Al-Monitor on Iran-Iraq Security Deal
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. Iran, Iraq sign security deal boosting border cooperation The deal follows the Islamic Republic escalating its attacks on Kurdish groups in Iraq amid the ongoing protests in Iran. Click […]
KRG Oil Revenues "to be under Baghdad Supervision"
By John Lee. An advisor to the Iraqi Prime Minister has said that the Kurdistan Regional Government's oil revenues will now be placed in an account controlled by the federal government in Baghdad. Husham Hamad added that the agreement was reached through what he called the "high understanding and keenness of the federal government and […]
Iran, Iraq to launch 3 Joint Industrial Towns
The Iranian Minister of Economic Affairs and Finance said three joint industrial towns between Iran and Iraq will be launched in the border areas in the Iraqi provinces of Maysan (Missan), Basra and Wasit. Seyed Ehsan Khandouzi (pictured) made the remarks on the sidelines of the unveiling ceremony of "Factoring System of Private Contracts", held […]
NIC Boss discusses Saudi Projects in Iraq
By John Lee. Sultan bin Abdulrahman Al-Murshed, CEO of the Saudi Fund for Development (SFD) welcomed an Iraqi delegation led by the Chairman of the National Investment Commission (NIC), Dr. Haider Muhammad Makiya in Riyadh on Sunday. The delegation comprised officials from various Iraqi ministries including Foreign Affairs, Finance, Agriculture, Oil, and Electricity, as well […]
Iraq, Iran sign Agreement on Security Cooperation
Iran and Iraq on Sunday signed a bilateral agreement on security cooperation. The agreement was signed by Secretary of Iran's Supreme National Security Council Ali Shamkhani and Iraq's National Security Adviser Qasim al-Araji in Baghdad at a meeting attended by Iraqi Prime Minister Mohammed Shia' Al Sudani. Accompanied by the governor of the Central Bank […]
Establishment Parties push for Contentious Electoral Reform
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Establishment parties in Iraq push to pass contentious electoral reform Iraq's parliament is close to passing a new electoral law seemingly geared to favor established parties over independents and political newcomers. The full […]
Minorities Protest Baghdad's Alcohol Ban as Unconstitutional
By Ali Mamouri for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. 'Iraq is not an Islamic country': Minorities protest Baghdad's alcohol ban as unconstitutional The Iraqi government's renewed effort to prohibit alcohol is not only worrisome for Christian and Yazidi […]
Amnesty: Iraqi Govt must Act on Human Rights
By Amnesty International. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: Government must match rhetoric on human rights with meaningful action The new government of Iraqi Prime Minister Mohammed Shia' al-Sudani must break with the failures of past governments related to justice, truth […]
UN's Guterres: Window of Opportunity to Achieve Progress in Iraq
The following is the text of UN Secretary-General António Guterres' video message to the Sulaimani Forum on Wednesday: I am pleased to greet the Sulaimani Forum, and thank you for advancing dialogue on the complex challenges facing Iraq and the broader Middle East region. We all recognize that these challenges did not arise overnight. They […]
Genel Energy issues Update on Oil Reserves
By John Lee. Genel Energy has issued an update on Thursday on the oil reserves across its portfolio. Working interest oil reserves (MMbbls) 1P 2P 3P 31 December 2021 62.6 104.2 136.6 Production (11.0) (11.0) (11.0) Technical revisions 17.3 (1.0) - 31 December 2022 68.9 92.2 125.6 International petroleum consultants DeGolyer and MacNaughton, working on […]
New Samawah Gas Depot Opened
By John Lee. The Samawah gas depot project in Al-Muthanna Governorate has been opened by Iraq's Minister of Oil, Hayan Abdul-Ghani. The project uses modern technology to provide a large part of the consumption and storage needs for liquid gas in the governorate. Anmar Ali Hussein, General Manager of the Gas Filling and Services Company, […]
Progress on Lifting EU Ban on Iraqi Airways
By John Lee. A meeting has been held in Dubai with a delegation from the European Aviation Safety Agency (EASA) and the Iraqi Civil Aviation Authority (ICAA) to discuss the procedures for lifting the European ban on Iraqi Airways. The Director General of Iraqi Airways stated that they have made important strides in completing the […]