The Kurdistan Regional Government (KRG) signed a broad agreement with the Veneto region of Italy in Venice to strengthen political, economic, and cultural ties. The Memorandum of Understanding (MOU) was signed on behalf of Kurdistan Region’s President Masoud Barzani by his Chief of Staff Dr Fuad Hussein, and by the President of Veneto Region Luca […]
Italian oil company ENI plans to invest in Basra province in the fields of economy, science, and sport. Basra's Governor says the company dedicated about $ 5 Million to implement several projects to enhance relations with Basra and its citizens, he added that the company is ready for real investments in agriculture and cattle projects, […]
The United Nations Industrial Development Organization (UNIDO) will launch in January a EUR 3 million technical cooperation project in Iraq to develop industrial zones and enhance investment in the country. The two-year project will be funded by the Government of Italy, and implemented in coordination with the World Bank. An agreement on the funding was […]
Italy's Eni SpA and its partners will raise oil production from Iraq's Zubair oil field 10% above its previous level of around 180,000 barrels a day by the end of this year, the company said on Tuesday. Dow Jones reports that once the 10% increase is achieved, Eni will start receiving payment in the form […]
The new Iraqi Ambassador in Rome, Siwan Barazani, said on Friday that he seeks to achieve "twinning" between Iraqi and Italian cities to help develop economic relations, according to the Italian AGI news agency. The agency quoted the diplomat as saying that Italy is Iraq’s major European economic partner, and that many Arab countries, including […]
Italy's government and energy company ENI said on Friday they are setting aside a total of one million Euros (1.2 million dollars) to finance sports development projects in Iraq.
Head of the Diwaniya Investment Commission said on Friday that a Memorandum of Understanding has been signed with an Italian group to establish a residential compound in the province.
Minister of Water Resources, Abdulatief Jamal Rashied, signed on Thursday implementing strategic study of Iraq’s water and lands resources contract with Italian SGI and MED companies at a cost of $35.8 million
The construction cost of this port is of 4.3 million euros and the first stage thereof will be implemented by an Italian company. The first stage is expected to end in 3 years maximum and the development thereof is expected to last till 2028.
An Italian group will begin construction in a month's time on what will become Iraq's largest shipping port, the Iraqi transport minister announced Monday.
