By John Lee. Plans are under discussion for an Indian investment in a pipe manufacturing complex in Basra, producing oil, gas, and water pipelines for infrastructure projects and the domestic market. The National Investment Commission (NIC) met with a delegation from Indian company Man Industries this week to explore the proposal. Adel Dakhil Muhammad al-Yasiri, […]
By John Lee. Iraq's Ministry of Trade has outlined plans to tighten import controls and expand the reach of Iraqi goods into regional and international markets. Mohammed Hannoun, the ministry's official spokesman, told the state-run Iraqi News Agency (INA) that the ministry is working to regulate the import process in line with legal frameworks, balancing […]
By John Lee. A memorandum of understanding (MoU) has been signed between the Federation of Iraqi Chambers of Commerce and the Federation of Indian Chambers of Commerce and Industry, via video call. The signing was held under the auspices of the Department of Foreign Economic Relations of the Ministry of Trade. The MoU was signed […]
By Tsvetana Paraskova, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Hikes Oil Exports via Hormuz in Boon for Asian Refiners OPEC's second-largest producer, Iraq, more than doubled its crude oil exports via the Strait of Hormuz in August as it […]
By Noam Raydan, for Seatrade Maritime. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Despite Pipeline Talks, Hormuz will Remain Key to Iraq's Oil Exports Amid the protracted crisis in the Strait of Hormuz, Iraq has been racing to find new outlets and […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Turkiye let the Kirkuk-Ceyhan Pipeline Deal Expire When the decades-old legal framework governing the Kirkuk-Ceyhan oil pipeline expired on July 27, Turkiye allowed it to lapse without immediately replacing it. The step […]
By Gavin Gibbon, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Fly Baghdad Plans Comeback after US Sanctions Lifted The target is to start operating before the end of the year, aiming for destinations in the GCC […]
By John Lee. Iraqi Airways is to resume its Basra-Delhi service from 18th August, with one weekly flight operating each Tuesday. The route was suspended in early March due to regional conditions. The airline cited improved conditions and increased travel demand between Iraq and India as the reasons for reactivating the service. A direct weekly […]
By John Lee. A first consignment of 24 tonnes of frozen french fries from Kashipur, in Uttarakhand's Udham Singh Nagar district, has been exported to Iraq. According to India's Ministry of Commerce & Industry, the shipment was handled by Virun Global Trade Pvt. Ltd. and facilitated by the Agricultural and Processed Food Products Export Development […]
By John Lee. Conflicting tracking data has raised uncertainty over the movements of the Omega Trader, an oil supertanker carrying Iraqi crude, amid ongoing disruption to shipping routes near the Strait of Hormuz. Ship-tracking data in recent days reportedly indicated the tanker had arrived near Mumbai, while its manager, Mitsui OSK Lines Ltd, said the […]
By John Lee. India-based Apollo Hospitals has reportedly signed a strategic partnership agreement with Iraq's Ministry of Interior to assume management of the Internal Security Force Hospital. According to India Pharma Outlook, the collaboration aims to deliver advanced medical services and specialised care for Iraq's internal security personnel and their families. Dr. Prathap C. Reddy, Founder-Chairman […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has laid the foundation stone for the Medical Health City project in southern Baghdad, covering an area of 120,000 m². The launch ceremony was attended by the Minister of Health and representatives of international pharmaceutical companies. The project includes five pharmaceutical factories with a total investment […]
