By John Lee. Representatives of the Association of the Petroleum Industry of Kurdistan (APIKUR) and other international oil companies met with Iraqi and Kurdish officials on 20th April to discuss restarting oil exports via the Iraq-Türkiye Pipeline, but according to a statement from APIKUR on Sunday, no agreement was reached. The trade body said its […]
By John Lee. Iraqi Finance Minister, Mrs Taif Sami Mohammed, along with the Governor of the Central Bank of Iraq (CBI), Dr Ali Al-Alaq, participated in the Annual Spring Meetings of the World Bank and the International Monetary Fund (IMF), held in Washington from 20-23 April 2025. The discussions focused on global economic challenges, financial […]
By John Lee. Iraq's Minister of Trade, Dr Atheer Dawood Al-Ghurairi, laid the foundation stone on Thursday for a new modern grain silo in Kirkuk province, with a storage capacity of 60,000 tonnes. The project forms part of the Ministry's infrastructure development strategy to support the agricultural sector and increase national storage capacity. Speaking at […]
By John Lee. The European Bank for Reconstruction and Development (EBRD) has amended its statutes, enabling it to expand operations into sub-Saharan Africa and Iraq. According to a statement from the bank, this pivotal change redefines the Bank's geographic remit and follows approval by its Board of Governors in 2023. The amendment will formally take […]
By John Lee. Iraq's Minister of Higher Education and Scientific Research has announced the Talent Scholarship Program for the academic year 2025/2026 at advanced international universities. Dr. Naeem Abd Yaser Al-Aboudi emphasized that the Ministry has taken steps to secure the necessary financial requirements and communicate with foreign universities. According to a statement, he directed […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani visited the historic Ur Tourist City in Dhi Qar Province on Sunday, inspecting both the ancient Sumerian open-air theater and ongoing tourism projects launched during his previous visit last August. Al-Sudani reaffirmed the government's commitment to advancing development and tourism initiatives, citing positive public support and […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Positions jockeyed in Iraq as Sudani announces electoral bid Prime Minister Muhammad Shia' Al-Sudani has officially declared his intention to run in Iraq's upcoming parliamentary elections. With Sudani's intentions clearer, and with the […]
By John Lee. The Iraqi Drilling Company (IDC) has announced the successful drilling of 13 new oil wells and the rehabilitation of 53 others across various oilfields, covering the period from January to 21st April 2025. According to IDC's Director General, Engineer Hassan Mohammed Hassan, the achievement reflects the technical and engineering capabilities of the […]
By James Durso for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Path to Energy Security is Taking Shape Iraq is moving to achieve energy security by diversifying its energy sources and reducing reliance on imports of Iranian electricity and natural gas. […]
By Bridget Toomey, for the Foundation for Defense of Democracies (FDD). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Major Shiite parties to run separately in Iraq's November election amid disagreements The Coordination Framework, the ruling Shiite alliance in Iraq, announced its intention for parties to […]
By John Lee. The Iraqi National Intelligence Service has led an official delegation to Damascus under the direction of Prime Minister Mohammed S. Al-Sudani. The delegation, headed by Mr. Hamid Al-Shatri, President of the Iraqi National Intelligence Service, is scheduled to meet with Syrian President Ahmed al-Sharaa' and other senior Syrian officials. The delegation includes […]
By John Lee. Baghdad Municipality has signed a contract with China's state-owned Shandong Hi-Speed Group [Shandong Gaosu Group] for the construction of 11,000 housing units in the New Sadr City project. Speaking at the signing ceremony, Mayor Ammar Musa Kazem said that more than 30 companies expressed interest in the project, which represents the first […]
