Turkey shuts Airspace to Sulaimaniyah Flights
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey shuts its airspace to Sulaimaniyah flights citing Kurdish militants The move is likely retaliation against ties between Kurdish militants and the Iraqi Kurdish Patriotic Union Party (PUK). Click […]
Iraq "Determined to Construct Shalamcheh-Basra Railway"
Iraqi Transport Minister Razzaq Muhibis Al-Saadawi said his country is seriously determined to complete the construction operation of the Shalamcheh-Basra Railway, which had been stalled for years.# Speaking in his meeting with Iranian Minister of Roads and Urban Development Mehrdad Bazrpash in Tehran on Thursday, Al-Saadawi stated that the Iraqi government tries to consider the […]
Iraq's Story Isn't Over
By Akeel Abbas, an Iraqi academic and journalist, and Shayan Talabany, an analyst at the Tony Blair Institute for Global Change, for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Story Isn't Over The ideal vision for Iraq post-2003 did […]
Kadhimi, Arab-Iranian Dialogue and 'Witch-Hunt' in Iraq
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Kadhimi, Arab-Iranian dialogue and the 'witch-hunt' in Iraq Former Iraqi prime minister Mustafa Al-Kadhimi's recent trip to Iran came as a surprise to many Iraqis and Iranians. The trip triggered a […]
Saudi to Fund reconstruction of Baiji Power Station?
By John Lee. The Iraqi Minister of Electricity, Ziyad Ali Fadel, held a meeting this week with the Saudi Export Development Authority (SEDA). Among the items discussed was the reconstruction of Baiji thermal and gas stations Nos. 1 and 2, and the possibility that these will be financed by the Saudi Export Fund. (Source: Ministry […]
Japan gives $2.6m to Improve Food Security in Diyala
Japan provides US$2.6 million to improve food security for vulnerable communities in Diyala Supported by the Government of Japan, UNDP Iraq is implementing a new project for "Improving food availability for communities vulnerable to food insecurity in Diyala Governorate of Iraq." This project is aimed at supporting small-scale farmers and micro/home-based food businesses vulnerable to […]
The Rise and Fall of Kurdish Power in Iraq
By Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Rise and Fall of Kurdish Power in Iraq Despite thirty years of landmark achievements, the KRG's endless quest for economic independence has only entrenched […]
The Iraqi Budget, and the Stock Market's Next Move
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq Market Report: The Budget, and the Stock Market's Next Move The market, as measured by the Rabee Securities RSISX USD Index, was up 2.3% for the […]
Tenders Announced for 3 Oil Refining Opportunities in Iraq
By John Lee. Iraq's National Investment Commission (NIC) has announced the details of three investment opportunities in the oil refining sector. Please click on the links below for more information: Nasiriyah Refinery in Dhi Qar Governorate, with a capacity 150,000 bpd; Al-Kut Refinery in Wasit Governorate, with a capacity of 100,000 bpd; Samawah refinery in […]
Iraq's Lezzoo partners with Dukkantek
By John Lee. Dubai's cloud-based POS and retail management software company Dukkantek has announced a strategic partnership with Lezzoo, a Y Combinator-backed superapp based in Iraq. This collaboration aims to transform Iraq's food and beverage (F&B) supply chain by creating an end-to-end digital ecosystem for small-to-large retailers, enabling them to scale their operations and operate […]
Turkiye Closes Airspace to Flights to/from Sulaymaniyah
By John Lee. Turkiye's Ministry of Foreign Affairs has closed Turkish airspace to flights taking off or landing at Sulaymaniyah International Airport (pictured). In a statement, it says the move is a result of PKK activity in the area. The full text of the statement follows: Statement of the Spokesperson of the Ministry of Foreign […]
TotalEnergies Confirms Iraq Deal; QatarEnergy to Join Project
By John Lee. TotalEnergies has confirmed that it will proceed with the Gas Growth Integrated Project (GGIP) in Iraq. In a statement to the markets on Wednesday, it added that QatarEnergy to take a 25-percent stake in the project. Also, in agreement with Iraqi authorities, TotalEnergies will invite the Saudi company ACWA Power to join […]