Baghdad: The Iraqi Cabinet, during its forty-ninth regular session chaired by Prime Minister Mohammed Shia' al-Sudani, approved the establishment of Al-Sharqat State University in Salah al-Din Governorate. The session focused on developments in the general situation in the country and included a review of the agenda items.
According to National Iraqi News Agency, the Cabinet decided to suspend official working hours on Wednesday, December 10, to commemorate the eighth anniversary of the declaration of victory over terrorism and the criminal ISIS organization. Additionally, the Cabinet authorized directors general of the committee established by Diwani Order (34 of 2025) to prepare residential land plots for educational and teaching staff and employees of the Ministry of Education, facilitating the establishment of teachers' neighborhoods in various governorates.
The Cabinet also discussed the construction of a vertical residential investment complex for the Oil Marketing Company, approving a 10% deduction as per regulations governing the sale and lease of state and public sector properties for investment purposes. Moreover, recommendations were approved for compensation for materials borrowed from projects funded by the investment budget for self-funded projects, in accordance with allocations from the Ministry of Electricity.
The session included discussions on affairs of survivors of the ISIS organization, approving the transfer of ownership of a plot of land in southern Nineveh to the General Directorate of Survivors' Affairs. In the oil sector, the Cabinet set a minimum gas price of $3.5 per million BTU and a maximum price of $100 per barrel, emphasizing penalties for late payments and compliance with tax regulations.
Furthermore, amendments were made to Resolutions 568 and 635 of 2025 to include the Nasiriyah field development project with Chevron. The Cabinet also approved recommendations for establishing human medicine colleges in private universities, and the Prime Minister approved these recommendations.
The Cabinet reviewed stalled projects and infrastructure developments, approving an increase in the reserve fund and overall project costs.