By John Lee. Iraq's Council of Ministers (Cabinet) has approved the recommendation from the Ministerial Council for Social Services (Resolution 24016 K) to form the Iraqi Construction Council. This new council will be chaired by the Minister of Construction, Housing, Municipalities, and Public Works and will include representatives from various ministries and organizations. Members include […]
By John Lee. In its latest session, the Iraqi Cabinet has approved several measures to address the electricity needs during peak summer periods and to develop the country's power infrastructure. The key decisions include: Contract with Mass Holding Company: The Ministry of Electricity has been authorized to contract with Mass Holding Company to supply electricity […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired a meeting on Sunday with the higher committee overseeing the New Sadr City Project. The meeting focused on the steps needed to complete this significant residential project and the overall financing mechanism to ensure all requirements are met. Al-Sudani instructed the Ministry of Electricity to quickly […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired a meeting on Sunday with the committee tasked with lifting the European Union (EU) ban on Iraqi Airways. The committee reviewed the steps taken to meet the ban's requirements, efforts to automate all aspects of the airline's operations, aircraft maintenance, staff training, and service improvements to […]
By John Lee. The Turkish Statistical Institute (TurkStat) has reported that Iraqis ranked fifth among the countries that purchased Turkish real estate in May. Iraqis bought 98 houses in Turkiye in May, putting them behind Russians (437), Iranians (207), Ukrainians (171) and Germans (104). According to Shafaq News Agency, Iraqis had topped the list from […]
By John Lee. The Iraqi Ministry of Oil announced details of a memorandum of understanding (MoU) signed with American company Honeywell to develop oil refineries. Deputy Minister for Refining Affairs, Hamid Al-Zobaie, told the state-run Iraqi News Agency (INA) that the MoU involves several projects to increase refinery capacity to 40 percent of crude oil […]
By John Lee. The Director General of Iraqi Airways has said the airline generated over $91 million in sales and profits during the first five months of 2024, an increase of 89 percent on the same period last year. Manaf Abdul Munem attributed the growth to the effective implementation of the company's operational plan, which […]
By John Lee. The Iraqi Ministry of Transport has announced the release of salaries for employees of the company responsible for security at Baghdad International Airport (BIAP) for the second consecutive month, following directives from the Council of Ministers and under the supervision of Minister Razzaq Muhibis Al-Saadawi. According to a statement from the Ministry's […]
By John Lee. The first direct flight between Erbil and London was successfully completed on Friday. The flight, operated by Ur Airlines, departed from Erbil International Airport (EIA) at 2pm, carrying 125 passengers. Previously, flights from the Kurdistan Region to the United Kingdom required stops and plane changes, but these flights will now be direct. […]
By John Lee. Iraq's Council of Ministers (Cabinet) has imposed n additional 20 percent customs duty on imported steel rebar (10-32 mm) from all sources. The new rate is effective for four years starting October 3, 2024, and applies to tariff code 72142000. The Ministry of Industry and Minerals will monitor import increases compared to […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani has inaugurated the new Isomerization Unit at Basra Refinery. The unit has a capacity of 11,000 barrels per day (bpd) to produce premium gasoline. The project will increase the production of premium gasoline by 1,300 cubic meters per day (1.3 million liters per day), reducing imports by […]
By John Lee. Iraq's Minister of Industry and Minerals, Dr. Khaled Battal Al-Najm, discussed cooperation mechanisms with a French company that submitted a proposal for a joint economic city [free zone] between Iraq and Jordan. The discussion was based on inquiries and comments from the Iraqi-Jordanian Company for Industry, which is responsible for reviewing the […]
