The commander of the US ground forces in Iraq announced that 15 December was a great day for the country, with the election in Iraq bringing a high volume of voters and a low level of violence.

Iraq's leading business association, with assistance from the Izdihar project, has developed and distributed a Code of Ethics.

The Iraqi American Chamber of Commerce and Industry opened a branch here on Monday to enhance Jordanian-Iraqi economic ties.

The Iraqi president has placed the cornerstone for the American University project in Sulaimaniya, KUNA has reported.

The Iranian cabinet has authorised the Economy and Finance Ministry to sign agreements with Iraq and Ghana, IRNA reported.

Bank Melli Iran has already received the guidelines from Iraq’s Central Bank for establishing a branch in Baghdad.

Ahli United Bank (AUB), one of the region's leading regional banking institutions, announced that it has completed the acquisition of a 49 per cent stake in the Commercial Bank of Iraq.

Iraq's 2006 budget has allocated $6.1 billion for investment in the oil sector next year, Thamer al-Ghadhban, a lawmaker and former oil minister, said Monday.