Al-Maqal Port "to become Tourist Landmark"
By John Lee. Sharjah 24 reports that Iraq's General Company for Ports is accepting offers from private companies to turn the disused Al-Maqal Port on the Shatt al-Arab into a tourist destination. It adds that an Italian company has already completed designs. Since the Iraq war, the port has reportedly declined for transport purposes, following […]
Iraq Oil Export Volumes slightly Down for May
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for May of 89,881,268 barrels, giving an average for the month of 2.899 million barrels per day (bpd), slightly down from the 2.947 million bpd exported in April. The exports from the oilfields in central and southern Iraq amounted to approximately 86,820,355 barrels, […]
Entrepreneurs Network and Gain Skills at Erbil Conference
Entrepreneurs Network and Gain Skills at USAID-Top Mountain Business Canvas Conference in Erbil U.S. Consul General Rob Waller spoke with the over 250 entrepreneurs and job seekers at the second-annual Top Mountain Business Canvas Conference on May 27 at the Rotana Hotel in Erbil. The Business Canvas Conference, supported by the United States Agency for […]
UN Update on Demonstrations in Iraq
UNAMI has issued an Update on Demonstrations in Iraq: Accountability for Human Rights Violations and Abuses by Unidentified Armed Elements Click here to read the full report. (Source: UN)
Saudi signs $10m Export Financing Deal with NBI
SFD signs a $10 million export financing agreement with the National Bank of Iraq The Saudi Fund for Development (SFD) has signed an export financing agreement with the National Bank of Iraq (NBI), a subsidiary of the Capital Bank Group, to provide credit facilities worth $10 million to Iraqi importers who seek to import Saudi […]
TVS Motor opens New Showroom in Baghdad
India's TVS Motor Company has opened a new marquee showroom in Baghdad with distribution partner Ritaj International General Trade LLC. The showroom, which is spread over 500 sq meters with a built-up area of 840 sq meters, was inaugurated along Palestine Street in Baghdad. It is the first-of-its-kind showroom for TVS Motor Company in the […]
Asiacell, UNDP support Youth Employment and Entrepreneurs
Asiacell and UNDP Iraq join efforts to support youth employment and entrepreneurs Following its commitment to boosting youth employment and strengthening Iraq's Micro, Small, and Medium Enterprises (MSMEs), Asiacell today signed a two-year Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP) in Iraq. The MoU commits the leading telecommunications company and the […]
Increasing Oil Production at West Qurna 2
By John Lee. Iraq's Oil Minister, Ihssan Abdul-Jabbar Ismail, has announced the start of experimental operations at the Yamamah reservoir in the West Qurna 2 oil field, with the aim of increasing output from the reservoir from 10,000 barrels per day (bpd) to 350,000 bpd. When fully implemented, the development would bring total production at […]
Mount Zawa Cable Car to Create Jobs, Boost Tourism
KRG Prime Minister Masrour Barzani marked the official opening of the Mount Zawa Cable Car in Duhok province, which will create hundreds of new jobs in coordination with the Ministry of Municipality and Duhok Governorate. The $30 million project connects the Barzan region road to the top of Mount Zawa and includes new restaurants and […]
Iran, Iraq Agreement on Customs, Joint Investment
Ministerial delegations from Iran and Iraq agreed on plans to promote cooperation on customs affairs, pave the way for joint investment, and expand the capacity for transportation between the two neighboring countries. After two rounds of meetings on Saturday, delegations led by Iranian Economy Minister Farhad Dejpasand and Iraq's Finance Minister Ali Abdul-Amir Allawi reached […]
Turkey appoints New Ambassador to Baghdad
By John Lee. Iraqi Foreign Minister, H.E. Mr. Fuad Hussein, received a copy of credentials of H.E. Mr. Ali Rıza Güney, the new Turkish ambassador to Iraq at the ministry's headquarters this week. Mr. Hussien affirmed the ministry's readiness to fully support the ambassador to succeed in his duties, wished him success, and emphasized the […]
New Russian Ambassador to Iraq
By John Lee. On 25 May 2021, Foreign Minister, H.E. Mr. Fuad Hussein received a copy of the credentials of H.E. Mr. Elbrus Kutrashev, the Ambassador Plenipotentiary of the Russian Federation to Baghdad. The two sides held talks on ways to improve bilateral relations between the two countries, and the importance of enhancing cooperation opportunities […]