The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
By John Lee. The Chief Executive of the Kuwait Petroleum Corporation (KPC) has said that his company has conducted negotiations with both Iran and Iraq to import gas. Nizar Al-Adsani (pictured) said in a statement: "Kuwait is in need of gas for power plants ... [but] up until now we have not agreed on the […]
Iraq’s youngest airline, FlyBaghdad, is in talks to start flying to Dubai and plans to launch European routes in early 2016, according to a report from Gulf News. The airline’s Regional Commercial Manager, Mohammad Abdali, told the news agency that the Iraqi-owned airline started domestic flights to Erbil, Sulaymaniyah, Najaf and Basra from its hub […]
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. Mid-East's New 'Cold War': Why The Russians Won't Win Against Extremists in Iraq Since the announcement of a new military alliance including Russia, locals have been trading arguments. Could Iraq […]
The pipeline to carry gas to Iran’s western and northwestern regions as well as exporting it to neighboring Iraq will start soon with BOT (Build-Operate-Transfer) financing from Bank Pasargad, the bank’s CEO has said. “We have increased our investment for the development of oil, gas, refining, and petrochemical industries. The contract to finance the Iraq […]
By Padraig O'Hannelly. Much has been written about the expected lifting of sanctions on Iraq's powerful neighbour, Iran, opening Iranian markets to international commerce and allowing Iran to export more goods and services. But the burning question on the streets of Baghdad, Basra and Erbil is what does all this mean for Iraq? In a […]
By John Lee. Iraq's Ministry of Construction and Housing and Public Municipalities is reported to be about to sign a contract worth 10 billion dinars ($8.6 million) with an Iranian company to buy chlorine and alum for water purification. Tariq al-Kikhany (pictured) said that in view of the cholera epidemic that has hit a number […]
On the sideline of the UN General Assembly meetings, Iraqi foreign affairs minister Dr. Al-Jaafari met his Iranian counterpart, Mr. Mohammed Javad Zarif. During the meeting, they discussed the bilateral relations and horizons to promote them in the interest of the two neighbouring countries; in addition to, discussing the political and security situations in the […]
By John Lee. Iranian vehicle maker Iran Khodro (IKCO) has exported over 6,000 vehicles to the international markets in the first half of the current Persian calendar year surpassing the car manufacturer's export record throughout last year. IKCO 's Deputy for Export and International Department, Saeed Tafazzoli said IKCO's main foreign site is located in […]
By John Lee. According to a report from Mehr News Agency, the fifth joint summit on border patrolling of Iran’s west provinces and Iraqi border cities has begun in Mehran, Iran, with the presence of the Commander of the Iranian Border Guard Units General, Ghasem Rezaei [Qasem Rezaee] (pictured). The summit will review the security […]
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Prime Minister Haider al-Abadi's spokesman says Baghdad will step up coordination with Russia, Iran and Syria in the field of military intelligence to share and analyze information. Sa’ad al-Hadithi says the coordination committee […]
The publishers of Iraq Business News are delightd to announce the launch of our new publication, Iran Business News, in response to the intense business interest in Iran in anticipation of the lifting of santions. After years of negotiations, agreement has been reached between Iran and the P5+1 countries (China, France, Russia, the United Kingdom, […]
By Robert Tollast. Iran will be supplying an extra 10 million cubic metres of gas per day to Iraq under a modification of a deal that originally allowed for 25 million cubic metres per day. This is a continuation of a deal in 2013 where Iran would supply gas to Iraqi power plants, Tasnim news agency reports. […]
