The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
By John Lee. A memorandum of understanding (MoU) has been signed between Al-Salam General Company and Chinese telecoms firm ZTE at the Iraq International Exhibition and Conference ITEX5-2026, covering technology cooperation and manufacturing transfer. The signing was held under the patronage of Communications Minister Mustafa Jabbar Sanad. (Source: Ministry of Communications)
By John Lee. A memorandum of understanding (MoU) has been signed between the Informatics and Telecommunications Public Company (ITPC) and China's Huawei, for the establishment of data centres and the development of international partnerships to deliver high-quality services. The agreement was signed on the sidelines of the Iraq International Exhibition and Conference ITEX5-2026, under the […]
By John Lee. Sweden's Newbury Pharmaceuticals AB has signed a ten-year exclusivity agreement with an unnamed Chinese pharmaceutical manufacturer, granting it exclusive rights to register, market and sell a portfolio of 40 products in Iraq. The deal was signed through its subsidiary Newbury Pharmaceuticals S.A. The portfolio centres on injectable medicines for hospital and acute care […]
By John Lee. Iraq's Ministry of Transport has held discussions with Huawei and Uruk Engineering Services in China on the potential adoption of smart port technologies and digital logistics solutions. A ministry delegation attended the Huawei Connect 2026 exhibition in Shanghai and made a field visit to Tianjin Port to observe its smart port and […]
By John Lee. A new gas processing unit with a capacity of 30 million standard cubic feet per day (mmscfd) has opened at the East Baghdad oil field (southern section). According to the Ministry of Oil, processed gas from the unit will be fed directly to the Bismaya power station via a pipeline constructed by […]
By John Lee. Sinopec (China Petroleum & Chemical Corporation) has awarded a Marine Warranty Survey (MWS) contract to New Wave Offshore Energy in support of the Associated Gas Upstream Project (AGUP) Phase 2 in southern Iraq, part of the Gas Growth Integrated Project (GGIP) operated by TotalEnergies alongside its partners Basra Oil Company (BOC) and […]
By John Lee. A new automotive facility for the OMODA and JAECOO brands has opened in Erbil, bringing sales, after-sales, spare parts and customer support under one roof. The site is operated by Jameel Motors Iraq, the official distributor of both Chinese brands in the country. The facility occupies approximately 9,000 square metres and includes: […]
By John Lee. Iraq's Ministry of Trade has outlined plans to tighten import controls and expand the reach of Iraqi goods into regional and international markets. Mohammed Hannoun, the ministry's official spokesman, told the state-run Iraqi News Agency (INA) that the ministry is working to regulate the import process in line with legal frameworks, balancing […]
By John Lee. Work is under way to accelerate construction of the Samawah solar power station in southern Iraq [Muthanna], to be built in two phases with a combined capacity of 750MW. The project is being carried out by Power Construction Corporation of China (PowerChina). According to Iraq's Ministry of Electricity, the first phase will […]
By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why The U.S. Is Racing To Lock Down Iraq's Most Explosive Geopolitical Gas Prize Sharing its eastern border with Iran, its northern border with Turkey, its western border with Syria and […]
By John Lee. A memorandum of understanding has been signed for the development of Diwaniyah International Airport and a free zone in the province. The governor of Diwaniyah, Abbas Shuail Al-Zamili, signed the MoU with Al-Balaghi and Chinese firm China CAMC Engineering, described as a strategic step to support commercial and investment activity in the […]
By John Lee. Iraq's Ministry of Finance has held talks with a delegation from the Chinese-based Asian Infrastructure Investment Bank (AIIB) on financing infrastructure projects and supporting development priorities in Iraq. The delegation was led by Konstantin Limitovsky. According to the Ministry of Finance, discussions covered the bank's activities in financing transport, energy, water, and […]
