By John Lee. During his visit to Washington DC this week, Iraqi Prime Minister Mohammed Shia Al-Sudani, presided over the signing of number of Memoranda of Understanding (MoU's) with American companies: Government Memoranda of Understanding: Memorandum of Understanding between the Ministry of Electricity and General Electric (GE) for the development of the energy sector. Memorandum […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani has received the President of the U.S. Wheat Council, Mr. Vince Peterson, and his accompanying delegation. They discussed future cooperation in supplying wheat to Iraq of the highest quality and at suitable prices, aiming to produce flour beyond the uses of the ration card. The government has […]
By John Lee. At a meeting on Monday between Iraq's Minister of Planning, Mohammed Tameem, and US Secretary of State Antony J. Blinken, Iraq renewed its commitment to joining the World Trade Organization (WTO) and to protect intellectual property rights. The United States has pledged support for a series of projects under the International Visitor […]
By John Lee. A delegation from Iraq, led by Deputy Prime Minister and Minister of Planning Mohammed Tameem, met with a delegation from the United States government, headed by Secretary of State Antony J. Blinken, in the High-Level Coordination Committee (HCC) meeting yesterday, April 15th. The meeting was held in accordance with the 2008 Strategic […]
By John Lee. CEO World magazine has ranked Iraq 93rd out of 199 countries in its index of World's Best Countries To Invest In Or Do Business For 2024. This puts it behind neighbours such as Iran and Kuwait, but ahead of Jordan and Syria. Singapore, United Kingdom and Taiwan take the top three places. […]
By John Lee. The Ministry of Transport has announced that Iraqi Airways will re-start direct flights between Iraq and China in May. The inaugural direct flight will take off on May 4th from Baghdad International Airport, making a stop at Basra International Airport, before proceeding to Beijing Daxing International Airport. This marks the resumption of […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully completed the drilling of oil well 199 at the Bai Hassan oil field, west of Kirkuk. Drilling reached a depth of 1,810 meters, using the1,000-horsepower IDC 222 drilling rig. The work was done on behalf of the North Oil Company (NOC). (Source: Ministry of Oil)
By John Lee. The Iraqi Cabinet approved the recommendations of the Sovereign Guarantees Committee regarding the Al-Khairat Power Station. The new facility is being built by Harlow International, which describes it as, "the largest thermal power plant project in Iraq ... which will provide more than 10% of Iraq's power demand when fully operational." According […]
By John Lee. Australian engineer Robert Pether and his Egyptian colleague Khalid Radwan have now spent more than three years in prison in Iraq. The pair were detained in April 2021 by authorities in Baghdad in relation to a dispute over the construction of the new Central Bank of Iraq (CBI) headquarters in Baghdad. They […]
By John Lee. Iraq's Ministry of Health has signed a contract with Qatar's Elegancia Healthcare, a subsidiary of Estithmar Holding, to manage, operate, and maintain a 492-bed hospital in Nasiriyah, in Dhi Qar province. The signing ceremony was attended by the Qatari Ambassador to Iraq, Sultan bin Mubarak Al-Kubaisi, the Director-General of Health in Thi […]
By John Lee. The Central Bank of Iraq (CBI) has said it will issue a new series of bonds on behalf of the Ministry of Finance. The "Injaz/Enjaz" ["achievement"] bonds will be offered in two denominations: A 500,000 Iraqi Dinar (IQD) bond with an annual interest rate of 6.5 percent for a period of two […]
By John Lee. The Defence Industries Commission of Iraq (DICI) has said it started to produce armoured military vehicles. Janes identifies the vehicle as the Chinese Norinco VN22 6x6. More here from Janes. Click here to view the DICI video. (Sources: DICI, Janes)
