The latest news from Anbar province, Iraq – security, investment & more – brought to you by Iraq Business News
By John Lee. Drilling operations have begun at the Akkas gas field in Anbar province as part of efforts to expand domestic gas production and support power generation. The project has entered an initial fast-track production phase with capacity of 100 million standard cubic feet of gas per day, with subsequent phases planned to raise […]
By John Lee. Iraq's Ministry of Electricity has begun the first phase of installing smart electricity meters in selected provinces and areas of Baghdad, alongside activating key electronic payment mechanisms. The ministry said the rollout includes government institutions and has already started in parts of Baghdad, as well as areas of Diyala, Kirkuk, Anbar and […]
By John Lee. Al-Fityan Company For General Contracts has won a contract with the United Nations Office for Project Services (UNOPS) for "Rehabilitation of 55 Housing Units in Fallujah." Reference: ITB/2025/58519, Lot 1. The contract value was stated as $579,155 (Source: UNGM)
By John Lee. Al-Fityan Company For General Contracts has won a contract with the United Nations Office for Project Services (UNOPS) for "Rehabilitation of 40 category III housing units in Ramadi" Reference: ITB/2025/58519, Lot 2. The contract value was stated as $350,655. (Source: UNGM)
By John Lee. Rawnaq Al-Balad Al-Tayeb has won a contract with the United Nations Office for Project Services (UNOPS) for "Supplying Water Equipment- Anbar (LIRA II)" The contract value was stated as $177,748. (Source: UNGM)
By John Lee. The Iraqi Cabinet has authorised the Ministry of Electricity to sign an addendum with China's SEPCOIII [Electric Power Construction Corporation] for the construction of a dry gas pipeline supplying the Anbar Combined-Cycle Power Plant. The project involves a 250-kilometre pipeline, with the new addendum covering the construction of the section from the […]
By John Lee. The Ministry of Oil has signed a contract with US-based Schlumberger (SLB) to increase natural gas production at the Akkas gas field in Anbar province. Speaking at the signing ceremony, Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani, described the project as a major milestone in Iraq's […]
By John Lee. The Directorate General of Industrial Development, part of Iraq's Ministry of Industry and Minerals, issued 165 preliminary licences for new industrial projects across various sectors during April 2025. Director General Dr. Eng. Ali Ibrahim Janan stated that the approvals cover food, chemical, metal, construction, textile, and engineering industries. Baghdad led with 26 […]
By John Lee. Iraq's Ministry of Finance signed two new credit agreements on Tuesday with the French development agency, Agence Française de Développement (AFD), to finance critical infrastructure projects in the sanitation sector. The first agreement includes a €30-million supplementary loan for the sewage project in Khalidiya district, Anbar, raising total funding for the project to […]
By John Lee. Iraq's Ministry of Industry and Minerals has announced the signing of a strategic agreement between Iraq's State Company for Glass and Refractories and Saudi-based Ajial Company to develop the largest integrated industrial complex in the region based on silica as a core raw material. The deal was signed under the patronage of […]
By John Lee. The Council of Ministers has approved an accelerated plan to develop the Akkas gas field in Anbar as part of the government's strategy to advance the oil and gas sector. The project will be led by the state-owned Midland Oil Company (MdOC), with Schlumberger (SLB) implementing the first phase. The field is […]
By John Lee. The Minister of Industry and Minerals, Professor Eng. Khaled Battal Al-Najm, has chaired the first 2025 Board of Directors meeting for the Industrial Cities Authority, reviewing major industrial development plans. Key Developments: The Minister handed over the first batch of industrial city plot contracts in Anbar and Dhi Qar to investors following […]
