By John Lee. Libya's Youth Minister, Fathi Al-Zeni [Fathallah Al-Zani], and his Iraqi counterpart, Ahmed Al-Mabrouq [Ahmed Al-Mubarak], signed a cooperation agreement on Wednesday to "advance the youth sector in various fields." Accompanying the Libyan Minister in the reception delegation were Dr. Akram Naeem, Director General of the Department of Studies and Development of Youth […]
By John Lee. The Iraqi Cabinet has revoked a decision to relocate its consulate general from the Turkish city of Gaziantep to the province of Mersin. It said the decision came as part of "diplomatic organization efforts," but provided no further information. (Source: Media Office of the Prime Minister)
By John Lee. Iraq is to appoint a commercial attaché to the African continent. The role, approved at Wednesday's cabinet meeting, will be based in South Africa. (Source: Media Office of the Prime Minister)
By John Lee. Italian connectivity services provider Sparkle has announced the expansion of its network footprint to Iraq with the opening of a new Point of Presence (PoP) in Erbil, in cooperation with Novel Point, an Iraqi international provider of connectivity and ICT solutions. According to a press release: "The PoP in Erbil leverages Novel […]
By John Lee. On 6 February 2024, the Kurdistan Regional Government's Prime Minister, Masrour Barzani, welcomed James Goldman, the newly appointed British Consul General to the Kurdistan Region. Prime Minister Barzani extended his congratulations to Consul General Goldman on his new role and emphasised the KRG's commitment to advancing bilateral ties between the two regions. […]
By John Lee. DNO has reported an average net production of 52,600 barrels of oil equivalent per day (boepd). Production in Iraqi Kurdistan contributed 34,900 boepd. Gross production from the DNO-operated Tawke license has rebounded to an average of 80,000 boepd by the end of the year, following the pipeline shutdown in March 2023. The […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th February 2024). 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 1,668.0 -2.1% 7.3% RSISX USD Index 1,640.1 […]
By Michael Knights and Hamdi Malik, 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. Abu Baqr al-Saeedi: Kataib Hezbollah Terrorist, Serving PMF Official The Kataib Hezbollah leader killed on February 7 in Baghdad was (until now) […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. What's next for Iraq and the US after drone strike killed militia leader? The Iraqi government strongly condemned the US strike that killed Abu Baqir al-Saadi, as did Iran-backed […]
By John Lee. Iraqi company Muhaj Baghdad has awarded Italy's Danieli the contract to build a new rolling mill plant for rebar production. The plant will be located in the industrial area of Al-Hilla near Baghdad and will have a capacity of 500,000 tons per year. According to a statement from Danieli, the plant will […]
By John Lee. UK-based Acoustic Data has reportedly won a multi-million-dollar order from a major oilfield service company in Iraq. According to Oil Review Middle East, the company will deploy its SonicGauge wireless monitoring systems "across a substantial number of assets." It quotes Chief Commercial Officer, Jesse Tolley, as saying that it will provide "real-time […]
By John Lee. The Iraqi Cabinet has agreed to invite Russia's Gazprom to develop the Nassiriyah oilfield as a single contract. While described in a statement from the Prime Minister's office as an "integrated development project", to be offered as a "single bid", it is not immediately clear if this is the originally proposed Nassiriya […]
