Tag Archives | featured

Iraq Open to the World... and Who's Making it Happen

From the Iraq Britain Business Council (IBBC): Iraq open to the world... and who's making it happen. An IBBC conference on June 16th at London's Mansion House. On 16th June IBBC are hosting a significant delegation of Iraq businesses and government officials to the UK, with a strong focus on energy, oil and gas, new […]

Natural Gas Liquefaction Plant opens at Rumaila

By John Lee. Iraq's Minister of Oil, Hayan Abdul-Ghani has opened the first phase of the natural gas liquefaction plant project at Rumaila oil field. The project aims to utilize associated gas, and has a capacity of 200 million cubic feet per day in the first phase. By the end of this year, the project's […]

New Dairy Factory Opened in Erbil

By John Lee. The Kurdistan Region Prime Minister, Masrour Barzani, has launched Zom, the largest dairy factory in the Mergasor district of Erbil Governorate. During the opening ceremony, the Prime Minister proudly announced that under the KRG's ninth cabinet, pastoral farming projects have experienced a significant 75-percent increase. Currently, there are 87 such projects in […]

Farmer Organization Models and Cooperatives in Iraq

Stakeholders from across the spectrum shed light on farmer organization models and cooperatives in Iraq and their role in supporting the development of the agricultural sector An event was held by partners implementing the European Union Agri-food Business Development Programme (AfBDP) in Baghdad on Monday (May 29) to discuss the development of farmers' organizations and […]

Iraq Reaffirms OPEC+ Cuts to Oil Production

By John Lee. Iraq's Minister of Oil has affirmed Iraq's commitment to the OPEC+ agreement and the extension of the voluntary cut in oil production that was approved in April for the year 2023. Speaking at a press conference following the OPEC+ meeting in Vienna, Hayan Abdul-Ghani said Iraq will continue its voluntary reduction  of […]

$1bn Saudi Investment near Baghdad Airport

By John Lee. The Saudi ambassador to Baghdad, Abdulaziz Al-Shammari (pictured), has revealed the signing of a contract between Saudi Arabia and Iraq for a significant investment project near Baghdad International Airport (BIAP). In a statement to the state-run Iraqi News Agency (INA), Al-Shammari said the contract involves an investment of up to one billion […]

Iraq Oil Exports for May: $7.3bn

By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for May: Total exports of crude oil in May: 102,463,387 barrels Revenues from May's crude oil exports: $7.306 billion Oil fields in central and southern Iraq accounted for 102,206,413 barrels of May's crude oil exports. Exports from Kirkuk through the port of Ceyhan […]

Iraq "Is Quietly Falling Apart"

By Michael Knights, for Foreign Affairs. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq Is Quietly Falling Apart Iran's proxies have seized power in Baghdad, and are gutting the state. Click here to read the full article.

Iraq: 643 Abducted by Govt-Linked Militias in 2016

By Amnesty International. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: Authorities must act to reveal fate of 643 men and boys abducted by government-linked militias The Iraqi authorities must take concrete action towards revealing the fate and whereabouts of at least 643 […]