Uptime Institute Names T964 as Business Partner in Iraq
By John Lee. A strategic partnership to advance data centre standards and digital infrastructure in Iraq has been announced by US-based Uptime Institute and Iraq's T964 [Tech 964]. The agreement appoints T964 as Uptime Institute's business partner in Iraq, with a focus on data centre standards, professional capacity building, and operational excellence. The partnership was […]
$2m Found at Home of Former Official
By John Lee. IQD 2.5 billion (USD 1.9 million) in cash has been found at the home of a former head of the accounts department in Salahadin Governorate, who is currently detained pending investigation. Six properties registered in the name of his wife were also identified at investment compounds. According to the Federal Commission of […]
Registration is Open for ICF "In Their Shoes" 5K
The Iraqi Children Foundation (ICF) has issued a reminder that registration is now open for its "In Their Shoes" 5K. Whether you join us in person at beautiful Burke Lake Park in Fairfax, VA on Saturday, August 29, or participate virtually from anywhere in the world, every step you take helps raise vital funds that […]
TPAO Acquires 15% Stake in Kirkuk Field from BP
By John Lee. Türkiye Petrolleri Anonim Ortaklığı (TPAO) is to acquire a 15% interest in BP Energy Company of Kirkuk Limited (BP ECKL), the vehicle through which BP is supporting the redevelopment of major oil and gas fields in the Kirkuk region of northern Iraq. According to BP, the agreement builds on a strategic cooperation […]
Iraq and Turkey Agree to Launch Development Road Project
By John Lee. Iraq and Turkey have agreed to begin work on the Development Road project, with several contracts signed covering energy, transport, education, and water during a visit to Ankara by Prime Minister Ali al-Zaidi. According to the Prime Minister's Office, Ali al-Zaidi made the announcement at a joint press conference with Turkish President […]
Iraq and Turkey Sign Three Cooperation Agreements
By John Lee. Iraq and Turkey have signed three memoranda of understanding (MoUs) in Ankara, covering industrial property, police training, and youth and sports cooperation. According to the Iraqi Prime Minister's Office, the signing was witnessed by Prime Minister Ali al-Zaidi and Turkish President Recep Tayyip Erdoğan. The agreements are: An MoU on industrial property […]
Zain Mart and Switch in Digital Payment Partnership
By John Lee. Zain Mart, the e-commerce platform of Zain Iraq, has formed a partnership with Switch, a financial solutions company, to offer instalment payment plans to eligible banking customers. Under the agreement, Switch cardholders whose salaries are domiciled with Rasheed Bank and National Bank of Iraq (NBI) will be able to purchase products on […]
ConocoPhillips-Led Consortium to Explore Akkas Gas Field
By John Lee. The Iraqi Minister of Oil has been authorised to sign a memoranda of understanding (MoU) with a consortium comprising US-based companies ConocoPhillips, TI Capital and Novaterra Energy. Cabinet approved the agreement, which involves assessing the exploration and development potential at the Akkas gas field (pictured) in western Iraq, and surrounding areas. Earlier […]
Iraqi-German Business Ties on Agenda as PM Meets Ambassador
By John Lee. Iraqi Prime Minister Ali al-Zaidi has received Germany's Ambassador to Iraq, Daniel Krebber, for talks on bilateral relations and economic cooperation. According to the Prime Minister's Office, discussions covered ways to strengthen cooperation across various sectors, as well as regional and international developments. Al-Zaidi highlighted the government's programme of economic, financial, and […]
Data Centre Partnership for Nineveh's Digital Infrastructure
By John Lee. A memorandum of understanding (MOU) has been signed between the Uptime Institute and the Governorate of Nineveh to advance the region's digital infrastructure and support Iraq's national digital agenda. According to a press release published by Business Wire, the agreement was signed on 17th July at the U.S.-Iraq Business Summit, held at […]
Iraq-Jordan Trade Ties Under Discussion in Baghdad
By John Lee. Iraq's Minister of Trade, Mustafa Nizar Jumaa, met on Sunday with the Jordanian Ambassador to Iraq, Dr Maher Salem Al-Tarawna, to discuss ways to strengthen economic and trade cooperation between the two countries. According to Iraq's Ministry of Trade, the meeting included discussion of convening the Iraqi-Jordanian Economic and Trade Committee in […]
$21m Seized in Iraq Oil Corruption Case
By John Lee. Iraqi authorities have seized IQD 27 billion ($20.6 million) in connection with a corruption case involving a detained senior official at the Ministry of Oil. According to the Supreme Judicial Council (SJC), the funds were found hidden with a number of individuals linked to the case. The investigating judge at the Central […]