Siemens Energy has been awarded long term service contracts for several powerplants, from the Ministry of Electricity of the republic of Iraq, to improve energy stability and availability, as well as provide training, skills, and employment opportunities for Iraqis. These contracts represent the first portion of prioritized projects under the Iraq Energy Agenda - Wave […]
By John Lee. Romania's Prime Minister, Nicolae-Ionel Ciucă, has met with representatives of Iraq's Mass Global Energy Rom, the company that purchased the Mintia Thermal Power Plant. During the meeting, the investment plan worth over one billion euros, designed to turn the thermal power plant into the EU's largest and most efficient power production capacity […]
By Suadad al-Salhy for Middle East Eye. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq caused a currency crisis by paying Iran in dinars Desperate to avoid power shortages, Kadhimi's government gave Iran billions of dinars. US sanctions however mean it […]
By John Lee. Prime Minister Mr. Mohammed S. Al-Sudani has inaugurated the electronic passport portal and observed the detailed steps and procedures for issuing the electronic passport. He also witnessed the issuing of the first electronic passport in Iraq. The Prime Minister commended the efforts of the workers in the Directorate of Civil Status, Passports […]
By John Lee. A group of human rights organisations have expressed their deepest concern regarding the Iraqi authorities' recent campaign to crack down on 'indecent content' online. This crackdown, they say, has a chilling effect and will stifle free speech in the country. The statement, which can be read in full here, is signed by […]
By John Lee. Russia's LUKoil and Japan's INPEX South Iraq Ltd have received approval from Iraqi state-owned Thi-Qar Oil Company (TOC) for "Declaration of Commerciality of Reserves and Outline Development Proposal" for the Eridu [Arido] oilfield located within Block 10 in Iraq. Following approval by TOC (also known as Dhi Qar Oil Company, DQOC), LUKoil […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has invited several companies to develop Al-Nisour Square in Baghdad by constructing overpasses, tunnels, and an overpass over the railway towards Umm Al-Tabbul Mosque intersection, and widening the roads adjacent to the project path. The companies are: Transtech Engineers China Railway Sixth Group Co Ltd., China State […]
By John Lee. A meeting was held this week under the supervision of the Governor of Erbil, Omid Khoshnaw, for the Development and Support of Industrial Projects Committee in Erbil Governorate. At the meeting, it was decided to allocate land for the implementation of 15 heavy and medium industrial projects, whose owners applied for land. […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq rolls out new plan to reduce chronic Baghdad traffic Successive Iraqi governments have tried but failed to address the problem of traffic in the capital. Sudani's plan involves […]
FAO launching training workshop on Conservation Agriculture for Sustainable Land Management in the south The Food and Agriculture Organization of the United Nations (FAO) in collaboration with the Iraqi Ministry of Environment, the Ministry of Agriculture, the Ministry of Water Resources, and local governments launched a seven-day training workshop for 30 agriculture extension officers from […]
9By John Lee. The Kurdistan Regional Government (KRG) has reported that the Derluk Hydroelectric Power Project is now 95-percent completed. Described as the most advanced hydroelectric station in the region, the plant is located on the Great Zab River in Derluk, Amadiyah district. The $151-million project comprises two turbines, with a total production capacity of […]
By John Lee. The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to the newly-launched India-Saudi-Iraq (ISI) shipping service by Singapore-based feeder operator Bengal Tiger Line (BTL). Aimed at empowering importers and exporters with best-in-class offerings, the regional route further strengthens the Kingdom's maritime connectivity in its quest to establish itself […]
