By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Former Iraqi premier opens up about PMU, new PM, Iran Al-Monitor’s correspondent in Iraq interviewed former Iraqi Prime Minister Haider Al-Abadi at his family residence within the Green Zone in the […]
Tag Archives | Iran
The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
Iran, Iraq Agree to Reopen Khosravi Border Crossing
The interior ministers of Iran and Iraq signed an agreement to implement plans to facilitate the Arbaeen pilgrimage to Iraq, including one on reopening the Khosravi border crossing. Iranian Interior Minister Abdolreza Rahmani Fazli and his Iraqi counterpart Yassin Al Yasiri met in Tehran on Saturday and signed a memorandum of understanding to facilitate the […]
Iraq “closes Mandali Border Crossing with Iran”
By John Lee. The Mandali border crossing between Iraq with Iran has reported been closed following an order from Iraqi Prime Minister Adil Abdul Mahdi’s office. Reports say the move was in response to allegations of corruption and mismanagement. (Source: hathalyoum)
Iraq “has No Ties to Oil Tanker Seized by Iran”
Iraq’s oil ministry said on Sunday it has no connection with an oil tanker seized by Iran’s IRGC in the Persian Gulf for smuggling fuel, a report said. “The ministry does not export diesel to the international market,” the Arab country’s oil ministry said in a statement, Iraqi News Agency reported. Iraq’s relevant authorities are […]
Video: Iraq tries to Attract Foreign O&G Investments
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq’s government wants to see a big increase in oil production. Oil and natural gas make up 90 percent of the country’s revenue. But years of war and new environmental challenges are making […]
Iran & Iraq to Set Up Joint Investment Fund
By John Lee. Iran‘s Securities and Exchange Organization (SEO) and the Iraqi Securities Commission (ISC) have signed a memorandum of understanding to create a joint investment fund. According to Iran’s SEO, the agreement is “primarily focused on development of Islamic Financial instruments, enhancement of technical infrastructure and establishment of common investment funds through shared partnership […]
Tags: featured, Iran, Iran Securities and Exchange Organization (SEO), Iraq Securities Commission (ISC), mn
Iran, Iraq agree on Removal of Trade Barriers
By John Lee. Iran and Iraq have reportedly signed an agreement on developing commercial cooperation aiming to facilitate and remove trade barriers between two countries. Iran’s commercial attaché to Iraq, Naser Behzad, told IRNA that the agreement was signed during the visit by the head of the Trade Promotion Organization of Iran (TPOI) and the […]
Video: Iraq depends on Iran Imports, fears Sanctions
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq and Iran are neighbours: Around $25m worth of Iranian goods enter Iraq every day. But a US deadline that allows Iraq to trade with Iran is set to expire in three months, […]
Racing to save last of ME’s Forests from Burning
By Peter Schwartzstein, for National Geographic. Iranian border guards have started scores of blazes along their shared frontier to clear their lines of sight along key cross-border smuggling routes. Turkish airstrikes on militant camps have reduced tracts of forest to cinder. Across the bone-dry mountains and flatlands, a potent combination of illegal logging and naturally […]
Amid US sanctions, Iranian Kurds seek jobs in Iraq
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. With the economy in Iran suffering from US sanctions, many Iranian Kurds are crossing the border to find work in Kurdish Iraq, a semiautonomous region in the northern part of the neighbouring country. […]
Iran Reassures Iraq over Strait of Hormuz
By Editor on 24th July 2019 in Iraq Industry & Trade News, Iraq Oil & Gas News, Iraq Transportation News, Security
By John Lee. Iran has reportedly reassured Iraq that there will be freedom of international maritime navigation in the Strait of Hormuz. Iranian President Hassan Rouhani (pictured) gave the reassurances to an Iraqi delegation visiting Tehran. (Source: Reuters)
US Sanctions Four Iraqis
By Editor on 19th July 2019 in Iraq Banking & Finance News, Iraq Industry & Trade News, Politics, Security
On Thursday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two militia figures, Rayan al-Kildani and Waad Qado, and two former Iraqi governors, Nawfal Hammadi al-Sultan and Ahmed al-Jubouri, pursuant to Executive Order (E.O.) 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act and targets perpetrators […]