By John Lee. Iraq's Ministry of Trade has held a virtual seminar aimed at helping the country's date industry meet European Union requirements and expand export opportunities into European markets. The event, titled "Standards for the Entry of Iraqi Dates into European Markets", was organised by the ministry's Private Sector Development Department, in cooperation with […]
By John Lee. Italian hospital group Gruppo San Donato (GKSD) has reportedly renewed its contract with the Iraqi Ministry of Health to manage the Al-Najaf Al-Ashraf Teaching Hospital in Najaf. According to ANSA, the agreement is valued at $40.5 million per year, and was announced following a meeting between Kamel Ghribi, president of GKSD and […]
By John Lee. A cargo vessel operated by Mediterranean Shipping Company (MSC) was struck by two projectiles near Umm Qasr on 1st June, according to the United Kingdom Maritime Trade Operations (UKMTO) Centre and MSC. The vessel, the MSC Sariska V, was departing port when the first projectile hit while the pilot was still onboard; […]
By John Lee. Italy's Eni increased its hydrocarbon production in Iraq in 2025, with liquids rising from 10 to 11 million barrels (mmbbl), natural gas from 25 to 30 billion cubic feet (bcf), and total hydrocarbons from 15 to 17 million barrels of oil equivalent (mmboe). According to its latest Annual Report, activity centred on […]
From the United Nations Refugee Agency (UNHCR). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Italy strengthens support for refugees in Iraq with a significant contribution UNHCR, the UN Refugee Agency, welcomes a generous contribution from the Government of Italy, through the Italian Agency […]
By John Lee. The NATO Mission in Iraq (NMI) has relocated all its personnel from Iraq to Europe. In a statement, it confirmed that the final personnel departed Iraq on 20th March, with the mission now continuing from Joint Force Command Naples in Italy. Full statement from NATO: NATO Mission Iraq Posture Adjusted MONS, Belgium - […]
Joint statement from the leaders of the United Kingdom, France, Germany, Italy, the Netherlands, Japan and Canada on the Strait of Hormuz: 19 March 2026 19 March 2026 We condemn in the strongest terms recent attacks by Iran on unarmed commercial vessels in the Gulf, attacks on civilian infrastructure including oil and gas installations, and […]
By John Lee. Energy Intelligence reports that Iraq's state-owned Basra Oil Company (BOC) has subcontracted management of the West Qurna-2 oil field to a consortium of Italian engineering firm Bonatti and local firm Hilal al-Basra [Crescent Basra]. West Qurna-2, operated by Lukoil under a service contract, is fully state-owned. Following recent US sanctions on Lukoil […]
By John Lee. The operational plan for the Development Road project has been reviewed, alongside progress on engineering designs and economic feasibility. The discussions were held during a meeting involving Oliver Wyman, the project's financial advisory firm, and BTP, the Italian engineering consultancy, at the headquarters of the Iraqi Republic Railways Company. Key points covered […]
By John Lee. The United Nations General Assembly has elected Barham Ahmed Salih of Iraq as the next United Nations High Commissioner for Refugees (UNHCR), for a five-year term. He will succeed Filippo Grandi of Italy and is expected to assume office on 1 January 2026, based in Geneva. A statement from the office of […]
By John Lee. Iraq's Ministry of Trade has held talks with the Iraq-Italy Business Council (IIBC) on expanding economic cooperation and encouraging greater Italian investment in the Iraqi market. Discussions focused on opportunities in industry, services and technology, as well as measures to improve the business environment and support small and medium-sized enterprises. The ministry […]
By John Lee. Italy's Prometheus will supply its ProFlex passive fire protection systems for the New Nassiriya Depot Project, where China Petroleum Pipeline Engineering Co., Ltd (CPP) is the EPC contractor. The project, developed by the State Company for Oil Projects (SCOP), involves the construction of a new crude oil storage and handling facility on the […]
