President of Iraq agrees to cancel all Iraq 's debts to the nation . West has urged nations to forgive billions in Sunni Muslim debt . Gulf Cooperation Council nominates Abdullah Ibrahim al-Shehhi to be ambassador to United Arab Emirates .
President of United Arab Emirates agrees to cancel all Iraq 's debts to the nation . West has urged nations to forgive billions in Iraqi debt . UAE Cabinet nominates Abdullah Ibrahim al-Shehhi to be ambassador to Iraq .