India's TVS Motor Company has opened a new marquee showroom in Baghdad with distribution partner Ritaj International General Trade LLC. The showroom, which is spread over 500 sq meters with a built-up area of 840 sq meters, was inaugurated along Palestine Street in Baghdad. It is the first-of-its-kind showroom for TVS Motor Company in the […]
Asiacell and UNDP Iraq join efforts to support youth employment and entrepreneurs Following its commitment to boosting youth employment and strengthening Iraq's Micro, Small, and Medium Enterprises (MSMEs), Asiacell today signed a two-year Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP) in Iraq. The MoU commits the leading telecommunications company and the […]
By John Lee. Iraq's Oil Minister, Ihssan Abdul-Jabbar Ismail, has announced the start of experimental operations at the Yamamah reservoir in the West Qurna 2 oil field, with the aim of increasing output from the reservoir from 10,000 barrels per day (bpd) to 350,000 bpd. When fully implemented, the development would bring total production at […]
KRG Prime Minister Masrour Barzani marked the official opening of the Mount Zawa Cable Car in Duhok province, which will create hundreds of new jobs in coordination with the Ministry of Municipality and Duhok Governorate. The $30 million project connects the Barzan region road to the top of Mount Zawa and includes new restaurants and […]
Ministerial delegations from Iran and Iraq agreed on plans to promote cooperation on customs affairs, pave the way for joint investment, and expand the capacity for transportation between the two neighboring countries. After two rounds of meetings on Saturday, delegations led by Iranian Economy Minister Farhad Dejpasand and Iraq's Finance Minister Ali Abdul-Amir Allawi reached […]
By John Lee. Iraqi Foreign Minister, H.E. Mr. Fuad Hussein, received a copy of credentials of H.E. Mr. Ali Rıza Güney, the new Turkish ambassador to Iraq at the ministry's headquarters this week. Mr. Hussien affirmed the ministry's readiness to fully support the ambassador to succeed in his duties, wished him success, and emphasized the […]
By John Lee. On 25 May 2021, Foreign Minister, H.E. Mr. Fuad Hussein received a copy of the credentials of H.E. Mr. Elbrus Kutrashev, the Ambassador Plenipotentiary of the Russian Federation to Baghdad. The two sides held talks on ways to improve bilateral relations between the two countries, and the importance of enhancing cooperation opportunities […]
Dr. Rafid Aziz Joins Board of Directors of Iraqi Children Foundation The Iraqi Children Foundation (ICF) is pleased to announce the selection of Dr. Rafid Aziz (pictured), President of the United Iraqi Medical Association in the United Kingdom, to join the ICF Board of Directors. Grant Felgenhauer, ICF Board Chairman, said: "ICF has pledged in […]
By John Lee. The United States has said it is outraged that peaceful demonstrators who took to the streets to urge reform were met with threats and brutal violence. In a statement issued on Thursday, the US State Department added: "Moreover, the violation of Iraqi sovereignty and rule of law by armed militias harms all […]
Prime Minister Masrour Barzani has laid the foundational stone for the Kurdistan Regional Government's Wheat Marketing Project in Slemani (Sulaymaniya). The $122 million project will be implemented by Qaiwan Group, in accordance with international standards, and finalized by 2025. At the inaugural ceremony, the Prime Minister described the agriculture project as a strategic investment to […]
By John Lee. Iraq was reported to be Iran's second biggest non-oil export destination for the period from 21st March to 21st May. Mehdi Mir-Ashrafi, the head of the Islamic Republic of Iran Customs Administration, is quoted as saying that Iran exported $2 billion worth of non-oil exports to China over that time, and $953 […]
Genel Energy has announced that payments have been received from the Kurdistan Regional Government ('KRG') for its entitlement for oil sales during March 2021. Those payments are made up as follows: (all figures $ million) Payment Tawke 14.3 Taq Taq 2.1 Sarta 3.4 Total 19.8 As announced on 13 May, Genel and other KRI operators […]
