By John Lee. Iraq's Council of Ministers has approved a series of preventive trade measures aimed at protecting domestic industries. These include the imposition of a 60% additional customs duty on imported transparent containers and single-use plastic cups from all countries, which will be in place for four years. The market will be monitored throughout […]
By John Lee. Iraq's Ministry of Interior has announced that the Anti-Organized Crime Unit in Najaf Governorate successfully apprehended a suspect involved in the trade and circulation of counterfeit currency. According to a statement from the Ministry, the arrest followed intensive intelligence gathering and continuous monitoring, and was carried out based on precise information. The […]
By John Lee. Minister of Oil, Hayan Abdul Ghani, met with Iranian Minister of Oil, Mr. Mohsen Bakhtiar, on Monday to discuss strengthening bilateral cooperation between Iraq and Iran. During the meeting, both sides discussed mechanisms for collaboration across various sectors, resulting in the signing of memorandums of understanding (MoUs) and agreements in areas such […]
By John Lee. The International Committee of the Red Cross (ICRC) has published its "Facts and Figures 2o24" report. Click here to download the full report in English. Click here to download the full report in Arabic. Click here to download the full report in Kurdish. To browse our comprehensive library of reports on Iraq, […]
By John Lee. Iraq has signed a contract for the construction of its third offshore pipeline to enhance the stability and flexibility of crude oil exports from its southern ports. The project, which is being executed by a consortium of Italian company Micoperi and Turkish company Esta, is designed to handle 2.4 million barrels per […]
By John Lee. American Global Medical Services (AGMS) is set to expand its footprint in Iraq, following a meeting between CEO Dr. Aizen J. Marrogi and Prime Minister Mohammed S. Al-Sudani on Monday. The company has proposed establishing a comprehensive medical city in Baghdad, which would include a 200-bed cancer hospital, a pharmaceutical manufacturing facility, […]
By Simon Watkins 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 7 Million bpd Oil Production Goal Draws Swift Response from Chinese Firms The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani welcomed a delegation from the U.S. Congress on Sunday to discuss strengthening bilateral relations and advancing cooperation across various sectors. The meeting included U.S. Representatives Michael Baumgartner (R), Adam Smith (D), George Whitesides (D), Wesley Bell (D), and Sara Jacobs (D). Prime Minister Al-Sudani reiterated Iraq's […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met with a delegation from Arab Bank, headed by Chairman of the Board of Directors Mr. Sabih Al-Masri, on Sunday, as part of preparations for the inauguration of the bank's new branch in Baghdad. The meeting focused on enhancing financial and banking cooperation between Iraq and Arab […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, welcomed a delegation from Shell on Monday. The delegation included Shell Iraq and UAE Country Manager, Fakhir Badr, and the company's Middle East Business Development Manager, Martin Boer Verghen. During the meeting, discussions focused on topics related to gas, oil, and energy cooperation between Iraq […]
By John Lee. The Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani and US Secretary of State Marco Rubio held a telephone conversation on Friday to discuss regional developments and bilateral relations. During the call, Secretary Rubio emphasised the strong partnership between the United States and the Iraqi Kurdistan Region in expanding business opportunities, promoting […]
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Empowering Women Entrepreneurs: A Journey of Resilience and Growth In the heart of Iraq, where economic recovery and social reintegration are vital for stability, three remarkable women -- Mai, […]
