By John Lee. The Iraqi Civil Aviation Authority (ICAA) has extended the closure of Iraqi airspace to all arriving, departing and transit aircraft until 12:00 noon on Thursday. The authority said the decision was taken as a temporary and precautionary measure, based on an ongoing assessment of the security situation and in light of regional […]
By John Lee. DNO has outlined the licence timelines and expected production outlook for its development and production assets in the Kurdistan Region of Iraq. In its recently-issued Annual Report for 2025, the company said the Tawke licence is due to expire in 2026, but includes an automatic five-year extension option that would extend the […]
By John Lee. State-owned Rafidain Bank has launched the 59th round of its "Leadership and Excellence" initiative to support small and medium-sized enterprises (SMEs). According to the bank, the new round allocates a total of IQD 1 billion (approximately $763,000) to 93 beneficiaries. The programme forms part of the entrepreneurship financing initiative supported by the Central […]
By John Lee. The World Bank has imposed a sanction of debarment with conditional release on the Turkish company Aktif Elektroteknik San ve Tic A.S. following findings of corrupt and fraudulent practices in Iraq. It said the company has been debarred for a minimum period of one year and three months. The firm may only be […]
By John Lee. The Iraqi Civil Aviation Authority (ICAA) has extended the closure of Iraqi airspace to all arriving, departing and transit aircraft until 12:00 noon on Monday. The authority said the decision was taken as a temporary and precautionary measure, based on an ongoing assessment of the security situation and in light of regional […]
By John Lee. Iraqi General Company for Exhibitions and Commercial Services has confirmed new dates for the 50th Baghdad International Fair, scheduled to take place from 23-29 January 2027. The company, which operates under the Ministry of Trade, said the new schedule replaces the previously planned dates of 1-7 February 2027. Director General Dr Mustafa […]
By John Lee. U.S. Central Command (CENTCOM) has confirmed the loss of a U.S. KC-135 Stratotanker aerial refuelling aircraft during operations over Iraq. According to a statement issued on 12th March 2026, the incident occurred in friendly airspace during Operation Epic Fury and involved two aircraft. One of the aircraft went down in western Iraq, […]
By John Lee. Iraq's State Oil Marketing Organization (SOMO) has expressed strong concern following attacks on two oil tankers operating within Iraqi territorial waters. According to SOMO, the tanker SAFESEA VISHNU, flying the flag of the Marshall Islands and chartered by an Iraqi contracting company, and the tanker ZEFYROS, flying the Maltese flag and carrying condensate […]
By John Lee. Iraq's Ministry of Interior has been authorised to contract with the Military Industrialization Authority (MIA) to purchase a system designed to counter unmanned aerial vehicles (UAVs). According to the Prime Minister's Office, the Council of Ministers approved granting the ministry the authority to conclude the contract as part of efforts to strengthen Iraq's […]
By John Lee. Chevron has received approval from Iraq's Council of Ministers for the final terms and conditions of a framework agreement with the Ministry of Oil concerning the management and operation of the West Qurna 2 oil field. According to the Prime Minister's Office, the agreement is between the Ministry of Oil, represented by […]
By John Lee. The State Company for Construction Industries, part of Iraq's Ministry of Industry and Minerals, has announced the launch of production at the Baghdad Brick Plant following a comprehensive rehabilitation and modernisation programme carried out with private-sector participation. The plant's Turkish-origin production line has been upgraded with modern industrial technologies and converted to a […]
By John Lee. Gocay Insaat of Turkey has been granted an additional extension to enable it to issue the required bank guarantee for the infrastructure project in Samarra. According to the Prime Minister's Office, the Cabinet approved the extension to allow the company to complete the procedures for obtaining the guarantee from the relevant banks […]
