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Mercedes-Benz Signs MoU with Erbil Chamber of Commerce

By John Lee. Mercedes-Benz Iraq has signed a memorandum of understanding (MoU) with the Erbil Chamber of Commerce and Industry to strengthen business ties and create new local opportunities. The signing was attended by Erbil's Governor, Omed Khoshnaw, along with government officials and traders. The MoU was signed by Mercedes-Benz Iraq's CEO, Bernhard Dolinek, and […]

New Online Rebooking Service from Iraqi Airways

By John Lee. Iraqi Airways has launched an online rebooking service allowing passengers to change their flight date or destination without visiting a company office or agent. Director General Mustafa Talib said the facility would save passengers time and effort, and offer greater flexibility in managing their bookings. He added that the airline would continue […]

Supreme Population Council Convenes to Review Demographic Priorities

By John Lee. Iraq's Supreme Population Council has held its first session, chaired by Prime Minister Ali al-Zaidi, with ministers of education, labour, water resources, youth and sport, and environment in attendance, along with the Secretary-General of the Council of Ministers and the head of the Kurdistan Regional Government representation in Baghdad. According to the […]

Euphrates Inflow to Iraq "Quadruples from Last Year"

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Euphrates Inflow to Iraq Quadruples from Last Year: Ministry of Water Resources Water flowing into Iraq from Syria through the Euphrates river has increased to nearly 680 cubic meters per second, more than four […]

GSK in Talks to Return to Iraqi Pharma Market

By John Lee. Meetings have taken place in the United Arab Emirates between Iraq's Ministry of Health and senior representatives of major international pharmaceutical companies, aimed at encouraging their return to the Iraqi market. British Ambassador to Iraq Irfan Siddiq attended and assisted with the meetings. The most significant meeting was with GSK, a British […]

Production Target Announced for Akkas Gas Field

By John Lee. Iraq's Ministry of Oil has announced a long-term plan to raise production at the Akkas gas field to 400 million standard cubic feet per day (MMscfd), with an interim target of 143 MMscfd by mid-2027. A meeting with a delegation from US company ConocoPhillips is expected in Baghdad to discuss implementation of […]

Plans Advance for Al-Tayeb Economic City

By John Lee. Plans for Al-Tayeb Economic City in Maysan province have moved forward following a meeting to assess water infrastructure requirements for the site. The meeting was chaired by the head of the National Investment Commission (NIC), Adel Dakhil Muhammad al-Yasiri and focused on the technical and economic feasibility of water harvesting projects at […]

Iraq PM Chairs Meeting on Strategic Export Pipeline Projects

By John Lee. A meeting has been held to review technical and economic details of two strategic crude oil export pipeline projects: the Basra-Haditha pipeline (extending to Fishkhabur) and the Haditha-Baniyas pipeline. Prime Minister Ali al-Zaidi chaired the meeting, which was attended by the Minister of Oil, senior ministry officials, the director of the Prime […]

Limestone Survey for Cement Industry South of Najaf

By John Lee. A project to assess limestone reserves suitable for cement production is under way in the Wadi al-Mahari area, south of Najaf governorate. The work is being carried out by the Iraqi Geological Survey, a body within the Ministry of Industry and Minerals. According to the Ministry of Industry and Minerals, the project […]

Iraq and Australia Eye Closer Trade and Investment Ties

By John Lee. Iraq's Ministry of Trade has held talks with Australia's Ambassador to Baghdad, Glenn Miles, on expanding bilateral trade and investment relations. According to the ministry, Minister Mustafa Nizar Jumaa said Iraq was ready to facilitate access for Australian companies to the Iraqi market and to remove obstacles to their entry. Miles indicated […]

Iraq-Japan Water Sector Agreement Signed

By John Lee. A memorandum of understanding (MoU) on water sector development has been signed between Iraq's Ministry of Construction, Housing and Municipalities and the Japan International Cooperation Agency (JICA), in a ceremony held in Istanbul. The MoU was signed by Ammar Adel Hussein, Director General of the General Directorate of Water, on behalf of […]

Iraq's Housing Boom is Leaving its Aspirational Class Behind

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Housing Boom is Leaving its Aspirational Class Behind In Erbil, the capital of Iraqi Kurdistan, a young professional said she considers herself fortunate by earning some two million IQD (1,500 USD) a […]