By John Lee. The South Gas Company (SGC) and Halfaya Gas Company (HGC) have signed a contract for the development and processing of gas from the Nahr Bin Umar field, with a capacity of 150 million standard cubic feet per day. Deputy Prime Minister Hayan Abdul Ghani emphasized the project's contribution to the national economy […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has led the fifth meeting of the High Committee for Reconstruction and Investment, at which several housing projects were approved in various provinces. During the meeting, authorization was granted to the Ministry of Construction, Housing, and Municipalities to negotiate with the executing company for the Housing […]
By John Lee. Baghdad Municipality has announced the building of six significant bridges in the capital, after completing the first phase of decongestion projects. Director-General of the Projects Department at the Baghdad Municipality, Qadhan Al-Waeli, told the state-run Iraqi News Agency (INA): "The Projects Department contributes on multiple fronts to alleviate congestion, opening new roads, […]
By John Lee. Iraq's Ministry of Finance announced on Friday the issuance of the third tranche of reconstruction bonds, named "Sukuk Al-Imar," totaling 2 trillion dinars [$1.5 billion]. This issuance is in accordance with Budget Law No. 13 for the fiscal years 2023-2024-2025, covering the period from December 31, 2023, to January 30, 2024. The […]
By John Lee. The Iraqi Health Ministry has announced new initiatives with Saudi Arabia, focusing on establishing health centers and pharmaceutical factories. Speaking to the state-run Iraqi News Agency (INA), Minister of Health Saleh Al-Hasnawi emphasized the significant development in Iraqi-Saudi relations, spanning political, economic, and service sectors. He said the two ministries are jointly […]
As we kick off the new year with our first newsletter, we extend a heartfelt appreciation to all our contributors, with a special acknowledgment to our Expert Bloggers, Ahmed Mousa Jiyad and Ahmed Tabaqchali (AFC Iraq Fund), who have generously shared their wisdom and observations with us over the past twelve months. We eagerly anticipate […]
By John Lee. In its first regular session of the year, the Iraqi Cabinet approved a $736,243,600 integrated residential project, to be constructed on parcels 25/12, 23/75, and 23/76 in District 21, Al-Salam, Baghdad. It granted approval for Ahl Al-Wafa Trading and General Contracting to implement the project and obtain the investment license for the […]
By John Lee. The Turkish Foreign Minister, Hakan Fidan, and the Deputy Prime Minister and Foreign Minister, Fuad Hussein, met in Ankara on Tuesday, accompanied by high-level security and military officials from both countries. Talks covered issues related to counterterrorism, security, and water resources, with both sides committing to continue developing relations. The meeting included […]
By John Lee. Romanian airline Dan Air has announced that it will operate flights from Iraq to Europe on behalf of the Iraqi airline Fly Baghdad. This follows a recent decision by the European Commission to ban Fly Baghdad from EU airspace because, according to the European Union Aviation Safety Agency (EASA), they do not […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani received the Ambassador of Austria to Iraq, Mr. Andrea Nasi, on Tuesday, on the occasion of assuming his duties as the country's first resident ambassador in Baghdad in thirty years. According to a statement from the Prime Minister's office, discussions covered various aspects of bilateral relations between […]
By John Lee. The President of Iraq's Communications and Media Commission (CMC), Dr. Ali Al-Mouyad, has signed a memorandum of cooperation with Chinese company Huawei in the field of cybersecurity and capacity building. According to a statement from CMC, the agreement aims to foster collaboration, mutual innovation, knowledge exchange, and training development in cybersecurity for […]
By John Lee. The Central Bank of Iraq (CBI) has decided to establish the "National Company for Electronic Payment Systems in Iraq," marking a qualitative development in the country's financial infrastructure. The new company will be responsible for efficiently developing, operating, and managing national electronic payment and settlement systems, introducing new elements to enhance the […]
