By John Lee. Egypt and Iraq have signed 15 Memorandums of Understanding (MoU) to enhance cooperation between the two countries. They signed the agreements in Baghdad in the presence of Iraqi Prime Minister Mustafa Al-Kadhimi and his Egyptian counterpart Mustafa Madbouly who co-chair the Egyptian-Iraqi Higher Committee. The areas covered included health, drugs, maritime logistics, […]
Tag Archives | Egypt
The latest Iraq Diplomatic News – Egyptian National Day, Ebril, Egyptian Consulate and more – brought to you by Iraq Business News
Iraq, Jordan, Egypt Economic Partnership gains Momentum
By Muhammed Magdy for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq, Jordan, Egypt economic partnership gains momentum The tripartite meeting between the foreign ministers of Egypt, Jordan and Iraq, and the ensuing agreements to boost cooperation raises questions about […]
Iraq-Jordan-Egypt summit urges Increased Trade
By Al Monitor staff. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq-Jordan-Egypt summit urges increased trade as security concerns loom over region A one-day summit in Amman, Jordan, on 25th August between Iraq, Jordan and Egypt discussed further economic cooperation and joint […]
GB Auto to Distribute MG Cars in Iraq
By John Lee. Egypt-based GB Auto (Ghabbour Group) has been appointed as the distributor of the Chinese-owned MG car brand in Iraq. According to Trade Arabia, the new partnership will see six MG showrooms opened across the country, in Erbil, Baghdad (on 62 St and at Baghdad Mall), Duhok, Sulaymaniyah and Basrah. Operations are expected […]
GB Auto "ends Hyundai Representation in Iraq"
By John Lee. GB Auto (Ghabbour Group) has reportedly decided to cease its representation of Hyundai passenger cars in Iraq. According to Daily News Egypt, the company rejected Hyundai's new multi-distributor strategy, on the basis that such models never yield proper returns on investment. It adds that Hyundai had a market share of approximately 25 […]
Siemens and Orascom to rebuild Baiji Power Plant
By John Lee. Germany's Siemens and Egypt's Orascom Construction signed an agreement with Iraq’s Ministry of Electricity to rebuild Baiji 1 and Baiji 2 power plants in northern Iraq. The plants will have a combined generation capacity of 1.6 gigawatts (GW) when completed and are a major step in Siemens’ roadmap for rebuilding Iraq's power […]
Egypt keen on joining Reconstruction of Iraq
By Rasha Mahmoud for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Looking to make inroads into reconstruction projects in Libya and Iraq, Cairo kicked off its annual Builders of Egypt Forum, one of the country's biggest events in the construction industry. Egyptian Prime Minister […]
Karbala University taking steps into E-Transformation
As part of the continues support of the United Nations Development Programme (UNDP) to the University of Karbala, a workshop has been conducted for the period 1 to 5 April on the e-learning modules, gathering twenty senior officials and academics from Karbala University, as part of the technical support provided by the Public Sector Modernization […]
Iraq "inches closer to Egyptian, Jordanian Axis"
By Ahmed Gomaa for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Cairo hosted a tripartite summit March 24, bringing together Egyptian President Abdel Fattah al-Sisi, Jordanian King Abdullah II and Iraqi Prime Minister Adel Abdul Mahdi. The summit’s final communique underlined the […]
HEESCO signs Contracts with 3 Int'l Firms
By John Lee. Iraq's Heavy Engineering Equipment State Company (HEESCO) has signed deals with three international companies in the oil, petrochemical and the marine industries: UK-based Weir Engineering Services; Czech-based KPS; Egyptian-based Petrojet. The company, established in 1963, has technological capabilities in the design, manufacturing and installation of the engineering equipment, such as the tanks, boilers, […]
Tags: Czech, Egypt, featured, HEESCO (Heavy Engineering Equipment State Company), KPS, Petrojet, United Kingdom, Weir Group
Iraq to Supply Egypt with another 12m Barrels
By John Lee. The Ministry of Oil announced the renewal of the agreement to supply Egypt with 12 million barrels of crude oil for one year. Ministry spokesman Assim Jihad said that the agreement will be renewed with the same conditions, starting from January 2018. (Source: Ministry of Oil)
Iranian Universities enter Iraq
By Zep Kalb for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. In the aftermath of the US-led invasion of Iraq in 2003, the country's educational system all but collapsed. Illiteracy rates have exploded. Universities have turned into sectarian battlegrounds. Systemic violence — including beatings, rape and […]