A high-level meeting between the United Nations and international donors took place in Baghdad to discuss the United Nations' updated development strategy for Iraq. The meeting focused on the 2020-2024 United Nations Sustainable Development Cooperation Framework (UNSDCF), which was signed by the Government of Iraq in September. The UN was represented by the Deputy Special […]
Tag Archives | Italy
Tags: Australia, Belgium, Canada, Denmark, European Union (EU), featured, Finland, germany, Italy, Japan, Netherlands, Romania, Sustainable Development Cooperation Framework (UNSDCF), Sweden, United Kingdom, United Nations (UN), United States
IDC to Drill 37 Wells at Zubair Oil Field
By John Lee. The Iraqi Drilling Company (IDC) has signed a contract with Schlumberger to provide drilling services for 37 oil wells in the Al-Zubair field in Basra for the Italian company ENI, which will operate the field. The Director General of the Iraqi Drilling Company, Basem Abdul Karim, said that the contract includes the […]
It's Time to Rethink the EU Strategy Towards Iraq
By Federico Borsari, for the Italian Institute for International Political Studies (ISPI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. It's Time to Rethink the EU Strategy Towards Iraq The EU should prepare for a deeper and more comprehensive engagement with the full […]
Tags: European Union (EU), featured, Italian Institute for International Political Studies (ISPI), Italy
UniHouse to run Talented Iraqi Program for Eni
By John Lee. Italian energy company Eni S.p.A has signed an agreement with UniHouse to execute the Talented Iraqi Program. Under the scheme, high-caliber, talented Iraqi students will be placed in the UK to study for Bachelor of Medicine degrees. UniHouse will provide a full range of services, including preparation, exams, orientation, and in-country academic […]
PEG to Study Rail Link to Grand Faw Port
By John Lee. Italian-based Progetti Europa & Global S.p.A. (PEG) is to present its technical and commercial proposals for the development of the railway sector in conjunction with the Grand Faw Port. The statement from the Iraqi cabinet gave no further details. (Source: Govt of Iraq)
Italy Increases Iraq Funding by $2.4m
Italy renews its commitment to Iraq's stabilization with a new US$2.4 million contribution The Ministry of Foreign Affairs and International Cooperation of Italy, represented by the Italian Agency for Development Cooperation (AICS), is supporting the United Nations Development Programme (UNDP) with an additional EUR 2 million (US$2.4 million) to assist communities affected by the Islamic […]
Tags: featured, Funding Facility for Stabilization (FFS), Italian Agency for Development Cooperation (AICS), Italy, mn, UN Development Programme (UNDP)
Al-Maqal Port "to become Tourist Landmark"
By Editor on 3rd June 2021 in Construction & Engineering In Iraq, Iraq Transportation News, Leisure and Tourism in Iraq
By John Lee. Sharjah 24 reports that Iraq's General Company for Ports is accepting offers from private companies to turn the disused Al-Maqal Port on the Shatt al-Arab into a tourist destination. It adds that an Italian company has already completed designs. Since the Iraq war, the port has reportedly declined for transport purposes, following […]
Iraq Seeks Recovery of Funds Frozen in Italy
By John Lee. Iraq is reportedly trying to recover Iraqi funds frozen in Italy. Foreign Minister Fuad Hussein (pictured) is reported as saying that Baghdad is attempting to recover around EUR 600 million, plus interest, that the Saddam Hussein regime paid to Italian companies to purchase weapons. According to Basnews, the weapons were not delivered […]
New Contracts for Iraqi Drilling Company (IDC)
By John Lee. The Iraqi Drilling Company (IDC) has announced its intention to conclude contracts with Chinese and American companies operating in Iraq to drill and rehabilitate dozens of oil wells in the country. The company indicated it is about to start drilling 20 wells in the Nasiriyah field in Dhi Qar, which are included […]
Tags: Basra Oil Company (BOC), BP, Central Oil Company, China, Dhi Qar, Dhi Qar Oil Company (DQOC), drilling, East Baghdad, ENI, featured, Iraqi Drilling Company (IDC), Italy, Kirkuk Oilfields, Majnoon, Maysan Oil Company (MOC), Missan Oil Company (MOC), mn, Nasiriyah, North Oil Company (NOC), United States, Zubair
Italy, UNOPS to provide Services for Returnees in Sinjar
By Editor on 13th March 2021 in Construction & Engineering In Iraq, Healthcare, Iraq Education and Training News
AICS and UNOPS Partner to Rehabilitate the Basic Services for Returnees in Sinjar, Iraq The Italian Cooperation and UNOPS launched a new project to support the Government of Iraq in rehabilitating basic services to returnees in Sinjar. The project will support the Government of Iraq in rehabilitating the basic water services for returnees in Sinjar […]
Tags: featured, Humanitarian Response Plan (HRP), Italian Agency for Development Cooperation (AICS), Italy, mn, reconstruction, Sinjar, Sustainable Development Goals (SDGs), UN Office for Project Services (UNOPS)
Russian Oil Firm to Finance Nassiriyah Development
By John Lee. The Dhi Qar Oil Company (DQOC) has reportedly said that Litasco, the international marketing and trading company of Russia's LUKOIL, will finance the doubling of capacity at the Nassiriyah oil field from 100,000 barrels per day (bpd) t0 200,000 bpd. The project includes a 42-kilometer pipeline, and will be a joint venture […]
Tags: Dhi Qar Oil Company (DQOC), featured, Italy, Litasco, LUKoil, mn, pipelines, Progetti, Russia, State Company for Oil Projects (SCOP)
Daewoo in $2.6bn Iraq Port Deal
By John Lee. The Iraqi cabinet has authorised the Director General of the General Company of Iraqi Ports to sign a contract with the South Korean company Daewoo to construct the first phase of the Al-Faw Great Port project in Basra. The project will be supervised by the Italian consulting company Technital. Reuters reports that […]