Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
KRG Prime Minister Nechirvan Barzani received Jordanian Minister of Industry, Trade, and Supply Dr. Tariq al-Hammouri, Jordanian Ambassador to Iraq Montaser Oklah, Consul General of The Hashemite Kingdom of Jordan to the Kurdistan Region Haitham Abu Alfoul, and their accompanying delegation. Minister al-Hammouri highlighted historical relations between the Kurdistan Region and Jordan and expressed willingness […]
By John Lee. Kuwait is reportedly planning to build towns close to the Iraqi border, and talking with Iraqi authorities to develop a "free zone" between the two countries. According to Kuna, First Deputy Prime Minister and Minister of Defence Sheikh Nasser Sabah Al Ahmad Al Sabah (pictured) said the plan was currently "the preoccupation […]
By John Lee. Shell is reported to be still in the process of evaluating the viability of the $11-billion Nebras petrochemical complex in Basra. The project was designed to produce 1.8 million mt/year of various petrochemicals, using naphtha as a feedstock. Last year, Reuters reported that Saudi Basic Industries Corp (SABIC) was in talks to […]
Intertek, the UK-based assurance, inspection, product testing and certification company, has announced the launch of the first independent crude oil, fuel testing and petroleum products laboratory in Iraq. The new hydrocarbon laboratory, located in the port of Khor Al Zubair, will support the increased demand for quality assurance solutions in the petroleum industry across Iraq […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Hussein Shaalan feels nostalgic for the 1990s, when international sanctions against Iraq following the country’s annexation of Kuwait made his pottery business soar. “The 1990s were the last years when this […]
By John Lee. Oil Minister Thamer Al-Ghadhban met on Monday with Richard Crow, the Director of Development for the Middle East and North Africa at Shire Oak International. During the meeting, they discussed prospects for joint cooperation in developing Iraq's renewable energy sector. Mr Crow expressed his company's desire to develop the country's energy sector […]
By Alexander Southworth, Iraq Britain Business Council (IBBC). Exploring Tech in Iraq: ‘Hackasuly – Promoting Tech Literacy for a New Generation of Iraqis’ “Education is the most powerful weapon which you can use to change the world”. In a country which has seen its fair share of weapon misuse over the last few decades Mandela’s […]
Iranian President Hassan Rouhani will travel to Iraq on March 11 for an official visit. Heading a high-ranking delegation, the Iranian president will be visiting the Arab country at the official invitation of Baghdad. It will be Rouhani’s first official visit to Iraq during his tenure. On Monday, Iranian Deputy Foreign Minister Abbas Araqchi met […]
UK Export Finance (UKEF) will support a €30.2 million contract for the refurbishment of Al Mussaib power station in southern Iraq, the UK government has announced. The support will enable the rehabilitation of a 320 megawatt (MW) turbine, that will help improve the overall efficiency and output at the power station. Al Mussaib power station, […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Baghdad defends advantages of Iraq-Jordan agreement from critics Iraqi Prime Minister Adel Abdul Mahdi and his Jordanian counterpart, Omar al-Razza, signed 14 economic agreements Feb. 2 between the two countries, during […]
By John Lee. The Iraq Britain Business Council (IBBC) has announced that Tratos Group has become its latest member. The Anglo-Italian company makes electrical, electronic and fibre optic cables for a wide variety of applications. (Source: IBBC)
GE Power has announced that it has provided an advanced 9E gas turbine to Iraq's Al Qudus Power Plant. The company will also service up to seven GE 9E gas turbines at the facility throughout 2019, including maintenance, supply of parts and rehabilitation. GE is installing the new gas turbine at the site and it […]
