By John Lee. WesternZagros Resources has joined the Association of the Petroleum Industry of Kurdistan (APIKUR), becoming its seventh member. According to a statement from APIKUR: WesternZagros is a privately held American owned company with offices in Calgary, Canada, and in Erbil and Sulaymaniyah in the Kurdistan Region of Iraq. It has invested over $1 […]
By John Lee. A memorandum of understanding has been signed between the Small and Medium Enterprise Development Agency (KOBIA) of Azerbaijan and the Federation of Iraqi Industries, fostering collaboration in the provision of services to small and medium enterprises (SMEs). The agreement was formalized during the 3rd session of the Joint Commission for Economic, Scientific, […]
By John Lee. At the COP28 conference in Dubai, Iraq will reportedly not agree to a phasedown or phaseout of fossil fuels, while it has already begun with steps to reduce emissions. An adviser to Iraq's oil ministry told S&P Global Commodity Insights at COP28 in Dubai that Iraq will agree to phase down emissions, […]
From the Iraq Britain Business Council (IBBC): IBBC's two-day conference success 'Building a sustainable future for Iraq'. IBBC held an expanded two- day conference in Dubai to coincide with Cop 28 to focus on 'a sustainable future for Iraq', with one day dedicated to Education and Training and one for Business, Investment, and Energy. IBBC […]
JICA renews commitment to boost infrastructure projects for transformative development in Iraq The United Nations Development Programme (UNDP) in Iraq and Japan International Cooperation Agency (JICA) Iraq Office renewed its long-standing, partnership agreement related to the establishment of socio-economic infrastructure projects in Iraq, with the support of the Government of Iraq (GoI). This agreement is […]
By John Lee. North Power Co. For Contr. Of Civil Constr., Electr., Mechan., Chemical & Eng. Design Ltd has won a contract with the United Nations Assistance Mission for Iraq (UNAMI): "Asphalt pavement for the parking area with car shade." The contract is valued at $156,034, with a potential end date of November 30, 2028. […]
By Selin Uysal, 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. Making Sense of Iraq's Politicized Supreme Court Rulings From removing the speaker of parliament to overturning election results, the court has repeatedly overstepped its role […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Iraq's oil tanker ambitions have not made it to deep waters Shipping is one of many sectors where Iraq is still playing catch-up after decades of conflict. To this end, the Iraqi […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG official warns gold smuggled from Sulaimani to Iran The president of the Kurdistan Region's importers and exporters union told Rudaw on Wednesday that gold is being smuggled to Iran from Sulaimani province, revealing […]
WFP land mapping study reveals Iraq's diverse ecological zones in need of protection against climate change The United Nations World Food Programme (WFP) and the Government of Iraq have launched the Land Use Land Cover (LULC) project in Baghdad, a vital step in fighting climate change. LULC generates high-resolution satellite imagery crucial for understanding environmental […]
FAO-EU raises hope for Buffalo Producers in Southern Iraq with Promoting Sustainable Agriculture and Empowering Rural Women In a groundbreaking move towards sustainable agriculture and under the "Restoration and Strengthening the Resilience of Agri-Food Systems in Southern Iraq" project funded by the European Union and implemented in cooperation with the Ministry of Agriculture (MoA), the […]
By John Lee. Saudi Arabia has reportedly made $3 billion available for investment in Iraq. The country's ambassador to Iraq, Abdulaziz Al-Shammari (pictured), told the state-run Iraqi News Agencyt (INA) that, "$3 billion is now available at the Public Investment Fund ... coordination is underway between the fund of Iraq for development and the investment […]
