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By John Lee. A series of investment proposals covering smart cities, digital infrastructure, healthcare and tourism were discussed at a meeting between Iraq's National Investment Commission (NIC) and members of the Iraqi-French Business Council, along with representatives of companies Abraj Al-Maamura, Sawa and Enkidu. The meeting was chaired by Adel Dakhil Muhammad al-Yasiri, head of […]
By John Lee. Six memoranda of understanding (MoUs) were signed between Iraq and France at the Élysée Palace in Paris on Monday, covering defence, energy, aviation, and youth and innovation cooperation. The agreements were signed during a visit by Prime Minister Ali al-Zaidi and were witnessed by French President Emmanuel Macron. According to the Prime […]
By John Lee. Patrick Pouyanné, chief executive of TotalEnergies, met Iraqi Prime Minister Ali al-Zaidi in Paris on Monday to review the company's strategic projects in Iraq, with a particular focus on gas. According to the Prime Minister's media office, TotalEnergies has existing oil investments in Iraq of $12 billion and is planning to increase […]
By John Lee. Iraq's Prime Minister Ali al-Zaidi met with Édouard de Rothschild, President of Rothschild & Co, in Paris on Monday to discuss expanding Iraq's cooperation with international banks, developing the banking sector, improving Iraq's credit rating, and the government's targets for building a diversified economy. De Rothschild affirmed the importance of investment opportunities […]
By Alex Kimani, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq Really Replace Saudi Arabia As The Middle East's Top Oil Producer? The global power of most Middle Eastern countries remains dependent on their oil and/or gas output, so it […]
By John Lee. France's Thales has held talks with Iraq's Ministry of Interior on developing forensic systems and technology. A delegation from the company met with senior ministry officials, including the directors general of forensics and movements, forensic evidence, and criminal registration. According to the Ministry of Interior, the meeting covered ways to develop technical […]
By John Lee. Iraq's first commercial Tier III data centre is under construction in Baghdad, with France's Schneider Electric named as the technology partner responsible for its power and cooling infrastructure. The facility is being developed by T964, a technology and connectivity investment group, and is scheduled to open by the end of 2026. According […]
By John Lee. Two economic meetings have taken place in Paris between a delegation of Iraqi companies and representatives of the French employers' association Mouvement des Enterprises de France (MEDEF) and the Organisation for Economic Co-operation and Development (OECD), aimed at strengthening trade and investment ties between Iraq's private sector and its French and international […]
By John Lee. Iraq has prevailed in an international arbitration case brought by Orange against the Republic of Iraq and the Communications and Media Commission (CMC), with all of the company's claims dismissed by the International Center for Settlement of Investment Disputes (ICSID). The Ministry of Justice said the outcome was the result of sustained […]
By John Lee. A reconstruction and investment dialogue has been held in Baghdad to discuss future development priorities and investment opportunities for the capital. The meeting was convened by the French Iraqi Business Council (IFBC) at the headquarters of Baghdad Mayoralty and hosted by Baghdad Mayor H.E. Eng. Ammar Mousa Kadhim. The delegation was led […]
By John Lee. The Raparin Regional Development Agency (RRDA) was officially launched on Sunday in Ranya [Rania], Sulaymaniyah. The opening ceremony was attended by Kurdistan Region Deputy Prime Minister Qubad Talabani, UK Consul General Andrew Bizley, and consuls from France and Armenia, alongside domestic and international guests. Talabani said a primary objective of the agency […]
By John Lee. Asiacell, a member of Qatar's Ooredoo Group, has signed a multi-year strategic partnership with French football club Paris Saint-Germain (PSG). The agreement is described as the first time an Iraqi company has entered into a partnership of this scale with a global sports club. Under the agreement, Asiacell will serve as PSG's […]
