By John Lee. The Iraqi Cabinet has endorsed recommendations from a meeting aimed at "unifying security measures" at Baghdad International Airport (BIAP). According to a statement from the Media Office of the Iraqi Prime Minister, the decisions are as follows: The Iraqi Civil Aviation Authority (ICAA) will settle its dues to the Canadian company Biznis […]
By John Lee. In a statement at the UN Security Council meeting on Iraq yesterday (Tuesday), the UK's Deputy Political Coordinator Tom Phipps (pictured) said the UK remains committed to supporting the Iraqi Government and the implementation of its ambitious reform agenda. He welcomed in particular the passing of the budget in June, which he […]
By John Lee. The President of Iraq's National Investment Commission (NIC) has launched the Downtown Baghdad project, which will feature Iraq's tallest skyscraper, with 65 floors. Dr. Haider Muhammad Makiya said the project would serve as a modern and contemporary residential complex designed for sustainability. He emphasized that there would be no additional expenses for […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Sunday evening to discuss diversifying gas sources for power stations in Iraq. During the meeting, the delegation's report on their recent visit to Qatar was discussed, led by the Deputy Minister of Electricity. The meeting concluded with an agreement to establish a fixed […]
By John Lee. During a meeting with Turkmenistan's Minister of State for Gas Affairs, Iraq's Deputy Prime Minister for Energy and Minister of Oil expressed the desire to enhance bilateral cooperation in the oil and energy sectors. They discussed expanding mutual collaboration in these fields, highlighting the potential both countries possess. Emphasis was placed on […]
By John Lee. The European Union's Ambassador to Iraq has held discussions with the Iraqi Civil Aviation Authority (ICAA) with the intention of allowing Iraqi Airlines to fly in the EU. Newly-appointed Thomas Seiler said the matter will be discussed regularly, and both sides will work closely together on audits, checks and technical assistance. (Source: […]
By John Lee. State-run Iraqi News Agency (INA) has reported that the management of the West Qurna 1 oil field in northern Basra has announced a plan to increase the capacity of the seventh isolation station to 320,000 barrels per day (bpd) by 2025. The isolation station began production in 1998 at a rate of […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully completed the drilling of the EBSH-54 oil well at the East Baghdad field. The well was drilled to a depth of 3,636 meters, as part of a contract with EBS Petroleum to drill 27 oil wells at the field in collaboration with China Oilfield Services […]
By John Lee. Dr. Qahtan Taha Khalf, the Ambassador of the Republic of Iraq in Moscow, met with Alexey Repik, the President of Business Russia, on Tuesday. Business Russia describes itself as "an All-Russia Public Organization which represents the interests of private non-resource businesses - local industry leaders." During the meeting, they discussed ways to […]
By John Lee. In its 40th regular session, chaired by Prime Minister Mohammed Shia Al-Sudani, the Iraqi Cabinet agreed to increase the capital of the Agricultural Cooperative Bank by nearly 30 percent. The increase, totaling IQD 29,476,500,000 [$22.6 million], will be added to the bank's current capital of IQD 100,600,000,000. In a statement, the Media […]
By John Lee. The Saudi Export Development Authority (SEDA) has organized a trade mission to Iraq under the banner "Made in Saudi Arabia." The mission, held in Basra, aligns with the authority's goal of promoting non-oil Saudi exports, diversifying income sources, and expanding into promising regional and international markets. 28 Saudi companies and 130 Iraqi […]
By John Lee. Iraq's state-run Iraqi News Agency (INA) has quoted the Undersecretary of Extraction at the Ministry of Oil, Bassem Muhammad Khudair, as saying that the contract to develop the Akkas gas field will be granted in the coming days to a Ukrainian company. He did not name the company. Meanwhile, a official statement […]
