The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
By John Lee. The foundation stone of Motorplex Iraq, described as the Kurdistan Region's largest integrated automotive project, has been laid in Zakho. The project is being developed by Harlem Group and Muhanad Group, with Kurdistan Region Prime Minister Masrour Barzani officiating at the ceremony. Spanning more than 225,000 square metres, the development is designed […]
By John Lee. A memorandum of cooperation has been signed between the General Company for Telecommunications and Informatics and China's Huawei, aimed at strengthening strategic partnership, developing telecommunications and information technology infrastructure, and supporting digital transformation in Iraq. The agreement was concluded during a visit to China by Minister of Communications Mustafa Jabbar Sanad. (Source: […]
By John Lee. A new automotive centre has opened in Zakho in the Kurdistan Region of Iraq. The facility was developed by Harlem Group in partnership with Muhanad Group and spans close to 200,000 square metres. The centre covers vehicle reception and preparation, pre-delivery inspection (PDI), accessory fitting, vehicle care, spare-parts warehousing, body repair, quality […]
By John Lee. An agreement has been signed to build an automotive manufacturing plant in Zakho, in Iraq's Kurdistan Region. The contract was signed between Harlem Group and China's Jetour International, marking what the companies describe as the first and largest domestic automotive manufacturing project in the Region, covering more than 1,000 dunams. The contract […]
By John Lee. Plans for a network of specialist trade showrooms selling Chinese construction materials in Baghdad and across Iraq's provinces are under discussion. According to the Ministry of Transport, a Chinese delegation met with the director-general of the General Company for Trading in Construction Materials, Engineer Areej Hussein al-Jumaili, to explore the project. Talks […]
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. Chevron Moves to Take Over Russia's Most Prized Iraqi Oil Field Back in February, U.S. oil and gas giant Chevron signed four preliminary agreements with Iraq's Oil Ministry, which underscored that […]
By John Lee. Combined-cycle units with a capacity of 125MW each are under construction at the South Baghdad Gas Power Station and the Khor al-Zubair power station, with both units planned to enter service before next summer. According to Iraq's Ministry of Electricity, a meeting was held on Sunday between Mohammed Naama al-Tufeili, Undersecretary for […]
By John Lee. China's ZTE Corporation has signed a Memorandum of Understanding (MoU) with Mannai Digital Transformation, a regional ICT solutions and services provider, at the 5th Iraq International Telecommunications and Information Technology Exhibition and Conference (ITEX IRAQ 2026). Communications Minister Mustafa Jabbar Sanad attended the signing. The MoU focuses on digital transformation in Iraq, […]
By John Lee. A delegation of Chinese companies specialising in investment, banking, and trade has met with Iraq's Minister of Trade to discuss potential partnerships and economic cooperation. The delegation presented a range of proposals and projects relating to investment, business development, and partnership frameworks. The meeting emphasised the importance of engaging with international investment […]
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 […]
