The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
By John Lee. Progress on combined-cycle power generation projects in four central Iraqi provinces has been reviewed in a meeting between the Minister of Electricity and representatives of Chinese contractor Shanghai Electric. The projects cover stations in Najaf, Karbala, Diwaniyah, and Babil. According to the Ministry of Electricity, Minister Ali Saad Wahib directed the company […]
By Noam Raydan, for Seatrade Maritime. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Despite Pipeline Talks, Hormuz will Remain Key to Iraq's Oil Exports Amid the protracted crisis in the Strait of Hormuz, Iraq has been racing to find new outlets and […]
By John Lee. Iraq's Ministry of Oil has issued an update on the new hydrocarbon discovery at the Qurnain exploration block in Najaf province, Spokesman Salim al-Rakabi told state-run Iraqi News Agency (INA) that the first exploratory well yielded promising indications of light crude oil, adding that the assessment programme has begun, with the first […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What Iraq could Learn from China's Rural Revival For decades, the prevailing wisdom across Iraq and much of the region has been that opportunity lies in the city. Villages steadily emptied as successive […]
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. Inside Washington's Quiet Bid to Break China's Grip on Iraq It looks like the U.S.'s renewed engagement with Iraq could signal a major shift back in Baghdad's geopolitical alignment away from […]
By John Lee. The State Company for Marine Transport (SCMT) has taken initial delivery of 15 new boats and three ferries under a contractual agreement with China. The fleet includes modern tourist boats, two passenger ferries with a capacity of 200 passengers each, and a large multipurpose ferry capable of carrying 500 passengers and 80 […]
By John Lee. A new showroom for China's Geely cars has opened at Baghdad Mall in Al-Harthiya. Operated by Tareeq Al Majal, it will offer the Coolray and Emgrand models alongside after-sales support and parts. The company, a joint venture between Iraqi conglomerate Al Majal Group and Al-Markazia, an automotive group headquartered in Jordan, became […]
By John Lee. A seismic survey contract has been signed between the Iraq Oil Exploration Company and Sinopec (China Petroleum & Chemical Corporation) for a 2D seismic survey programme in Muthanna province. The contract covers the Addan 2D programme. The contract was signed on Thursday in the presence of Minister of Oil Basim Muhammad Khudhair […]
By John Lee. A new sixth-generation fibre optic cable production line has been installed at Diyala General Company [Diyala State Company], a subsidiary of the Ministry of Industry and Minerals, with a design capacity of 15,000 kilometres per year. The line was installed under a partnership agreement with Al-Manthiqa Al-Dhakiyya General Trading and Telecommunications Services […]
By Salam Jabbar Shihab, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How Do Businessmen Manage the Economy When They Hold Power? And Do They Shift the Principle of Economic Management from Patronage to Added Value? […]
By John Lee. Iraq's Communications Minister, Mustafa Jabbar Sanad has chaired a meeting with Chinese telecoms firm Huawei to discuss the rollout of fifth-generation (5G) network technology in the country. According to the Ministry of Communications, the meeting, attended by senior ministry officials, reviewed the readiness of infrastructure for 5G services and followed up on […]
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. The Clock Is Ticking Down To Iraq's Economic Disaster On 27 July OPEC's second-largest oil producer, Iraq, has less than two months before it loses the key means to export its […]
