Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The new Ambassador of the UAE to Iraq has presented his credentials to President Abdul Latif Rashid. Abdulla Matar Al Mazrouei expressed his pride in representing the UAE in Iraq, and highlighted his keenness to enhance bilateral relations across various sectors, which contribute to consolidating fraternal ties and cooperation between both nations. […]
By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Who Is Playing Who In The Great Iraq Carve-Up? Last week's announcement that the China Energy Engineering Corporation (CEEC, Energy China) is to work with the French firm TotalEnergies on the […]
By John Lee. Iraq's Prime Minister, Mohammed Shia Al-Sudani, met with a group of Tunisian business leaders and private sector representatives in Tunis on Wednesday. During the meeting, Al-Sudani expressed his gratitude to Tunisia's President and Prime Minister for their warm hospitality, highlighting the deep fraternal ties between the two nations. He noted that the […]
By John Lee. Iraq's Minister of Industry, Khaled Battal Al-Najm, discussed the contract procedures with China's Tsingshan Holding Group for the development of a specialized industrial city focused on iron and steel production in Basra. The meeting, held on Monday with ministry officials and the Chinese delegation, reviewed the steps and details involved in finalising […]
By John Lee. Iraq's Prime Minister, Mohammed Shia Al-Sudani, met with leading Egyptian business representatives in El Alamein, Egypt, on Tuesday, during his official visit to the country. The meeting emphasized the strategic relationship between Iraq and Egypt, highlighting the potential for economic integration between the two nations. Al-Sudani noted Iraq's ongoing recovery and stability, […]
By John Lee. Iraq is reportedly preparing to grant an investment licence for its first blue ammonia production plant, which will be situated in Basra Governorate. A spokesperson for the National Investment Commission (NIC) told the state-run Iraqi News Agency (INA) that the project will reduce carbon emissions into the atmosphere, making it environmentally friendly. […]
By John Lee. UK-based Hydro-C has won a contract to design and supply a solar power plant for Basra Oil Company (BOC) at Iraq's Majnoon oil field. The plant will be supplied from the UK and installed in Iraq. According to a statement from the Iraq Britain Business Council (IBBC), of which Hydro-C is a […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani inaugurated the first phase of the Ur Tourist City project in Dhi Qar, which includes the construction of a cultural center, an open-air Sumerian theater, a closed Ur theater, a religious dialogue center, and an administrative building. Al-Sudani also announced the start of several strategic projects, including […]
By John Lee. Iraq's National Investment Commission (NIC) has just published its Iraq Investment Map 2024. The 283-page report includes details of investment opportunities, in addition to sectoral and regional data. Click below to download the full report: English Arabic See also Investor Guide to Iraq 2024. (Source: NIC)
By John Lee. Iraq's National Investment Commission (NIC) has just published its Investor Guide to Iraq 2024. The 55-page guide gives an overview of the investment climate in Iraq. Click below to download the full report: English Arabic See also Iraq Investment Map 2024. (Source: NIC)
By John Lee. China Energy Engineering Corporation (Energy China, CEEC) and France's TotalEnergies have signed an EPC contract for a 1-GW solar power project at the Ratawi [Artawi] field in Basra. According to a statement from Energy China: "This project is the first large-scale project in the Iraqi government's PV construction plan, and serves as […]
By John Lee. Iraq's Supreme Committee for Artificial Intelligence (AI) held its first meeting on Wednesday, during which the Iraqi National Strategy for Artificial Intelligence was reviewed. The meeting, led by Prime Minister Mohammed Shia Al-Sudani, reviewed key projects and applications supported by the government, including AI integration into education and smart applications across various […]
