MORC Named Iraq's Digital Champion of the Year
By John Lee. MORC has been named Iraq's Digital Champion of the Year at the Iraq National Trade Forum (INTF) in Baghdad. Founder and Managing Director Gillian Harshami [Gilyan Ahmed] received the award from Pamela Coke-Hamilton, Executive Director of the International Trade Centre (ITC), at the forum, which was organised by the Ministry of Trade and […]
Baghdad Digital Data Centre Opens
By John Lee. A new data center has opened in Baghdad, aimed at localising data storage within Iraq and providing digital infrastructure for government institutions. Minister of Communications Mustafa Jabbar Sanad opened the Baghdad Digital Hub (BDH), a digital infrastructure and data center project developed by local company Ankido, on Thursday. (Source: Ministry of Communications)
Contract Signed for Rataj Baghdad Health and Education Project
By John Lee. An investment contract has been signed for the Rataj Baghdad health and education project, to be developed in the Ghazaliya district of Baghdad on a 70,000-square-metre site. The signing took place at the National Investment Commission (NIC), with NIC chairman Adel Dakhil Muhammad al-Yasiri and representatives of the investing company in attendance. […]
No Intermediaries in Defence Procurement, PM Orders
By John Lee. Iraq's Military Industries Commission (MIC) has been directed to deal exclusively with original manufacturers when procuring weapons and equipment, cutting out intermediary companies entirely. Prime Minister Ali al-Zaidi issued the directive during a visit to the Commission on Thursday, according to a statement from the Prime Minister's Office. Al-Zaidi met with the […]
Madrid Forum Spotlights Iraq Investment Opportunities
By John Lee. A Spanish-Iraqi business forum has taken place in Madrid, bringing together companies from both countries to explore investment and cooperation opportunities in Iraq. The event was hosted by the Chamber of Commerce of Spain and organised in coordination with the Spanish Embassy in Baghdad and the Iraqi Embassy in Madrid. Sectors highlighted […]
PUK withdraws from the Kurdistan Regional Government (KRG)
By John Lee. The Patriotic Union of Kurdistan (PUK) has withdrawn from the Kurdistan Regional Government (KRG) with immediate effect. In a statement on Thursday, PUK President Bafel Talabani said that the PUK will not recognise any government or officials resulting from the process. Full text of President Bafel Jalal Talabani's statement: In the name […]
'Watan' Residential Initiative Nears Launch in Diwaniyah
By John Lee. A ground-breaking ceremony is expected shortly for the "Watan" residential initiative in Diwaniyah province. According to the National Investment Commission (NIC), its chairman, Adel Dakhil Muhammad al-Yasiri, met with Diwaniyah's First Deputy Governor, Imad Issa al-Shablawi, and the head of the provincial investment authority, Dr Razzaq Shabbar, to finalise preparations for launching […]
KBR and AUIB Sign Engineering Education Partnership
By John Lee. The American University of Iraq-Baghdad (AUIB) and KBR have signed a memorandum of understanding (MoU) to develop engineering and technical talent in Iraq. The agreement covers consulting and advisory services for government entities, state-owned enterprises, and private-sector organisations across sectors including energy, infrastructure, utilities, mining, and manufacturing. Areas of collaboration include business […]
Iraq's Ceyhan Oil Exports "Hit 500,000 Barrels"
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Ceyhan Oil Exports Hit 500,000 Barrels SOMO is now sending 500,000 barrels a day of Kirkuk, Kurdistan Region and Basra crude through the Kurdistan Region pipeline to Türkiye's Ceyhan port, a North Oil […]
NIC Releases $111m to Hanwha for Bismayah Housing Units
By John Lee. A payment of $111 million has been released to South Korean contractor Hanwha for completed residential units at the Bismayah housing project in Baghdad. The National Investment Commission (NIC) announced the release of the first instalment, covering 8,280 completed units, following the completion of all required legal and documentary procedures. The payment […]
Iraq "Plans Joint Management of Kurdistan Oilfields"
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Plans Joint Management of Kurdistan Oilfields Amid Budget Dispute Iraq's Oil Ministry plans to station employees of the State Organization for Marketing of Oil (SOMO) at Kurdistan Region oilfields to monitor actual production […]
UAE-Iraq Trade Hit by Iran War
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. UAE-Iraq Trade Hit by Iran War UAE exports to Iraq fell sharply in the first half of the year as the Iran war disrupted regional shipping […]