Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

Capstone Wins Order for Microturbines in Basra

US-based Capstone Turbine Corporation (Nasdaq: CPST) has announced today that it has secured an order for two C600 Signature Series microturbines to provide 1.2 megawatts (MW) of energy to power a triethylene glycol (TEG) dehydration facility in the Basra region of Southern Iraq. The order also includes Capstone’s new self-cleaning pulse filtration system which will […]

Iran, Iraq ready to Dredge the Shatt al-Arab

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. After decades, Iran, Iraq ready to Dredge the Shatt al-Arab Hope of restoring a clean water lifeline to Basra province is on the rise again with plans by the Iraqi and […]

USAID Launches New Partnerships Initiative in Iraq

The U.S. Agency for International Development (USAID) hosted a workshop in Erbil, in the Iraqi Kurdistan region, on May 14, 2019, to discuss USAID’s New Partnership Initiative (NPI) with 30 local and faith-based Iraqi organizations. USAID will co-create with successful applicants to award $3 million dollars by the end of this U.S. Government’s Fiscal Year […]

Israel “Lifts Ban on Trade with Iraq”

By John Lee. Israel has reportedly lifted a ban on trade with Iraq, despite the fact that the two countries do not have official relations and are technically at war. According to Middle East Monitor, citing Israeli newspaper Maariv, Finance Minister Moshe Kahlon (pictured) signed an official directive on Monday allowing trade with Iraq. Maariv […]

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PMU Undermining Fragile Stability in Mosul

By Isadora Gotts for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. PMU economic offices undermine fragile stability in Mosul Escalating tensions between the United States and Iran are spilling over into Iraq as the United States orders the evacuation of all non-emergency […]

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Iraq Britain Business Council welcomes 4 New Members

By John Lee. The Iraq Britain Business Council (IBBC) has welcomed four new members, bringing its membership to 71 companies: Crescent Petroleum: Sharjah-based Crescent Petroleum is the only foreign oil and gas company to maintain a continuous presence in Iraq for three decades, and is the largest private oil and gas investor in the Kurdistan […]

Will Trump Abort Iran’s Land-Bridge to the Med?

By Joe Macaron for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Will the Trump administration abort Iran’s land bridge to the Mediterranean? As the showdown between Washington and Tehran escalates elsewhere in the Gulf, Iran is giving high priority to an […]