» Ukrainian company to Develop the Akkas Gas Field
24/04/24 20:10 from Iraq Business News
By John Lee. Iraq has signed a contract with Ukrainian company Ukrzemresurs to develop the Akkas gas field in Anbar Province. According to a statement from the Ministry of Oil, the goal is to increase national production by an additional...
» Iraq and UK discuss Enhanced Agricultural Partnerships
24/04/24 20:10 from Iraq Business News
By John Lee. At a meeting in London on Wednesday (24th April), Iraq's Minister of Agriculture Dr. Abbas Jabber Al-Maliki met with the UK's Minister of State for Trade and Investment, Lord Dominic Johnson, to discuss strengthening British...
» Baker Hughes to Collaborate on Reducing Gas Flaring in Iraq
24/04/24 20:10 from Iraq Business News
By John Lee. Baker Hughes has signed a memorandum of understanding (MoU) with the Halfaya Gas Company (HGC), with the objective of setting the basis to establish a collaboration for a gas flaring reduction project at the Nahr Bin Umar [N...
» Qatari Firm Wins another Hospital Mgt Contract in Iraq
24/04/24 20:10 from Iraq Business News
By John Lee. Qatar's Elegancia Healthcare, a subsidiary of Estithmar Holding, has entered into a second strategic agreement with the Iraqi Ministry of Health to manage and operate the 492-bed Al Hasan Al Mujtaba Teaching Hospital in Karb...
» "At least 13 Executed in one Day" - Amnesty
24/04/24 20:10 from Iraq Business News
By Amnesty International. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. At least 13 people in Iraq have been executed on a single day this week, said Amnesty Internatio...
» $600m Iraqi Dinar Forex Scandal
24/04/24 10:52 from Iraq Business News
By Dana Taib Menmy for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Federal Board of Supreme Audit exposes US$600 million corruption scandal invol...
» Oil Exports: KRG questions Legitimacy of Federal Supreme Court
24/04/24 10:52 from Iraq Business News
By John Lee. The Kurdistan Regional Government (KRG) has hit back at the Iraqi federal government in the continuing row over the Region's oil exports. In a statement the KRG questioned the legitimacy of the Federal Supreme Court (FSC), a...
» List if MoU's signed between Iraq and Turkey
24/04/24 10:52 from Iraq Business News
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani and Turkish President Recep Tayyip Erdogan signed a strategic framework agreement on Monday in Baghdad, establishing a roadmap toward a comprehensive economic partnership between ...
» Iraq Signs Contracts for Projects in Erbil, Karbala
24/04/24 10:52 from Iraq Business News
By John Lee. The Iraqi Ministry of Planning announced the signing of four contracts to implement service projects in several villages in the Erbil and Karbala provinces as part of the 2024 plan of the Social Development Fund. According t...
» Tax in Iraq: IMF Identifies 6 areas for Reform
23/04/24 19:55 from Iraq Business News
By John Lee. The International Monetary Fund (IMF) has published a "High Level Summary Technical Assistance Report" looking at the tax system in Iraq. The report identifies six core reform areas: Establishing a reliable taxpayer base; Im...
» Iraq prepares National Development Plan for 2024-2028
23/04/24 19:55 from Iraq Business News
By John Lee. The Iraqi Ministry of Planning has held a meeting to prepare the five-year National Development Plan (NDP) for 2024-2028. Led by Dr. Maher Hamad Johan, the ministry's Undersecretary for Technical Affairs, the meeting discuss...
» Iraq to Clear Landmines by 2028
23/04/24 19:55 from Iraq Business News
By John Lee. The Iraqi Ministries of Planning and Environment have agreed on a plan to clear the country of landmines by 2028. A meeting at the Ministry of Planning discussed strategies to remove mines, ensuring Iraq is free from these h...
» IBBC 15th Anniversary Conference: Iraq's Opportunities and Insights
23/04/24 08:39 from Iraq Business News
From the Iraq Britain Business Council (IBBC): IBBC's 15th Anniversary Conference: Iraq's 'Opportunities and Insights' This is a big year for Iraq and IBBC as we celebrate our 15th anniversary and Iraq moves into a new prosperous and sta...
» Iraq, Turkey sign 10-Yr Water Management Agreement
22/04/24 20:14 from Iraq Business News
By John Lee. Iraq and Turkey have signed a framework agreement to improve water management in the Tigris and Euphrates rivers. The agreement includes collaborative projects to enhance water management and exchange expertise in modern irr...
» Iraq Discusses Financial and Technical Support with IMF, World Bank
22/04/24 20:14 from Iraq Business News
By John Lee. Iraqi Finance Minister Taif Sami met with World Bank Executive Director for Iraq, Abdulaziz Al Mulla, to discuss the World Bank's support for Iraq, including financial aid, technical support, and capacity building. Al Mulla ...
