From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran's exchange of trade with neighboring Iraq registered a 30% growth in the previous Iranian calendar year (March 21, 2023 to March 19, 2024), according to an official at […]
By Jack Dutton for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq plans to reopen own oil pipeline as talks to restart Kurdish route stall The move to reopen the pipeline will irk the Kurdistan Regional Government, as it introduces […]
By Sajad Jiyad, for The Century Foundation (TCF). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Q&A: Iraq's Prime Minister Is Visiting the White House. What's at Stake? Iraqi prime minister Mohammad Shia al-Sudani will make his first official state visit to Washington, […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Position Statement and Call- Supporting the Ministry of Oil, Confronting APIKUR We, whose names are listed below, are oil specialists, are those who follow oil affairs, are those concerned with the Iraqi […]
By John Lee. The General Company for Communications and Informatics, a division of Iraq's Ministry of Communications, has signed a contract with Kuwaiti company Al-Zajil to transit international communications to Europe through Iraq via Turkey. Al-Zajil is a subsidiary of Kalaam Group. Minister of Communications, Dr. Hayam Al-Yasiri, emphasized that the signing of the contract […]
By John Lee. The Iraqi Cabinet approved the recommendations of the Sovereign Guarantees Committee regarding the Al-Khairat Power Station. The new facility is being built by Harlow International, which describes it as, "the largest thermal power plant project in Iraq ... which will provide more than 10% of Iraq's power demand when fully operational." According […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 9th April 2024). Note: ISX will be closed starting from Apr. 9, 2024 (Tuesday) to Apr. 11, 2024 (Thursday) due to the religious holiday of Eid Al-Fitr. The next trading session will be held on Apr. 14, 2024 (Sunday). Please click here […]
By John Lee. Australian engineer Robert Pether and his Egyptian colleague Khalid Radwan have now spent more than three years in prison in Iraq. The pair were detained in April 2021 by authorities in Baghdad in relation to a dispute over the construction of the new Central Bank of Iraq (CBI) headquarters in Baghdad. They […]
By John Lee. Iraq's Ministry of Health has signed a contract with Qatar's Elegancia Healthcare, a subsidiary of Estithmar Holding, to manage, operate, and maintain a 492-bed hospital in Nasiriyah, in Dhi Qar province. The signing ceremony was attended by the Qatari Ambassador to Iraq, Sultan bin Mubarak Al-Kubaisi, the Director-General of Health in Thi […]
By John Lee. The Central Bank of Iraq (CBI) has said it will issue a new series of bonds on behalf of the Ministry of Finance. The "Injaz/Enjaz" ["achievement"] bonds will be offered in two denominations: A 500,000 Iraqi Dinar (IQD) bond with an annual interest rate of 6.5 percent for a period of two […]
By John Lee. The Defence Industries Commission of Iraq (DICI) has said it started to produce armoured military vehicles. Janes identifies the vehicle as the Chinese Norinco VN22 6x6. More here from Janes. Click here to view the DICI video. (Sources: DICI, Janes)
By John Lee. The Development Fund for Iraq has signed Memoranda of Understanding with 12 Saudi companies. A statement from Saudi Arabia's Ministry of Investment did not specify the companies or the details of the MoU's, but said that they are intended to enhancing cooperation with Iraqi "in a number of qualitative investment projects." (Source: […]
