By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has approved the recommendations of the committee responsible for establishing a fixed platform for imported gas at the large Al-Faw Port. This platform is the first of its kind in the national oil, gas, and related infrastructure sector. During a meeting chaired by the Prime Minister on […]
By John Lee. China's Huawei has organised a technical seminar at the Ministry of Electricity's headquarters, focused on digital transformation, the future of energy, and programs for protecting electrical systems. The seminar was attended by the Director-General of the Technical Department, along with several specialists and advanced engineering and technical staff. The participants provided a […]
By John Lee. The Iraqi Cabinet has granted the Minister of Agriculture the authority to contract with the Austrian company Bauer for an amount of 300 million euros. The amount is to be converting to dollars and transferring it at the exchange rate of 1,300 Iraqi dinars. According to a statement from the Media Office […]
By John Lee. Iraq's Oil Products Distribution Company, in collaboration with supporting security forces, have successfully broken an oil smuggling ring. According to a statement from the Ministry of Oil, a raid was carried out on a garage in the Khor Al-Zubair area, at which they seized 29 tankers loaded with oxidized asphalt [oxidized bitumen], […]
By John Lee. In a move to enhance the investment sector and align with the directives of the Ministry of Finance, Rafidain Bank has announced the issuance of the third series of reconstruction bonds for amounts of 500,000 and 1,000,000 Iraqi dinars. The bonds carry an annual interest rate of 6% and 8% for two […]
By John Lee. Ziad Ali Fadel, Iraq's Minister of Electricity, chaired a strategic meeting with the Emirati company, Masdar, to move forward with the establishment of solar energy projects totaling 1,000 megawatts for the first phase. The meeting was attended by several advisors and general directors. The Minister stated that this meeting is a continuation […]
By John Lee. On Saturday, Prime Minister Mr. Mohammed Shiaa Al-Sudani inaugurated the intersection bridge near the College of Fine Arts in the Rusafa district of Baghdad. This bridge is the first among the traffic congestion relief projects launched by him last year in the capital, Baghdad. T According to a statement from the Prime […]
By John Lee. Iraq's National Investment Commission (NIC) has hosted a joint meeting with the Ministries of Industry and Minerals and Electricity to discuss the technical proposal for establishing a turbine maintenance workshop. The proposal was presented by the French engineering company "Warmer" [IBN believes it to be Wamar Engineering], along with its Iraqi partner, […]
By John Lee. The Iraqi government's "Ur" electronic portal, has successfully expanded its e-government services, offering 708 services, of which 352 are electronic and 356 are paper-based. Government spokesman, Haider Majid, also told the state-run Iraqi News Agency (INA) that the portal has more than 2.3 million registered users. He said Ur includes 6,358 governmental […]
By John Lee. Iraq's Commission of Integrity has reported the detection of "excesses and waste" exceeding $33 million in two contracts for Dhi Qar Oil Company (DQOC) and several departments affiliated with the Ministry of Electricity in the province. The department revealed excesses in the cost of a contract for the construction and maintenance of […]
By John Lee. On the sidelines of the World Economic Forum (WEF) in Davos, Iraqi Prime Minister Mohammed Shia Al-Sudani met with Mr. Ajay Banga, the President of the World Bank Group. The meeting focused on discussing cooperation between Iraq and the World Bank in various economic sectors, contributing to supporting the government's efforts and […]
By John Lee. In Davos, Iraqi Prime Minister Mohammed Shia Al-Sudani met with Mr. Khaled Haballah, the Regional CEO of J.P. Morgan (JPMorgan Chase) for the Middle East and North Africa. The meeting focused on exploring cooperation opportunities in financial areas, including opening accounts for Iraqi banks. Discussions also touched upon the potential participation of […]