» Four-Country MoU signed for Iraq's Development Road Project
22/04/24 20:14 from Iraq Business News
By John Lee. Iraqi Prime Minister Mohammed Shia al-Sudani and Turkish President Recep Tayyip Erdogan presided over the signing of a quadrilateral memorandum of understanding (MoU) between Iraq, Turkey, Qatar, and the UAE in Baghdad on Mo...
» Iraqi Finance Minister Meets World Bank and IMF
22/04/24 20:14 from Iraq Business News
By John Lee. Iraqi Finance Minister Taif Sami, along with her accompanying delegation, participated in the annual Spring Meetings of the World Bank Group and the International Monetary Fund (IMF), held from April 15 to 20, 2024, in Washi...
» Investment Opportunities in Iraq worth "around $400bn" - PM
21/04/24 20:54 from Iraq Business News
By John Lee. Prime Minister Mohammed Shia' al-Sudani told a meeting of Iraqi expatriates in Houston, Texas, that the investment opportunities in Iraq are valued at around $400 billion. "Iraq is a country full of opportunities," he said, ...
» AD Ports to run new Iraqi Mega-Port
21/04/24 20:53 from Iraq Business News
By John Lee. The Iraqi Prime Minister has confirmed that Iraq has agreed with Abu Dhabi Ports (AD Ports Group) on a partnership to operate the new Al-Faw Grand Port. Addressing a round table held by the Bilateral Chamber in Houston, Texa...
» KBR expresses Interest in Iraqi Petrochemical Project
21/04/24 20:52 from Iraq Business News
By John Lee. The President of the Sustainable Technology Solutions division of KBR, Jay Ibrahim, met with Iraqi Prime Minister Mohammed Shia' al-Sudani during his visit to Texas. According to a statement from the Prime Minister's Office,...
» Iraq to set up Office for Expatriate Affairs
21/04/24 20:51 from Iraq Business News
By John Lee. The Iraqi Prime Minister has said that Iraq will set up an Office for Expatriate Affairs, linked to the Prime Minister's Office, to address the needs and issues raised by Iraqi communities abroad Mohammed Shia' al-Sudani mad...
» GE Vernova announces New Power Projects in Iraq
20/04/24 20:54 from Iraq Business News
By John Lee. GE Vernova, the US-based company formed from the energy businesses of General Electric (GE), has announced a series of initiatives to boost electricity generation and supply in Iraq: Providing 3 additional gigawatts (GW) of ...
» Iraqi PM requests Continued Support from Lockheed Martin
20/04/24 20:53 from Iraq Business News
By John Lee. Prime Minister Mohammed Shia al-Sudani met with the CEO of Lockheed Martin, responsible for manufacturing F-16 aircraft, Mr. James Taiclet, and his accompanying delegation in Washington. During the meeting, Prime Minister al...
» Italian Firm to Supply ACT Systems to Mosul Int'l Airport
20/04/24 20:52 from Iraq Business News
By John Lee. SITTI, an Italian provider of Air Traffic Control (ATC) systems, has won a contract to provide the following at the reconstructed Mosul International Airport: an innovative VCS (Voice Communication System) a modern VRS (Voic...
» CEO of JPMorgan Chase expresses Support for Iraq
20/04/24 20:51 from Iraq Business News
By John Lee. Prime Minister Mohammed Shia al-Sudani received Mr. Jamie Dimon, the CEO of JPMorgan Chase, and his accompanying delegation on Wednesday, during his visit to the Washington DC. During the meeting, they discussed the governme...
» Iraqi PM meets Delegation from General Dynamics
19/04/24 20:54 from Iraq Business News
By John Lee. Iraqi Prime Minister Mohammed Shia al-Sudani met with a delegation from General Dynamics, one of the leading American companies in the manufacturing of weapons and military equipment, at his residence in Washington, D.C.. Du...
» Steller Energy discusses Power Projects with Iraqi PM
19/04/24 20:53 from Iraq Business News
By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani received a delegation from Steller Energy in his residence in Washington, D.C. The delegation was led by the company's CEO, Mr. Peter Gibson. During the meeting, they discussed m...
» Honeywell Maintains Interest in Iraq
19/04/24 20:52 from Iraq Business News
By John Lee. Prime Minister Mohammed Shia al-Sudani received the President of Honeywell, Mr. Ken West, and his accompanying delegation in Washington, on Thursday. During the meeting, they discussed avenues of cooperation with the company...
» Foreign Investment "undermined by Corruption" in Kurdistan
19/04/24 20:51 from Iraq Business News
By Dr. Joel Ruet, for Diplomatic Courier. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Foreign investment undermined by corruption risks in Iraqi Kurdistan Iraqi Kurdi...
» A Fistful of Dinars: Demystifying Iraq's Dollar Auction
19/04/24 12:41 from Iraq Business News
By Ahmed Tabaqchali, Chief Strategist of Asia Frontier Capital (AFC) Iraq Fund, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq...