Iran to Sign Military Cooperation Deal with Iraq: Top General Chief of Staff of the Iranian Armed Forces Major General Mohammad Hossein Baqeri (pictured) unveiled plans for signing an agreement with Iraq on military and defense cooperation. Speaking to reporters after a meeting with Iraq's defense minister in Tehran on Sunday, Major General Baqeri said […]
By John Lee. Iraq has reportedly cancelled a contract to develop its Mansuriya gas field near the Iranian border. Iraq Business News understands that, under a deal agreed in 2010, the field was being developed by Turkish Petroleum (TPAO) (37.5%), Iraqi Oil Exploration Company (25%), Kuwait Energy (KEC) (22.5%), and Kogas (15%). According to Reuters, […]
By Mustafa Saadoun 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, Saudi Arabia agree to boost ties Iraqi Prime Minister Mustafa al-Kadhimi had a virtual meeting Nov. 10 with Saudi Crown Prince Mohammed bin Salman, to discuss Saudi investments […]
JICA and UNDP Iraq Renew Partnership Agreement to Accelerate Infrastructure Projects The Japan International Cooperation Agency (JICA) and UNDP Iraq have signed a renewed partnership agreement to monitor and support the acceleration of the implementation of socio-economic infrastructure projects in Iraq. The projects are implemented by the Government of Iraq (GoI) with loan assistance from […]
The United Nations Development Programme (UNDP) and the Iraqi Ministry of Youth and Sport (MoYS) have signed a new Memorandum of Understanding (MoU) to empower Iraqi youth and promote youth leadership, citizenship and effective participation in decision-making. The three-year MoU provides a framework of cooperation between the two partners to support innovative solutions to social […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. France signs financing agreement with UN to support Iraqi elections The UN-France deal supports Iraq's Independent High Electoral Commission ahead of early elections slated for next summer. Click here to read […]
By John Lee. Iraqi Prime Minister Mustafa Al-Kadhemi has opened the new Al-Shifa Medical Center 13 at Al-Kindi Hospital in Najaf. The new facility is built on an area of two thousand square meters, with capacity of 120 beds, including 48 beds for intensive care. It has beds for dialysis and an integrated oxygen system, […]
By John Lee. The Kurdistan Regional Government (KRG) has expressed concerns and signaled its opposition to legislation put forward by the Iraqi parliament on Thursday that it says would once more cut the Kurdistan Region's share of the federal budget. The Council of Ministers issued the following statement: "The Kurdistan Regional Government commends the Kurdistan […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi officials welcome Biden presidency While Iraqi leaders and officials have welcomed a Biden presidency, there are worries about what direction US policy will take when it comes to Baghdad. Click […]
By John Lee. The Iraqi Cabinet has directed Al-Rafidain Bank, Al-Rasheed Bank, and the Trade Bank of Iraq (TBI) to pay $100 million to South Korea's Hanwha Engineering and Construction Company, which is implementing the Bismayah City residential project (pictured). It also agreed to reduce the minimum advance payment for buying housing units at the […]
UK-based pump company Amarinth has delivered four API 610 VS4 vertical pumps with Plan 53B seal support systems for the Oil Train 5 Project at Garraf oilfield. Located at the northwest of Al-Refaei, approximately 85 kilometers north of the City of Nasiriya, half way between the Tigris and Euphrates rivers in the southeast of Iraq, […]
By Rasha Al Aqeedi, for the Center for Global Policy (CGP). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Rhetoric Without Action Weakens Iraqi State Unlike his predecessors, the current Iraqi prime minister has spoken out against militia violations. But his failure to […]
