By John Lee. Hiwa Rauf for Investment & Development (HRID) and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a financing partnership mandate for Downtown Slemani, Iraq's first certified sustainable mixed-use real estate development. The agreement was announced during IFC Partnerships Day in Iraq, held under the patronage of […]
By John Lee. Iraq's State Oil Marketing Organisation (SOMO) reportedly announced on Tuesday that it has concluded all contracts and obligations with buyers of oil produced in the Kurdistan Region. The company emphasised that resuming exports from Kurdistan would restore Iraq's role as a key supplier to the European market. SOMO Director General Ali Nizar al-Shatri […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has inaugurated the Al-Nisour Square development project in Baghdad, part of the government's first package of traffic decongestion initiatives in the capital. The project was executed by China's Transtech Engineering Corporation, an independent legal entity of China Railway International Group, which in turn is described as […]
By John Lee. National Security Advisor Qasim al-Araji met on Tuesday with Russian Security Council Secretary Sergei Shoigu and his accompanying delegation, in the presence of the Russian Ambassador in Baghdad. Al-Araji welcomed the visit, noting that Iraq is pursuing wider cooperation with all countries to serve mutual interests. Discussions focused on strengthening bilateral relations […]
By John Lee. TotalEnergies, in partnership with Basra Oil Company (30%) and QatarEnergy (25%), has signed the final contracts of the Gas Growth Integrated Project (GGIP) at the Ratawi [Artawi] field in Basra, under the patronage of Prime Minister Mohammed Shia al-Sudani. The agreements include: a joint operating contract between the Ministry of Oil, Basra […]
By John Lee. Central Bank of Iraq (CBI) Governor Ali Mohsen Al-Alaq has met with Bank of England Governor Andrew Bailey in London to discuss strengthening cooperation between the two institutions. Talks focused on digital transformation, lessons from the Bank of England's recent banknote modernisation, and studies on digital currencies. Al-Alaq also highlighted Iraq's monetary […]
By John Lee. Iraq's Ministry of Oil has confirmed the allocation of 18,000 residential land plots to employees of state-owned oil companies in Basra. The announcement was made on Monday by Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani. Half of the plots will be distributed to Basra Oil Company (BOC) staff, […]
By John Lee. Asiacell has announced the launch of Voice over WiFi (VoWiFi) for the first time in the Iraq. According to a press release, the new service allows subscribers to make clearer and more reliable calls wherever mobile coverage may be weak, such as in high-rise buildings, basements, or remote areas. Customers can use […]
By John Lee. The State Company for Food Products, part of the Ministry of Industry and Minerals, has signed a partnership contract to rehabilitate and operate several production lines at the Al-Maamoun Factory, as part of its plan to modernise operations and strengthen its presence in the local market. Director General Eng. Haider Shwea said […]
By John Lee. Deputy Prime Minister and Foreign Minister Fuad Hussein inaugurated on Wednesday, 10 September 2025, the new 'Tasheel' service for the electronic authentication of documents through secure mail at the Ministry's Consular Department. The launch was attended by Consular Department Director Dr. Falah Abdul Hassan and representatives from the Ministry of Communications. Minister […]
By John Lee. Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani Al-Sawad, has met with the World Bank's Director on the sidelines of the Gastech exhibition and conference. The discussions covered issues related to oil and the wider economy. The meeting was also attended by Deputy Minister for Gas Affairs, […]
By John Lee. The Iraqi Cabinet has approved key contracts as part of efforts to advance the development of the Artawi oilfield. The Council of Ministers endorsed the award of the Networks and Well Platforms (NWP) tender for Phase Two of the field to Sinopec, the Chinese oil services company. It also approved an exception […]
