Tag Archives | cg

Iraqi Airspace to Remain Closed Until Friday Noon

By John Lee. Iraqi Civil Aviation Authority (ICAA) has extended the closure of Iraqi airspace to all arriving, departing and transit aircraft until 12:00 noon on Friday. The authority said the decision was taken as a temporary and precautionary measure, based on an ongoing assessment of the security situation and in light of regional developments […]

Private Sector Council Reviews Economic Stability Measures

By John Lee. Iraq's Private Sector Development Council has held its second session to discuss current economic developments and measures to support economic and financial stability. The meeting was attended by representatives from several government institutions, including the Ministry of Planning, with Dr Sabah Jundi Mansour, Director of the Economic and Financial Policies Department, representing the […]

Iraq Opens Embassy in Ashgabat

By John Lee. The Embassy of the Republic of Iraq has officially begun operating in Ashgabat, marking a new step in strengthening diplomatic relations between Iraq and Turkmenistan. The development was discussed during a meeting on 9th March 2026 at the Ministry of Foreign Affairs of Turkmenistan between Deputy Foreign Minister Serdar Muhammetdurdyyev and Jassim […]

CBI Opens Bidding for IT Equipment Contract

By John Lee. The Central Bank of Iraq (CBI) has announced a public tender for the supply of computer equipment in accordance with the technical specifications outlined in the bank's standard procurement documentation. The tender has an estimated total value of IQD 767,500,000 (approximately USD 586,000) and will be funded from the central bank's 2026 capital […]

CBI Says Foreign Reserves Cover 12 Months of Imports

By John Lee. The Central Bank of Iraq (CBI) has held an extraordinary board meeting to review recent economic and financial developments and assess macroeconomic indicators and future outlooks in light of regional and global changes. The board conducted a comprehensive review of conditions in the monetary and financial markets, including: Liquidity levels within the banking […]

Gulf Power Interconnection with Iraq Nears Launch

By John Lee. The Ministry of Electricity has said the Iraq-Gulf electricity interconnection project will soon enter service with an initial capacity of 500MW. According to ministry spokesperson Ahmed Mousa Al-Abadi, the project is around 95 percent complete and is currently undergoing final operational procedures before the first phase becomes operational. The ministry also confirmed that […]

Iraqi Airspace to Remain Closed Until Tuesday Noon

By John Lee. Iraqi Civil Aviation Authority (ICAA) has extended the closure of Iraqi airspace to all arriving, departing and transit aircraft until 12:00 noon on Tuesday. The authority said the decision was taken as a temporary and precautionary measure, based on an ongoing assessment of the security situation and in light of regional developments […]

Seismic Survey Near Fallujah Nears Completion

By John Lee. Iraq's Oil Exploration Company has reported significant progress on a two-dimensional seismic survey programme north of Fallujah in Anbar province. The project, conducted for Midland Oil Company, forms part of the Ministry of Oil's plans to expand geological and geophysical data to support oil and gas exploration. According to the company, more […]

Attack on Sarsang Oil Field Halts Production

By John Lee. Production has been suspended at the Sarsang oil field in Duhok Governorate following an attack that caused damage to the facility. According to the Ministry of Natural Resources of the Kurdistan Regional Government (KRG), the incident occurred on Thursday night and was carried out by armed groups operating outside the law in […]

Private-Sector Links Highlighted in Iraq-UK Business Talks

By John Lee. His Excellency Dr Salih Husain Ali Al-Tamimi, Ambassador of Iraq to the United Kingdom, received Mohammed Al-Issawi, a member of the International Chamber of Commerce (ICC), to review opportunities for expanding international economic collaboration. Discussions covered the ICC's role in supporting the global business environment, including its work to facilitate cross-border trade […]

Central Bank (CBI) Seeks Feedback on Policies and Decisions

By John Lee. The Central Bank of Iraq has launched a survey to gather feedback on public perceptions of its policies and decisions. The bank said the initiative forms part of its commitment to applying international best practices in institutional excellence and to strengthening confidence, stability and service quality. Respondents have been invited to complete a […]

Explosion Reported on Tanker at Khor Al-Zubair Anchorage

By John Lee. Angola's Sonangol has reported an incident involving the oil tanker Sonangol Namibe (pictured) while anchored at Khor Al-Zubair in southern Iraq awaiting loading operations. Preliminary reports indicate that a localised explosion occurred on the vessel's deck on 5th March (Thursday). The tanker is registered under the Bahamas flag and is operating within the […]