By John Lee. The opening of new Iraqi TIR corridors has enabled a dramatic reduction in transit times between Europe and the Gulf Cooperation Council (GCC), with journey durations cut from 24 days to just 10, according to a press release from the International Road Transport Union (IRU). Polish logistics company Milton Group recently completed […]
By John Lee. Iraq has signed a contract with the Gulf Cooperation Council Interconnection Authority (GCCIA) for the import of electricity. The project aims to enhance Iraq's energy stability and reduce reliance on costly conventional energy sources. The Gulf-Iraq electricity link is expected to supply Iraq with 3.94 TWh (terawatt-hours) annually by 2025 at competitive […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani opened the Iraqi-Turkish electricity interconnector on Sunday, via a video conference. The new line connects through the Al-Kisk station west of Mosul to supply the northern region with a capacity of 300 MW. The ceremony was attended by the Minister of Electricity. Al-Sudani praised the efforts of […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Scoop: Plans for historic GCC-Iran-Iraq dinner in New York collapse Plans for a historic meeting in New York gathering the foreign ministers of Gulf Arab states, Iran and Iraq have collapsed at the […]
By John Lee. The Gulf Cooperation Council (GCC) has called on Iraq to address what it says are the, "negative effects of developments over the Khor Abdullah maritime agreement." Their statement follows a declaration from the Iraqi Federal Supreme Court that the law approving the agreement between the Iraq and Kuwait on the regulation of […]
By Yerevan Saeed for the Arab Gulf States Institute in Washington (AGSIW). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq and Egypt Boost Diplomacy, but GCC Remains the Linchpin Increasing diplomatic engagements between Iraq and Egypt are helping to advance a more ambitious […]
By John Lee. The Iraqi Minister of Electricity, Ziyad Ali Fadel, has attended the ceremony to mark the start of work on the electrical interconnector between Iraq and Saudi Arabia. The 1GW line will connect between the Saudi city of Arar and Yusufiya in western Baghdad. GCC Interconnection Authority (GCCIA) hosted the event in Dammam, […]
By John Lee. Iraq will hold an international conference in Baghdad at the end of May to discuss the plans for the "development road project", sometimes referred to as the "dry canal project". The project will link Iraq's Grand Faw port by rail to the Mediterranean, with the intention of providing a cost-effective alternative to […]
Qatar Fund for Development (QFFD) cooperates with the Gulf Cooperation Council Interconnection Authority (GCCIA) to develop the Gulf electricity interconnection system and connect it to the southern Iraq network. QFFD signed an agreement with the Gulf Cooperation Council Interconnection Authority to develop the Gulf electricity interconnection system and to connect it to the southern Iraq […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Data: GCC Electricity and Iraq's Reliance on Iran In connection with the recent Arab summit in Jeddah, Iraq and Saudi Arabia are forging ahead with efforts to connect their electricity grids. The […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi prime minister sets objectives for regional summit Amid longstanding political deadlock and economic and environmental challenges, Iraqi prime minister Mustafa Kadhimi is attending the GCC +3 Summit in Saudi Arabia. […]
The text of the following statement was released by the Governments of the United States of America, the Republic of Iraq and the Gulf Cooperation Council (GCC): The Government of Iraq, Gulf Cooperation Council, and United States have renewed their full support for the Gulf Cooperation Council Interconnection Authority (GCCIA) project to connect the electricity […]
