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3rd Coalition arises in Iraq to vie for Sunni Leadership

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Sunni political blocs in Iraq are launching early preparations for April provincial council elections by forming new parties and alliances — but also pointing fingers at each other. This shows the depth […]

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Oil Exports slightly down in September

By John Lee. Iraq’s Ministry of Oil has announced oil exports for September of 107,276,327 barrels, giving an average for the month of 3.576 million barrels per day (bpd), down from the 3.603 million bpd exported in August. These exports from the oilfields in central and southern Iraq amounted to 103,010,306 barrels, while exports from […]

Bangladeshi Company Exporting Compressors to Iraq

By John Lee. Bangladeshi-based electrical company Walton has reportedly started supplying refrigerator compressors to Iraq. According to United News of Bangladesh, Mohanad Al Darraji, Charges d'Affaires of the embassy of Iraq to Bangladesh, inaugurated the compressor export in a function at the company's offices on Tuesday. (Source: United News of Bangladesh)

Baghdad sends delegation to Erbil to Resolve Disputes

By Dana Taib Menmy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi President Barham Salih met separately Sept. 18 with four Kurdistan Regional Government (KRG) leaders — President Nechirvan Barzani, Prime Minister Masrour Barzani, parliament Speaker Rewaz Fayaq and Deputy Prime Minister Qubad Talabani in Erbil, the KRG […]

Iraq reopens Syria Crossing

By John Lee. Iraq reportedly reopened the Al-Qaim border-crossing with Syria on Monday, following a closure of eight years. Syrian Interior Minister Mohammad Khaled al-Rahmoun, is quoted as saying that the opening signified “the victory of the Iraqi and Syrian people over all terrorist groups, especially Daesh.” According to Reuters, the crossing is crucial for […]

Careem Expands into Mosul

By John Lee. Dubai-based Careem has reportedly launched its ride-hailing services in Mosul. According to a report from Arabian Business, the company plans to roll out its full suite of services in the future. Careem entered the Iraqi market in January 2018; it was bought by Uber for $3.1 billion in March 2019. More here. […]

KRG Bans Grape Imports

By John Lee. The Kurdistan Regional Government (KRG) has reportedly banned the import of grapes into the Kurdistan Region. Rudaw quotes Hussein Hama Karim, KRG's Agriculture and Water Resources spokesperson, as saying: "The ban is to protect our domestic product ... We will continue our efforts to completely ban the illegal import of products into […]

Turkey Provides Infrastructure Support to Iraq

The Turkish Cooperation and Coordination Agency (TİKA) continues to lend a helping hand to Iraq from Turkey though the projects it implements. TİKA has been carrying out important work for the reconstruction of the damaged infrastructure in Iraq, which has been destroyed by the terrorist organization ISIS, in order to establish public services, accelerate returns […]

Transparency in Iraqi Upstream Petroleum Sector

By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Transparency in the Arab Countries’ Upstream Petroleum Sector- Iraq as case study* While upstream petroleum sector is either dominant or has significant importance in many Arab economies of MENA region, the transparency […]

Oil Exports Slightly up in August

By John Lee. Iraq’s Ministry of Oil has finalised oil exports for July of 111,706,135 barrels, giving an average for the month of 3.603 million barrels per day (bpd), up from the 3.556 million bpd exported in July. These exports from the oilfields in central and southern Iraq amounted to 107,520,044 barrels, while exports from […]