The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
By John Lee. Chinese automobile brand Exeed has confirmed that it is entering the Iraqi market. After launching in several gulf states, the car-maker has said it is now ready to establish new dealerships in Iraq. The brand, which specialises in premium SUVs, was introduced by China's Chery Automobile in 2017. (Source: Exeed)
One of the greatest obstacles facing many telecommunication companies across the world is their capacity and ability to combat gaming download speeds and latency. With the development of broadband and gaming occurring side by side, every company in this domain must do all they can to satisfy gamers internationally. With an expected mobile game user […]
By John Lee. Ishtar Gate Company for E-Payment Systems and Services, an Iraq-based fintech company, has reportedly released an app that allows users to trade US-listed stocks via a mobile app called Bluepay. According to Newsfile, the company was recently approved by the Central Bank in Iraq (CBI) as the "first and only company to […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi PM calls for closer ties with China During the Arab-China Summit in Riyadh, Muhammad Shia al-Sudani expressed Iraq's willingness to join the Belt and Road Initiative and expand ties and […]
Today, iQ proudly reveals its groundbreaking partnership with Tencent. In a bid to improve gaming latency and establish itself as a telecommunication pioneer, iQ has become the gaming publisher's first partner in Iraq, as well as one of its few partners in the region. iQ will provide Tencent with powerful servers and unmatched connectivity to […]
On June 8th, 2021, Mustafa Al-Kadhimi, Prime Minister of Iraq, hosted a contract signing ceremony between CSCEC (China State Construction Engineering Corporation) and the bureau of civil aviation of Iraq on the construction of the Nasiriyah International Airport. With a contract amount of 367 million USD, the project includes the construction of a terminal building, […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's New Prime Minister Doubles Down On Oil & Gas Deals With China And Russia It is possible that U.S. Secretary of State, Antony Blinken, believed for a moment that […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Kurdistan government in Iraq hopes digitalization will bring investment The Kurdistan Regional Government has made progress digitizing government services, but investors say more is needed to attract serious capital […]
By John Lee. China Petroleum Engineering & Construction Corp (CPECC) has reportedly signed a contract for the design, procurement, construction and testing of new crude oil processing facilities at Iraq's giant Rumaila oilfield. According to a report from the China International Contractors Association, the facility in Mishrif Qurainat (MQ) is the first new crude oil […]
By John Lee. The Iraqi Oil Exploration Company has signed a contract with China National Offshore Oil Corporation (CNOOC) to study Iraq's offshore oil block in the Gulf. The Undersecretary for Extraction Affairs represented the Oil Minister, Mr. Ihsan Abdul-Jabbar Ismail, at the signing ceremony. The General Manager of CNOOC Middle East and Iraq said […]
Chinese electrical appliance manufacturer Midea Group has appointed Al Hafidh as its distributor in Iraq. According to a press release, Al Hafidh is one of the biggest Iraqi-owned conglomerates, while Al Hafidth Home Appliances is widely recognized for its uncompromising commitment to quality and excellence and for being a customer-centric business organization. Distribution is scheduled […]
By John Lee. Prime Minister Mustafa al-Kadhimi has laid the foundation stone for the project to build 1,000 schools across Iraq. The schools will be built with support from the People's Republic of China.. Contracts for the project were signed last December with the Power Construction Corporation of China (PowerChina) and Sinotech. (Source: Media Office […]
