By John Lee. Representatives from the Association of the Petroleum Industry of Kurdistan (APIKUR) member companies met with officials from the Government of Iraq (GoI) and the Kurdistan Regional Government (KRG) on March 6 to discuss the resumption of oil exports through the Iraq-Türkiye Pipeline. APIKUR reiterated that its member companies are ready to restart […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has remotely inaugurated the Al-Dhawari Iron and Steel Factory in Sulaiman Bek, Salah al-Din Governorate, marking a significant advancement in Iraq's industrial capacity. The private sector project represents a successful model for industrial development in Iraq, with the Prime Minister highlighting its importance amid rising construction activity […]
By John Lee. Al-Amar Al-Hadeth for General Constructional Contracting has won a contract with the United Nations Office for Project Services (UNOPS) for the construction of 110 housing units in Sinjar (Al-Jazeera and Al-Adnaniyah villages). The contract value was stated as $3,347,190. (Source: UNGM)
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on Sunday to assess summer electricity supply plans and the progress of oil sector projects. The Minister of Electricity outlined strategies to ensure stable power supply, including fuel station operations, while the Minister of Oil detailed fuel supply plans for power plants, including […]
By John Lee. US National Security Advisor Mike Waltz held a call with Iraqi Prime Minister Mohammed S. Al-Sudani on Sunday, reaffirming Washington's commitment to strengthening bilateral relations with Baghdad. Mr. Waltz extended Ramadan greetings and expressed concern over recent flooding in Baghdad. Discussions focused on economic cooperation, with Prime Minister Al-Sudani outlining his government's […]
By John Lee. Iraq's Prime Minister Mohammed S. Al-Sudani has approved measures to activate environmental pollution monitoring sensors in meteorological stations across the country, according to Dr. Salman Al-Bahadli, Director General of the General Authority for Meteorology and Seismology. This initiative follows continuous support from Transport Minister Razzaq Muhaibis Al-Saadawi, who highlighted the importance of […]
By John Lee. Transformers & Rectifiers (India) Ltd (TARIL) has announced that it has won a contract to supply Iraq's Al Sabha Group with electrical transformers. The contract value was not stated, but combined with another contract to supply an Australian company, the total value is 78 Crore Rupees [$8.9 million]. (Source: TARIL)
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Contentious retirement clause puts future of Iraq's PMU in question The Iraqi parliament's protracted debate over amendments to legislation regulating the Popular Mobilization Units (PMU) may be nearing its end. Reports suggest that […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Stepped-up repatriation of 'IS families' presents opportunities, risks for Iraq More than seven years after Baghdad's declaration of victory over the Islamic State group (IS), tens of thousands of women and children-including family members […]
By John Lee. Iraq's Ministry of Transport has reaffirmed its commitment to meeting the International Air Transport Association (IATA) requirements as part of ongoing efforts to lift the European airspace ban on Iraqi Airways. According to a statement from the Ministry's media office, Iraqi Airways is working towards obtaining the IATA Operational Safety Audit (IOSA) […]
The Republic of Iraq is a middle-income country recovering from decades of socio-political upheaval, from a humanitarian crisis that peaked around 2017 with millions of internally displaced people (IDPs) and refugees living in camps and from the impact of the COVID-19 pandemic. Considering the current transition towards long-term development and the pending arrival of a […]
By John Lee. Ambassador Mohammed Hussein Bahr Aluloom, Undersecretary of the Iraqi Foreign Ministry for Bilateral Relations, met in Helsinki with Jarno Syrjälä, Under-Secretary of State for International Trade of Finland, to discuss ways to enhance economic, trade, and investment cooperation between the two countries. Ambassador Bahr Aluloom highlighted Iraq's economic progress, emphasizing security stability […]
