Iran-Iraq Trade Can Grow to $30bn: Official
From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The chairman of the Iran-Iraq Joint Chamber of Commerce said that Iran and Iraq enjoy the capacity to boost annual bilateral trade to $30 billion. Yahya Al-e Es'hagh made […]
Can Iraq Finally Become a Petrochemicals Powerhouse?
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq Finally Become A Global Petrochemicals Powerhouse? With its vast oil and gas resources, there is no fundamental reason why Iraq cannot become a world-class producer of high-value petrochemicals. […]
UNICEF Awards New Contract in Iraq
By John Lee. The United Nations Children's Fund (UNICEF) has awarded Sharin company Ltd. a contract for, "Proposed water interventions in Dokan." The contract value is $283,000. (Source: UNGM)
Calls for Preferential Trade Agreement between Iraq and Iran
From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The secretary general of the Iran-Iraq Joint Chamber of Commerce stressed the need to launch a Preferential Trade Agreement (PTA) between the two countries in line with boosting trade […]
Oracle Pitches for Iraqi Contracts
By John Lee. On September 19, the National Data Center held a meeting at the General Secretariat of the Council of Ministers to discuss the Human Resources and Payroll Management System with the global company Oracle. The meeting was chaired by Dr. Diaa Awad, the head of the Central Statistical Organization (CSO), and attended by […]
Iraqi Brick Production expected to Increase
By John Lee. Iraq's Minister of Industry and Minerals, Dr. Engineer Khaled Batal Al-Najm, conducted a field visit to the Nahrwan Industrial Complex, under the General Directorate of Industrial Development, marking a significant step towards assessing the state of brick factories within the complex and identifying obstacles hindering their operations. During the visit, the minister […]
GCC Criticises Iraq Ruling on Khor Abdullah
By John Lee. The Gulf Cooperation Council (GCC) has called on Iraq to address what it says are the, "negative effects of developments over the Khor Abdullah maritime agreement." Their statement follows a declaration from the Iraqi Federal Supreme Court that the law approving the agreement between the Iraq and Kuwait on the regulation of […]
UNDP signs Agreement with Iraqi University
The United Nations Development Programme (UNDP) and the American University of Iraq-Baghdad (AUIB) signed a Memorandum of Understanding (MoU), solidifying their joint commitment to fight corruption, promote integrity, enhance knowledge on arbitration law, and crucially, to promote innovation and youth employment, boost the renewable energies sector, foster environmental sustainability, and mitigate climate change. Addressing these […]
Laith Al Shaher joins the IBBC Advisory Council
From the Iraq Britain Business Council (IBBC): IBBC is delighted to announce that Mr. Laith Abdul Hussein Al-Shaher, immediate former Deputy Minister for Distribution Affairs at the Iraqi Ministry of Oil has joined the IBBC Advisory Council. Mr. AL Shaher was the lead negotiator with IOCs working in Iraq with regard to oil contracts and […]
Iraqi Dep PM discusses Gas-to-Energy Projects with GE
By John Lee. During a meeting with a delegation from General Electric Energy, Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil expressed the government's commitment to supporting fast-track energy solutions for harnessing associated gas and converting it into useful energy. This collaboration with reputable international companies is part of the ministry's initiatives. […]
New Oil Well Drilled at Zubair
By John Lee. In Iraq's Zubair oil field, technical and engineering teams from the Iraqi Drilling Company (IDC) have successfully completed the drilling of a new oil well, Zubair/563, reaching a depth of 3538 meters. This achievement is part of a contract signed with the Italian company ENI to drill 37 oil wells in the […]
Militia State or Transport Hub: Iraq Can't be Both
By Baria Alamuddin, for Arab News. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Militia state or transport hub: Iraq can't be both The unveiling of a bounty of megaprojects should be Baghdad's moment of decision: Does it want to perpetuate its isolation […]