By John Lee. Iraq has signed a contract with the Gulf Cooperation Council Interconnection Authority (GCCIA) for the import of electricity. The project aims to enhance Iraq's energy stability and reduce reliance on costly conventional energy sources. The Gulf-Iraq electricity link is expected to supply Iraq with 3.94 TWh (terawatt-hours) annually by 2025 at competitive […]
By John Lee. As part of the Iraqi government's efforts to reform the financial and banking sectors, the Council of Ministers has approved the contracting of Rafidain Bank with K2 Integrity and up to three experts in the fields of compliance, anti-money laundering, and risk management. According to a statement from the Office of the […]
By John Lee. The Iraqi Ministry of Transport has announced a tender for the design and completion of the Baghdad-Baiji railway line, with plans to upgrade the Taji-Baiji section to UIC60 standard gauge. Partially funded by the World Bank under the Emergency Development Project, the contract covers design and construction work to modernize the current […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully completed drilling two oil wells, one in the East Baghdad South field and another in the Bazargan South field (part of the Maysan fields). Deputy General Manager Kazem Habash Khalif stated that the company continues to implement its ambitious plans using advanced drilling techniques while […]
By John Lee. The Administrative Undersecretary of Iraq's Ministry of Transport, Dr. Hazem Radi Al-Hafathi, led a meeting to discuss the activation of a river taxi service in Baghdad. According to a statement from the Ministry, the project aims to establish 22 docking sites along the Tigris River, improving river transport and alleviating traffic congestion […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani inaugurated the second phase of renovations at Baghdad's Central Teaching Hospital of Paediatrics, marking what his office described as a significant step in the government's healthcare modernization efforts. The upgraded facilities include revamped surgery and hematology departments, four new operating rooms, advanced radiology and CT/MRI units, […]
By John Lee. Iraq's Minister of Communications, Dr. Hayam Al-Yasiri, announced progress on implementing the national 5G mobile license project. During a meeting with the project's steering committee, the ministry reaffirmed its commitment to advancing the project despite regional security challenges. The initiative, approved by the Cabinet, grants the Ministry of Communications the authority to […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on Monday focused on comprehensive reforms for Iraq's financial and banking sector, attended by key figures including the Minister of Finance and the Governor of the Central Bank of Iraq (CBI). Al-Sudani stressed the need for stricter oversight of financial transfers and actions […]
By John Lee. The Iraqi Ministry of Transport has introduced eight new public transport routes in Baghdad, aimed at serving students at Al-Bayan University. The initiative, launched by Minister Razzaq Muhaibis Al-Saadawi, aligns with the start of the academic year and includes routes covering key areas of the capital. Line 1 (Adan Square - Al-Bayan […]
By John Lee. The Governor of the Central Bank of Iraq (CBI), Ali Mohsen Al-Alaq, met with Turkish Ambassador Anil Bora Inan and representatives of Turkish banks operating in Iraq to discuss a newly implemented financial transfer mechanism. The new system, which operates in euros and is executed through Turkish banks, aims to streamline and […]
By John Lee. Iraq's Minister of Communications, Dr. Hayam Al-Yasiri, led a workshop on Sunday focused on drafting guidelines to regulate delivery companies, in collaboration with the Competition and Anti-Monopoly Council. According to a statement from the Ministry, the initiative aims to prevent monopolies and introduce fair competition in service sectors. Al-Yasiri emphasized improving Iraqi […]
By John Lee. Iraq and the United Nations signed an agreement for a $3 million peace and stability project in Sinjar, sponsored by the Iraqi Ministry of Planning and funded by the UN. The initiative, implemented by three UN agencies-UN Development Programme (UNDP), the International Organization for Migration (IOM), and UN Women-aims to support Sinjar's […]
