AGP Executive Report
Last update: 8 hours agoIraq Sovereignty Push: Iraq marked “Sovereignty Days” after the full withdrawal of the US-led coalition, but lawmakers warn real sovereignty hinges on bringing all arms under state control, with a phased plan targeting a June 2027 weapons handover and ongoing political bargaining with armed factions. Banking Access: Al-Taif Islamic Bank depositors can resume partial withdrawals next week under a percentage-based payout system after the central bank placed the lender under guardianship for 18 months. Currency Watch: The Iraqi dinar’s parallel-market rates eased slightly in Baghdad, Erbil, and Basra, with the dollar dipping to around 157,500 IQD per $100 as traders anticipate renewed official cash shipments. Kurdistan Power Supply: Kurdistan’s electricity ministry says maintenance at the Khor Mor gas field will cut power supply hours from Oct. 2 to Nov. 2, with Dana Gas starting the work. Construction Deal: ORA Iraq signed a contract with CRC Dorra for Phase One of Madinat Al Ward, signaling continued investment in Iraq’s urban development pipeline. Oil & Trade Context: Oil prices held steady as Gulf exports recovered and US-Iran diplomacy remained in focus, keeping regional shipping and energy costs central to Iraq’s business outlook.
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