Khor Mor Gas Expansion Completed Eight Months Early
By John Lee. Dana Gas and Crescent Petroleum have announced the start of commercial gas sales from the KM250 gas expansion project at the Khor Mor facility in the Kurdistan Region of Iraq, marking a 50% increase in processing capacity. Completed eight months ahead of schedule, the KM250 project adds 250 million standard cubic feet […]
First Basra Airlines Aircraft Arrives in the City
By John Lee. Basra Governor Asaad Al-Eidani has welcomed the arrival of the first aircraft operated by Basra Airlines, named the "Shatt al-Arab", marking what he described as a milestone for the city's growing aviation sector. Founded in 2023 by Chairman and CEO Mr. Moffak Sabir Hamad, Basra Airlines aims to position itself as a modern […]
PM Opens New Water Project in Baghdad
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has opened the Al-Zuhour [Zuhur] Central Water Project serving the Al-Husseiniya and Al-Intisar districts in northern Baghdad, with a capacity of 10,000 cubic metres per hour. The project, which had been stalled since 2012, was completed using modern international standards and includes treatment and pumping stations, […]
Jordanian firm to supply MIS to Iraqi Company for Bank Guarantees (ICBG)
By John Lee. Delta Informatics, based in the Jordanian capital Amman, has won a contract with the International Labour Organization (ILO) for, "Procurement of MIS for The Iraqi Company for Bank Guarantees (ICBG)" Description (RFP/28/2025/JOG/HQ): "The International Labour Organization (ILO) is seeking a qualified technology solution providers to propose a comprehensive, scalable, and secure Management […]
Stability of the Iraqi Dinar Exchange Rate: CBI Paper
By John Lee. The Central Bank of Iraq (CBI)'s Mosul branch, represented by Director General Dr Hussein Lazem, participated in the "Informatics, Digitalisation, and Their Impact on Sustainable Development" conference organised by the College of Administration and Economics at the University of Kirkuk. The event featured several research papers and studies, including two submitted by […]
Iraq and Euler Hermes Discuss Support for German Investment
By John Lee. The Administrative Deputy Minister of Trade, Sattar Al-Jabri, met representatives of Euler Hermes, the German export credit agency, to discuss ways to support and encourage German investment in Iraq. The meeting was held at the Iraqi Embassy in Berlin on the sidelines of the Iraq Economic Conference, in the presence of the […]
ADNOC Discusses Opportunities in Iraqi Oil and Gas
By John Lee. The Ministry of Oil has received a delegation from the UAE's ADNOC, headed by Mr. Nasser Mohammed Al Ameri, Executive Vice President for Business Management, Gas Processing, Refining, and Petrochemicals. Discussions focused on strengthening cooperation and exploring investment opportunities in Iraq's oil and gas sector. The Undersecretary highlighted Iraq's attractive investment environment, […]
Baghdad hosts Iraq's First Transport, Airports and Logistics Exhibition
By John Lee. The Baghdad International Fairground will host the inaugural Iraq International Transport, Airports, and Logistics Exhibition (ITLEXPO 2025) from 15-17 October 2025. According to a statement from the Ministry of Trade's media office, quoting Dr Mustafa Al-Ani, Director General of the General Company for Iraqi Fairs and Commercial Services, the event - held […]
Chwarbarda wins Contract for Housing in Sinjar
By John Lee. Chwarbarda Company for General Contracting has won a contract with the United Nations Office for Project Services (UNOPS) for "Rehabilitation of 35 Category III WDSs in Sinjar, Iraq (LIRA III)." The contract value was stated as $373,360. (Source: UNGM)
Turkey "Drops Ban" on Flights to Sulaimaniyah
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. After two years, Turkey drops ban on flights to Sulaimaniyah Turkey is moving to end a two-year ban on the use of its airspace for flights to and from Sulaimaniyah in Iraqi Kurdistan. […]
Iraq Calls US Sanctions 'Regrettable,' Forms Cmte to Review Measures
By John Lee. An Iraqi government spokesman has said Iraq views recent US sanctions against Iraqi enities, including the Muhandis General Company [Sharakat al-Muhandis al-Amma], as "deeply regrettable," describing it as a unilateral action that contradicts the spirit of friendship and mutual respect between the two countries. Basim Alawadi added that the Prime Minister has […]
PM Launches $500m Pharma City Project in Baghdad
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has laid the foundation stone for the Medical Health City project in southern Baghdad, covering an area of 120,000 m². The launch ceremony was attended by the Minister of Health and representatives of international pharmaceutical companies. The project includes five pharmaceutical factories with a total investment […]