By John Lee. Iraq's Minister of Electricity, Ziad Ali Fadel, recently hosted the Finnish Ambassador to Iraq, Ms. Anu Saarela, along with a delegation from Wärtsilä, a company specializing in the installation and maintenance of engines. During the meeting, the minister emphasized the government and ministry's commitment to fostering common prospects, job opportunities, and partnerships, […]
By John Lee. The Iraqi Cabinet has approved recommendations from a consultative meeting aimed at addressing traffic congestion and regulating working hours for state departments. The key measures are: Adjusted Office Hours: Official working hours for government departments in Baghdad will be trialed for three months after Eid al-Fitr, with reevaluation afterward. Different start and […]
By John Lee. Ziad Ali Fadel, Iraq's Minister of Electricity, has signed a five-year gas supply agreement with the Iranian National Gas Company (INGC). The contract involves daily gas delivery rates of up to 50 million cubic meters, adjustable based on system requirements. This initiative aims to sustain the momentum of power generation stations, ensuring […]
By John Lee. The Iraqi Securities Commission (ISC) has announced the signing of a mutual cooperation agreement with the UK's Chartered Institute for Securities and Investment (CISI), marking the first Iraqi-British agreement in the financial market sector. This pact entails the exchange of information related to financial training programs and signifies a significant advancement in […]
By John Lee. The Iraqi Oil Ministry has responded to criticism from the trade body representing international oil companies (IOCs) operating in Iraqi Kurdistan, as they mark the one-year anniversary of the closure of the Iraq-Turkey Pipeline (ITP) connecting northern Iraq with the Mediterranean port of Ceyhan. Highlighting the economic cost of the pipeline closure, […]
By John Lee. Iraq's Ministry of Transport has said it will add 50 new locomotives to its rail fleet, in addition to repairing all existing locomotives and bringing them back into service. The maintenance and rehabilitation work will be carried out at facilities including Al-Shalchiya maintenance facility in Baghdad, Samawah (Middle Euphrates Railways), Beiji (Eastern […]
By John Lee. Dr. Abbas Jaber Al-Maliki, the Minister of Agriculture, has chaired a meeting with a delegation from the South Korean company KRE, led by Mr. Kweonk Suk Jan, to discuss smart farming techniques for tomatoes and rice, as well as advanced storage systems. The meeting was attended by Dr. Hussein Al-Wasiti, the Advisor […]
By John Lee. Iraq's Ministry of Oil has announced that the Oil Pipelines Company has completed the first phase of rehabilitating the 12-inch dry gas pipeline from the East Baghdad field to Taji power station. Mr. Ali Abdul Kareem Al-Moussawi, the Director General of the Oil Pipelines Company, stated that the company's technical and engineering […]
By John Lee. The Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, has chaired the sixth meeting of the Supreme Committee for Reconstruction and Investment this week, discussing service and residential investment opportunities in various governorates. At the meeting, approval was given for a request from the National Investment Commission (NIC) to establish an iron and steel […]
By John Lee. South Korea's Defense Minister, Shin Won-sik, held talks in Seoul on Wednesday with Thabet Mohammed Saeed Al-Abbasi [al-Absi], the Iraqi Defense Minister. Minister Suh evaluated that the foundation of defense and defense industry cooperation between Korea and Iraq has been established through military education exchanges, T-50 trainer aircraft exports, and airbase reconstruction […]
By John Lee. The Director General of Midland Oil Company emphasized the company's commitment to providing a conducive investment environment for successful global companies in the fifth licensing round for the development of oil and gas fields. During an inspection visit to the Khashim Ahmer-Injana [Khasham Al-Ahmar] and Gilabat-Qumar [Kalabat] fields in Diyala province, Mr. […]
By John Lee. The US Ambassador to Iraq, Alina L. Romanowski, has expressed a wish for a strong US-Iraq strategic partnership that will benefit all Iraqis. In a statement marking the start of Ramadan, she highlighted: Since 2012, the U.S. Congress has appropriated more than $3.5 billion to build up Iraq's security forces. Over the […]
