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, 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 […]
By John Lee. Iraq's Ministry of Transport has said it will add 50 new locomotives to its rail fleet, in addition to repairing all existing locomotives and bringing them back into service. The maintenance and rehabilitation work will be carried out at facilities including Al-Shalchiya maintenance facility in Baghdad, Samawah (Middle Euphrates Railways), Beiji (Eastern […]
From UN-Habitat Iraq: Transitioning to E-land Governance in Iraq: UN-Habitat and the Ministry of Justice are collaborating on a new project to digitise land administration systems in Iraq In a significant move towards enhancing Iraq's long-term development and reform process, the Ministry of Justice, in collaboration with the United Nations Human Settlements Programme (UN-Habitat), announces […]
By Sardar Aziz for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why the Iraqi ruling elites pivot to China Over the past 15 years, China has executed a strategy in Iraq that has been incredibly effective. By February 2024, Chinese firms […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq girds to revive long-abandoned nuclear energy program The Iraqi government has declared its intention to revive the country's long-abandoned nuclear energy program. The announcement by Prime Minister Muhammad Shia' Al-Sudani comes amid […]
By John Lee. Iraqi has been ranked sixth worst in the 2023 World Air Quality Report. In its city rankings, Baghdad came in fifth worst place. The 2023 World Air Quality Report provides a global review of air quality data for the year 2023. The report summarizes PM2.5 air quality data from 7,812 cities spanning […]
By John Lee. The Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, has chaired the sixth meeting of the Supreme Committee for Reconstruction and Investment this week, discussing service and residential investment opportunities in various governorates. At the meeting, approval was given for a request from the National Investment Commission (NIC) to establish an iron and steel […]
Riad Chehayab (pictured), Director of assurance and consultancy at Serco, has joined the Iraq Britain Business Council (IBBC) advisory council. Riad oversaw running air traffic control for the Iraqi Government in Baghdad for 10 years, and previously ran air operations for Serco Middle East. While in Iraq, Riad acted as an advisor to the Iraq […]
