By John Lee. UK-based Total Quality Assurance provider Intertek has announced its appointment by the Iraqi government's Central Organization for Standardization and Quality Control (COSQC) as an authorised Conformity Assessment Body (CAB) for goods imported into Iraq. All exporters to Iraq must present a Certificate of Conformity (CoC) and a Release Note to Iraqi Customs […]
By John Lee. Iraq's Minister of Finance, Taif Sami Mohammed, held a meeting on Monday with a World Bank delegation led by the Regional Director for the Middle East, Jean-Christophe Carret. The discussions focused on enhancing cooperation in economic and social development. Key Discussion Points: Support for Transportation and Infrastructure Projects: Development of transportation and […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani initiated the expansion of Al-Haidariya [Haydariya] and Najaf combined-cycle gas power plants, adding a total capacity of 495 MW, alongside a new 400 kV transformer station. These projects are part of a strategic agreement with Siemens, which includes two phases: the first phase involves three plants in […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, has inaugurated a 56 MW gas power plant at the Majnoon oil field and supervised the trial operation of the second Central Processing Facility (CPF2) with a capacity of 200,000 barrels per day. The gas power plant will supply electricity to the production facilities in […]
By John Lee. The Iraqi government has approved the recommendation from the Ministerial Council for Energy (24067 T) of 2024 to sign a tripartite agreement involving the Ministry of Electricity, Siemens Energy, and the China State Construction Engineering Corporation (CSCEC). The agreement focuses on the rehabilitation of the Baiji Gas Power Plant (Unit 2), designating […]
By John Lee. The Iraqi Ministry of Oil has nnounced a significant increase in the reserves of liquid gas, now exceeding 133,000 tons, and a rise in production to over 7,000 tons per day. Deputy Minister for Gas Affairs, Izzat Saber, reported that the daily production of liquid gas from producing companies has reached 7,370 […]
By John Lee. Iraq has established diplomatic relations with Bolivia. The signing ceremony took place at the headquarters of the Permanent Mission of the Republic of Iraq in New York. The statement was signed by the Chargé d'Affaires of the Permanent Mission of Iraq to the United Nations in New York, Dr. Abbas Kadhom Obaid […]
By John Lee. Hayan Abdul Ghani, Iraq's Minister of Oil, has inaugurated the first phase of the Central Processing Facility (CPF) at the Al-Faihaa [Fayhaa] oil field in Basra, with a capacity of 100,000 barrels per day. According to a statement from the Ministry of Oil, this marks the transition of Al-Faihaa from an exploratory […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has inaugurated a joint management program for modern hospitals at Najaf Ashraf Educational Hospital. This initiative, in collaboration with Italy's Gruppo Ospedaliero San Donato (San Donato Hospital Group), aims to reduce the need for Iraqis to seek medical treatment abroad and save substantial costs. The program will […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Amid 'politicization' claims, Iraq prepares for first census after Saddam Iraq is gearing up for its first general population census in 27 years, due to take place on Nov. 20. However, claims that […]
By John Lee. Iraq has signed an amendment to the loan agreements provided by the German Development Bank (KfW) to finance several developmental projects. The signing ceremony last week was attended by Finance Minister Taif Sami Mohammed and the bank's representative to Iraq. The new amendment includes extensions for the disbursement period of the loans […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani chaired a meeting to follow up on the Baghdad Metro project, announcing the selection of the Vaskhod & Wontert Capital international consortium for the design, implementation, operation, maintenance, financing, and transfer of ownership (DBOMFT) of the metro. According to a statement from the Prime Minister's office, […]
