Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Ziad Ali Fadel, Iraq's Minister of Electricity, arrived at the Iraqi-Jordanian border on Saturday morning to inaugurate the first phase of the Iraqi-Jordanian electrical interconnection project. This interconnection will provide between 40 to 50 megawatts of power to benefit the Rawa district, which has been deprived of electricity for over 10 years […]
By John Lee. Iraq's Ministry of Transport has announced what it described as "significantly increased revenues" for three of its wholly-owned businesss in 2023, compared to the previous year: The General Company for Maritime Transport: The company recorded profits 45.7 billion dinars [$34.9 million] in 2023, up from 37.4 billion dinars in 2022; The General […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq-Saudi engagement weathers tumultuous regional climate Amid growing regional tensions, Iraq has sought to strengthen relations with Saudi Arabia and advance its nascent economic ties with the Kingdom. The full article can be […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Garbage, pollution clog Iraq's twin lifeline rivers Iraq's two major rivers, the Tigris and Euphrates, are becoming increasingly polluted with domestic, industrial, and agricultural waste, threatening the country's key lifeline waterways that are a […]
By Renad Mansour, for Foreign Affairs. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Why America Is Still Failing in Iraq U.S. military force and sanctions can't fix the country's broken politics. Click here to read the full article.
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq seeks to buy Khor Mor gas for electricity The Iraqi electricity ministry is seeking to purchase gas from Sulaimani's Khor Mor gas field to cover its needs and avoid power shortages in the […]
By John Lee. An delegation from the Kurdistan Regional Government (KRG) conducted a diplomatic mission to France and Italy from 26th to 29th March 2024, with a focus on investment. The mission was led by Safeen Dizayee, Head of the Department of Foreign Relations, and Dr. Mohammed Shukri, Chairman of the Kurdistan Board of Investment. […]
By John Lee. Ziad Ali Fadel, Iraq's Minister of Electricity, announced the signing of an agreement with Siemens of Germany to convert associated gas into electricity within six months. The minister signed the agreement in Berlin, Germany, aiming to convert associated gas into electrical energy to sustainably and securely meet citizens' needs. The minister emphasized […]
By John Lee. Iraq's Minister of Electricity, Ziad Ali Fadel, recently hosted the Finnish Ambassador to Iraq, Ms. Anu Saarela, along with a delegation from Wärtsilä, a company specializing in the installation and maintenance of engines. During the meeting, the minister emphasized the government and ministry's commitment to fostering common prospects, job opportunities, and partnerships, […]
By John Lee. Ziad Ali Fadel, Iraq's Minister of Electricity, has signed a five-year gas supply agreement with the Iranian National Gas Company (INGC). The contract involves daily gas delivery rates of up to 50 million cubic meters, adjustable based on system requirements. This initiative aims to sustain the momentum of power generation stations, ensuring […]
By John Lee. Tamayouz Excellence Award has invited architects, designers, engineers and artists to join in designing a new Iraq Pavilion for a Global Exposition at the Baghdad International Fairground. The Baghdad International Fairgrounds, situated on Damascus Street in the Al-Mansour District, across from Baghdad Mall, is a hub for various events; Every October, the […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Duhok's flood severely damage resorts, owners demand compensation from gov't Last week's flood severely damaged some resorts in Duhok province's Zakho, with the affected calling on the government to compensate them. Click here to […]
