Kuwaiti boats cross into Iraqi waters near Basra
Kuwaiti fishing boats entered Iraqi territorial waters near Khor Abdullah in Basra province, prompting warnings from Iraqi naval patrols that went unanswered.
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World Bank’s IFC to invest $600 million in Iraq’s Umm Qasr Port
The International Finance Corporation (IFC), a member of the World Bank Group, signed contracts worth over $1 billion USD with the Iraqi government and private companies, including investment contracts in Basra's Umm Qasr Port.