By John Lee. Baghdad Game Lab has announced a new association with HP to support the growth of gaming, esports, and digital skills in Iraq through the HP Gaming Garage programme. The collaboration aims to expand access to future-ready skills as Iraq's youth population continues to grow and the country's creative and technology sectors gain […]
By John Lee. Nasiriyah Heart Hospital received a Korean medical delegation as part of a new phase of the Iraq-Korea joint cooperation project. The project is funded through a grant from KOICA [Korea International Cooperation Agency] for the Establishment of the Korea-Iraq Specialized Hospital for Children with Heart Disease (2020-2030 / USD 27.93 million). A […]
By John Lee. State Company for Automotive and Equipment Industry, one of the companies of the Ministry of Industry and Minerals, has signed a partnership contract with Iraqi and Emirati firms to establish an integrated industrial system for the assembly, production and marketing of various types of vehicles. The agreement covers the production of: Buses […]
By John Lee. The National Investment Commission (NIC) has conducted a field visit to the Al-Jawahiri Residential City project, located in in Abu Ghraib, west of Baghdad. An engineering team inspected progress at the housing development, reviewing implementation stages and assessing compliance with the terms of the investment licence and approved timelines. The visit focused […]
By John Lee. The National Investment Commission has held an expanded meeting to discuss a comprehensive investment roadmap for the development of Dulmaj [Delmaj] Marsh into an integrated tourism reserve. The proposed project aims to establish a network of multi-use tourism villages within a sustainable environmental framework aligned with national economic development objectives. According to […]
By John Lee. The Arab Energy Fund has led and closed a $346 million reserve-based lending (RBL) facility for Kuwait Energy Basra Limited (KEBL), operator of Block 9 (Faihaa Field) in Basra and a wholly owned subsidiary of China's United Energy Group Limited (UEG). The financing will support the next phase of expansion and development […]
By John Lee. The Governor of Erbil, Omed Khoshnaw [Xoshnaw], has announced the launch of the first phase of the Erbil Wastewater Recycling Project, valued at $288 million, in cooperation with the Japan International Cooperation Agency (JICA). The announcement followed a meeting at the Governorate headquarters with a senior JICA delegation headed by Taketsuru Eiko, […]
By John Lee. Iraq's Council of Ministers has approved an amicable settlement with Lukoil to transfer petroleum operations at the West Qurna 2 field to Basra Oil Company (BOC). The settlement addresses outstanding matters relating to invoices and the employment of foreign staff, subject to certification by a reputable external auditor. It also designates the […]
By John Lee. The Second Karkh Investigative Court has recovered IQD 30 billion (approximately $23 million) in connection with a financial fraud case. According to a statement issued by the Supreme Judicial Council (SJC), the amount was recovered from a company that violated the law by exploiting exchange rate differences in foreign currency transfers conducted […]
By John Lee. Iraq's Ministry of Oil has announced the inauguration of a gas-fired power generation plant at the Faw [Fao] oil depot, aimed at strengthening export capacity and supporting energy stability in the southern region. The project was launched under the direction of Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan […]
By John Lee. The National Investment Commission (NIC) has hosted the preparatory meeting for the eighth session of the Iraq-Qatar Joint Committee, ahead of formal talks scheduled to take place in Doha in March. The meeting was chaired by Engineer Salar Mohammed Amin, Vice Chairman of the Commission and Deputy Head of the Iraqi side […]
By John Lee. Gulftainer has reported a 28 percent increase in throughput and container handling at its Iraq Container Terminal (ICT) at the start of 2026 compared with the same period last year. The company attributed the growth to expanded carrier services, an enhanced product portfolio and improved operational performance, strengthening the terminal's role as a […]
