From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sudani pushes to realize old Iraqi dream of Baghdad Metro A dream of Iraqi city planners since the 1980s, long-stalled plans for a metro system in Baghdad have received a shot in the […]
By Umud Shokri for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Powering up: Turkey-Iraq transmission line is part of a broader strategic shift On July 21, 2024, Baghdad inaugurated a new power line connecting Turkey and Iraq to […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Reticent religious authorities stand to gain as Iraq debates personal status law Amid the revival of a proposed amendment to Iraq's personal status legislation, activists have raised alarm that it would fundamentally undermine […]
By John Lee. The Oil Exploration Company has started a 3D seismic survey of the Qayara oil field in Nineveh province, under a contract with Angola's Sonangol. General Manager Osama Raouf Hussein said the seventh seismic team is conducting the survey over an area of 135 square kilometers, with the work expected to take 150 […]
By John Lee. Prime Minister Mohammed Shia' Al Sudani inaugurated the Debes [Dibs] Gas Power Plant in Kirkuk via video link, marking the completion of a 320 MW facility that had been stalled since 2004. Restarted in late 2022, the project overcame significant legal, administrative, and logistical challenges, according to a statement from the Prime […]
By John Lee. The Kurdistan Regional Government (KRG) has said it has implemented a strategic plan to revive suspended water projects. Total number of dams in the Kurdistan Region: 34 Completed dams: 23 Dams under construction: 11 Six dams completed since 2019: Chamrga Khans Dewana Turajar Akwban Shawger Expected completion by end of 2024: Gomaspan […]
By John Lee. Iraq has re-started the purchasing of rice from the United States, according to a press release issued by the USA Rice Federation. It adds that ADM Rice sold a vessel of American rice, which will be loaded and sail to Iraq early this autumn. The resumption follows what USA Rice describes as, […]
By John Lee. The Iraqi Army Aviation Command celebrated the delivery of seven Bell 505 helicopters from the United States, in a ceremony attended by representatives of the Commander-in-Chief of the Armed Forces, the Air Force Commander, senior Defense Ministry officers, the U.S. military attaché, and a Bell company representative. This delivery is part of […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 8th Aug 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,747.3 -0.1% 12.4% RSISX USD Index […]
By John Lee. Lufthansa has announced the suspension of all passenger and cargo flights to Amman, Beirut, Erbil, Tel Aviv and Tehran up to and including 13th August. The German airline blamed the decision on what it described as "exceptional circumstances in the region," adding that the situation will be continuously monitored and reassessed with […]
By John Lee. Russian and Iraqi officials have held a meeting to finalize agreements aimed at enhancing transport cooperation between the two nations. The Russian side expressed gratitude for the approval of the draft agreement by the Iraqi Prime Minister's Office, indicating Russia's readiness to review and proceed with the signing. They emphasized Iraq's strategic […]
By John Lee. The UK's Department for Business and Trade has said that total trade in goods and services (exports plus imports) between the UK and Iraq was £1.1 billion in the four quarters to the end of Q1 2024, an increase of 14.2% or £140 million in current prices from the four quarters to […]
