Iranian Energy Minister Reza Ardakanian (pictured) has said the export of electricity to neighboring countries has reached a record high in the past year. Addressing a Sunday session of Tehran’s City Council, Ardakanian said management of the situation over the past two water years has helped the country break the record in three sectors of […]
Tag Archives | Iran
The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
US Extends Iran Sanctions Waiver for Iraq Energy Imports
By John Lee. The US has granted Iraq another 120-day waiver from its sanctions on Iran. According to S&P Global, a State Department spokesman said the waiver ensures that Iraq is able to meet its short-term energy needs while it takes steps to reduce its dependence on Iranian energy imports. (Source: S&P Global)
Iran to Lift Visa Restrictions for Iraqis
Iran’s Ambassador to Iraq Iraj Masjedi (pictured) praised the Baghdad government’s move to remove visa restrictions for Iranian pilgrims visiting the Arab country during the Arbaeen season and said the Islamic Republic will do the same for the Iraqi nationals in the near future. Speaking at a meeting of the Arbaeen Headquarters of the western […]
Over 3m Iranians to Visit Iraq in Arbaeen Season
More than three million Iranians have registered to visit the holy cities of Iraq during the Arbaeen season, which marks the 40th day after the martyrdom anniversary of Imam Hussein (AS), the third Shiite Imam, a senior official said on Saturday. Amir Moradi, the executive manager of a task force charged with handling the Arbaeen […]
The Long Game in Iraq
By Robert S. Ford and Randa Slim, for Foreign Affairs. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Last week, rockets landed in what was once known as the Green Zone—the heavily fortified neighborhood in western Baghdad where the American embassy is located. It was […]
As Anti-Iran Sentiments Rise, Protests erupt in Iraq
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As violent protests continued for a second day in Baghdad and other southern Iraqi cities, head of the Popular Mobilization Units (PMU) Falih al-Fayyadh arrived in Washington to meet with US Defense Secretary Mark Esper Oct. […]
Iraq reopens Syria Crossing
By Editor on 1st October 2019 in Iraq Industry & Trade News, Iraq Transportation News, Politics, Security
By John Lee. Iraq reportedly reopened the Al-Qaim border-crossing with Syria on Monday, following a closure of eight years. Syrian Interior Minister Mohammad Khaled al-Rahmoun, is quoted as saying that the opening signified “the victory of the Iraqi and Syrian people over all terrorist groups, especially Daesh.” According to Reuters, the crossing is crucial for […]
Iranian Bank Opening 7 Branches in Iraq
An Iranian private bank has been authorized by the Central Bank of Iraq (CBI) to open seven branches in the Arab country, an official said. According to the Chairman of the Iranian Private Banks Institute, Koorosh Parvizian, the Iranian private bank has already opened two of the seven branches in Iraq. He noted that opening […]
How the US Could Lose Iraq
By John Lee. There is a battle for influence in Iraq today, and Iran is winning, according to an opinion piece in National Interest. Michael Rubin (pictured), resident scholar at the American Enterprise Institute, writes that while diplomats from other countries are free to enjoy the return to normalcy in Baghdad, with its new and […]
Iraq works to distance itself from US-Iran Tension
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq works to distance itself from US-Iran tension after Saudi Aramco attack Attacks that occurred Sept. 14 against Aramco oil processing facilities in Saudi Arabia, resulting in huge fires and halting near half of the supply from […]
Iran, Iraq Reopen Border Crossing after 6 Years
By Editor on 10th September 2019 in Iraq Industry & Trade News, Iraq Transportation News, Leisure and Tourism in Iraq
The Khosravi border crossing between Iran and Iraq reopened on Friday, more than six years after a terrorist attack led to its closure. In a ceremony on Friday, Iranian Interior Minister Abdolreza Rahmani Fazli and his Iraqi counterpart Yassin Al Yasiri reopened the Khosravi border crossing. The border crossing had been closed in 2013 in […]
Iran Bolsters Commercial Team in Iraq
By John Lee. The new acting head of Iran’s Trade Promotion Organization (TPO) has said that Iran has appointed a second commercial attaché to Basra. Hamid Zaboum is also quoted as saying that a third attaché will also be send to Sulaymaniyah. (Source: Tehran Times)