Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Hayder Al-Shakeri and Dr Renad Mansour, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How supply chains fuel transnational conflict in the Middle East Transnational conflict in the Middle East is fuelled by both 'legal' and 'illegal' trade. Mapping these […]
By John Lee. The United Nations Development Programme (UNDP) has published advance documentation ahead of its First Regular Session 2025, scheduled to be held from 27th to 31st January, 2025. The following documents are advance copies subject to change in the final versions: Draft country programme document for Iraq (2025-2029) Evaluation Plan, guiding the strategic […]
Almas Group: Supporting Iraq's Oil and Gas Sector through Specialized Logistics The oil and gas sector is key to Iraq's economic growth, generating significant revenue and development. As the industry grows, efficient supply chain solutions are essential for improving production and operations. Almas Group plays a crucial role by offering specialized logistics and supply chain […]
By John Lee. The Iraqi State Company for Cement, part of the Ministry of Industry and Minerals, has announced a record production milestone at the Badoush Expansion Cement Plant in October. General Manager Engineer Aqeel Abdul Ali Radam highlighted that the plant exceeded its production targets, achieving 89,568 tons of clinker and 76,656 tons of […]
By John Lee. The Iraqi Ministry of Planning held a meeting with the World Bank's Reform, Recovery, and Reconstruction Fund team to discuss a proposal for advisory services and support for implementing selected reform strategies. The $3.6-million project, funded by the World Bank, aims to enhance transparency and the efficiency of public services through policy […]
From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US Jury Awards $42 Million to 3 Iraqis Abused at Abu Ghraib Prison A federal jury in the US state of Virginia found defense contractor CACI Premier Technology, Inc. legally responsible […]
By John Lee. The Iraqi Ministry of Planning, in collaboration with the Ministries of Oil and Industry and Minerals, has launched a feasibility study for the strategic Al-Nibras [Nebras] Petrochemicals Project in Basra. Consultancy firm KBR has been appointed to conduct a comprehensive technical and economic review to map an optimal implementation path, building on […]
By John Lee. Singapore-based Pacific International Lines (PIL) is launching a new weekly feeder service between Jebel Ali in UAE and Umm Qasr in Iraq, with the aim of strengthening its coverage and connectivity in the Middle East. Known as the Iraq Feeder Service (IQF), the company says the new route will complement PIL's flagship […]
By John Lee. Iraq's Ministry of Planning has held an election conference to select members of the Permanent Council for Private Sector Development. Minister of Planning, Dr. Muhammad Ali Tamim, highlighted the years of collaborative efforts that led to the council's formation, emphasizing its role in decision-making and as a fundamental partner in economic development. […]
By John Lee. Iraq's Council of Ministers has approved a recommendation from the Ministry of Foreign Affairs to establish ambassador-level diplomatic relations with Turkmenistan. The move comes after recent cabinet approval of a plan to import gas from Turkmenistan, via a swap arrangement with Iran. (Source: PMO)
By John Lee. Shares in Genel Energy closed up over 6 percent on Tuesday, after the company said it, "continued optimising cash flows, evolving our capital structure and originating and maturing opportunities to acquire new assets that add reserves and diversify our cash generation geographically." In its trading and operations update for the third quarter […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting of the Higher Committee for Restructuring State-Owned Public Companies on Sunday, to assess the restructuring of state-owned public companies. The meeting was attended by key ministers from departments such as Oil, Electricity, Transportation, Trade, Construction Housing Municipalities and Public Works, Agriculture, Water Resources, and […]
