Menzies Aviation expands MASIL joint venture with launch of passenger services at Baghdad International Airport Menzies Aviation has announced that it has expanded its joint venture with Iraqi Airways ("MASIL") to offer passenger services at Baghdad International Airport. MASIL has now assumed operational control of passenger service activities in the Nineveh terminal at Iraq's largest […]
By John Lee. The European Commission has proposed to the Council to adopt temporary restrictive measures on short-stay visas for visa applicants who are nationals of Iraq, Bangladesh and The Gambia. Under the revised Visa Code in force since February 2020, the EU's short-stay visa policy is linked to cooperation with partner countries on readmitting […]
By John Lee. Iraqi Minister of Industry and Minerals, Manhal Aziz Mahmoud Al-Khabbaz, has announced the official start of construction of a new cement plant in Badoush, in Nineveh Governorate. The $220-million project is being carried out by the General Company of Iraqi Cement and a Spanish company, which the Ministry did not name. The […]
By John Lee. Japan's Minister for Foreign Affairs, Motegi Toshimitsu, visited Iraq on Saturday, meeting with Foreign Minister Fuad Hussein, Prime Minister Mustafa Al-Kadhimi, and President Barham Salih. Minister Motegi announced that Japan intends to extend the "Basrah Refinery Upgrading Project (Phase 3)" Yen loan project (up to the amount of 32.7 billion yen) [$300 […]
By John Lee. On Sunday, Iraqi Prime Minister Mustafa Al-Kadhimi met with the Emir of Kuwait, His Highness Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah. During the meeting in Kuwait, the Prime Minister stressed the need to take advantage of the potential offered by being neighbouring states, the interdependence of strategic and economic interests between the two […]
By John Lee. Erbil-based Aswar Al-Hadhaba General Trading, Contracting and Transportation Ltd has won a contract with the United Nations Secretariat for the post-conflict reconstruction of 21 low cost core housing units In Yathrib Sub-District, Balad district, Salah Al Din Governorate, Iraq The contract is valued at $428,835. (Source: UNGM)
By John Lee. The US Consul General in Erbil, Robert Palladino, has recently visited higher educational facilities in the city. At Erbil Polytechnic University he met with President Dr. Kawa Sherwani and senior administrators. They discussed U.S. exchange programs, the university's progress, and areas of possible cooperation. CG Palladino also participated in a roundtable discussion […]
By Erik Gustafson, Omar Al-Nidawi, and Mohammed Khalil, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Polls Give Iraq's Reformers the Advantage, the Vote May Be Theirs to Lose In Iraq, pre-election polls indicate likely difficulties […]
By John Lee. Iraq's Foreign Minister, Fuad Hussein, has this week received the credentials of several new ambassadors to Baghdad: the Ambassador of India to Baghdad, Mr. Prashant Bisai (pictured); the Ambassador of Spain to Baghdad, Mr. Pedro Martineth; the Ambassador of Sweden to Baghdad, Mr. Jonas Lofven; the Ambassador of Pakistan to Baghdad, Mr. […]
By John Lee. Shares in Genel Energy fell more than 15 percent in mid-morning trading after the company announced that the Kurdistan Regional Government (KRG) intends to terminate its contracts at Bina Bawi and Miran. In a statement, the company said: "Genel has received notice from the Ministry of Natural Resources of the Kurdistan Regional […]
By John Lee. The Chairwoman of Iraq's National Investment Commission (NIC), Suha Daoud Najjar (pictured), has said that the new Rafael [Rafeel] City project in Baghdad will change the direction of investment and reconstruction in Iraq, describing it as "an urban revolution by all modern standards of construction and designs." She added that the vast […]
By John Lee. On Wednesday, August 18, 2021, the President of the Republic of Iraq, Barham Salih made a phone call to Chinese President Xi Jinping. In the Phone conversation, President Salih congratulated the Chinese President on the 100th anniversary of the founding of the Chinese Communist Party. According to a statement from the Office […]
