By John Lee. The National Investment Commission (NIC) has signed the Task Order for Phase One of developing the Al-Tayeb Specialised Economic Service Zone in Maysan Province, positioning it as Iraq's first integrated economic city. Key Developments: NIC Chairman Dr. Haider Mohammed Makiyah stated that Al-Tayeb Economic City will attract global investors across agriculture, industry, […]
From Money Moves. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. In this episode of Money Moves, Muhammed Mekki sits down with Mohammed Khudairi, an Iraqi-American entrepreneur and investor who's helping rebuild Iraq, one business at a time. Mohammed's family company, Khudairi Group, has […]
By Dr. Ali Abdul Rahim Al-Aboudi, College of Political Science, Al-Nahrain University, 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. An Economic Perspective on the Feasibility of Supporting Iraqi Industrial Projects According to the Mechanisms and […]
By John Lee. The Government of Japan and UN-Habitat have expanded their joint efforts to support returnees and vulnerable communities in Northern Iraq, in coordination with the Government of Iraq. A new Japanese contribution to the Japan Village Project in Mosul will provide 24 additional social housing units, increasing the total capacity to 500 returnees […]
By John Lee. Gulf Keystone Petroleum (GKP) has issued its Annual Report and Accounts for 2024. Click here to download the full report. To browse our comprehensive library of reports on Iraq, click here. (Source: GKP)
By John Lee. Gulf Keystone Petroleum (GKP) has published details of its payments to governments for the year 2024: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ('Gulf Keystone') for the year ended 31 December 2024 as required under Disclosure and Transparency […]
By John Lee. The China Huanqiu Contracting & Engineering Company (HQC), a subsidiary of the China National Petroleum Corporation (CNPC), has reportedly signed a Project Management Consultancy (PMC) contract for the West Qurna-1 oilfield. According to sina.com.cn, this is CNPC's largest overseas service contract since 2020. In January 2024, PetroChina, also a subsidiary of CNPC, […]
By John Lee. Iraq's General Customs Authority has introduced new customs procedures aimed at enhancing trade efficiency, preventing smuggling, and supporting domestic industries. Key Objectives: Implementing modern electronic systems to reduce delays and streamline processes. Strengthening anti-smuggling measures to protect markets from substandard goods. Ensuring fair trade regulations and compliance among all importers. Encouraging local […]
By Dr. Muhammad Abdul Saleh, College of Business Economics at the University of Nahrain, 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. E-commerce: Platforms, E-stores, and the Iraqi Economy Between Reality and Potential E-commerce in Iraq […]
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 […]
