The latest Iraq Diplomatic News – Egyptian National Day, Ebril, Egyptian Consulate and more – brought to you by Iraq Business News
By John Lee. The Wall Street Journal and Reuters report that Iraq has shortlisted 12 international companies to build the new $18-billion oil export pipeline to Jordan, the country's first such pipeline in decades. Iraq's oil ministry has chosen these companies from a list of more than 80 international firms which submitted their credentials to build […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The June 30 events in Egypt deserve to be carefully and attentively interpreted at all levels, as far as Iraq is concerned. The rapid political change in Egypt did not take […]
By John Lee. Iraq has agreed in principle to offer a three-month, interest-free credit term to Egypt on its deal to sell 4 million barrels of crude a month. According to the report from Dow Jones Newswires, the move could ease the fuel shortage that has recently hit the Egyptian economy. Baghdad is to supply […]
Officials in Egypt have announced a new 2-million m2 free zone for Egyptian industrial projects in Iraqi Kurdistan. Following a meeting with the KRG's Minister of Trade and Industry, Sinan Chalabi [Senan Jalabi], the Chief of the Egyptian Commercial Body, Anwar al-Sahrjty, said: "The two sides agreed to study the possibility of establishing Egyptian plants […]
The Iraqi embassy in Cairo says there are "no further plans" regarding an oil pipeline from Iraq to Egypt, but confirmed that Iraq's State Company for Oil Projects (SCOP) signed an agreement for the export of oil to Egypt. "There is currently an agreement between us, but we haven’t yet received any official communications from […]
By John Lee. Ambassador Gamal Bayoumi (pictured), Secretary General of the Federation of Arab Investors, has said that the Egyptian trade office in Baghdad proposed to open a trade center in Iraqi Kurdistan as soon as possible. According to a report from Aswat al-Iraq, he said the new office will promote Egyptian trade and investment […]
By John Lee. Iraq's Deputy Prime Minister for Energy Affairs, Hussein al-Shahristani (pictured), has confirmed that 4 million barrels of crude oil per month is to be will be shipped to Egypt from next April. Speaking to Associated Press, al-Shahristani did not say whether Iraq will sell at preferential prices, as it does with neighbouring […]
By John Lee. Egypt Air is to send 20 engineers to work on the maintenance of the Iraqi Airways fleet at the Egypt Air Station in Baghdad, according to a report from NINA. The Regional Director of the Iraqi Airways in Egypt and North Africa, Qayser Ahmed Oqleh, added that Egypt Air would lend 30 […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is close to completing design of a pipeline to carry Iraqi oil to Jordan and Egypt through the Gulf of Aqaba. Once completed, the project is to be handed over […]
By Matthew Gayle. Egyptian Prime Minister Hesham Qandil has announced that a settlement has been made on the unpaid pension funds worth $60 million for Egyptian workers that once worked in Iraq. According to the Egypt Independent, over 450,000 Egyptian families will benefit from the settlement. The settlement was reached during a high-level meeting between […]
By John Lee. Egypt and Iraq have reportedly signed an agreement under which Iraq will supply Egypt with oil. On a recent visit to Iraq, Egyptian Prime Minister Hesham Qandil secured the supply of 4 million barrels of Iraqi crude oil per month, which will be supplied via pipelines across the Gulf of Aqaba. Another […]
Since August 2010 the UNFPA Iraq Country Office has been supporting nine staff of the Iraqi Central Statistical Organization (CSO) and Kurdistan Regional Statistical Office (KRSO) to get their Master’s and PhD degrees in Demography and Statistics from the Institute of Statistical Studies and Research (ISSR) of Cairo University in Egypt. The programme they were […]
