From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Emir's second visit in two years highlights rising Qatari role in Iraq Qatar's Emir Sheikh Tamim bin Hamad Al Thani has met with top officials in Baghdad in his second visit to Iraq […]
By John Lee. Further details have been announced regarding Qatar's major investment in Iraq. Estithmar Holding Q.P.S.C. has said in a statement that it has signed three MoUs with Iraq's National Investment Commission (NIC) with a total value of 7 billion US dollars to develop new modern comprehensive cities, 5 stars hotels and also manage […]
By John Lee. Iraq and Qatar have solidified their bilateral relations through the signing of several agreements and memorandums of cooperation. Prime Minister Mohamed Shia Al-Sudani and the Emir of Qatar oversaw the signing ceremony, emphasizing comprehensive cooperation in politics, economy, energy, and investment. A joint declaration of intent was signed, paving the way for […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani has held talks in recent days with representatives of business interests from several countries: On Monday, the Prime Minister received the President of the US-Iraqi Business Council, and the Vice President of the American Chamber of Commerce for Middle East Affairs, Mr. Steve Lutes. The meeting […]
Statement from US National Security Advisor Jake Sullivan Welcoming Developments in Iraq's Energy Sector We welcome significant progress in Iraq this week with respect to energy deals that further strengthen Iraq's sovereignty, independence, and economic prosperity. First, the Government of Iraq and the Kurdistan Regional Government reached a historic agreement on the export of oil […]
By John Lee. TotalEnergies has confirmed that it will proceed with the Gas Growth Integrated Project (GGIP) in Iraq. In a statement to the markets on Wednesday, it added that QatarEnergy to take a 25-percent stake in the project. Also, in agreement with Iraqi authorities, TotalEnergies will invite the Saudi company ACWA Power to join […]
Continuing his meetings in Germany on the sidelines of Munich Security Conference last week, President Nechirvan Barzani met with His Excellency Sheikh Mohammed bin Abdulrahman Al-Thani, the Deputy Prime Minister and Minister of Foreign Affairs of the State of Qatar. The meeting focused on Qatar's relations with Iraq and the Kurdistan Region and their joint […]
By John Lee. Mobile phone service Asiacell has reported an increase in customers and data traffic, but a drop EBITDA. In its financial results for the year ended 31 December 2022, parent company Ooredoo said: "Asiacell reported solid Revenue for the year 2022, reaching a total of QAR 3.7 billion. However, the EBITDA saw a […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. China Makes Big Moves To Secure Iraqi Oil Whilst the U.S. and its allies appear to be taking a subtle approach to advancing their remaining interests in Iraq, as hinted […]
By John Lee. TotalEnergies is reportedly pulling its foreign staff out of Iraq as it struggles to finalise a deal with Baghdad for its $27-billion package of energy projects. According to Reuters, the negotiations have stalled over a demand from Iraq for a 40-percent share in the projects. The head of the Basra Oil Company […]
By John Lee. Mobile phone service Asiacell has reportedly appointed US-based LigaData to implement a new Data Governance Framework and Data Governance Center of Expertise. According to a press release, the partnership will enable more innovative digital services for Asiacell's 17 million subscribers and significantly improve the organization's return on investment from existing data infrastructure. […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Gulf Cup gives Iraq chance to draw closer to Arab neighbors Iraq is about to embark on a new chapter in its sporting history. From 6th-19th January, Basra will host the 25th edition […]
