War of Words Continues re KRG Oil Exports
By John Lee. The Iraqi Oil Ministry has responded to criticism from the trade body representing international oil companies (IOCs) operating in Iraqi Kurdistan, as they mark the one-year anniversary of the closure of the Iraq-Turkey Pipeline (ITP) connecting northern Iraq with the Mediterranean port of Ceyhan. Highlighting the economic cost of the pipeline closure, […]
Iraq to Buy 50 New Locomotives
By John Lee. Iraq's Ministry of Transport has said it will add 50 new locomotives to its rail fleet, in addition to repairing all existing locomotives and bringing them back into service. The maintenance and rehabilitation work will be carried out at facilities including Al-Shalchiya maintenance facility in Baghdad, Samawah (Middle Euphrates Railways), Beiji (Eastern […]
Korean Firm Advises Iraq on Agriculture
By John Lee. Dr. Abbas Jaber Al-Maliki, the Minister of Agriculture, has chaired a meeting with a delegation from the South Korean company KRE, led by Mr. Kweonk Suk Jan, to discuss smart farming techniques for tomatoes and rice, as well as advanced storage systems. The meeting was attended by Dr. Hussein Al-Wasiti, the Advisor […]
Digitising Land Administration Systems in Iraq
From UN-Habitat Iraq: Transitioning to E-land Governance in Iraq: UN-Habitat and the Ministry of Justice are collaborating on a new project to digitise land administration systems in Iraq In a significant move towards enhancing Iraq's long-term development and reform process, the Ministry of Justice, in collaboration with the United Nations Human Settlements Programme (UN-Habitat), announces […]
Why the Iraqi Ruling Elites pivot to China
By Sardar Aziz for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why the Iraqi ruling elites pivot to China Over the past 15 years, China has executed a strategy in Iraq that has been incredibly effective. By February 2024, Chinese firms […]
Oil Ministry Completes Rehabilitation of Gas Pipeline
By John Lee. Iraq's Ministry of Oil has announced that the Oil Pipelines Company has completed the first phase of rehabilitating the 12-inch dry gas pipeline from the East Baghdad field to Taji power station. Mr. Ali Abdul Kareem Al-Moussawi, the Director General of the Oil Pipelines Company, stated that the company's technical and engineering […]
Contracts for Rehabilitation of War-Damaged Shelters
By John Lee. Manaraat Al-Madina Company for General Contracts has won two contracts with the United Nations Office for Project Services (UNOPS): Rehabilitation of war damaged shelters in Qaim. The contract is valued at $303,160. Rehabilitation of war damaged shelters in Rummanah. The contract is valued at $398,415. (Source: UNGM)
Iraq girds to Revive Nuclear Energy Program
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq girds to revive long-abandoned nuclear energy program The Iraqi government has declared its intention to revive the country's long-abandoned nuclear energy program. The announcement by Prime Minister Muhammad Shia' Al-Sudani comes amid […]
Baghdad's Air Quality Near Worst in World
By John Lee. Iraqi has been ranked sixth worst in the 2023 World Air Quality Report. In its city rankings, Baghdad came in fifth worst place. The 2023 World Air Quality Report provides a global review of air quality data for the year 2023. The report summarizes PM2.5 air quality data from 7,812 cities spanning […]
Who is the fmr Iraqi Defense Minister arrested in Sweden?
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Who is Najah al-Shammari, former Iraqi defense minister arrested in Sweden? Shammari served in the Iraqi military under Saddam Hussein and following the 2003 US invasion, and was under […]
New Steel Plant and Airport for Diwaniyah
By John Lee. The Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, has chaired the sixth meeting of the Supreme Committee for Reconstruction and Investment this week, discussing service and residential investment opportunities in various governorates. At the meeting, approval was given for a request from the National Investment Commission (NIC) to establish an iron and steel […]
GKP Full Year Results
By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed the day down nearly four percent on Thursday, after it announced its results for the full year ended 31 December 2023. Jon Harris, Gulf Keystone's Chief Executive Officer, said: "Following a challenging year in 2023, in which our operational and financial performance was impacted […]