The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
High-ranking officials from Iran, Syria, and Iraq have agreed to create “a multimodal transport corridor” a part of efforts to boost trade relations between the three Muslim nations. “The three friendly and brotherly countries of Iran, Iraq, and Syria have good and growing business relations,” Iranian Deputy Minister of Roads and Urban Development Shahram Adamnejad […]
By Padraig O'Hannelly. Following the increase in tensions in the Gulf region in recent weeks, two British diplomats have expressed the view that Iraq could have a positive role to play. Addressing delegates at CWC's Iraq Petroleum conference in London, the British Ambassador to Iraq, Jonathan Wilks CMG, said: "Iraq is strong enough now to […]
Official delegations from Iran and Iraq held the second meeting of a joint commission for coordination on Arvand Rud, a border river flowing in Iran’s southwestern province of Khuzestan. The Tuesday meeting was held in Tehran within the framework of an agreement signed by the heads of the two states. The meeting was co-chaired by […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Basra protests build in Iraq as sub-standard services persist In an exclusive interview with Al-Monitor, Iraqi Minister of Electricity Luay al-Khatteeb talked about the situation of Iraq’s electricity sector amid tense […]
By John Lee. Iraq and Iran have reportedly signed a memorandum of understanding (MOU) relating to cooperation in the tourism sector. According to Tehran Times, the document includes the areas of medical tourism and religious tourism, and was agreed between Iran’s Cultural Heritage, Handicrafts and Tourism Organization, and Iraq’s Ministry of Culture, Tourism and Antiquities. […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq exports around 3.5 million barrels of oil a day. Heightened regional tensions between the US and Iran and recent attacks on oil tankers in the Gulf have heightened security fears. The government […]
A top commander voiced Iran’s readiness to provide neighboring Iraq with whatever means necessary for air defense. In comments on Sunday, Commander of Khatam al-Anbia Anti-Aircraft Base of the Iranian Army, Brigadier General Alireza Sabahi Fard, said the Iranian Air Defense is fully prepared to satisfy Iraq’s air defense demands in all areas. By relying […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iran already turning Iraq into battleground against US As tension intensifies between Washington and Tehran, attacks against US interests in Iraq are increasing quickly and significantly. A short-range Katyusha missile on June 19 hit the […]
By John Lee. The Trump administration has reportedly granted Iraq a 120-day waiver from its sanctions against Iran, to allow it to continue importing electricity from the country during the hottest of the summer weather. The decision followed a phone call on Friday between Secretary of State Michael Pompeo (pictured) and Iraqi Prime Minister Adel […]
By John Lee. The United States has imposed sanctions on an Iraqi company, South Wealth Resources Company (SWRC), which it is says is an Iraq-based affiliate of Iran's Islamic Revolutionary Guard Corps (IRGC). The full text of the Treasury Department's statement is shown below: Today [Wednesday 13th June], the U.S. Department of the Treasury’s Office […]
By John Lee. Prime Minister Adil Abd Al-Mahdi has met with German Foreign Minister Heiko Maas and his accompanying delegation during a visit to Baghdad. The Prime Minister expressed his desire to deepen relations with Germany, and cited in particular the signing of a road map for the electricity sector with Siemens. Minister Maas expressed […]
Iran Has Taken Invaluable Steps to Cement Ties with Iraq: Envoy Iran’s Ambassador to Iraq Iraj Masjedi highlighted the importance of bilateral relations between the two neighboring countries and said Tehran has taken major strides to strengthen ties with Baghdad. “We are trying to boost our relations with Iraq in all areas,” Masjedi said, addressing […]
