Iraq-Jordan Talks on Oil Pipeline and Electricity Link
By John Lee. Iraqi Prime Minister Ali al-Zaidi met Jordan's Foreign Minister Ayman Safadi in Washington on Wednesday, on the sidelines of an official visit to the United States. According to the Prime Minister's Office, discussions covered bilateral relations and opportunities to strengthen economic and development cooperation. The two sides reviewed progress on the Basra-Aqaba […]
DFC Eyes Iraqi Market with Investment Finance Package
By John Lee. Meetings between Iraqi Prime Minister Ali al-Zaidi and US International Development Finance Corporation (DFC) chief Ben Black took place in Washington on Wednesday. The discussions covered opportunities for cooperation in infrastructure reconstruction, project finance, and development planning across energy, transport, agriculture, the digital economy, and services sectors, according to the Prime Minister's […]
Seismic Survey Contract signed for Abu Khema Block
By John Lee. A seismic survey contract has been signed between the Iraq Oil Exploration Company and Zhenhua Oil (EBS Petroleum) for seismic survey work at the Abu Khema block in Muthanna province, covering the Annexe to Licensing Round Five and Licensing Round Six. The contract was signed on Wednesday in the presence of Minister […]
Iraq and EU Discuss Lifting Aviation Ban
By John Lee. Iraq's Minister of Transport, Wahab Salman Mohammed, has met with EU Ambassador Clemens Simtner to discuss lifting the European aviation ban on Iraqi airlines. A technical meeting between the two sides is to be held to identify the requirements for lifting the ban. The minister emphasised the importance of progress on the […]
ISC Focuses on Market Efficiency and Digital Services
By John Lee. The Iraq Securities Commission (ISC) is continuing to implement its regulatory and supervisory programmes in line with its strategic plans, with a focus on improving the investment environment and enhancing capital market efficiency. According to the ISC, efforts during the current week centred on monitoring financial disclosures and developing investor services in […]
Iraq-US Talks on Oil and Economic Partnership
By John Lee. Iraqi Prime Minister Ali al-Zaidi met US President Donald Trump at the White House on Tuesday to discuss bilateral economic cooperation, opportunities for American companies in Iraqi development projects, and the future of the Iraq-US relationship following the conclusion of the US military coalition presence in the country. According to the Iraqi […]
Iraqi PM in Washington: What His Trip Actually Means for the Dinar
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Ali al-Zaidi in Washington: What His Trip Actually Means for the Dinar The forums have been buzzing. Iraq's prime minister is in Washington. He met Trump in the Oval Office. There were handshakes, […]
Iraq-ITC Talks on WTO Accession and Trade Support
By John Lee. A delegation from Iraq's Ministry of Trade has held meetings with officials from the International Trade Centre (ITC) in Geneva to discuss cooperation on trade support and Iraq's accession to the World Trade Organization (WTO). The Iraqi delegation was accompanied by the head of Iraq's Permanent Mission to the United Nations and […]
Chevron Meets Iraq's Oil Minister about Investment Opportunities
By John Lee. Iraq's Minister of Oil, Basim Muhammad Khudhair al-Abadi, has met with a delegation from US oil major Chevron to discuss expanding cooperation and investment in the oil and gas sector. According to the Ministry of Oil, the talks covered opportunities to support the ministry's plans to increase production, develop infrastructure, and leverage […]
Iraq's Largest Marina Nears Completion
By John Lee. Construction is continuing on what is described as Iraq's largest boat marina, located on the banks of the Shatt al-Arab waterway. The marina will have a capacity of 50 boats and will include tourist facilities, a helicopter landing pad, and various ancillary works along its sides. Ahmad Jasim, Director General of the […]
IDC Completes Well ZB-679 at Zubair
By John Lee. Iraqi Drilling Company (IDC) has completed drilling of directional well ZB-679 at the Zubair oil field, on behalf of the Zubair Field Operating Authority. The well was drilled using rig IDC-56 to a depth of 3,846 metres at an inclination angle of 20 degrees. Mohammed Hantoush Asad Al-Azirgawi, Director General of IDC, […]
PM Meets Iraqi-American Business Community in Washington
By John Lee. Prime Minister Ali al-Zaidi has met with representatives of the Iraqi Christian diaspora and Iraqi-American business figures from Michigan at the start of his visit to Washington DC. According to the Prime Minister's Office, discussions covered the situation of the Iraqi diaspora community and prospects for increasing their participation in investment and […]