Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Iraq president seeks to deepen partnership on his visit to Iran

Iranian President Ebrahim Raeisi and his Iraqi counterpart, Abdul Latif Rashid, in Tehran.
  • The two presidents will hold talks on trade, climate change, security, stability at the Saadabad Cultural and Historical Complex
  • The Iraqi president has maintained that the two neighbors can contribute to strengthening of security and stability in the region

Tehran, Iran–Accompanied by a large delegation, Iraq’s President Abdul Latif Rashid arrived in Tehran to deepen economic, trade and political ties with the Islamic Republic of Iran.

Upon his arrival early on Saturday, the Iraqi chief executive was welcomed by Minister of Economic Affairs and Finance of Iran Ehsan Khandozi at the Mehrabad International Airport on Saturday morning.

President Rashid’s wife, who accompanies him in the official visit to Iran, was welcomed by Iran’s Vice President for Women and Family Affairs Ensiyeh Khazali.

The two presidents are scheduled to meet at the Saadabad Cultural and Historical Complex in the coming hours. The Iranian president and his Iraqi counterpart will hold talks following an official welcoming ceremony.

The Iraqi president, who was elected as the head of the government of Iraq in October 2022, visits Iran for the first time. 

In February, the Iraqi president had indicated his willingness to visit Iran, which he received during his meeting with Iran’s foreign minister.

The invitation was sent to Rashid from the Iranian President, Ebrahim Raisi, to visit the Islamic Republic of Iran.

Rashid has been stressing that Iraq and Iran are two neighboring countries, both have historical relations and common bonds, and they can contribute to strengthening the security and stability in the region, and encouraging reliance on dialogue to solve regional and international issues.