Japan's Sumitomo seeks business in Iraqi Kurdistan
By John Lee. The General Manager of Japan's Somitomo in Iraq, Mr Miyaki, met with the Minister of Municipalities and Tourism of the Kurdistan Regional Government (KRG), Sasan Auni, to discuss expanding coordination and joint projects in the Kurdistan Region. The meeting follows a previous visit by the Minister and a delegation to Japan where […]
Turkish Exports to Iraq Up 16.4%
By John Lee. Exports from Turkiye (Turkey) to Iraq reportedly increased by 16.4 percent in 2022. According to data issued by the Turkish Exporters Association (TIM), Turkiye sold goods and services valued at $10.4 billion to Iraq during the year, up from $9.0 billion the year before. Meanwhile, Turkish projects in Iraq were valued at […]
Iraq - Country Climate and Development Report
In Iraq, a multidimensional development and climate crisis is brewing. Iraq's oil-dependent development model, weakening human and institutional capacity, and its deep social divides and inequalities are ingredients of a "perfect storm" centering on a development-climate-fragility nexus. Climate change threatens the social contract in Iraq, which has already been eroded by elite capture, widespread clientelism, […]
Iraqi Passport Ranks near Bottom of the List
By John Lee. Iraqi passports have ranked second-last in an index of 109 passports. The Henley Passport Index is based on data from the International Air Transport Association (IATA) and shows Iraq in 108th place, just ahead of Afghanistan, and behind neighbours such as Syria and Iran. Japan topped the list, ahead of Singapore and […]
CBI Approves Sale of Bank of Baghdad
By John Lee. Kuwait's Burgan Bank has announced that the sale of its 51.8-percent share in Bank of Baghdad (BBOB) to Jordan Kuwait Bank (JKB) has been approved by the Central Bank of Iraq (CBI). The deal's completion is subject to the fulfilment of legal documentation and Iraqi Stock Exchange requirements. Burgan Bank is a […]
Genel Energy starts 2023 with "Strong Balance Sheet"
Genel Energy has issued the following trading and operations update in advance of the Company's full-year 2022 results, which are scheduled for release on 22 March 2023. The information contained herein has not been audited and may be subject to further review. Paul Weir (pictured), Chief Executive of Genel, said: "Genel starts 2023 with a […]
DNO update on Production and Sales
DNO ASA, the Norwegian oil and gas operator, will publish its Q4 and full-year 2022 operating and interim financial results on 9 February 2023 at 07:00 (CET). A videoconference call with executive management will follow at 11:00 (CET). The Company issues below an update on production and sales volumes for the quarter as well as […]
Siemens to provide more Electricity Generation to Iraq
By John Lee. Federal Government welcomes Germany's contribution to the sustainable development of Iraq's energy infrastructure The CEO of Siemens Energy AG, Dr. Christian Bruch, has signed a cooperation agreement with the Iraqi Minister of Electricity, Zayad Ali Alrzij [Ziyad Ali Fadel, Ziad Ali Fadhil Sudani], on the further electrification of Iraq. The agreement was […]
Increased Scrutiny of Land Allocation at Baghdad Airport
By John Lee. Prime Minister Muhammad Shia Al-Sudani has chaired a meeting to discuss the best use of lands surrounding Baghdad International Airport (BIAP). He ordered a ban on the granting or investment licenses and what was described as the "illegal disposal" of these lands, and stressed that any projects being implemented in this region […]
New Report on Iraqi Mobile Telecom Sector
From OpenSignal: Asiacell users have the fastest experience in Iraq Asiacell remains unbeaten in the average speeds seen by our Iraqi users. The operator wins Download Speed Experience and Upload Speed Experience for the third consecutive time, meaning no other Iraqi operator has won either award since we began reporting on the Iraqi mobile network […]
Russia offers Scholarships for Iraqi Kurdistan
The Ministry of Higher Education announces scholarships for bachelor's, master's and doctoral studies in Russia The Ministry of Higher Education and Scientific Research informs teachers, employees and citizens of the Kurdistan Region that the Federal Russia has offered 60 scholarships for bachelor's, master's and doctoral degrees for the academic year 2023-2024 for Kurdistan Region as […]
iQ Becomes First Official Partner of Tencent in Iraq
One of the greatest obstacles facing many telecommunication companies across the world is their capacity and ability to combat gaming download speeds and latency. With the development of broadband and gaming occurring side by side, every company in this domain must do all they can to satisfy gamers internationally. With an expected mobile game user […]