Tag Archives | cg

Head of Iraqi Airways Sacked

By John Lee. Following directives from Prime Minister Mohammed Shia' Al-Sudani, a committee was formed to investigate recent disruptions in Iraqi Airways flights. The committee has concluded its work and submitted recommendations to the Minister of Transport, including the removal of the airline's Director General. The Minister has approved these recommendations. Prime Minister Al-Sudani reiterated […]

Iraq Nears Completion of Affordable Housing Project in Babylon

By John Lee. Iraq's Ministry of Construction, Housing, and Public Municipalities has said it has made significant progress on the construction of low-cost housing units in Babylon through its subsidiary, Al-Fao Engineering Company. The project includes 480 housing units, along with service buildings such as a mosque, kindergarten, and administrative offices, as well as external […]

Progress at Baghdad's Al-Jawahiri Residential City Project

By John Lee. The Iraqi Ministry of Construction continues to push forward with the construction of Al-Jawahiri Residential City in Baghdad, with accelerated work on site preparation, including leveling, excavation, and soil compaction. The project, spanning 7,121 dunams [1,760 acres, 712 hectares], will feature 30,000 residential units and 10,000 serviced land plots, along with commercial […]

Russia "has Invested over $19bn in Iraqi Energy Sector"

By John Lee. Russian Foreign Minister Sergey Lavrov has said that Russia has invested over $19 billion in the Iraqi energy sector. "LUKOIL, Gazprom Neft and Rosneft account for the bulk of this investment," he added. The Minister made the comments at the opening ceremony of an exhibition marking the 80th anniversary of establishing diplomatic […]

Iraqi Oil Minister meets US Oil Industy Execs

By John Lee. Iraqi Minister of Oil, Hayan Abdul-Ghani, has held a series of meetings with oil industy executives during his visit to the United States: ARC Alternative and Renewable Construction LLC, represented by CEO Lonnie Coplen, and Maysoon Tawfik. Discussions involved cooperation on infrastructure development for Iraq's energy sector. Baker Hughes, led by senior […]

Hunt Oil CEO meets with Iraqi Oil Minister

By John Lee. Iraq's Deputy Prime Minister for Energy Affairs and Oil Minister, Hayan Abdul Ghani, met with a delegation from Hunt Oil, including CEO Mark Gunnin and senior executives, during his visit to the United States. The talks focused on Iraq's efforts to invest in and develop oil and gas fields, with assurances of […]

Iraq and Iran to create new Economic City

By John Lee. Iraq and Iran have agreed to allocate 2,000 dunams [200 hectares; 500 acres] in Zurbatiyah for the creation of a new economic city. The announcement followed discussions today between Iraqi Prime Minister Mohammed S. Al-Sudani and the President of Iran, Masoud Pezeshkian, which focused on the border industrial zones, which are being […]

Iran and Iraq sign 14 Memoranda of Understanding

By John Lee. Prime Minister Mohammed S. Al-Sudani met today with the President of the Islamic Republic of Iran, Mr. Masoud Pezeshkian, at the Governmental Palace in Baghdad. This meeting marked the beginning of President Pezeshkian's official visit to Baghdad, during which various topics of mutual interest were discussed, aiming to enhance cooperation and partnership […]

Iraq and Shell discuss Enhancing Energy Cooperation

By John Lee. As part of his visit to the United States, Iraq's Deputy Prime Minister for Energy Affairs and Oil Minister, Hayan Abdul Ghani, met with senior executives from Shell, including Vice President Fakher Abdulrahim Badr [Bader] and Head of International Affairs Amy Conroy. The meeting focused on enhancing collaboration in gas and energy […]

Dutch Court Grants Enforcement of Award against Central Bank of Iraq

By John Lee. A court in the Netherlands has recognized and granted the enforcement of an arbitration award against the Central Bank of Iraq (CBI). The International Chamber of Commerce (ICC)'s International Court of Arbitration in Paris granted the award in favour of Abu Dhabi-based Cardno ME (CME) on February 26, 2023. It required the […]

Iraq Completes First Multilateral Oil Well in East Baghdad Field

By John Lee. Iraq's Ministry of Oil has announced the completion of its first multilateral oil well in the Southern East Baghdad field, using modern drilling technology. Deputy Minister for Extraction Affairs, Bassem Mohammed Khudair, highlighted the rapid drilling and doubled production capacity achieved at a low economic cost. The project, operated by China's EBS […]