By John Lee. The National Investment Commission (NIC) has signed the Task Order for Phase One of developing the Al-Tayeb Specialised Economic Service Zone in Maysan Province, positioning it as Iraq's first integrated economic city. Key Developments: NIC Chairman Dr. Haider Mohammed Makiyah stated that Al-Tayeb Economic City will attract global investors across agriculture, industry, […]
By John Lee. The Government of Japan and UN-Habitat have expanded their joint efforts to support returnees and vulnerable communities in Northern Iraq, in coordination with the Government of Iraq. A new Japanese contribution to the Japan Village Project in Mosul will provide 24 additional social housing units, increasing the total capacity to 500 returnees […]
By John Lee. The China Huanqiu Contracting & Engineering Company (HQC), a subsidiary of the China National Petroleum Corporation (CNPC), has reportedly signed a Project Management Consultancy (PMC) contract for the West Qurna-1 oilfield. According to sina.com.cn, this is CNPC's largest overseas service contract since 2020. In January 2024, PetroChina, also a subsidiary of CNPC, […]
By John Lee. Iraq's General Customs Authority has introduced new customs procedures aimed at enhancing trade efficiency, preventing smuggling, and supporting domestic industries. Key Objectives: Implementing modern electronic systems to reduce delays and streamline processes. Strengthening anti-smuggling measures to protect markets from substandard goods. Ensuring fair trade regulations and compliance among all importers. Encouraging local […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani has inaugurated the Al-Amarah Unified Major Water Project, a 16,000 m³/hour facility aimed at securing potable water supply for all areas of Al-Amarah City in Maysan [Missan] Province. Al-Sudani emphasized that completing stalled infrastructure projects is a top government priority, particularly those that have faced long […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has announced that Iraq's refining capacity will soon reach 1,542,000 barrels per day (bpd) following the expansion of key refineries. During a visit to Maysan province, the Prime Minister inaugurated the Maysan [Missan] Refinery Development Project, which will increase its capacity from 40,000 to 110,000 bpd. He […]
By John Lee. Iraq's Defense Industries Commission (DIC) has announced plans to expand its domestic arms manufacturing capabilities in 2025, with a focus on mortars, field rocket launchers, and artillery systems. The Chairman of the DIC told state-run Iraqi News Agencey (INA) that the move is part of a broader strategy to reduce reliance on […]
By John Lee. The Iraqi Oil Tanker Company (IOTC) has confirmed that the oil tanker 'Akkad' was involved in a collision at Berth 9 in Umm Qasr Port on 29th March 2025, with no reported injuries. Following the incident, Minister of Oil Hayan Abdul Ghani directed the formation of a technical investigation committee to determine […]
By John Lee. Iraq's Minister of Electricity, Eng. Ziyad Ali Fadel, has addressed key energy issues in interviews with Al Arabiya and Al Hadath, outlining government efforts to secure power supply and mitigate potential summer shortages. Key points include: The halt of exemptions has affected 800 MW of electricity imports from Iran, impacting Diyala, Maysan, […]
By John Lee. As part of the government's national program, Iraq's Ministry of Oil has announced the opening of four new liquefied gas (LPG) fueling stations along the international highway connecting Baghdad to the southern provinces. The initiative is led by the General Company for Gas Filling and Services, aiming to expand gas-powered vehicle infrastructure […]
By John Lee. Iraq's Ministry of Agriculture has announced plans to implement vertical farming as part of efforts to optimize land use and reduce reliance on chemical fertilizers. Deputy Agriculture Minister Mahdi Sahar told the state-run Iraqi News Agency (INA) that the technique involves growing crops in stacked layers, using hydroponics and aeroponics instead of […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for February, but has again not disclosed the value of oil exports for the month. This continues the practice of delayed or missing oil export data from the Ministry. Total exports of crude oil: 95,148,167 barrels. Exports from the oil fields in […]
