Swedish Pharma Firm Secures Exclusive Iraq Rights

By John Lee. Sweden's Newbury Pharmaceuticals AB has signed a ten-year exclusivity agreement with an unnamed Chinese pharmaceutical manufacturer, granting it exclusive rights to register, market and sell a portfolio of 40 products in Iraq. The deal was signed through its subsidiary Newbury Pharmaceuticals S.A. The portfolio centres on injectable medicines for hospital and acute care […]

Iraq Moves Towards Hydrographic MoU with UK

By John Lee. Iraq's Ministry of Transport is advancing preparations for direct negotiations with the UK Hydrographic Office (UKHO) on a memorandum of understanding (MoU) aimed at strengthening technical cooperation and developing national hydrographic capabilities. According to the Ministry of Transport, a dedicated committee reviewed a revised draft MoU prepared in coordination with relevant government […]

"Iran's Blind Eye Helps Iraqi Oil Exports to Bounce Back"

By Francesca Washtell, 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. Iran's Blind Eye Helps Iraqi Oil Exports to Bounce Back Iraq has restored its oil exports to 70 percent of pre-war volumes after it increased shuttling […]

Poland-Iraq Electricity Talks Focus on Power Station Development

By John Lee. Iraq's Minister of Electricity, Ali Saad Wahib, met with Poland's Ambassador to Iraq, Wojciech Bujak, in Baghdad on Monday to discuss expanding cooperation between the two countries in the electricity sector. The meeting covered opportunities to draw on the technical expertise and capabilities of Polish companies, particularly in the development and rehabilitation […]

Official Holiday Declared for Iraq's Sovereignty Days

By John Lee. Iraq's Council of Ministers has approved a public holiday to mark the country's "Sovereignty Days" celebrations. Official working hours at state institutions will be suspended from Wednesday 1st October through Saturday 4th October, with work resuming on Sunday 5th October. The decision was taken at the twentieth ordinary session of the Council […]

New Measures to Ease Iraq-Syria Truck Transit and Border Ops

By John Lee. Iraq and Syria have agreed a package of measures to streamline truck transit and border crossing procedures, including an expansion of the Rabia crossing and the introduction of dedicated lanes for commercial traffic. The agreements were reached at a joint videoconference meeting attended by the Director General of the General Company for […]

Investors "weigh Iraq Risk as US Troops Prepare to Leave"

By Valentina Pasquali, 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. Investors weigh Iraq Risk as US Troops Prepare to Leave Gulf companies are concerned about the impending US military withdrawal from Iraq and possible security repercussions, […]

Swiss Firm in Talks with Iraq on Electrical Equipment Plant

By John Lee. A Swiss company called Main Power Engineering has held discussions with Iraq's National Investment Commission (NIC) on a proposed integrated complex for the manufacture of high-technology electrical equipment in Iraq. The meeting, chaired by NIC head Adel Dakhil Muhammad al-Yasiri, covered the strategic and financial aspects of a project that would establish […]

Najaf Airport "to Reopen for Iranian Flights Within 24 Hours"

By John Lee. Najaf International Airport is to reopen for Iranian flights within 24 hours, according to Iraq's ambassador to Iran, Yasser Abd al-Zahra al-Hajjaj. He told the state-run Iraqi News Agency (INA) that no government decision had been taken to halt flights with Iran, and that the suspension was caused by foreign ground-handling companies […]