The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
By John Lee. Some key points from Sunday's parliamentary elections in Iraq: Preliminary results show the political party of Shi'ite cleric Moqtada al-Sadr winning the largest share of the vote, giving it an estimated 73 seats in the 329-member parliament, up from 54 seats in 2018; The Sadrist Movement promises a nationalist government, free from […]
By John Lee. The CEO of the National Iranian Gas Company (NIGC) has said Iran is ready to extend its gas export deal with Iraq. Majid Chegeni, who is also the Deputy Minister of Petroleum for Gas Affairs, said: "Our relationship with Iraq is strategic and apart from economic relations, we have deep cultural and […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran exports to Iraq totaled $3.8 billion in past 6 months Iran's foreign trade reportedly increased by 47 percent in the past six months compared to the same period last year, to a total […]
By John Lee. It has been reported that the Iraqi Minister of Water Resources has said that Baghdad may take its dispute with Iran over water rights to the International Court of Justice (ICJ). Al Khaleej Online quotes Mahdi Rashid (pictured) as saying that Iran is digging tunnels and trying to alter the natural water […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad Conference goes to NYC as Iran-Saudi talks set to resume A follow-up meeting of the recent Baghdad Conference has been held on the sidelines of the United Nations General Assembly. As on […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How the Taliban takeover is impacting Iran's policies in Iraq, Syria Beyond Afghanistan's geopolitical importance as Iran's immediate neighbor, what affects Tehran's calculations about the Taliban's rise are the implications it may have […]
By John Lee. Iran's has reportedly appointed a special representative for petroleum issues involving Iraq. According to ABNA24, Seyyed Abbas Beheshti will coordinate with the National Iranian Gas Company (NIGC) and the Central Bank of Iran to accelerate payments of arrears. It adds that Iraq owes Iran nearly $6 billion for imports of natural gas […]
By John Lee. Iran is reportedly planning to open a trade and exhibition centre in Sulaymaniyah (Slemani). Tehran Times quotes an official at Iran's Trade Promotion Organization (TPO) as saying that the new centre will facilitate the entry of Iranian companies into the Iraqi market. It will be set up in collaboration with the Iran […]
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. Iraq's Kadhimi meets with Iranian president In meeting with Iraqi Prime Minister Mustafa al-Kadhimi, Iranian President Ebrahim Raisi acknowledged "deep relations" between the two countries. Click here to read the full […]
By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi visited Tehran on Sunday and met with Iran's President, Ebrahim Raisi. According to media sources, Kadhimi is the first first foreign leader to meet the new Iranian leader. He also met the Speaker of the Iranian Shura Council, Muhammad Baqir Qalibaf, and the First Vice President of […]
By John Lee. Iraq's Supreme Committee for Health and National Safety has approved the entry of 30,000 thirty thousand visitors from Iran and 10,000 from the rest of the world to attend the Arbaeen pilgrimage later this month in Karbala. Visitors will be required to show evidence of negative PCR test for COVID conducted within […]
By John Lee. An Iranian official has said that Iran's natural gas (methane) exports to Iraq have been reduced, but not because of arrears owed by Iraq. Mohammad Reza Julaei , the Dispatching Director of the National Iranian Gas Company (NIGC), told Shana that exports have been reduced by 38 million cubic meters per day; […]
