By John Lee. Iraq's Ministry of Oil has begun the initial stages of trial operations at the North Refinery-2 and Salahuddin Refinery-3, with a combined refining capacity of 140,000 barrels per day (70,000 bpd each), according to Adnan Mohammed Hamoud, the Deputy Minister of Oil for Refining Affairs. Hamoud described the achievement as one of […]
By John Lee. Greek Minister of Foreign Affairs George Gerapetritis met recently in Baghdad with Iraq's Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, where they discussed ways to enhance cooperation across a wide range of sectors including trade, investment, energy, academia, tourism, agriculture, construction, and water management. Minister Gerapetritis highlighted Iraq as […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Monday received Mr. Hisham Talaat Moustafa, Chairman of Egypt's Talaat Moustafa Group (TMG) along with his accompanying delegation. The meeting was attended by the Chairman of the National Investment Commission (NIC) and the Saudi Ambassador to Iraq. The discussions focused on the Al-Rafeel [Rafael] Economic City […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Sunday chaired a meeting to follow up on the latest measures and steps taken regarding the implementation of the Baghdad Metro project. The meeting was attended by the Mayor of Baghdad, the head of the Iraq Development Fund, a number of advisers, representatives of diplomatic missions, […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Saturday laid the foundations of three integrated water and infrastructure projects in the districts of Al-Shafiya, Nafar, and Al-Salahiya in Al-Diwaniyah province. The projects, covering wastewater, stormwater, transmission lines, and pumping and treatment stations, have a total cost of approximately 114 billion Iraqi dinars (about USD […]
By John Lee. Turkey's Minister of Trade, Prof. Dr. Omer Bolat, has affirmed that Turkey will assume a key role in Iraq's reconstruction, supported by the experience of Turkish contractors who have completed projects worth $36.6 billion in the country. Speaking in Baghdad at the Iraq General Trade and Contracting Delegation Meeting -- organised by […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Sunday presided over the signing ceremony of the implementation mechanism for the framework cooperation agreement between Iraq and Turkey in the field of water. The agreement was signed by Iraq's Foreign Minister Fuad Hussein and Turkish Foreign Minister Hakan Fidan. Prime Minister Al-Sudani stated that the […]
By John Lee. Rabee Securities (RS) has announced the launch of two new market indices designed to broaden investment perspectives and enhance sector-focused analysis within the Iraqi market. 1. RS Iraq Halal Companies Index (RSIHX) The RSIHX is a price return index that tracks the performance of companies operating in accordance with Islamic principles. The […]
By John Lee. Deputy Prime Minister for Energy Affairs and Minister of Oil, Engineer Hayan Abdul Ghani Al-Sawad, inaugurated on Sunday the OT2 and OT3 oil processing facilities at the West Qurna-1 field, with a combined capacity of 210,000 barrels per day. The Minister explained that the project includes the construction of two new crude […]
By John Lee. Ukrzemresurs LLC, a Ukrainian gas producer and operator of the Akkas gas field in Iraq since 24 April 2024, has announced that it has filed a claim with the International Court of Arbitration of the International Chamber of Commerce (ICC) to protect its rights as operator and investor under the Gas Development […]
By John Lee. KRG Prime Minister Masrour Barzani recently opened the Megal Project in Erbil -- a $100 million private-sector investment in agriculture, livestock, and the food industry. The project spans 366 acres and includes a slaughterhouse, shopping centre, animal control and wastewater treatment facility, waste incineration unit, and landscaped areas - all designed to […]
By John Lee. As part of efforts to strengthen academic and research collaboration, Baghdad University received Dr. Masoud Tajrishi, President of Iran's Sanati Sharif University, and his accompanying delegation. The visit aimed to enhance mutual cooperation and develop scientific partnerships between the two institutions. The visiting delegation was welcomed by Professor Dr. Baha Ibrahim Insaf, […]
