From Capacity Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's digital future: FastIraq CEO on why the country is rising as a key connectivity hub As the global demand for low-latency, high-capacity connectivity grows-driven by AI, cloud services, and real-time applications-networking strategies […]
By John Lee. The management of the General Company for Ports of Iraq (GCPI) held an extensive meeting this week with representatives from the Ministry of Planning and consultancy firm KBR at the Ministry of Transport headquarters to discuss the transition to the operational phase of the Grand Faw Port. Dr. Farhan Al-Fartousi, Director General […]
By John Lee. Iraq's Prime Minister, Mohammed S. Al-Sudani, oversaw the signing of a major agreement between the Iraqi Ministry of Oil and BP for the development and production of four key oil fields in Kirkuk. The contract covers the Kirkuk field (Baba and Avana domes), Bai Hassan, Jambur, and Khabbaz. The signing ceremony on […]
By John Lee. Iraq has signed a contract with China State Construction Engineering Corporation (CSCEC) to build a comprehensive Medical City in Dhi Qar Province. The 490 billion Iraqi dinar [$374 million] project was finalized under the supervision of the Dhi Qar Reconstruction Fund and the Ministry of Health. During the signing ceremony, Prime Minister […]
By John Lee. Iraq's Prime Minister Mohammed S. Al-Sudani has announced the launch of 14 infrastructure and rehabilitation projects in Sinjar and the Nineveh Plains, with a total budget of 18 billion IQD [$13.7 million]. These projects aim to rebuild roads and key infrastructure, supporting the return of internally displaced persons (IDPs). Funded by the […]
By John Lee. Iraq's Ministry of Communications has signed an agreement with Qatar's Ooredoo Group for the deployment of the country's fourth submarine cable (FIG) at the Al-Faw landing station. Minister Dr. Hayam Al-Yasiri emphasized the strategic importance of the 24-pair fiber-optic cable, which has a capacity of over 700 terabits and connects seven Gulf […]
By John Lee. Iraq's Oil Pipelines Company has held discussions with the General Company for Iraqi Ports to enhance cooperation in developing the Ministry of Oil's berths. The meeting in Basra was led by Ali Abdul Karim Al-Moussawi, Director General of the Pipeline Company, and Dr. Farhan Al-Fartousi, Director General of the Ports Authority. The […]
By John Lee. Iraq's Ministry of Oil is progressing with the implementation of a dry gas pipeline to support power generation, following directives from Deputy Prime Minister for Energy and Oil Minister Hayan Abdul Ghani. Dr. Ezzat Saber Ismail, Deputy Minister for Gas Affairs, along with Ali Ward Hammoud, Director General of the State Company […]
By John Lee. Iraq's Minister of Finance, Taif Sami, met with Jean-Christophe Carret, the World Bank's representative in Iraq, to discuss strengthening economic and financial cooperation. The discussions focused on strategic projects aimed at stimulating economic growth, creating jobs, and developing infrastructure and human capital. Minister Sami emphasized Iraq's commitment to leveraging technical and financial […]
By John Lee. Iraq's Ministry of Oil has signed an initial agreement with BP to develop four oilfields in Kirkuk. The agreement, signed by North Oil Company (NOC) and North Gas Company (NGC), covers the development of the Avana and Baba domes of Kirkuk, Bai Hassan, Khabbaz, and Jambur fields. Minister of Oil Hayan Abdul […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on Sunday to assess summer electricity supply plans and the progress of oil sector projects. The Minister of Electricity outlined strategies to ensure stable power supply, including fuel station operations, while the Minister of Oil detailed fuel supply plans for power plants, including […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met with Branislav Žeželj, the Serbian Ambassador to Iraq, on Tuesday, to discuss bilateral relations and economic cooperation. During the meeting, the Prime Minister received an official invitation from the Serbian President to visit Belgrade, as well as an invitation for Iraq to participate in Expo 2027, […]
