Tag Archives | india

BHEL to supply Compressor to Baiji Refinery

By John Lee. New Delhi-based Bharat Heavy Electricals Limited (BHEL) has won an order to supply a news compressor to Baiji Refinery in Iraq. The order, placed by the North Refineries Company (NRC), envisages design, engineering, manufacturing and supply of electric motor driven Recycle Gas Centrifugal compressor and will be executed by BHEL's International Operations […]

First Export of Iraqi Sulfur

By John Lee. Iraq's General Customs Authority has announced that Iraq has made its first export of sulfur (sulphur). The 4,540-ton shipment was sent by ship to India earlier this week. Sulfur is used in many applications including fertilisers and pharmaceuticals. (Source: Ministry of Finance)

TVS Motor signs Distribution Deal for Iraq

By John Lee. India's TVS Motor Company, which makes motorcycles and three-wheeled vehicles, has signed an agreement to strengthen the company's presence in Iraq. UAE-registered ARATA International FZC, a subsidiary of Oman's Bahwan International Group (BIG), will distribute TVS vehicles in Iraq. The deal was signed by Sheikh Ahmed Bahwan, Chairman of BIG, and Mr […]

TVS Motor opens New Showroom in Baghdad

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 […]

IOC buys its First Cargo of "Basra Medium" Oil

By John Lee. The Indian Oil Corporation (IOC) has reportedly loaded its first cargo of Iraq's new "Basra Medium" crude grade. According to the Financial Post, the ship is expected to arrive at Chennai port for IOC's subsidiary Chennai Petroleum Corp (CPCL) around 14th January. More here. (Source: Financial Post)

India creates Air Transport Bubble with Iraq

By John Lee. India has created an air bubble arrangement with Iraq. Indian and Iraqi carriers are now permitted to operate services between India and Iraq and carry the following categories of persons on such flights: A. From India to Iraq i. Nationals/residents of Iraq; ii. Any Indian national holding any type of valid visa […]

PM visits China as Business Relationship Strengthens

By John Lee. Prime Minister Adil Abd Al-Mahdi arrived on Thursday morning in the Chinese city of Hebei to participate in the World Conference on Industrialization. The visit follows the granting of two major contracts in Iraq to Chinese companies in recent weeks: China Construction Third Engineering Bureau will reportedly implement civil engineering projects and […]

TBI partners with Indian Firm for Fintech Development

By John Lee. The state-owned Trade Bank of Iraq (TBI) has reportedly signed a Memorandum of Understanding with India-based ESDS Software Solution to develop financial technology and a cloud platform in Iraq. According to Zawya, Alpen Capital (ME) Limited acted as the sole advisor for the transaction between the two firms, which aims to "establish […]

Indian Firm Wins $37m Seismic Contract in Iraq

By John Lee. Indian-based Asian Oilfield Services Limited has announced that it has won orders totalling $37 million in Iraq. The orders relate to seismic acquisition at Block 12, with $12 million for a 2D survey and $25 million for a 3D survey. Block 12, located in the Najaf and Muthanna provinces, is being developed […]

Iraqi Students look Abroad for Post-Grad Studies

By Sara al-Qaher for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  India, Iran or Turkey: Iraqi Students look Abroad for Post-Grad Studies There are no easy options for Iraqi graduates who want to continue their education with post-graduate studies. If they have […]