Archive | 2024

Iraqi Airways to Resume Direct Flights to Russia

By John Lee. Iraqi Airways General Manager, Engineer Manaf Abdul Munim, announced today that direct flights between Iraq and Russia will resume on 16th July. According to a statement from Iraq's Ministry of Transport, this decision aligns with directives from the Minister of Transport, Razzaq Muhibis Al-Saadawi, recognizing the route's importance for the Iraqi community […]

KDP leader raises hopes of new Baghdad-Erbil relationship

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KDP leader raises hopes of new Baghdad-Erbil relationship Prominent Iraqi Kurdish leader Masoud Barzani has visited Baghdad for the first time in six years. During his two-day visit, Barzani attempted to commence a […]

CBI pushes for Regulation of E-Commerce in Iraq

By John Lee. Ali Mohsen Al-Alaq, Governor of the Central Bank of Iraq (CBI), chaired a meeting on the regulation of e-commerce in Iraq, with participation from relevant authorities. The meeting discussed controls and consumer protection measures, focusing on registration procedures and obtaining licenses for e-commerce activities. The committee defined service providers and established a […]

Iraqi Airways Resumes Direct Flights to Beijing

By John Lee. Iraqi Airways has announced the resumption of direct flights from Baghdad to Beijing, following a break of several years. The first flight departed from Baghdad International Airport (BIAP) to Beijing Daxing International Airport on Saturday. Engineer Manaf Abdul Munim, General Manager of Iraqi Airways, said the revival of this crucial route between […]

Iraqi PM Discusses Cooperation with New Turkish Ambassador

By John Lee. Prime Minister Mohammed Shia' Al Sudani met with Anil Bora Inan, the new Turkish Ambassador to Iraq, on Monday, welcoming him and wishing him success in his duties. The meeting focused on strengthening bilateral relations and implementing agreements made during Turkish President Recep Tayyip Erdoğan's visit to Baghdad last April, which resulted […]

Iraq Achieves Record Electricity Production

By John Lee. Iraq's Minister of Electricity, Engineer Ziyad Ali Fadel, has announced that Iraq's electrical system has reached an unprecedented production rate of 27,000 MW. A statement from the Ministry says that this is an increase of 3,000 MW on the same period last year. The minister attributed this success to the continuous support […]

Rasmi Al Jabri Award presented to Hadeel Hasan

By Padraig O'Hannelly. The Iraq Britain Business Council (IBBC) has awarded this year's Rasmi Al Jabri Annual Award for Excellence to Ms Hadeel A Hasan of Al Hadeel Al Hasan Law (HHL). Baroness Nicholson presented the 'Infinity Medallion' to Ms Hasan at the IBBC's Spring Conference in London's Mansion house on Tuesday, in the presence […]

Iraq to Import Gas from Turkmenistan via Iran

By John Lee. Turkmenistan and Iran have signed a contract for the purchase and sale of natural gas in the amount of up to 10 billion cubic meters of gas per year, which will be supplied from Turkmenistan to Iraq through Iran under a swap scheme. The agreement was signed following negotiations between Turkmenistan and […]

Iraqi Drilling Company Completes 105 Oil Wells in H1 2024

By John Lee. During the first half of 2024, the Iraqi Drilling Company (IDC) successfully drilled and rehabilitated 105 oil wells across various oil fields. General Manager Khalid Hamza Abbas reported that the company's technical and engineering teams drilled 33 new wells and rehabilitated 72 others for both national extraction companies and international firms operating […]

Czech NGO to provide Training in Iraq

By John Lee. Czech-based Clovek v tisni, o.p.s (People in Need, PIN) has won a contract with the United Nations Development Programme (UNDP) for "employment promotion through skills development and vocational training in Kirkuk Governorate." Contract value is stated as $396,021.55. The project aims to provide resilient employment opportunities for vulnerable Iraqis including youth and […]

Azerbaijan-Iraq Business Forum to meet in Baku

By John Lee. Azerbaijan and Iraq have agreed to hold a meeting of the Azerbaijan-Iraq Business Forum in Baku in the near future. Nasir Mammadov, the Ambassador of Azerbaijan to Iraq, made the announcement following a meeting with the Chairman of the Federation of Iraqi Chambers of Commerce, Mr. Abdul Razzaq al-Zuhairi. The meeting also […]