By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani has inaugurated the Al-Amarah Unified Major Water Project, a 16,000 m³/hour facility aimed at securing potable water supply for all areas of Al-Amarah City in Maysan [Missan] Province. Al-Sudani emphasized that completing stalled infrastructure projects is a top government priority, particularly those that have faced long […]
By John Lee. The World Food Programme (WFP) in Iraq has published its Annual Report 2024, highlighting the following key messages: Through strategic partnerships with the Government, WFP introduced innovative nature-based solutions to support climate adaptation through mangrove restoration, community assets, and climate information systems to boost agricultural productivity while strengthening government capacity for emission […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Rebalancing IOCs Positioning in the Upstream Petroleum Sector in Iraq The Ministry of Oil (MoO) recently concluded an agreement with BP covering four main oilfields in Kirkuk, following an earlier contract with […]
By John Lee. The London School of Economics (LSE)'s Middle East Centre has hosted a talk by Ahmed Tabaqchali, exploring the economic and financial interactions of the Iraqi economy with the outside world, particularly the use of the dollar in relation to Iran and the US. While the US' Iraq policy is still fluid, there […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has announced that Iraq's refining capacity will soon reach 1,542,000 barrels per day (bpd) following the expansion of key refineries. During a visit to Maysan province, the Prime Minister inaugurated the Maysan [Missan] Refinery Development Project, which will increase its capacity from 40,000 to 110,000 bpd. He […]
From Capacity Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's digital future: FastIraq CEO on why the country is rising as a key connectivity hub As the global demand for low-latency, high-capacity connectivity grows-driven by AI, cloud services, and real-time applications-networking strategies […]
By Salam Jabbar Shihab, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Real Estate and the Banking Intermediary Between Sellers and Buyers: Will the Real Estate Market Boom or Collapse? Several macroeconomic factors are driving the […]
By John Lee. Iraq's Defense Industries Commission (DIC) has announced plans to expand its domestic arms manufacturing capabilities in 2025, with a focus on mortars, field rocket launchers, and artillery systems. The Chairman of the DIC told state-run Iraqi News Agencey (INA) that the move is part of a broader strategy to reduce reliance on […]
By John Lee. The Iraqi Oil Tanker Company (IOTC) has confirmed that the oil tanker 'Akkad' was involved in a collision at Berth 9 in Umm Qasr Port on 29th March 2025, with no reported injuries. Following the incident, Minister of Oil Hayan Abdul Ghani directed the formation of a technical investigation committee to determine […]
By John Lee. The UK government announced today that it is providing nearly £1 million [$1.2 million] in funding to Iraq to combat organized immigration crime and people smuggling gangs. This comes as part of a partnership with Iraq, particularly focused on the Kurdistan Region of Iraq (KRI), which was established four months ago. The […]
By John Lee. Iraq's Minister of Electricity, Eng. Ziyad Ali Fadel, has addressed key energy issues in interviews with Al Arabiya and Al Hadath, outlining government efforts to secure power supply and mitigate potential summer shortages. Key points include: The halt of exemptions has affected 800 MW of electricity imports from Iran, impacting Diyala, Maysan, […]
By John Lee. As part of the government's national program, Iraq's Ministry of Oil has announced the opening of four new liquefied gas (LPG) fueling stations along the international highway connecting Baghdad to the southern provinces. The initiative is led by the General Company for Gas Filling and Services, aiming to expand gas-powered vehicle infrastructure […]
