By John Lee. Iraq's Deputy Minister of Oil for Refining Affairs emphasized the government's and ministry's focus on increasing refining capacity and improving production at national refineries to achieve self-sufficiency and gradually transition to exporting refined products to global markets. Deputy Minister Hamed Younis highlighted that the dedicated efforts of the South Refineries Company (SRC) […]
By John Lee. Iraqi has passed an amendment to existing legislation, officially called the Anti-Prostitution and Homosexuality Law, which bans same-sex relations. According to reports, anyone in a same-sex relationship could now be jailed for ten to fifteen years; people identifying differently from their biological sex could be jailed for one to three years; and […]
From the Iraq Britain Business Council (IBBC): The IBBC Agritech Committee hosted the Iraqi Agriculture Minister, H.E. Abbas Jebur Al Maliky [Dr. Abbas Jabber Al-Maliki] for a three-day introduction visit to British agricultural capabilities, UK ministers, shadow ministers and IBBC members. Led by Dr Amet Selman of AAA Holding, the Agritech committee chairman, and Mr […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani met with Jamie Burrows, CEO of Vertical Future, a company specializing in vertical farming technology, on the sidelines of the World Economic Forum (WEF) in Riyadh. The Prime Minister expressed his desire to collaborate with the global company to bring advanced agricultural technology to Iraq, which […]
By John Lee. Japan's Nissan Motor Corporation has appointed Al Sour as its official and registered distributor in Federal Iraq. According to a statement from Nissan, this strategic collaboration will commence with the establishment of several sales, service, and spare parts facilities across key cities, including Baghdad, Najaf, Mosul, and Zakho, as well as other […]
By John Lee. A drone attack on Friday evening has killed four workers at Khor Mor gas field in Sulaymaniyah province. Press reports say the dead were Yemeni nationals. Electricity supplies have also been disrupted. A KRG statement said that initial information suggested the attacks come from "a nearby region within Iraq"; KRG Prime Minister […]
By John Lee. Turkiye's Tiryaki Agro has signed a goodwill agreement with the Iraq Development Fund to develop Iraqi agriculture. The agreement was signed in Baghdad by Mr. Mohammed Al-Najjar, Director of the Iraq Development Fund, and Mr. Ahmet Tiryakioğlu, Chairman of the Board of Directors of Tiryaki Agro. The ceremony took place with the […]
By John Lee. The Iraqi Ministry of Planning held a meeting with the Japan International Cooperation Agency (JICA) to discuss the possibility of continued loans to fund new development projects in Iraq. These projects cover sectors such as health, electricity, sanitation, and the Basra refinery. Dr. Maher Hamad Johan, the ministry's Undersecretary for Technical Affairs, […]
By John Lee. The Iraqi Ministry of Planning held a meeting with the German government to discuss development cooperation across various fields. The meeting, led by Dr. Saher Abdul Kadhim Mahdi, Director General of the International Cooperation Department, included the German Embassy's economic advisor and his delegation. The discussion covered development activities funded by Germany […]
By John Lee. Gulf Keystone Petroleum (GKP) has just published details of its payments to governments for the year 2023: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ("Gulf Keystone") for the year ended 31 December 2023 as required under Disclosure and […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 25th April 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,857.0 5.1% 19.5% RSISX USD Index […]
By John Lee. Iraq has signed a contract with Ukrainian company Ukrzemresurs to develop the Akkas gas field in Anbar Province. According to a statement from the Ministry of Oil, the goal is to increase national production by an additional 400 million standard cubic feet per day (MMSCFD) of gas within four years, to supply […]
