By John Lee. The General Company for Land Transport (GCLT) has held a meeting with its Saudi Arabian counterpart to discuss the opening of the Arar border crossing between the two countries. According to a statement from Iraq's Ministry of Transport, the participants stressed the importance of the new border facility for commercial trade and […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Riyadh woos Iraqis with security talks, economic projects Falih al-Fayadh, head of the Popular Mobilization Units and Iraq's national security adviser, visited Saudi Arabia Jan. 31 in a sign of the […]
By Omar al-Jaffal for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Saudi media group MBC announced in early February that it will launch a new TV channel — MBC Iraq — aimed at Iraqi viewers. Soon after the announcement, a number of angry responses emerged in […]
By John Lee. A delegation from the Saudi Arabian government reportedly arrived in Baghdad on Saturday to discuss the construction of a 100,000-seater football stadium. Saudi Arabia’s King Salman promised last March to build a football stadium in Iraq. According to some reports, it was later announced that Saudi Arabia would increase the number of […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. As the Gulf crisis continues with the rivalry between Saudi Arabia and Qatar, with no sign of a resolution, each country deems it necessary to seek a rapprochement with […]
By John Lee. Saudia Airlines has announced that it will start direct services to Erbil in October. The service will offer three flights per week from Jeddah. (Source: Saudia Airlines)
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Kamal al-Ayash. As Iraq Sanctions Iran Trade, Saudi Arabia Boosts Border Crossing Opening the Arar border crossing on Iraq’s border with Saudi Arabia could help locals economically. But analysts […]
By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Will Riyadh-Tehran rivalry kill Iraqi Kurdistan's investment drive? Iraqi Kurdistan, facing an acute financial crisis, has a newfound opportunity to attract desperately needed foreign investment from Saudi Arabia, but regional tensions between Tehran and Riyadh […]
By John Lee. The spokesman for the Ministry of Electricity, Dr. Musab Sari al-Mudaris [Mussab Serri al-Mudaris] (pictured) has denied reports that he had told Bloomberg about an agreement to buy electricity from Saudi Arabia. He said the statement from the news agency is incorrect. Bloomberg had cited Mudaris as saying that Saudi Arabia agreed […]
KRG Prime Minister Nechirvan Barzani received a delegation from the Kingdom of Saudi Arabia including President of the Chambers of Commerce of Saudi Arabia Dr. Sami bin Abdullah Al-Obaidi, Saudi Ambassador to Iraq Abdulaziz al-Shammari, Saudi Consul General to the Kurdistan Region Mansour Faisal al-Otaibi and a number of officials and members of Saudi Chambers […]
By John Lee. The Trade Bank of Iraq (TBI) has announced that it will open a branch in Saudi Arabia. Faisal Al Haimus, Chairman of TBI said: “This important addition to our bank accomplishments shall strengthen trading and banking relationships between the two countries." (Source: TBI)
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. It's been three weeks since the parliamentary election in Iraq and many Iraqis voted for a nationalist party opposed to foreign interference. But both Riyadh and Washington want an Iraq that is sympathetic […]
