By John Lee. BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. The agreement, signed in Baghdad on Tuesday under the patronage of Prime Minister Mohammed Shia Al-Sudani, encompasses oil, gas, power and water development, with potential for future […]
By John Lee. A leading Iraqi economist has predicted that US President Donald Trump's pressure to reduce oil prices will harm the Iraqi economy, and could lead to a devaluation of the Iraqi dinar. In a post on Facebook, Dr Nabil Jaafar Al-Marsoumi, former Professor of Economics at Basra University, and member of the Advisory […]
A shipbuilding executive has highlighted the need for shipyard development in Iraq's Basra governorate. Speaking recently at TEDx Baghdad, Abdullah Shaban, Executive Manager and Shipbuilding Engineer at Al Zaman Group, emphasised that Iraq remains the only Arabian Gulf nation without shipyard facilities, citing inadequate infrastructure as the primary obstacle. He outlined three key benefits of […]
By John Lee. In a new video from AI4Iraq, Ahmed Tabaqchalli, Chief Strategist at AFC Iraq Fund, discusses the progress of capital markets in Iraq, the impact of artificial intelligence and the future of crypto currency. AI4Iraq is a non-profit organisation with roots in Iraq, Lebanon and Hong Kong. According to its website: "We are […]
The AMAR 'Ashty' Yazidi Women's Peace Choir, a symbol of resilience and cultural preservation, is set to embark on a groundbreaking tour of the United Kingdom. The tour will feature live performances and recording sessions, showcasing the rich heritage of the Yazidi community. Comprising eight talented singers from the Khanke refugee camp near Dohuk in […]
By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makkiya, has met with the Lebanese Minister of Economy and Trade, Mr. Amin Salam. During the meeting, Makiya affirmed Iraq's desire to expand cooperation in the investment sector. The NIC chairman stated that the Iraqi government aims to achieve integration in […]
By John Lee. The International Organization for Migration (IOM) has issued a new 18-page report titled, 'Climate Vulnerability Assessment in the Kurdistan Region of Iraq'. The report highlighted a number of points: Iraq, including the Kurdistan Region of Iraq (KRI), is facing various challenges related to climate change and environmental degradation, such as rising temperatures, […]
By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makiyya, signed a cooperation protocol with Ms. Nada Laiqa, Director General of the Syrian Investment Agency (SIA), on attracting foreign direct investment (FDI). Attended by representatives from the Ministries of Oil and Communications, the protocol discussed cooperation details between Baghdad and […]
By John Lee. US-based Amentum Services has been awarded a $43,903,867 hybrid (cost-no-fee, cost-plus-fixed-fee and firm-fixed-price) contract to establish and start up two new regional logistics hubs in Iraq, and to provide advise and assist services. Bids were solicited via the internet with one received. Estimated completion date is 9th August, 2027. Amentum was created […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani met with Mr. Dai Houliang, Chairman of the Board of Directors of the China National Petroleum Corporation (CNPC), and an accompanying delegation. Al-Sudani affirmed Iraq's keenness to develop relations with China across various sectors, emphasizing that the presence of Chinese companies, including in the oil sector, […]
By John Lee. Iraq's National Investment Commission (NIC) hosted the first technical meeting on the National Climate Investment Plan last week, in cooperation with the United Nations Development Programme (UNDP). Dr. Muna Al-Jabri, head of the technical team representing the NIC, affirmed that this meeting is a continuation of the plan's launch, which is part […]
By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makiyya, has met with the Lebanese Prime Minister, Mr. Najib Mikati. They discussed extending a fiber optic cable project from Iraq through Syria and Lebanon, emphasizing the importance of integration in vital and strategic projects among regional countries. Makiya stated that […]
