By John Lee. Iraq's Council of Ministers has approved the following recommendations for importing urea and DAP (di-ammonium phosphate) fertilizers: Cancel import licenses for urea and DAP fertilizers. Allow private and mixed-sector companies, licensed agricultural offices, and the General Union of Agricultural Associations to import urea and DAP fertilizers without an import license. Allow entry […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for February: Revenues achieved: 7.081 billion dollars Total exported quantities of crude oil: 92,255,610 barrels Exported quantities from central and southern Iraq: 89,140,448 barrels Exported quantities from Kirkuk through Ceyhan port: 2,834,393 barrels Average daily quantities exported: 3.295 million barrels per day, slightly […]
By John Lee. A delegation from Power China visited the Ministry of Transport and the General Railway Company earlier this week to discuss their proposals regarding the train sector. The Director General of Railways, Eng. Younes Khaled Jawad, stated that the meeting involved a discussion on Power China's offers for the manufacturing of trains and […]
By John Lee. On February 13, 2023, the ambassadors of the Iraq Economic Contact Group (IECG), under German co-chairmanship, met with representatives of the Iraqi parliament's finance committee to exchange views on key economic reforms and ongoing budget negotiations. Ambassador Jäger reiterated the offer of support from the G7 countries to assist Iraq in furthering […]
By John Lee. The Iraqi Minister of Interior, Abdul Amir Al-Shammari, and its Saudi counterpart have signed a security memorandum of understanding, which is the first of its kind since 1983. The agreement includes various forms of security cooperation, exchange of ideas, and joint security efforts to enhance security for both countries. The signing was […]
By John Lee. The Minister of Industry and Minerals, Prof. Dr. Eng. Khaled Battal Al-Najm, met with a delegation from the Sultanate of Oman to discuss opportunities for cooperation in the fields of phosphate and fertilizer industries. Iraq has a large stockpile of phosphates and is ready to partner with Oman to build a new […]
By John Lee. Iraq's Ministry of Construction, Housing and Public Municipalities has announced the completion of the Arar-Anaza road project. The project was overseen by the Roads and Bridges Department of the Ministry and executed by the Ashur General Company for Construction Contracting. This 29-km road, with a width of 6.3 meters, was completed at […]
By John Lee. Prime Minister Mohamed Shia Al-Sudani met on Thursday evening in Abu Dhabi with a number of Emirati businessmen and heads of prominent companies, on the sidelines of his official visit to the United Arab Emirates. The meeting included a review of the available prospects for investment and economic cooperation with Iraq, and […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully drilled a new oil well in the Zubair oil field at a depth of 2,472 meters. The well is the 14th of 37 to be drilled at the field as part of a contract with the Italian company ENI, in cooperation with Schlumberger. This is […]
By John Lee. Iraq's Minister of Industry and Minerals, Professor Dr. Eng. Khaled Battal Al-Najm, met with the French Ambassador to Iraq, Mr. Eric Chevalier, on February 7, 2023, in the presence of a representative from the Iraqi Ministry of Foreign Affairs. The Minister expressed his desire to enhance cooperation with France in various industrial […]
By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Muhammad Makiya, has met with Sheikh Hazar Al-Zibari, Chairman of Hazar Group, which is the Iraqi partner of the Turkish YDA Holdings . During their meeting, Sheikh Al-Zibari discussed various projects that the group intends to implement in Iraq, including residential city […]
By John Lee. At a meeting on Wednesday attended by the Minister of Transport, the Prime Minister, and a number of general managers, the details of Iraq's "Dry Canal" project were reviewed. The project will link Iraq's Grand Faw port, which is still under construction, by rail to the Mediterranean, with the intention of providing […]
