Tag Archives | Lebanon

AHK Iraq welcomes New Partners

By John Lee. The German Liaison Office for Commerce & Industry in Iraq (AHK Iraq) has announced three new corporate partners specialising in project management, engineering services, and industrial equipment. Omid Project Management (OPM Group) has joined as a Silver Partner. The company is an international project management consultancy and EPCM provider with expertise in: […]

Iraq Recovers Over $3m in Embezzled Funds

By John Lee. Iraq's Commission of Integrity has recovered more than $3 million in embezzled funds belonging to the Baghdad Municipality, following a favourable ruling by the Lebanese judiciary in support of the Iraqi government. The authority said the recovery was achieved through close coordination with the Iraqi Embassy in Beirut, leading to enforcement of […]

Basra Airlines Takes Delivery of Two CRJ-1000 Aircraft

By John Lee. Jetcraft Commercial has delivered two Bombardier CRJ-1000 regional jets to the newly-launched Basra Airlines. The CRJ-1000 fleet is expected to initially serve domestic routes from Baghdad, complemented by regional services to strategic destinations including Dubai, Beirut, and Amman. Basra Airlines, which received its Air Operator Certificate (AOC) in December, is preparing to […]

The Hezbollah Disarmament Debate Hits Iraq

By Hasan Hamra, for the Carnegie Endowment for International Peace. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Hezbollah Disarmament Debate Hits Iraq Beirut and Baghdad are both watching how the other seeks to give the state a monopoly of weapons. Click […]

Iraq to Export Oil through Syria?

By John Lee. Iraq's Minister of Oil Hayan Abdul Ghani has held talks in Baghdad with Syrian Minister of Energy Mohammad Bashir, focusing on cooperation in oil, gas, and energy. Discussions covered Iraq's plans to diversify crude oil export routes amid rising production, including rehabilitating or replacing the Iraq-Syria export pipeline, which was active in […]

Iraq Reduces Foreign Debt Liabilities

By John Lee. Iraq's state-owned Rafidain Bank has announced that it has "completed" 87 percent of its foreign debt obligations through high-level legal and financial negotiations, significantly reducing the country's external liabilities. As part of Iraq's adherence to the Paris Club Agreement and with direct Cabinet approval, the bank concluded major settlements with Dutch and […]

Turkish and Lebanese Companies to build new Tigris Bridge

By John Lee. Prime Minister Mohammed Shia Al-Sudani on Wednesday launched the construction of Al-Kriat [Al-Kari'a] Bridge over the Tigris River as part of the Baghdad reconstruction campaign, specifically targeting the revitalisation of the holy city of Kadhimiya. The work will be carried out by Turkish company HSY Yapi Insaat and Lebanon's Khatib & Alami. […]

Iraq-Lebanon Oil Link to be Revived?

By Dana Taib Menmy for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Is the revival of the Iraq-Lebanon oil link just a pipe dream? The proposal has been raised multiple times over the past few years in talks between successive […]