From the United Nations Office for Disaster Risk Reduction (UNDRR): UN Agencies Launch Joint Programme to Support Iraq, Jordan, and Lebanon in Climate Change Response The International Organization for Migration (IOM), the World Health Organization (WHO) and the United Nations Office for Disaster Risk Reduction (UNDRR) have launched a joint programme to support the health […]
By John Lee. Iraq and Lebanon have signed a memorandum of cooperation in the agricultural sector. The memorandum was signed by the Ministers of Agriculture of both countries, Dr. Abbas Jaber Al-Maliki and Mr. Abbas Al-Hajj Hassan, in the presence of the Lebanese Ambassador to Baghdad, the Iraqi Consul in Beirut, and several officials. According […]
By John Lee. An executive memorandum has been signed between the Lebanese Directorate General of Civil Aviation and the Iraqi Civil Aviation Authority (ICAA) to operate 45 weekly flights between Lebanon and Iraq. Lebanon's Minister for Transport, Ali Hamie, said the agreement was a milestone in enhancing cooperation between the two countries. (Source: @alihamie_lb)
Arab Alliance for CSO Development Program at AUB Extends Civil Society Support to Morocco, Iraq, and Kuwait The Arab Alliance for CSO Development (AACSOD), a flagship program of the Non-Governmental Organizations Initiative (NGOi) at the American University of Beirut (AUB), announced the launch of its second cycle in Morocco, Iraq, and Kuwait. Following a successful […]
By John Lee. Lebanese-based Comin Insurance Brokerage is reportedly planning to enter the Iraqi insurance market by the end of this year. Managing Director Roger Zaccar is quoted by Daily News Egypt as saying that both Iraq and Jordan will be added to its portfolio this year; The company was founded in 2017, and is […]
By John Lee. The governments of Iraq and Lebanon have signed a Memorandum of Understanding (MoU) wherein Iraq will supply Lebanon with quantities of fuel and crude oil. The agreement, in line with Cabinet Decision No. 23265 in 2023, aims to support Lebanon's electricity sector and strengthen cooperation between the two countries, serving their mutual […]
By John Lee. Iraq's Council of Ministers has announced its commitment to assist Lebanon by meeting its oil derivative requirements. Additionally, they will provide support in operating the country's electricity production plants and extend the existing supply agreement for an additional third year. The State Oil Marketing Organization (SOMO) will ensure full supply as per […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq agrees to provide Lebanon with fuel for another year Lebanon's fuel crisis is showing no signs of letting up, but an exchange with Iraq is keeping one source flowing. Click […]
By John Lee. A Beirut-based delivery startup has said it will use new funding to support expansion in Iraq. Toters last month raised more than $15 million in series-B funding from the International Finance Corporation (IFC), March Holding, and BY Venture Partners, having previously raised over $5 million in two previous rounds. According to Naharnet, […]
By Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. From Beirut to Baghdad: Lebanese flee crisis seeking jobs in Iraq Iraq, once synonymous with conflict and chaos, is becoming a land of opportunity for Lebanese job-seekers fleeing a deep economic crisis […]
By John Lee. Lebanese company Primesouth International Offshore has commenced arbitration proceedings against Iraq at the International Centre for Settlement of Investment Disputes (ICSID). Details of the dispute have not been released, but in 2020 the company was reported to have signed a two-year contract, along with China CAMC Engineering Co (CAMCE), to install 640 […]
By John Lee. Lebanese-based Khatib & Alami (K&A) has announced the successful handover of the Mheila Reverse Osmosis Water Treatment Plant (WTP) on the banks of Basra's Shatt al-Arab river, with a capacity of 72,000 m³/day. The plant is the first of its kind in the region because it's reverse osmosis system enables flexible operation […]
