Tag Archives | France

The latest France – Iraq Business News – Total, Alstom, Cahors International and more – brought to you by Iraq Business News

Pharma Firm pays $25m to Resolve Corrupt Payments

The US Securities and Exchange Commission (SEC) announced that Paris-based pharmaceutical company Sanofi has agreed to pay more than $25 million to resolve charges that its Kazakhstan and the Middle East subsidiaries made corrupt payments to win business. According to the SEC’s order, the schemes spanned multiple countries and involved bribe payments to government procurement officials […]

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France supports Explosive Hazards Management in Iraq

The Government of France supports Explosive Hazards Management to enable Humanitarian and Stabilization Efforts in Liberated Areas The United Nations Mine Action Service (UNMAS) has welcomed a first contribution of EUR 500,000 (USD 590,000) from the Government of France dedicated to explosive hazard management in support of humanitarian and stabilization efforts. The presence of explosive […]

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Iraq opens Kirkuk Airport for Civil Aviation in Aug

Kirkuk Airport will open for domestic and international flights in August, an Iraqi official announced on Monday, Anadolu reports. Rakan al-Jubouri, the governor of Kirkuk, told reporters that experts from the Ministry of Transportation would arrive in Kirkuk shortly to confirm the date of the first landing. “Kirkuk Airport will serve millions of people from Diyala, […]

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De-mining Operations Re-Start in Sinjar

Nadia’s Initiative is excited to announce de-mining operations in Sinuni, a sub-district in the Yazidi homeland of Sinjar have been restarted. This important effort comes after facing months of hurdles to re-establish operations across Nineveh Province. We would like to give special thanks to President Macron of France for acting on his commitment to de-mine […]

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Total may Bid for Nassirya Oil Refinery

By John Lee. France’s Total is said to be interested in bidding to build the greenfield 150,000-bpd Nassirya oil refinery. The Director General of the Dhi Qar Oil Company (DQOC), Ali Warid Hammood, told Reuters at the CWC Iraq Petroleum Conference in Berlin that bids are still open for the project, and that international oil […]

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Iraqi Encourages French Companies to Invest

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has hosted a meeting in Baghdad with the French Minister of State for Foreign Trade, Jean-Baptiste Lemoyne, confirming the significance of the economic and financial relations between the two countries. Both sides expressed hopes for major cooperation in all sectors, including oil, industrial, agricultural, commercial, […]

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Alstom to Develop Rail Projects in Baghdad, Basra

French company Alstom has signed a Memorandum of Understanding (MoU) with Iraqi government for the development of urban transport in Baghdad and Basra. The MoU was signed during the Franco-Iraqi government authorities meeting, in the presence of Dr.Sami Al Araji, Head of National Investment Commission (NIC) of Iraq and Jean-Baptiste Lemoyne, French Secretary of State. […]

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Al-Abadi meets French President Emmanuel Macron

At the beginning of the meeting, the French President welcomed the Prime Minister, stressing the great interest in this visit and expressed the common desire of the two countries to develop friendly relations and cooperation. He also congratulated the victories achieved by the Iraqi forces and the success achieved by Iraqis in liberating their country. […]

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PM Invites French Firms for “Mega Investment Opportunities”

Prime Minister Haider Al-Abadi took a phone call this week from French president Emmanuel Macron, who congratulated Dr. Al-Abadi for the triumphs achieved against Daesh. Macron stressed France’s continued commitment to support Iraq in the fight against terrorism, supporting the Iraqi government efforts to restore stability, building its institutions, and developing relations between the two […]

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France Contributes $1m to Resilience in Iraq

France contributes US$980,600 to resilience in Iraq The Government of France has contributed US$980,600 (€833,500) to UNDP’s Iraq Crisis Response and Resilience Programme (ICRRP) to promote recovery and resilience-building in areas liberated from the Islamic State of Iraq and the Levant (ISIL). Hundreds of thousands of Iraqis fled the ISIL takeover of the Ninewah Plains […]

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