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By John Lee. The Iraqi-French Business Council (IFBC) has signed a strategic Memorandum of Understanding with Business France to enhance economic cooperation and expand investment opportunities between Iraq and France. The agreement was signed in the presence of Benoit Trivulce, CEO of Business France. The MoU aims to strengthen bilateral partnerships and support French companies […]
By John Lee. The Iraqi-French Business Council (IFBC) held a series of meetings in Paris as part of the Iraqi-French Business Forum 2025, engaging with major French companies and institutions to strengthen economic and investment cooperation. The delegation visited the Innovation Hub of Schneider Electric to review technologies in energy management, digital systems, and smart […]
By John Lee. France's Vallourec has been awarded a second contract by TotalEnergies to supply casing, tubing, and associated accessories for the drilling of 48 wells under the Associated Gas Upstream Project 2 (AGUP2). The project forms a key part of the Gas Growth Integrated Project (GGIP), operated by TotalEnergies in partnership with Basra Oil Company […]
By John Lee. Iraq and France's National Centre for Cinema and the Moving Image (CNC) has signed a memorandum of understanding (MoU) on cinematic cooperation. The MoU was signed by Dr. Aref Al-Saadi, Cultural Advisor to the Prime Minister, in the French city of Montpellier on the sidelines of the Mediterranean Film Festival. The agreement […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Sunday chaired a meeting to follow up on the latest measures and steps taken regarding the implementation of the Baghdad Metro project. The meeting was attended by the Mayor of Baghdad, the head of the Iraq Development Fund, a number of advisers, representatives of diplomatic missions, […]
By John Lee. The Iraq Development Fund has reportedly signed memoranda of understanding (MoUs) with four major countries to advance development cooperation and investment. Executive Director Mohammed al-Najjar told state-run Iraqi News Agency (INA) that the Fund has signed three MoUs with France, two with the United Kingdom, and two with the United States, in […]
By John Lee. TotalEnergies, in partnership with Basra Oil Company (30%) and QatarEnergy (25%), has signed the final contracts of the Gas Growth Integrated Project (GGIP) at the Ratawi [Artawi] field in Basra, under the patronage of Prime Minister Mohammed Shia al-Sudani. The agreements include: a joint operating contract between the Ministry of Oil, Basra […]
By John Lee. Iraq's state-owned Rafidain Bank has announced that it has "completed" 87 percent of its foreign debt obligations through high-level legal and financial negotiations, significantly reducing the country's external liabilities. As part of Iraq's adherence to the Paris Club Agreement and with direct Cabinet approval, the bank concluded major settlements with Dutch and […]
By John Lee. The Iraqi Ministry of Health has held high-level discussions with a delegation from French pharmaceutical company Sanofi, aimed at strengthening collaboration on biopharmaceutical development, healthcare capacity-building, and policy modernisation. The meeting was chaired by Health Minister Dr. Saleh Mahdi Al-Hasnawi, who welcomed Sanofi's delegation led by Dr. Rami Nassar. The minister emphasised […]
By John Lee. France's Vallourec has secured two contracts to supply Oil Country Tubular Goods (OCTG) to support the drilling operations of China National Offshore Oil Corporation (CNOOC) and PetroChina in Iraq. According to a statement from the company, these contracts carry potential revenue of over $130 million [IQD 170 billion]. The contracts cover the […]
By John Lee. As part of government efforts to diversify Iraq's energy mix and reduce reliance on fossil fuels, the National Investment Commission (NIC) has awarded four major investment licences in the renewable energy sector during 2025. NIC Chairman Dr. Haider Mohammed Makkia [Makiyya] re-announced the licences on Wednesday, noting their alignment with Iraq's National […]
By John Lee. China Petroleum Engineering Corporation (CPEC) has announced that its wholly owned subsidiary, China Petroleum Pipeline Engineering has received a letter of award from France's TotalEnergies for a major gas infrastructure project in Iraq. The Artawi [Ratawi] GMP EPSCC Project, commissioned by TotalEnergies, involves the construction of midstream gas pipeline facilities linking the […]
