UK gives $1.2m to Iraq to Combat People Smuggling
By John Lee. The UK government announced today that it is providing nearly £1 million [$1.2 million] in funding to Iraq to combat organized immigration crime and people smuggling gangs. This comes as part of a partnership with Iraq, particularly focused on the Kurdistan Region of Iraq (KRI), which was established four months ago. The […]
Iraq's Energy Plans: Turkey to Double Electricity Supply ...
By John Lee. Iraq's Minister of Electricity, Eng. Ziyad Ali Fadel, has addressed key energy issues in interviews with Al Arabiya and Al Hadath, outlining government efforts to secure power supply and mitigate potential summer shortages. Key points include: The halt of exemptions has affected 800 MW of electricity imports from Iran, impacting Diyala, Maysan, […]
Iraq Expands Auto Gas Fueling Network
By John Lee. As part of the government's national program, Iraq's Ministry of Oil has announced the opening of four new liquefied gas (LPG) fueling stations along the international highway connecting Baghdad to the southern provinces. The initiative is led by the General Company for Gas Filling and Services, aiming to expand gas-powered vehicle infrastructure […]
Five One Labs issues Annual Report
By John Lee. Iraq-focussed startup incubator Five One Labs has issued its annual report for 2024. In Iraq, it implemented the first of five years of incubation and acceleration programming through our partnership with Orange Corners and began exploring new themes from digital skills building to climate change. Click here to download the report. (Source: […]
Iraq Introduces Vertical Farming to Boost Agricultural Efficiency
By John Lee. Iraq's Ministry of Agriculture has announced plans to implement vertical farming as part of efforts to optimize land use and reduce reliance on chemical fertilizers. Deputy Agriculture Minister Mahdi Sahar told the state-run Iraqi News Agency (INA) that the technique involves growing crops in stacked layers, using hydroponics and aeroponics instead of […]
Iraq announces Oil Exports for February
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for February, but has again not disclosed the value of oil exports for the month. This continues the practice of delayed or missing oil export data from the Ministry. Total exports of crude oil: 95,148,167 barrels. Exports from the oil fields in […]
Japan to support Sulaymaniyah Museum
By John Lee. Iraq's Deputy Prime Minister and Foreign Minister, Fuad Hussein, met with Japan's Ambassador to Iraq, Akira Endo, at the Ministry's headquarters on 25th March to discuss strengthening bilateral relations. During the meeting, a Memorandum of Understanding (MoU) was signed for a Japanese grant project provided by Japan International Cooperation Agency (JICA), aimed […]
Iraq Prepares for US Business Delegation
By John Lee. Iraq's Ambassador to the United States, H.E. Nazar Al-Khairallah, met with Steve Lutes, Vice President of the U.S. Chamber of Commerce and President of the U.S.-Iraq Business Council, along with his deputies, to discuss logistical preparations for an upcoming U.S. business delegation visit to Iraq. The delegation will include representatives from over […]
APIKUR Rejects Iraq's Terms for Oil Exports
By John Lee. The Association of the Petroleum Industry of Kurdistan (APIKUR) has said its member companies will not resume crude oil exports via the Iraqi-Türkiye Pipeline (ITP) until the Government of Iraq (GOI) guarantees contract sanctity and payment for past and future exports. Full statement from APIKUR: Designated International Oil Companies (IOCs), along with […]
Iraq Advances Towards Operational Phase of Grand Faw Port
By John Lee. The management of the General Company for Ports of Iraq (GCPI) held an extensive meeting this week with representatives from the Ministry of Planning and consultancy firm KBR at the Ministry of Transport headquarters to discuss the transition to the operational phase of the Grand Faw Port. Dr. Farhan Al-Fartousi, Director General […]
New Shiite Armed Groups in Iraq "Draw Ridicule"
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Novel Shiite armed groups in Iraq draw ridicule, calls for crackdown A wave of new Shiite armed groups has emerged in Iraq in recent months, seemingly operating outside the formal structure of the […]
Iraq's Ambitious Tourism Plans: Impossible Dream Come True?
By Cathrin Schaer, for DW. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's ambitious tourism plans: Impossible dream come true? Iraq wants to diversify its economy away from oil and toward tourism. Although Western travelers have made headlines in once-dangerous Iraq of late, […]