By John Lee. Prime Minister Mohammed Shia Al-Sudani inaugurated four new military manufacturing factories of the Military Industrialization Authority. The inauguration took place at the General Company for Military Industries complex in southern Baghdad and included a virtual participation. The ceremony was attended by the Minister of Electricity and other officials. Newly Inaugurated Facilities: Light […]
By John Lee. The Ministry of Oil has begun supplying the second unit of the Dibis Gas Power Plant in Kirkuk Province with 25 million standard cubic feet per day (MMSCFD) of dry gas. Deputy Minister of Oil for Gas Affairs, Mr. Izzat Saber, said this supply is expected to contribute an additional 85-100 MW […]
By John Lee. The Companies Registration Department of Iraq's Ministry of Trade said it has successfully processed the establishment of 324 national companies and registered 27 branches of foreign companies in June. According to a statement from the Ministry's media office, Director General Rashad Khalaf Hashim reported multiple decisions made during the month related to […]
By John Lee. Jordanian Minister of Energy and Mineral Resources, Dr. Saleh Al-Kharabsheh (pictured), announced that the Iraqi Cabinet has approved the extension of the crude oil supply memorandum of understanding (MoU) between the Iraqi Ministry of Oil and the Jordanian Ministry of Energy and Mineral Resources. The MoU, initially signed on May 4, 2023, […]
By John Lee. The General Company for Grain Trade has announced a record-breaking harvest of wheat. According to a statement from the Ministry's media office, the company's Director General, Dr. Haider Al-Karaawi, reported a historic season with the receipt of 6.302 million tons of wheat. This achievement reflects significant efforts towards self-sufficiency and enhancing the […]
By John Lee. The Private Sector Development Department of Iraq's Ministry of Trade has organised an awareness workshop on artificial intelligence (AI), with participation from employees across the Ministry's departments and companies. According to a statement from the Ministry's media office, the department's Director General, Ibtihal Hashim, stated that the workshop covered the basics of […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani opened the Iraqi-Turkish electricity interconnector on Sunday, via a video conference. The new line connects through the Al-Kisk station west of Mosul to supply the northern region with a capacity of 300 MW. The ceremony was attended by the Minister of Electricity. Al-Sudani praised the efforts of […]
By John Lee. The Ministry of Higher Education and Scientific Research has signed an executive agreement with Imperial College London to advance medical education and training. According to the Ministry, the agreement encompasses various elements, including a fellowship program in the United Kingdom, a master's program in the clinical field, curricula development, innovative learning processes, […]
By John Lee. Northrop Grumman Systems Corp., Fort Worth, Texas, has been awarded an $11,197,328 modification (P00023) to a previously awarded contract FA8617-21-C-6237 for contractor logistics support of Iraq's C-172 and C-208 fleets. The modification brings the total cumulative face value of the contract from $46,593,226 to $57,790,554. Work will be performed at Martyr BG […]
By John Lee. Iraqi Minister of Housing, Reconstruction, and Municipalities, and head of the Iraqi Civil Aviation Authority (ICAA), Mr. Benkin Rekani, signed an air services agreement with Austrian Ambassador to Iraq, Mr. Andrea Nasi, on Thursday. Following the signing ceremony, Rekani expressed his satisfaction, highlighting that the agreement will open new avenues and resume […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq-China ties progress with Nasiriyah airport project Relations between Iraq and China are strengthening, in part due to Chinese interest in Iraqi oil and infrastructure projects. Click here to […]
From the International Labour Organization (ILO): Supporting youths in navigating the path to employment through the Job Search Club initiative in Iraq JSCs involve activities that help participants understand their skills and the skills demanded in the labour market. Click here to read the full report.
