Iraq Launches 'Eduba' School Construction Project

By John Lee. Iraq's Prime Minister Mohammed Shia Al-Sudani launched the execution phase of multiple school construction projects in five provinces via video conference on Sunday, as part of Phase One of the Eduba Project, implemented through the private sector under the Iraq Development Fund. The first phase includes school construction in: Sabaa Qusour, Baghdad […]

Iraq's Central Bank meets with US Treasury, Federal Reserve

By John Lee. The Central Bank of Iraq (CBI) has concluded its first quarterly meetings of 2025 with the US Treasury Department and the Federal Reserve Bank, held in Dubai, UAE, with participation from international auditing and consulting firms EY (Ernst & Young), K2 Integrity (K2i), and Oliver Wyman. Key highlights from the meetings included: […]

CBI Issues Tender for Currency Counting and Sorting Machines

By John Lee. The Central Bank of Iraq (CBI) has announced General Tender No. (1/2025) for the supply, installation, and operation of 65 currency counting and sorting machines for its branches in Basra (35 units) and Mosul (30 units). The contract, with an estimated value of IQD 1.134 billion (approx. $865,000), will be financed from […]

Iraq, Russia Discuss Energy Cooperation

By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani Al-Sawad, met on Sunday with Russian Ambassador to Baghdad, Elbrus Kutrashev, and a delegation from Russia's OMK Group. Discussions focused on enhancing bilateral cooperation in the oil, gas, and energy sectors. According to its LinkedIn page, United Metallurgical Company (OMK) is one of Russia's largest […]

Iraq's Scorecard for Mobile Network Excellence

By John Lee. Opensignal has announced the launch of the Global Network Excellence Index, which it describes as a new benchmark that ranks markets around the world on the mobile network experience they provide. According to data from Opensignal: Among large land mass countries, Iraq ranks in 41st place for network excellence. This places it […]

IBBC Conference: Iraq Prioritises Gas Investment to Boost Growth

By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. He outlined Iraq's major achievements in the oil and gas sector, including: Adding 380,000 barrels per day to […]

Iraq Explores Industrial Partnerships with Czech Firms

By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani held meetings with representatives of Aero Vodochody, a Czech aircraft manufacturer, and UNIS, a company specializing in oil, gas processing, and petrochemical industries, during his official visit to the Czech Republic. Discussions centered on enhancing cooperation and establishing integrated partnerships with specialized international firms to strengthen […]

Gulfood 2025 Kicks Off Today, Setting New Benchmarks in Growth & Innovation

Gulfood 2025 30th Edition Kicks Off Today, Setting New Benchmarks in F&B Growth and Innovation H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, to give keynote address Global F&B CEOs, policymakers, investors, visionaries and academics unite across inaugural Food500 Summit to explore a new era of F&B leadership Milestone instalment brings 21-Michelin star […]

Ukrainian Energy Company meets with Iraq's Oil Minister

By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, received the Ukrainian Ambassador to Baghdad, Ivan Dovhanich, on Wednesday. The meeting was also attended by Deputy Head of the Diplomatic Mission, Sergiy Pushkarsky, Economic Affairs Representative Oleg Ishchenko, Director General of Ukrzemresurs, Maksym Mustafin, and the company's Iraq Director, Maksym Novikov. Discussions focused on […]