Tag Archives | Lebanon

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 […]

900 Lebanese Companies Operating in Iraq

By John Lee. Iraqi Foreign Minister Fuad Hussein received the Lebanese Ambassador Mr. Ali Al Habhab at the Ministry's headquarters in Baghdad on Tuesday. Among other items, the meeting discussed economic and investment relations and cooperation at various levels; the Lebanese Ambassador indicated that there are about 900 Lebanese companies operating in Iraq, including 600 […]

Iraq Seeks to Boost Economic Ties with Lebanon, Syria

By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makkiya, has met with the Lebanese Minister of Economy and Trade, Mr. Amin Salam. During the meeting, Makiya affirmed Iraq's desire to expand cooperation in the investment sector. The NIC chairman stated that the Iraqi government aims to achieve integration in […]

Iraq, Lebanon Discuss Fiber Optic Cable Project

By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makiyya, has met with the Lebanese Prime Minister, Mr. Najib Mikati. They discussed extending a fiber optic cable project from Iraq through Syria and Lebanon, emphasizing the importance of integration in vital and strategic projects among regional countries. Makiya stated that […]