By John Lee. Iraqi Airways will begin direct flights between Basra and Baku today (Wednesday), operating one flight per week as part of plans to expand its international network and meet growing demand for travel. The company's Director General, Manaf Abdul Moneim, said the new route responds to increased seasonal demand and gives passengers from […]
By John Lee. Iraq's Ministry of Planning has held a meeting with representatives of the World Bank to discuss cooperation on supporting entrepreneurship, empowering small and medium-sized enterprises (SMEs), and creating a more efficient and attractive business environment for investment. According to a statement from the Ministry, Sunday's meeting discussed a proposed programme aimed at […]
By John Lee. Basra Oil Company (BOC) has signed a five-year contract with US firm Halliburton for the integrated management of the Nahr Bin Umar oil field and Sindbad field. The signing took place under the auspices of Minister of Oil Basim Muhammad Khudhair al-Abadi, in line with government plans and directives from Prime Minister […]
By John Lee. The Council of Ministers has approved the signing by Basra Oil Company (BOC) of a Heads of Agreement (HOA) and a non-disclosure agreement (NDA) with a consortium comprising US firm Capital TI, Qatar's UCC [Urbacon Trading & Contracting], and US major Chevron. The approval allows for a state-owned company to be added […]
By John Lee. Iraq's Minister of Industry and Minerals, Mohammed Nouri, received his Jordanian counterpart, Minister of Industry, Trade and Supply Yarub Qudah, along with an accompanying delegation, on Thursday. The two sides held a meeting to discuss ways of strengthening industrial and trade cooperation, and expanding joint coordination in areas serving the shared interests […]
By John Lee. Iraq's Prime Minister, Ali al-Zaidi, held talks on Thursday with a Jordanian ministerial delegation led by Jordan's Minister of Industry, Trade and Supply, Yarub Falah Al-Qudah, with Iraq's Minister of Industry and Minerals, Mohammed Nouri Ahmed, also in attendance. According to the Ministry of Industry and Minerals, the Jordanian delegation also included […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq And Türkiye Reach One-Year Oil Export Protocol Through Ceyhan Pipeline Iraq and Türkiye have agreed on a one-year temporary protocol to ensure the continuation of oil exports through the pipeline linking the Kurdistan […]
By John Lee. Seven OPEC+ countries, including Iraq, have agreed to a production adjustment of 188,000 barrels per day (bpd) from the additional voluntary adjustments announced in April 2023, to be implemented in August 2026. The countries, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, met virtually on 5 July 2026 to review global […]
By John Lee. German firm HORN Glass Industries AG, the has signed a contract with Al Rida Investment to build a new float glass plant in Najaf, with a production capacity of 800 tonnes per day. The plant will be equipped with the latest technology and is intended to contribute to expanding glass production capacity in […]
By John Lee. Iraq's Ministry of Trade has held a virtual seminar aimed at helping the country's date industry meet European Union requirements and expand export opportunities into European markets. The event, titled "Standards for the Entry of Iraqi Dates into European Markets", was organised by the ministry's Private Sector Development Department, in cooperation with […]
By John Lee. The Ministry of Industry and Minerals has held a meeting to discuss the regulation of motorcycle and spare parts imports, chaired by the ministry's Undersecretary for Planning Affairs and head of the technical team studying the import ban policy, Ahmed Abdul Jabbar Al-Karim. The meeting was attended by representatives of the Ministries […]
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? […]
