Competition over Kirkuk: Internal Conflicts and Regional Rivalries
By Mohanad Faris for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Competition over Kirkuk: Between Internal Conflicts and Regional Rivalries Kirkuk's future remains uncertain due to the lack of any consensus-based projects between the governorate's political […]
Iraq Boosts Gas Export Capacity with New Terminal
By John Lee. Iraq's Ministry of Oil has announced the opening of a second terminal for the export of liquid gas and condensates at Umm Qasr Port in Basra. The new facility, inaugurated by Deputy Minister for Gas Affairs, Izzat Saber Ismail, will enhance export flexibility, increasing current monthly export capacity from 50 tons to […]
Development Road Project: Plan for Land Acquisition
By John Lee. Prime Minister Mohammed Shia Al-Sudani has chaired a meeting of the High Committee for the Development Road Project. The session focused on reviewing the latest developments and progress in this strategic project, which includes key components such as energy, gas, electricity, and internet infrastructure. Updates included the completion of preliminary designs for […]
Roche to help Digital Transformation of Iraqi Healthcare
By John Lee. The Iraqi Ministry of Health has renewed its strategic partnership with Swiss pharmaceutical company Roche, as part of ongoing efforts to enhance healthcare services in Iraq. This renewal follows a year of fruitful collaboration that has seen the launch of several ambitious projects aimed at improving the quality of healthcare and expanding […]
New Jordanian Ambassador to Iraq
By John Lee. Iraqi Foreign Minister Fuad Hussein received a copy of the credentials of the new Jordanian Ambassador, Maher Tarawneh, on Sunday. The Minister emphasised that the relations between Iraq and Jordan are historical and solid and extend beyond diplomatic ties to include common geographical ties. He also underlined the importance of enhancing economic […]
Switzerland Reopens Embassy in Iraq: "Promising Prospects for Swiss Businesses"
By John Lee. Switzerland has reopened its embassy in Baghdad, 33 years after closing it during the 1991 Gulf War. The reopening aims to strengthen bilateral relations and enhance cooperation in economic, security, and migration matters. In a statement, the Swiss Federal Department of Foreign Affairs (FDFA) said: "The new embassy will work to strengthen […]
Iraq Maintains Stable Credit Rating
By John Lee. Standard & Poor's (S&P) has affirmed Iraq's credit rating at B-/B with a stable outlook. According to Iraq's Ministry of Finance, the report highlights Iraq's financial and economic stability, driven by ongoing economic and fiscal reforms implemented by the Ministry. It adds that the stable rating reflects Iraq's strong foreign currency reserves, […]
Int'l Pharma and Healthcare Companies target Iraq
By John Lee. An advisor to the Iraqi Prime Minister has reportedly said that international pharmaceutical and healthcare companies are keen to set up factories in Iraq. State-run Iraqi News Agency (INA) quotes Hammoudi Al-Lami as saying that UK-based AstraZeneca held a meeting a month ago with a view to entering the Iraqi market, "either […]
Iraq to Chair G77 at United Nations
Iraq has been elected to chair the Group of 77 and China (G77) at the United Nations for the year 2025, following a meeting of the Asia-Pacific Group held to discuss Iraq's candidacy for this position. Iraq's Chargé d'Affaires to the United Nations in New York Dr. Abbas Kadhom Obaid, delivered a speech in which […]
Egyptian Firm plans Projects and Investments in Iraq
By John Lee. Egypt's Talaat Moustafa Group (TMG) has informed the Egyptian Stock Exchange that it has started "the necessary legal and technical procedures" to begin projects and investments in Iraq. In July, company Chairman Hisham Talaat Moustafa was part of a delegation of Egyptian, Saudi, and Iraqi business leaders meeting with Iraqi Prime Minister […]
Iraq "told to pay $120m" in dispute over Breakwater
By Tariq Tahir for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq told to pay $120m to construction company in dispute over Al Faw breakwater The Iraqi government and its ports operator, the General Company for Ports of Iraq (GCPI), […]
SAP Discusses Iraq Digital Transformation Roadmap
By John Lee. Iraq's Prime Minister, Mohammed Shia Al-Sudani, met with representatives from the German software firm SAP to discuss the company's proposed roadmap for Iraq's digital transformation. Al-Sudani emphasized the government's commitment to advancing digitalization after decades of isolation due to wars and sanctions, which hindered Iraq's technological progress. He highlighted the formation of […]