Archive | 2024

Iraq announces Oil Exports for October

By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for October, but has again not disclosed the value of oil exports for the month. This continues the practice of delayed or missing oil export data from the Ministry. Total exports of crude oil: 103,145,225 barrels. Exports from the oil fields in […]

Deep Dive: Inside Iraq's Population-Guessing Game

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Inside Iraq's population-guessing game After a two-day nationwide curfew, Iraq's long-delayed and much anticipated census has now concluded and early results are in. The first for the country in nearly three […]

Russian Ministers discuss Energy and AI with Iraqi PM

By John Lee. A high-level Russian delegation visited Iraq today (Tuesday), meeting with Prime Minister Mohammed S. Al-Sudani. Delegates included: Alexander Novak, Russian Deputy Prime Minister; Sergei Tsivilev, Russian Energy Minister; Mikhail Bogdanov, Russian Presidential Envoy to the Middle East and North Africa; Pavel Sorokin, Russia's First Deputy Minister of Energy. Discussions focussed on, "energy, […]

Iraqi Census: Key Findings

By John Lee. Prime Minister Mohammed S. Al-Sudani has announced the preliminary results of the 2024 Census, conducted last week. According to a statement from the Prime Minister's office, Iraq's population has reached 45,407,895, including foreigners and refugees. The population distribution shows 70.3% residing in urban areas and 29.7% in rural areas. Sudani highlighted that […]

USAID Pledges $20m for Water and Sanitation in Iraq

By John Lee. The US Agency for International Development (USAID) has announced a $20 million investment over four years to enhance water and sanitation services in Iraq, benefiting 2.5 million people across five governorates: Maysan [Missan], Diwaniyah, Ninewa, Baghdad, and Erbil. Implemented by the United Nations Children's Fund (UNICEF) under the Government of Iraq's leadership, […]

Iraq Inaugurates 790 New Schools; More to be Built

By John Lee. Prime Minister Mohammed S. Al-Sudani has officially opened 790 model schools across Iraq via video conference, part of the 1,000-school project under the China-Iraq agreement. With modern designs, these schools aim to reduce overcrowding and eliminate triple-year classes. The remaining 210 schools are expected to be completed within two months. Contracts for […]

Oliver Wyman continue Consulation on Iraq's Development Road

By John Lee. Prime Minister Mohammed S. Al-Sudani met with representatives from Oliver Wyman to review key principles of the economic model for the Development Road Project. Discussions highlighted competitive advantages and governance strategies, focusing on both short-term and long-term frameworks. The meeting emphasized aligning the project with global advancements in governance and Iraq's vision […]

Investment Opportunity: new Peace City

By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the new Peace City in Najaf Governorate This project spans 3,912 dunams and offers four investment opportunities of equal area. Interested investors must purchase the investment portfolio for 30 million Iraqi dinars […]

Investment Opportunity: Al-Mutanabbi New City

By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the new Al-Mutanabbi City in Wasit Governorate This project spans 5,000 dunams and offers five investment opportunities (5x 1000 donums). Interested investors must purchase the investment portfolio for 30 million Iraqi dinars […]