Plans for River Taxi Service in Baghdad
By John Lee. The Administrative Undersecretary of Iraq's Ministry of Transport, Dr. Hazem Radi Al-Hafathi, led a meeting to discuss the activation of a river taxi service in Baghdad. According to a statement from the Ministry, the project aims to establish 22 docking sites along the Tigris River, improving river transport and alleviating traffic congestion […]
Iraq PM opens Baghdad Paediatric Hospital
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani inaugurated the second phase of renovations at Baghdad's Central Teaching Hospital of Paediatrics, marking what his office described as a significant step in the government's healthcare modernization efforts. The upgraded facilities include revamped surgery and hematology departments, four new operating rooms, advanced radiology and CT/MRI units, […]
EXIM Bank approves $297m for Energy Project in Iraq
By John Lee. The Export-Import Bank of the United States (EXIM) has approved a $297 million final commitment in support of an energy efficiency project in Iraq. The project will increase the availability and reliability of electricity in Iraq by generating power through waste heat. Florida-based Stellar Energy Americas, Inc. will provide engineering, procurement, construction […]
Iraq to pay Pakistan Petroleum $6m in Settlement
By John Lee. Pakistan Petroleum Limited (PPL) has announced that its subsidiary, PPL Asia E&P B.V. (PPL Asia), has reached what it describes as "a mutually favourable settlement" with Iraq's state-owned Middle Oil Company, successfully concluding all matters relating to the Exploration, Development, and Production Service Contract (EDPSC) for Block-8 in in the Diyala and […]
Iraq Moves Forward with 5G Mobile Licence Project
By John Lee. Iraq's Minister of Communications, Dr. Hayam Al-Yasiri, announced progress on implementing the national 5G mobile license project. During a meeting with the project's steering committee, the ministry reaffirmed its commitment to advancing the project despite regional security challenges. The initiative, approved by the Cabinet, grants the Ministry of Communications the authority to […]
PM Pushes for Financial Reform, Actions Against Speculators
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on Monday focused on comprehensive reforms for Iraq's financial and banking sector, attended by key figures including the Minister of Finance and the Governor of the Central Bank of Iraq (CBI). Al-Sudani stressed the need for stricter oversight of financial transfers and actions […]
Eight New Public Transport Routes in Baghdad
By John Lee. The Iraqi Ministry of Transport has introduced eight new public transport routes in Baghdad, aimed at serving students at Al-Bayan University. The initiative, launched by Minister Razzaq Muhaibis Al-Saadawi, aligns with the start of the academic year and includes routes covering key areas of the capital. Line 1 (Adan Square - Al-Bayan […]
Iraq introduces new Euro-Based Transfer Mechanism
By John Lee. The Governor of the Central Bank of Iraq (CBI), Ali Mohsen Al-Alaq, met with Turkish Ambassador Anil Bora Inan and representatives of Turkish banks operating in Iraq to discuss a newly implemented financial transfer mechanism. The new system, which operates in euros and is executed through Turkish banks, aims to streamline and […]
Iraq to Regulate Postal Delivery Services
By John Lee. Iraq's Minister of Communications, Dr. Hayam Al-Yasiri, led a workshop on Sunday focused on drafting guidelines to regulate delivery companies, in collaboration with the Competition and Anti-Monopoly Council. According to a statement from the Ministry, the initiative aims to prevent monopolies and introduce fair competition in service sectors. Al-Yasiri emphasized improving Iraqi […]
$3m Peace and Stability Project for Sinjar
By John Lee. Iraq and the United Nations signed an agreement for a $3 million peace and stability project in Sinjar, sponsored by the Iraqi Ministry of Planning and funded by the UN. The initiative, implemented by three UN agencies-UN Development Programme (UNDP), the International Organization for Migration (IOM), and UN Women-aims to support Sinjar's […]
Iraqi PM Welcomes Reopening of Swiss Embassy after 33 Years
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani met with newly appointed Swiss Ambassador Daniel Hunn on Saturday, celebrating the reopening of Switzerland's embassy in Baghdad after a 33-year closure. Al-Sudani called the move a significant milestone in Iraq-Swiss relations and urged for the activation of joint committees to boost bilateral cooperation. Both sides […]
Iraqi PM courts US Investment in Oil
By John Lee. The Iraqi Prime Minister has expressed a willingness to partner with American firms to develop the country's oil and gas resources. Speaking to Al Monitor, Mohammed Shia al-Sudani acknowledged that some US companies have said the terms of potential contracts were not favorable, and he pledged to rectify the issue. Full report […]