Tag Archives | cl

Iraq Signs Strategic Agreement with BP for Kirkuk Oil Fields

By John Lee. Iraq's Prime Minister, Mohammed S. Al-Sudani, oversaw the signing of a major agreement between the Iraqi Ministry of Oil and BP for the development and production of four key oil fields in Kirkuk. The contract covers the Kirkuk field (Baba and Avana domes), Bai Hassan, Jambur, and Khabbaz. The signing ceremony on […]

New Sustainable Residential Development in Najaf

By John Lee. Dar Al Omran Rasem Badran (DAO-Badran) has unveiled its latest architectural project in Iraq. Developed in partnership with Al Ghadeer and BMC, Budoor Al-Najaf seeks to establish a human-centred, culturally integrated and environmentally resilient community in Najaf. Spanning approximately 50 hectares [123 acres], the development will house more than 1,400 homes available […]

Al-Fatha Bridge Reconstruction

By John Lee. Prime Minister Mohammed S. Al-Sudani has officially inaugurated the reconstructed Al-Fatha Bridge over the Tigris River, restoring a crucial transportation link between Salah al-Din and Kirkuk Governorates. The 540-meter bridge, which was destroyed during the war against ISIS, has been rebuilt with enhanced capabilities following the Prime Minister's directive to accelerate its […]

New Facility to make Cancer Drugs in Karbala

By John Lee. Prime Minister Mohammed S. Al-Sudani has inaugurated the new "Hydrogen" Pharmaceutical Plant in Karbala Governorate, specializing in the production of cancer treatment medications. The state-of-the-art facility is part of the government's strategic initiative to localize pharmaceutical production, positioning Iraq as a regional leader in the manufacturing of complex medications at affordable costs. […]

BP Signs Initial Agreement to Develop Kirkuk Oilfields

By John Lee. Iraq's Ministry of Oil has signed an initial agreement with BP to develop four oilfields in Kirkuk. The agreement, signed by North Oil Company (NOC) and North Gas Company (NGC), covers the development of the Avana and Baba domes of Kirkuk, Bai Hassan, Khabbaz, and Jambur fields. Minister of Oil Hayan Abdul […]

New Steel Factory to be built in Salah al-Din

By John Lee. Prime Minister Mohammed S. Al-Sudani has remotely inaugurated the Al-Dhawari Iron and Steel Factory in Sulaiman Bek, Salah al-Din Governorate, marking a significant advancement in Iraq's industrial capacity. The private sector project represents a successful model for industrial development in Iraq, with the Prime Minister highlighting its importance amid rising construction activity […]

Mike Waltz: Investment Coordinator should facilitate US Business in Iraq

By John Lee. US National Security Advisor Mike Waltz held a call with Iraqi Prime Minister Mohammed S. Al-Sudani on Sunday, reaffirming Washington's commitment to strengthening bilateral relations with Baghdad. Mr. Waltz extended Ramadan greetings and expressed concern over recent flooding in Baghdad. Discussions focused on economic cooperation, with Prime Minister Al-Sudani outlining his government's […]

BP Signs Agreement for Kirkuk Oil Fields Development

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 […]

Economist: Trump Oil Policy may Harm Iraq, Devalue Iraqi Dinar

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 […]

Iraq should Develop Shipbuilding Industry, says Shipping Exec

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 […]

Video: Tabaqchali on Iraqi Markets, AI, and Cryptocurrency

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 […]

AMAR Yazidi Women's Peace Choir Tours UK

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 […]