Iraq's Development Road may link with China's Belt and Road
By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani met with Mr. Dai Houliang, Chairman of the Board of Directors of the China National Petroleum Corporation (CNPC), and an accompanying delegation. Al-Sudani affirmed Iraq's keenness to develop relations with China across various sectors, emphasizing that the presence of Chinese companies, including in the oil sector, […]
Iraq Hosts meeting on National Climate Investment Plan
By John Lee. Iraq's National Investment Commission (NIC) hosted the first technical meeting on the National Climate Investment Plan last week, in cooperation with the United Nations Development Programme (UNDP). Dr. Muna Al-Jabri, head of the technical team representing the NIC, affirmed that this meeting is a continuation of the plan's launch, which is part […]
IBBC hosts Iraq SME Conference
From the Iraq Britain Business Council (IBBC): IBBC hosted the sixth Iraqi SME conference at the Methodist Hall in Westminster. With over 40 companies visiting from Iraq and leaders of the chambers of commerce, the agenda was full and designed to meet their business and trading requirements from the UK. Baroness Nicholson opened the conference with […]
Winners announced in Agriculture Innovation Hackathon
By John Lee. The winners have been announced in the International Trade Centre (ITC)'s Agriculture Innovation Hackathon, held recently in Nineveh province. According to the organisers, Nineveh-based SMEs Nabu, BSF and Aero Plant stood out with their exceptional ideas for addressing the significant challenges of water scarcity and sustainable agriculture due to decreasing water levels […]
Iraq, Lebanon Discuss Fiber Optic Cable Project
By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makiyya, has met with the Lebanese Prime Minister, Mr. Najib Mikati. They discussed extending a fiber optic cable project from Iraq through Syria and Lebanon, emphasizing the importance of integration in vital and strategic projects among regional countries. Makiya stated that […]
Iraq Increases Import Tariffs on Steel
By John Lee. Iraq's Council of Ministers (Cabinet) has imposed n additional 20 percent customs duty on imported steel rebar (10-32 mm) from all sources. The new rate is effective for four years starting October 3, 2024, and applies to tariff code 72142000. The Ministry of Industry and Minerals will monitor import increases compared to […]
Major New Gasoline Production Unit at Basra Refinery
By John Lee. Prime Minister Mohammed Shia' Al-Sudani has inaugurated the new Isomerization Unit at Basra Refinery. The unit has a capacity of 11,000 barrels per day (bpd) to produce premium gasoline. The project will increase the production of premium gasoline by 1,300 cubic meters per day (1.3 million liters per day), reducing imports by […]
Iraq Opens Major Gas Processing Plant at Halfaya
By John Lee. Iraq's Prime Minister Mohammed Shia' Al-Sudani inaugurated a major gas processing project in the Halfaya oilfield in Maysan governorate, with a capacity of 300 million standard cubic feet per day. Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayyan Abdul Ghani, stated that the commissioning of the Halfaya gas processing […]
Italian Govt Proposes New University in Baghdad
By John Lee. Iraqi President Dr. Abdul Latif Jamal Rashid received the Italian Ambassador to Iraq, Mr. Maurizio Greganti, accompanied by Italian Member of Parliament Mr. Mauro del Barba, at Baghdad Palace on Monday. At the outset, President Rashid praised the strong relations between Iraq and Italy in various political, economic, cultural, and environmental fields, […]
Increased Passenger Numbers at Erbil Int'l Airport
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Ambassador to China announces major educational, trade initiatives Passenger numbers at Erbil International Airport (EIA) increased by 23 percent in 2023, according to Director Ahmed Hoshyar. Click here to read the full article.
Detailed Study of Land Use in Iraqi Kurdistan
By John Lee. A new study has provided a comprehensive Land Use and Land Cover (LULC) classification for the Kurdistan Region of Iraq based on remote sensing data. The study area covered a total area of 46465.1 km2. The results of the study show that the dominant LULC classes in Kurdistan Region are: grassland (13354,%28.7 […]
Insights into Iraqi Aquaculture
By Yomna Elshamy, for The Fish Site. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Insights into Iraqi aquaculture Despite the turbulent events that Iraq has witnessed over the past decades, there is still some hope for the country's tiny aquaculture sector, according to […]