Tag Archives | Qatar

How Saudi and Qatar are Competing over Iraq

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. As the Gulf crisis continues with the rivalry between Saudi Arabia and Qatar, with no sign of a resolution, each country deems it necessary to seek a rapprochement with […]

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Increased Cooperation between Iraq and Qatar

His Excellency Prime Minister Adil Abdul-Mahdi has received Sheikh Mohammed Bin Abdulrahman bin Jassem al-Thani Deputy Prime Minister and Minister of Foreign Affairs of the State of Qatar and his accompanying delegation. The delegation included a group of ministers and advisers. During the meeting, they have discussed boosting bilateral cooperation in various sectors, especially in […]

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Asiacell Iraq Grows Revenues

By John Lee. Asiacell Iraq has benefitted from improvements in the security and economic situation in the country, according to its parent, the Qatari company Ooredoo. In its results for the first nine months of 2018, the company said: “With more areas liberated and network restoration underway, Asiacell reported a 3% increase in Revenue to […]

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Trade Bank in talks to Buy a Gulf Lender

By John Lee. The state-owned Trade Bank of Iraq (TBI) is reported to be in talks to buy a Gulf bank with branches in the United Arab Emirates (UAE) and Qatar. Chairman Faisal al-Haimus told Reuters that talks are underway and the purchase is expected to be completed in six to eight months. The name […]

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Qatar Supports WFP’s Food Program in Iraq

Qatar Fund For Development Supports WFP’s Food Assistance Program in Iraq The Qatar Fund For Development (QFFD) has made a contribution of US$3 million to the United Nations World Food Programme to provide assistance for displaced people in Iraq. The funding will support more than 22,000 Iraqis living in camps. “The Qatar Fund For Development […]

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Milaha Launches Qatar-Iraq Container Service

Milaha Launches First Ever Container Feeder Service Between Qatar and Iraq Milaha, a Qatar-based maritime transport and logistics conglomerate, has announced the launch of a direct container feeder service between Qatar and Iraq. The new service, which will be an expansion of the existing Qatar-Kuwait service that the company launched last year, will follow a […]

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Qatar, Iraq to Cooperate in Air Transport

By John Lee. Qatar’s Civil Aviation Authority (CAA) has announced steps towards cooperation in air transport with Iraq. The announcement came during a visit by Iraq’s Minister of Transport, Kadhim Finjan Al Hammami, during which he met Qatar’s Minister of Transport and Communications Jassim bin Saif Al Sulaiti and CAA Chairman Abdullah bin Nasser Turki Al […]

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New Shipping Sevice between Iraq and Qatar

By John Lee. A new shipping route has been announced between Qatar and Iraq. Serving Hamad Port in Qatar and Umm Qasr Port in Iraq, the first ship set to arrive in Iraqi on 1st May. The announcement was made during the meeting between Ministers of Transport of the two countries. (Source: The Peninsula Qatar, […]

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Qatar, Iraq sign MoU on Security Co-operation

By John Lee. Qatar and Iraq have signed a Memorandum of Understanding (MoU) to enhance security co-operation between the two countries. According to Gulf Times the MoU aims to enhancing security co-operation, co-ordination, and the exchange of information and expertise between the two sides. It covers almost all areas including terrorism and its finance, combating […]

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Asiacell Revenues Up

By John Lee. Qatar-based Ooredoo has announced that revenue at its Asiacell subsidiary in Iraq increased 6 percent to QAR 4.5 billion, while and EBITDA increased 3 percent to QAR 2.0 billion, for the year ended 31th December 2017. EBITDA margin was put at 44 percent. In a statement, the company said: “A key opportunity […]

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NIDC Eyes Iraqi Drilling Market

The National Iranian Drilling Company (NIDC) is planning to participate in neighboring Iraq‘s drilling tenders. Speaking to reported on the sidelines of an oil show in Kish Island, on Tuesday, Sepehr Sepehri, NIDC managing director, said the company’s approach is to secure itself a toehold in global markets, adding NIDC is planning to participate in […]

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Qatar to Invest in Iraqi Oil

By John Lee. Qatar Petroleum (QP) has confirmed that it plans to invest in Iraq’s upstream oil businesses. President and CEO Saad Sherida Al Kaabi (pictured) told reporters: “I have met personally with the Iraq’s Oil Minister (Jabar Al Luaibi) and have conveyed my interest in investing Iraq’s upstream business, and he welcomed that. “Iraq […]

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