Saudi Contractors Explore Investment Opportunities in Nineveh
By John Lee. The Governor of Nineveh, Abdul Qader al-Dakhil, has received Mohammed bin Abdulaziz Al-Ajlan, Chairman of the Saudi Contractors Authority, along with a delegation of Saudi businessmen. The meeting focused on enhancing cooperation between Iraq and Saudi Arabia in areas of mutual interest. Governor al-Dakhil described the visit as a significant step towards […]
Iraq Opens Central Gas Processing Facility at Block 9
By John Lee. The Ministry of Oil has inaugurated the Central Gas Processing Facility at the Al-Faihaa [Fayhaa, Block 9] oil field in Basra, with a capacity of 130 million standard cubic feet per day (MMSCFD). The launch was conducted via video link by Prime Minister Mohammed Shia Al-Sudani, in the presence of Deputy Prime […]
Update on Internal Displacement in Iraq
By John Lee. The International Organization for Migration (IOM) and the UN High Commissioner for Refugees (UNHCR) have published an update on internal displacement in Iraq. Overview 1,031,475 IDPs remain displaced in Iraq. This includes 104,617 people living in the 20 IDP camps, located in the Kurdistan Region of Iraq (KRI). Of this population, 19,432 […]
Construction Starts at 1,000 MW Solar Power Project in Basra
By John Lee. The Iraqi Prime Minister has laid the foundation stone for the Shams Al-Basra solar power station, a landmark renewable energy project in Basra with a total generation capacity of 1,000 megawatts. Speaking at the inauguration, Mohammed Shia Al-Sudani highlighted the strategic importance of the project in supporting Iraq's power generation capacity and […]
RTB Launches Low-Interest Solar Panel Loan Scheme
By John Lee. Erbil-based Region Trade Bank (RTB) has launched a new low-interest loan programme aimed at supporting the installation of solar panels for residential and commercial customers across Iraq. The initiative aligns with the Iraqi government's national decarbonisation strategy and is funded through the Central Bank of Iraq (CBI). The loan scheme offers financing between […]
US Firm in Cybersecurity Partnership to Boost Iraq's Digital Defences
By John Lee. Resecurity, a US-based provider of threat intelligence and cybersecurity, has signed a strategic Memorandum of Understanding (MoU) with Iraq's national Cyber Events Response Team (IQ-CERT), in coordination with ICS Technologies, Resecurity's official distributor in Iraq. According to a press release, the agreement is designed to strengthen Iraq's national cyber defence infrastructure and […]
Denmark Supporting De-Mining in Iraq
UNMAS welcomes a new contribution from the Government of Denmark in support of the Iraqi mine action sector The United Nations Mine Action Service (UNMAS) in Iraq welcomes a generous contribution of DKK 22,000,000 (approximately US$ 3,4 million) from the Government of Denmark. This funding will support mine action efforts assisting the Government of Iraq […]
Drone Offensive hits Kurdish Oil Production
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Drone offensive in Iraq hits Kurdish oil production, testing boundaries A wave of drone strikes in Iraq in recent weeks has targeted critical infrastructure, mainly in the Kurdistan region. The attacks have sharpened […]
Work Starts at Major Seawater Desalination Project in Basra
By John Lee. The Prime Minister's Office has laid the foundation stone for Iraq's largest seawater desalination project, located near the Grand Faw Port in Basra, with a total capacity of 1 million cubic metres per day. Speaking at the launch, Prime Minister Mohammed Shia Al-Sudani described the project as a long-term and fundamental solution […]
Will Iraq recover Billions in 'Vanished Assets' Abroad?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraq recover billions in 'vanished assets' abroad? The Iraqi parliament's foreign relations committee in June launched an ambitious initiative to reclaim billions of dollars in state assets believed to be scattered across […]
Bulgaria Approves Agricultural MoU with Iraq
By John Lee. The Bulgarian government has reportedly approved a Memorandum of Understanding (MoU) between Bulgaria's Ministry of Agriculture and Food and Iraq's Ministry of Agriculture. According to the Bulgarian News Agency (BTA), the agreement, signed during the official visit of Iraqi Agriculture Minister Abbas Jabir Al-Maliki to Sofia, aims to deepen bilateral cooperation in […]
UNHCR issues Recommendations on Refugee Education in Iraq
By John Lee. The UN High Commissioner for Refugees (UNHCR) have published the key finding of an impact assessment of its Refugee Education Integration Policy (REIP) in Iraq. It concludes: The progressive decrease in funding over recent years - continuing into 2025 - poses a challenge for humanitarian organizations to continue to substantially support the REIP […]