public test drive

AGP

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Jun. 20, 2026

Lucas Air named best heating and air conditioning company in Lake and Sumter counties

AGP

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Jun. 17, 2026

SOUEAST opens first mall showroom in Baghdad as Iraq expansion accelerates

AGP

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Jul. 8, 2026

Veteran-owned Ausable Funds marks America’s 250th anniversary

AGP


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Iraq’s new prime minister must sell Iraq to a skeptical Washington

Iraq’s new prime minister must sell Iraq to a skeptical Washington

President Trump and Iranian leaders trade threats as mediators try to save crumbling deal

President Trump and Iranian leaders trade threats as mediators try to save crumbling deal


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Jul. 10, 2026

Fertilizer trade impacted by Strait of Hormuz conflict

World Trade Organization

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Jul. 8, 2026

Pennsylvania Successfully Hosted Six World Cup Matches, Welcomed Half a Million People to Philadelphia and Boosted the Commonwealth’s Economy

Pennsylvania Department of Community & Economic Development

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Jul. 8, 2026

Pennsylvania Successfully Hosted Six World Cup Matches, Welcomed Half a Million People to Philadelphia and Boosted the Commonwealth’s Economy

Pennsylvania Department of Community & Economic Development

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Jul. 7, 2026

KEPPT appoints J.P. Morgan to arrange financing of its strategic US$1.6bn urea plant in Iraq

GlobeNewswire, Inc.

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Jul. 7, 2026

KEPPT appoints J.P. Morgan to arrange financing of its strategic US$1.6bn urea plant in Iraq

GlobeNewswire, Inc.

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Jun. 25, 2026

Economic Bulletin Issue 4, 2026

ECB - European Central Bank

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