By John Lee. Ukrainian President has named a new ambassador to Iraq. In a statement on Friday, Volodymyr Zelenskyy appointed Ivan Ivanovych Dovganych [Dovhanych] to the role. In April, Iraq signed a contract with Ukrainian company Ukrzemresurs to develop the Akkas gas field in Anbar Province. (Source: Office of the Ukrainian President)
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired a meeting on Sunday with the higher committee overseeing the New Sadr City Project. The meeting focused on the steps needed to complete this significant residential project and the overall financing mechanism to ensure all requirements are met. Al-Sudani instructed the Ministry of Electricity to quickly […]
By John Lee. An industry group representing international oil companies (IOCs) in Iraqi Kurdistan has said that its members would agree to direct sales agreements with the State Oil Marketing Organization (SOMO), which is controlled by Baghdad's Ministry of Oil. A statement from the Association of the Petroleum Industry of Kurdistan (APIKUR) on Friday, issued […]
The AMAR 'Ashty' Yazidi Women's Peace Choir, a symbol of resilience and cultural preservation, is set to embark on a groundbreaking tour of the United Kingdom. The tour will feature live performances and recording sessions, showcasing the rich heritage of the Yazidi community. Comprising eight talented singers from the Khanke refugee camp near Dohuk in […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired a meeting on Sunday with the committee tasked with lifting the European Union (EU) ban on Iraqi Airways. The committee reviewed the steps taken to meet the ban's requirements, efforts to automate all aspects of the airline's operations, aircraft maintenance, staff training, and service improvements to […]
By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed up more than six percent on Friday, after the company announced that it will pay an interim dividend. The company had cancelled its dividend in May 2023, follow disruption to oil exports from the Kurdistan Region. An increase in sales to local customers had allowed […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq and China Strengthen Ties With Major Development Initiative A series of high-level meetings took place last week between senior Iraqi and Chinese officials to finalize the details of the […]
By Sinan Mahmoud for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's banking system blighted by corruption Dysfunction of the sector is a stark reminder of Iraq's unfulfilled economic expectations - 21 years after US-led invasion. Click here to read […]
By John Lee. Scottish consulting and engineering company Wood, together with joint venture partner Al Majal, an Iraqi oil and gas services company, is developing a new state of the art vocational training centre in Basra. According to a press release from Wookd, the Basra Technical Training Centre will advance training and development opportunities for […]
By Maram Haddad, for Physicians for Human Rights (PHR). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. In Iraq, a New Tool Helps Forensic Doctors Document Sexual Violence and Torture Physicians for Human Rights (PHR) and the medical-legal sector in Iraq have partnered to […]
By John Lee. The Turkish Statistical Institute (TurkStat) has reported that Iraqis ranked fifth among the countries that purchased Turkish real estate in May. Iraqis bought 98 houses in Turkiye in May, putting them behind Russians (437), Iranians (207), Ukrainians (171) and Germans (104). According to Shafaq News Agency, Iraqis had topped the list from […]
By Selin Uysal and Devorah Margolin, 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. A New Era in Iraq's Relations with the West? Amid growing pressure to dissolve the coalition and withdraw troops, the United States […]
