Tag Archives | cg

Hanwha to Resume Work on Bismaya Residential City

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani presided over the signing of a memorandum of understanding between the National Investment Commission (NIC) and South Korea's Hanwha to resume work on Bismayah City residential development. The visit on Monday morning included a meeting with residents, where their feedback on provided services was heard, prompting directives […]

Meeting to Enhance Operations of Iraqi Airways

By John Lee. Iraqi Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Monday focused on reviewing and improving the performance of Iraqi Airways. Discussions included aircraft maintenance and repair, with directives to finalize repairs by the end of the year. Additionally, plans to increase and train airline crews were addressed to elevate service standards. […]

Iraq Reopens al-Shamal Refinery after a Decade of Inactivity

By John Lee. On Friday, Prime Minister Mohammed Shiaa Al-Sudani reopened the al-Shamal refinery at the Baiji Refinery complex. The plant has been rehabilitated by the Northern Refineries Company (NRC), having been inactive for more than ten years. The Prime Minister said the opening brings Iraq closer to fully securing the country's needs for petroleum […]

IDC Completes New Oil Well at East Baghdad Field

By John Lee. The Iraqi Drilling Company (IDC) has successfully completed the drilling of the oil well EBS-68 as part of the contract with the Chinese company Zhenhua to drill 27 oil wells at the East Baghdad field, in collaboration with China Oilfield Services Limited (COSL), a division of the China National Offshore Oil Corporation […]

Visa supporting Iraqi Govt's Plans for Electronic Payment

By John Lee. Iraqi Prime Minister Mohammed Shiaa Al-Sudani received Mr. Andrew Torre, the Regional President of Visa for Central and Eastern Europe, the Middle East, and Africa, along with his accompanying delegation on Thursday. The Prime Minister emphasized that economic and banking reform is among the government's top priorities, welcoming cooperation in this field. […]

26 Int'l Companies Express Interest in Baghdad Metro Project

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani received representatives from the Chinese company China Railway, which is implementing the development project of Al-Nesoor Square in central Baghdad, as part of the first package of projects aimed at alleviating traffic congestion in the capital. During the meeting, attended by several advisors to the Prime Minister, […]

Egyptian Business Delegation visits Iraq

By John Lee. Iraqi Prime Minister Mohammed Shiaa Al-Sudani has received a delegation of Egyptian businessmen and investors specializing in infrastructure projects, the housing sector, and the pharmaceutical industry. Mr. Al-Sudani welcomed the delegation, affirming Iraq's keenness to sustain bilateral cooperation with Egypt and its private sector, and to expand its horizons in various fields. […]

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Shell Quits Nebras Petrochemical Project

By John Lee. British oil and gas company Shell has withdrawn from the proposed $11-billion Nebras [Nibras] petrochemical project in Basra. According to Argus Media, the company said it made the decision, "after in-depth evaluation on the feasibility of the Nebras integrated petrochemicals complex with our government partners." The company added: "This decision is in […]

Malaysian Firm Wins Major Consultancy Contracts in Iraq

By John Lee. The Media Office of the Iraqi Prime Minister has confirmed that the Malaysian company HSS Engineers will be the approved consultant to the two newly-announced major projects, the Baghdad Metro and the Najaf-Karbala Express Train. Tenders for the construction of these projects were announced in recent days. More here and here. Full […]

NIC to announce Two Major Investment Opportunities on Monday

By John Lee. The President of Iraq's National Investment Commission (NIC) has said that two major international investment opportunities -- the Baghdad Metro and the Najaf-Karbala Metro (Phase I) -- will be announced on Monday, 12th February. Dr. Haider Mohammed Makiya said the selection of international executing companies will be done, "through the Iraqi government's […]

Iraq and Lebanon to Cooperate in Agricultural Sector

By John Lee. Iraq and Lebanon have signed a memorandum of cooperation in the agricultural sector. The memorandum was signed by the Ministers of Agriculture of both countries, Dr. Abbas Jaber Al-Maliki and Mr. Abbas Al-Hajj Hassan, in the presence of the Lebanese Ambassador to Baghdad, the Iraqi Consul in Beirut, and several officials. According […]

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