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By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. US mulls how best to Control pro-Iran Factions in Mideast As the administration of US President Donald Trump looks ahead to a post-Islamic State (IS) status in the […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. There are strong indications that Gulf states want to keep Iraq away from Iran's influence by including Iraq under the banner of a US-backed Sunni Arab alliance. The […]
During a visit to Iraq, an Iranian deputy minister was updated on the latest status of two sports arenas that Iranian companies are constructing in Baghdad. Mojtaba Khosrotaj, Iran’s deputy minister of industry and head of the Trade Promotion Organization of Iran (PMOI), held a meeting with Iraq’s minister of youth and sports and with […]
By John Lee. Iran has reportedly banned the import of scrap metal from Iraq and Afghanistan. According to a report from Platts, the Trade Promotion Organization of Iran (TPOI) requested the ban due to fears that consignments could be contaminated with radioactive material or chemicals, and that they may contain unexploded munitions. It adds that […]
The Export Guarantee Fund of Iran (EGFI) has announced that it is to provide political risk insurance (PRI) to Iran's MAPNA Group for its Rumaila power plant project in Iraq. Rumaila, a natural gas combined cycle power plant with 12 gas and 6 steam turbines, is to be implemented at a cost of $2.5 billion […]
By John Lee. Iran Khodro (IKCO) has said that 2,500 units of its Samand model (pictured) are expected to be produced this year in its Iraq plant. The site at Iskandariya has been upgraded with new equipment, and now has the capacity to make 45 to 50 cars per day. (Source: IKCO)
By Hamdi Malik for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. As talk of an independence referendum for Iraq's Kurdistan Regional Government (KRG) grows, Iran's role is becoming more visible, especially that of Qasem Soleimani (pictured), the powerful commander of […]
By John Lee. Iraq's Minister of Foreign Affairs, Dr Ibrahim Al-Jaafari, has received a copy of the credentials of the new Iranian Ambassador to Baghdad, Iraj Masjedi. The new Ambassador described the two countries as "friends and brothers", adding, “we should do our best to improve ties between the two countries.” "Iran wants an advanced, […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. You don’t need to drive very far from the major Iraqi Kurdish city of Sulaymaniyah to exit the terrain controlled by the government of Iraqi Kurdistan. Twenty minutes from the […]
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. After the chemical attack in Khan Shaykhun on April 4, followed by the US airstrike on a Syrian air base April 7, tension between Iraq and the United States […]
By Hamdi Malik for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Prime Minister Haider al-Abadi said recently that any group taking up arms in Iraq outside the state's official framework will be considered outlaws. However, it seems at least […]
Iran on Tuesday, March 14, began pumping 15,000 barrels/day of crude oil from Azar Oilfield which it shares with Iraq. Early production from the field, located in the border city of Mehran, began in a ceremony held in the presence of Iranian Minister of Petroleum Bijan Zangeneh. Azar Oilfield development project is aimed at production […]
