By John Lee. KRG Prime Minister Masrour Barzani has laid the foundation stone at the first solar power plant in Erbil province. The 25-MW plant is being developed by a consortium consisting of Pluto Otto Cycle and Chinese companies Getting International Energy (which also has interests in neighbouring Jordan) and Shenglong Electric. The deal to […]
Man Convicted Of Torture And Exporting Weapons Parts And Related Services To Iraq A federal jury convicted a Pennsylvania man on May 19 for numerous crimes, including the torture of an Estonian citizen in 2015 in the Kurdistan region of Iraq, in connection with the operation of an illegal weapons manufacturing plant in Kurdistan. According […]
By John Lee. Shafaq News Agency has publised a video clip of a brawl in the Kurdistan Parliament on Monday (22nd May). Click here to view. (Source: Shafaq News Agency)
By John Lee. Iraq's Cabinet has approved a substantial capital increase in the Fund for Supporting Small Income-Generating Projects. The fund's capital will be increased from the previous amount of 150 billion dinars to 1,350 billion dinars ($1 billion). According to a government statement, this expansion is part of the Ministry of Labor and Social […]
By John Lee. The Iraqi Cabinet has taken steps to support the growth and development of Iraqi Airways, following the Prime Minister's visit to Baghdad International Airport and his call for an improvement in services. The approved decisions, based on the recommendation of the Ministerial Council for Economy, are as follows: The General Company for […]
By John Lee. The Jordanian Accreditation and Quality Assurance Commission for Higher Education Institutions (AQACHEI) and the Iraqi Ministry of Higher Education and Scientific Research have reportedly signed a cooperation agreement to accredit medical colleges in Iraq. According to Petra News Agency, the agreement was signed by the Chairman of the Commission, Thafer Assaraira, and […]
Iraq invests in building a social security system that protects workers The Council of Representatives in Federal Iraq voted on Wednesday (May 17) to adopt the new Social Security Law for Private Sector Workers, which introduces far-reaching reforms to the social security system for private-sector workers. The new law, which will replace Law No. 39 […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully completed the drilling of oil well MJ-150 in the Majnoon oil field in southern Iraq, collaboration with Halliburton. This is part of the contract between the ICD and the Basra Oil Company (BOC), which involves drilling a total of 43 oil wells in the area. […]
By John Lee. The Iraqi Ministry of Transport, led by Eng. Farhan Al-Fartousi, Director of the General Company for Iraqi Ports, held a meeting with the delegation from Italian consulting company Progetti Europa & Global S.p.A. (PEG), contracted with the Ministry. The meeting, attended by the Al-Faw Grand Port Authority, focused on the latest designs […]
Kurdistan to increase agricultural exports to Europe The Kurdistan Regional Government has set a goal to find new markets for local farmers' produce, including increased exports to Europe. A local factory in the Akre district, with support from the KRG, is involved in the packaging and transportation of domestic goods, which will bear the label […]
By Jerome Radiguer, ITC-SAAVI Senior Advisor Retail Strategy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Building Sustainable and Equitable Food Markets in Iraq through Innovative Retail-Level Interventions Tackling Market Inefficiencies to Boost the Agricultural sector and Improve Food Access The issue Iraq's […]
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 […]
