GSK in Talks to Return to Iraqi Pharma Market
By John Lee. Meetings have taken place in the United Arab Emirates between Iraq's Ministry of Health and senior representatives of major international pharmaceutical companies, aimed at encouraging their return to the Iraqi market. British Ambassador to Iraq Irfan Siddiq attended and assisted with the meetings. The most significant meeting was with GSK, a British […]
Production Target Announced for Akkas Gas Field
By John Lee. Iraq's Ministry of Oil has announced a long-term plan to raise production at the Akkas gas field to 400 million standard cubic feet per day (MMscfd), with an interim target of 143 MMscfd by mid-2027. A meeting with a delegation from US company ConocoPhillips is expected in Baghdad to discuss implementation of […]
Plans Advance for Al-Tayeb Economic City
By John Lee. Plans for Al-Tayeb Economic City in Maysan province have moved forward following a meeting to assess water infrastructure requirements for the site. The meeting was chaired by the head of the National Investment Commission (NIC), Adel Dakhil Muhammad al-Yasiri and focused on the technical and economic feasibility of water harvesting projects at […]
Iraq PM Chairs Meeting on Strategic Export Pipeline Projects
By John Lee. A meeting has been held to review technical and economic details of two strategic crude oil export pipeline projects: the Basra-Haditha pipeline (extending to Fishkhabur) and the Haditha-Baniyas pipeline. Prime Minister Ali al-Zaidi chaired the meeting, which was attended by the Minister of Oil, senior ministry officials, the director of the Prime […]
Limestone Survey for Cement Industry South of Najaf
By John Lee. A project to assess limestone reserves suitable for cement production is under way in the Wadi al-Mahari area, south of Najaf governorate. The work is being carried out by the Iraqi Geological Survey, a body within the Ministry of Industry and Minerals. According to the Ministry of Industry and Minerals, the project […]
Iraq and Australia Eye Closer Trade and Investment Ties
By John Lee. Iraq's Ministry of Trade has held talks with Australia's Ambassador to Baghdad, Glenn Miles, on expanding bilateral trade and investment relations. According to the ministry, Minister Mustafa Nizar Jumaa said Iraq was ready to facilitate access for Australian companies to the Iraqi market and to remove obstacles to their entry. Miles indicated […]
Iraq-Japan Water Sector Agreement Signed
By John Lee. A memorandum of understanding (MoU) on water sector development has been signed between Iraq's Ministry of Construction, Housing and Municipalities and the Japan International Cooperation Agency (JICA), in a ceremony held in Istanbul. The MoU was signed by Ammar Adel Hussein, Director General of the General Directorate of Water, on behalf of […]
Iraq's Housing Boom is Leaving its Aspirational Class Behind
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Housing Boom is Leaving its Aspirational Class Behind In Erbil, the capital of Iraqi Kurdistan, a young professional said she considers herself fortunate by earning some two million IQD (1,500 USD) a […]
Chinese Solar Plant in Muthanna: 750MW Planned
By John Lee. A 750-megawatt solar power station planned for Muthanna province has moved forward following discussions between Iraq's Ministry of Electricity and Chinese company Power Construction Corporation of China (PowerChina). The meeting also covered the technical and implementation stages of the project, and progress on related procedures. According to the Ministry of Electricity, 250MW […]
Iraq Upgrades Border Trade Yards
By John Lee. Iraq has launched the second phase of a project to develop commercial exchange yards at its land border crossings with neighbouring countries. According to the Ministry of Transport, the initiative is part of government efforts to increase non-oil revenues and strengthen governance and automation at border facilities. Murtada al-Shahmani, Director General of […]
The US Power Play that Moscow & Beijing Didn't See Coming
By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The U.S. Power Play in Iraq That Moscow and Beijing Didn't See Coming As Russia remains occupied with its war in Ukraine, Iran focuses on defending its territory against U.S. and […]
Iraq-Germany Partnership for Integrated Waste Management
By John Lee. A partnership agreement for integrated waste management has been signed between the General Company for Carbon Economics and German firm Sutco RecyclingTechnik GmbH, with support from the Iraqi Ministry of Environment and the German Embassy in Baghdad. The project aims to develop an integrated waste-management system covering the collection, transportation, and treatment […]