By John Lee. A government delegation, led by the Prime Minister's Energy Advisor, Mr. Faiad Hassan Naima, and the Deputy Minister of Oil for Refining Affairs, Mr. Hameed Younis, visited the Baiji Northern Refinery on Thursday, October 19, 2023. The purpose of this visit was to assess the progress of the rehabilitation and reconstruction project […]
The Italian Agency for Development Cooperation (AICS) is funding a project implemented by the ILO in Iraq's Governorate of Al Muthana to enhance support for private sector development and decent work creation, with a focus on supporting young people to pursue sustainable green businesses and start-ups in Southern Iraq. The ILO held meetings with partners […]
By John Lee. Dubai-based Trelleborg Marine and Infrastructure has reportedly supplying sealing systems to South Korea's Daewoo Engineering & Construction (Daewoo E&C) for the Khor Al Zubair Immersed Tunnel project. According to the company, this is currently the largest immersed tunnel being constructed in the Middle East. It says that Trelleborg's portfolio of sealing systems […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully completed the drilling of the new oil well at Zubair oil field in Basra. Well Zubair/607 was drilled to a depth of 3,533 meters in 36 days. This achievement is part of a contract with the Italian company ENI to drill 37 oil wells at […]
Real Madrid Foundation travelled to Baghdad to present the Educational Football Program developed in collaboration with the Nabaa Al-Salman Group, which will be launched in Iraq from this season onwards. The Minister of Youth and Sport, Ahmed Al-Mubarqa; joined by the representative of the Prime Minister of Iraq, Khalid Qubayyan; and the president of the […]
The Food and Agriculture Organization (FAO) of the United Nations, in partnership with the Commission for Controlling the Desert Locust in the Central Region (CRC) and the Iraqi Ministry of Agriculture, launched a desert locust management training programme to ensure a rapid and effective response to locust outbreaks. Desert locusts, known as one of the […]
By Ezgi Akin for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey extends mandate for military operations in Syria, Iraq The Turkish parliament's extension of the mandate for another two years comes amid rising tensions between Turkey and the United […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 19th October 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,435.2 3.6% 57.7% RSISX USD Index 1,411.2 […]
By John Lee. The Prime Minister, Mr. Mohammed Shiaa Al-Sudani, presided over the forty-second regular session of the Cabinet on Tuesday. At the meeting, the Cabinet agreed that the Communications and Media Commission (CMC) will grant an exclusive three-year national license for 5G mobile technology to the Al-Salam State Company, a subsidiary of the Ministry […]
On the 17th of October 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) convened a meeting with a group of investors from the Kurdistan Region. Prime Minister Barzani underscored the KRG's steadfast commitment to advancing the investment sector. He highlighted the cabinet's ongoing efforts to facilitate projects for both local and foreign […]
By John Lee. From September 17 to 21, 2023, Veteffect, RVO and the Dutch Consulate General-agricultural team organized a Horticultural Orientation Mission to the Kurdistan region of Iraq (KRI). Because of urbanization and climate change, protected horticulture offers attractive opportunities for business, food security and jobs in KRI. According to a statement just issued from […]
By Khaled Sulaiman 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. Addressing Iraq's Environmental Challenges: Population Growth Solving Iraq's demographic crisis will require immediate and comprehensive action at both the state and individual level. Without these […]
