The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran has reportedly appointed Brig. Gen. Iraj Masjedi as its new ambassador to Baghdad, replacing Hassan Dana’i Fer, according to Iranian media reports on Jan. 15. Masjedi is a prominent leader of the Islamic Revolutionary […]
By John Lee. The Iran Mercantile Exchange (IME) has set up a taskforce to "strengthen and deepen" its relationship with Iraq. Among the areas being considered are free economic zones on both sides, simplification of customs regulations, and the use of modern financial instruments like Certificate of Depositary Receipt based on warehousing systems to be […]
By John Lee. US President Donald Trump has taken aim at Iranian influence in Iraq. He commented on Twitter: "Iran is rapidly taking over more and more of Iraq even after the U.S. has squandered three trillion dollars there. Obvious long ago!" He also said: "Iran has been formally PUT ON NOTICE for firing a […]
By Ali Mamouri for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. On Jan. 14, Iraqi and Iranian media reported that Iraqi Foreign Minister Ibrahim al-Jaafari (pictured) offered to mediate between Iran and Saudi Arabia in order to overcome their disputes and […]
By John Lee. The Planning Director of the National Iranian Gas Company (NIGC) has said that Iran has started work on the second pipeline for exports of natural gas from Iran to Iraq. Hassan Montazer Torbati (pictured) said construction of the pipeline to south Iraq had begun on a Build-Operate-Transfer (BOT) contract. The first pipeline […]
By John Lee. Iran has reportedly appointed General Irij Masjidi as its new ambassador to Baghdad, replacing Hassan Dana'i Fer [Danaeifar]. According to some sources, General Masjidi was previously a senior advisor to Qassim Sulaimani, Commander of the Iranian Revolutionary Guard Corp (IRGC). Al Arabiya quotes Saudi minister of state for the Gulf region Thamer Al-Sabhan […]
By Sara al-Qaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iran, Iraq seek to send a message with joint naval exercises In conjunction with the military maneuvers of the Iranian-backed Shiite Popular Mobilization Units along the Iraqi border with Saudi Arabia on Jan. 4, former Iraqi […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. While Islamic State of Iraq and the Levant has been pushed out of Sinjar in northern Iraq, it remains mostly empty of residents as fighting among various factions continues. The town’s reconstruction has […]
Iran has denied that it has reached an agreement with the Kurdistan Region of Iraq for laying joint oil pipelines. The public relations department of the Iranian Ministry of Petroleum announced on Tuesday that the country has made no agreements with the Iraqi Kurdistan for construction of two pipelines to deliver its crude oil to […]
By John Lee. Iraq's state-run Iraqi Republic Railways (IRR) announced on Tuesday that it plans to link its rail network to that of neighbouring Iran. IRR Information Director Abdul Sattar Mohsen told Anadolu Agency that Iraqi and Iranian officials had already held several meetings to discuss the project. He added that several international companies had […]
Iran’s Ambassador to Iraq Hassan Danaeifar said Tehran and Baghdad have been considering a step to lift visa requirements for travelers from the two neighboring countries. Speaking to Tasnim News Agency, Danaeifar highlighted the latest measures to abolish the visa regime between Iran and Iraq, saying that it would lead to more travels between the […]
Iranian Foreign Minister Mohammad Javad Zarif pledged support for Iraq in its efforts to establish security, describing the Arab country’s security as that of Iran. Iran will provide the government and nation of Iraq with every aid and facility available to help the neighboring country establish stability and security, Zarif said Monday in a meeting […]
