Iraqi Lawmakers vote to recognise New Governorate
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi lawmakers vote to recognize new governorate Iraq's Council of Representatives has voted to make Halabja the country's 19th governorate. The full article can be viewed here.
Oliver Wyman, BTP consult on Development Road Project
By John Lee. Iraq's Minister of Transport, Razzaq Muhaibas Al-Saadawi, chaired a meeting on Wednesday at the headquarters of the General Company for Iraqi Railways with representatives from Oliver Wyman, the consultancy firm providing financial advisory services for the Development Road Project. The meeting, attended by Dr. Maki Jabir Nasser, Director-General of the Iraqi Railways, […]
New Business: Youth tackle Food Waste in Iraq
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Fresh solutions: youth tackle tomato waste in Iraq When Zaid, a veterinarian and university lecturer, decided to enter a hackathon to dream up innovations in agriculture, he turned to […]
Industrial Coordination Council to Boost National Industry
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting of the Industrial Coordination Council on Sunday to discuss strategies for advancing Iraq's national industry and to follow up on decisions from previous meetings. The discussion included key measures to address obstacles and improve coordination between the federal government and the Kurdistan Regional Government […]
Iraq Approves New Customs Duties
By John Lee. Iraq's Council of Ministers has approved a series of preventive trade measures aimed at protecting domestic industries. These include the imposition of a 60% additional customs duty on imported transparent containers and single-use plastic cups from all countries, which will be in place for four years. The market will be monitored throughout […]
Counterfeit Iraqi Dinars: Suspect Arrested
By John Lee. Iraq's Ministry of Interior has announced that the Anti-Organized Crime Unit in Najaf Governorate successfully apprehended a suspect involved in the trade and circulation of counterfeit currency. According to a statement from the Ministry, the arrest followed intensive intelligence gathering and continuous monitoring, and was carried out based on precise information. The […]
Iraq and Iran Strengthen Energy Cooperation
By John Lee. Minister of Oil, Hayan Abdul Ghani, met with Iranian Minister of Oil, Mr. Mohsen Bakhtiar, on Monday to discuss strengthening bilateral cooperation between Iraq and Iran. During the meeting, both sides discussed mechanisms for collaboration across various sectors, resulting in the signing of memorandums of understanding (MoUs) and agreements in areas such […]
ICRC Iraq: Facts and Figures 2024
By John Lee. The International Committee of the Red Cross (ICRC) has published its "Facts and Figures 2o24" report. Click here to download the full report in English. Click here to download the full report in Arabic. Click here to download the full report in Kurdish. To browse our comprehensive library of reports on Iraq, […]
Iraq Signs Contract for Third Offshore Pipeline Project
By John Lee. Iraq has signed a contract for the construction of its third offshore pipeline to enhance the stability and flexibility of crude oil exports from its southern ports. The project, which is being executed by a consortium of Italian company Micoperi and Turkish company Esta, is designed to handle 2.4 million barrels per […]
US Firm Proposes Major Healthcare Investment in Baghdad
By John Lee. American Global Medical Services (AGMS) is set to expand its footprint in Iraq, following a meeting between CEO Dr. Aizen J. Marrogi and Prime Minister Mohammed S. Al-Sudani on Monday. The company has proposed establishing a comprehensive medical city in Baghdad, which would include a 200-bed cancer hospital, a pharmaceutical manufacturing facility, […]
Chinese Firms respond to Iraq's 7m bpd Oil Goal
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. Iraq's 7 Million bpd Oil Production Goal Draws Swift Response from Chinese Firms The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target […]
US Congress Delegation visits Iraqi PM
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani welcomed a delegation from the U.S. Congress on Sunday to discuss strengthening bilateral relations and advancing cooperation across various sectors. The meeting included U.S. Representatives Michael Baumgartner (R), Adam Smith (D), George Whitesides (D), Wesley Bell (D), and Sara Jacobs (D). Prime Minister Al-Sudani reiterated Iraq's […]