By John Lee. The Qatar Red Crescent Society (QRCS) has recently launched a new project to provide medical care for patients with cancer in Iraq. Full statement from QRCS: Within the context of backing the health sector in Iraq, Qatar Red Crescent Society (QRCS) has recently launched a new project to provide medical care for […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. TotalEnergies Agreement Smells Filthy The more information becomes available about this agreement, the more it exposes the extent of unfairness and damage to Iraq national interest, and the deception or scandal of […]
By John Lee. Iraq's Minister of Electricity, Engineer Ziad Ali Fadel, met with a delegation from the Qatari company Urbacon on Monday. The discussions focused on plans for the reconstruction of the Baiji Thermal Power Station in Salahuddin Province. The plant, which the Ministry sees as an investment opportunity, has a capacity of 2,100 MW. […]
By John Lee. Qatar's Ooredoo, Kuwait's Zain Group and TASC Towers Holding of Dubai are to create the largest tower company in the MENA region, in a cash and share deal. The enlarged tower company, comprising approximately 30,000 towers, has a combined estimated current enterprise value of USD 2.2 billion. Ooredoo and Zain will equally […]
By John Lee. In a meeting of the Joint Management Committee, Iraq's Oil Ministry discussed the development plan for fields and projects contracted with the French company TotalEnergies. The Deputy Minister for Extraction Affairs affirmed the ministry's commitment to implementing strategic projects with TotalEnergies and QatarEnergy. According to a statement from the Ministry, the four […]
By John Lee. Qatar has appointed a new Consul General in Erbil. The Head of the Protocol Department at the Ministry of Foreign Affairs, Ammar Dawood, received the consular credentials of HE Hussein bin Ali Al Fadala on Tuesday. The Qatari Investment Holding Company [Estithmar Holding] has recently announced investments in Iraq. (Source: Qatari Ministry […]
By John Lee. Mobile phone service Asiacell has reported strong growth in revenue and EBITDA. In its financial results for the nine-month period ended 30 September 2023, parent company Ooredoo said: "Asiacell maintained its strong performance into Q3, delivering double-digit revenue and EBITDA growth. Asiacell' customer base remained stable at 17.1 million customers. "Revenue increased […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Sunday evening to discuss diversifying gas sources for power stations in Iraq. During the meeting, the delegation's report on their recent visit to Qatar was discussed, led by the Deputy Minister of Electricity. The meeting concluded with an agreement to establish a fixed […]
By John Lee. The Prime Minister of Iraq, Mr. Mohammed Shia Al-Sudani, has laid the foundation stone for a large tourism complex in Baghdad. The project includes a large hotel, a residential complex, and various tourism facilities. The Qatari Investment Holding Company [Estithmar Holding] is leading the project, which marks Qatar's first investment venture in […]
By John Lee. Qatar's Estithmar Holding Q.P.S.C. has announced that its subsidiary, Elegancia Healthcare W.L.L., has established a branch in Iraq in line with the memorandum of understanding that was signed recently with the aim of managing and operating several hospitals that will start soon in Iraq. Estithmar also announces that it's subsidiary, Elegancia Marine […]
By John Lee. The Ministry of Electricity has reportedly confirmed the formation of a joint committee with the Ministry of Oil to discuss importing gas from Qatar and Turkmenistan. State-run Iraqi News Agency (INA) quoted theh Minister of Electricity, Ziyad Ali Fadhil, as saying that the committee will go with a delegation to Turkmenistan, and […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani reviewed initial plans and overall outlines for a large tourist complex in central Baghdad on Sunday. The project proposal was submitted by the Qatari Investment Holding Company [Estithmar Holding], specialized in real estate development and investment in tourist destinations. Pictures provided by the Media Office of the […]
