Tag Archives | Saudi Arabia

Baims Acquires MedMasters, Enters Iraqi Education Market

By John Lee. Baims, a MENA-based education technology group, has acquired MedMasters, an Iraq-based online medical education platform, marking its second strategic acquisition and its entry into the Iraqi market. The transaction expands Baims' regional footprint and strengthens its position in digital higher education across the Middle East. Founded by Dr. Abdulazeez Salam and Dr. […]

Kirkuk-Baniyas Oil Pipeline Remains "Suspended"

By John Lee. The Undersecretary at Iraq's Ministry of Foreign Affairs has told state-run Iraqi News Agency that work to rehabilitate the Kirkuk-Baniyas oil pipeline remains suspended due to the security situation in Syria. He added that government is reviewing alternative export routes, including: Oil export link via Turkey Proposed connection through Jordan to Egypt […]

OPEC+ Maintains Oil Production Policy for Early 2026

By John Lee. Iraq participated via video link in a meeting of OPEC+ countries to review global oil market conditions and the production outlook, as the group confirmed it will maintain its current production policy during early 2026. Full statement from OPEC: Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to […]

Flynas launches Flights between Madinah and Baghdad

By John Lee. Saudi carrier Flynas has announced the launch of a new direct service connecting Madinah (MED) and Baghdad (BGW), with flights commencing on 6 December. The route will operate twice weekly, providing improved travel options for pilgrims and other passengers moving between the two cities. The new service forms part of Flynas' regional […]

Basra Petrochemical Company Announces New Projects

By John Lee. The State Company for Petrochemical Industries in Basra, part of the Ministry of Industry and Minerals, has announced a series of projects aimed at restarting production across its plants and strengthening Iraq's national industry. Director General Mazen Abdul-Razzaq said the company is continuing implementation of a partnership contract to establish a chlorine […]

PM opens Al-Fadhiliya General Hospital in Baghdad

By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has opened the new Al-Fadhiliya General Hospital in Baghdad on Thursday, a 246-bed medical facility that had been stalled since 2014. According to a press release from the Prime Minister's Media Office, the project, now completed eight months ahead of schedule, marks a major milestone in […]

CAAP Wins $764m Bid to Rehabilitate and Operate Baghdad Airport

By John Lee. The Iraqi Cabinet has approved a major project to rehabilitate, develop, and operate Baghdad International Airport through a partnership with a global private-sector operator. The initiative aims to raise the airport's standards to meet international aviation safety and security requirements, attract international airlines, and restore Iraq's reputation in the global air transport […]

3 Consortia, spaning 9 Countries, bid to Develop Baghdad Int'l Airport

By John Lee. The Iraqi Ministry of Transport has received bids from several international companies to develop Baghdad International Airport (BIAP). According to Bassem Waheed, Acting Director General of the Contracts and Licensing Department, the Ministry's evaluation committee will select the best offer to ensure high-quality development services for the airport. Three consortia submitted proposals: […]

Iraq, Saudi Firms sign Electrical Industry Agreements

By John Lee. The Minister of Industry and Minerals, Prof. Eng. Khaled Battal Al-Najm, oversaw the signing of partnership agreements between Iraqi private sector companies and their Saudi counterparts in the field of transformer and electrical equipment production. The signing took place during the Iraq Investment Forum, attended by the Saudi Ambassador to Iraq. According […]

Iraq, Saudi Arabia Discuss Investment Opportunities

By John Lee. National Investment Commission (NIC) Chairman Dr. Haider Mohammed Makiyya met on Wednesday with Saudi investor Mohammed Al-Khraif and his accompanying delegation to discuss ways of enhancing investment cooperation between Iraq and Saudi Arabia across multiple economic and industrial sectors. Dr. Makiya reaffirmed the government's commitment to providing a safe and attractive environment […]

Digital Piracy in Iraq: Media Giants Demand Govt Action

By John Lee. Major international entertainment and sports organisations have launched a coordinated campaign urging the Iraqi government to shut down illegal streaming platforms that are costing the country's potential digital media market up to $1 billion annually. The campaign follows the Iraq Without Piracy Summit held in Baghdad in February, which brought together local, […]

IFC in Iraq announces $1bn in New Investments

IFC Marks 20 Years of Partnerships for Impact in Iraq, Announces $1bn in New Investments The International Finance Corporation (IFC), a member of the World Bank Group, held an IFC Partnerships Day in Baghdad on Saturday, under the patronage of His Excellency Mr. Mohammed Shia' al-Sudani, Prime Minister of Iraq, to mark two decades of […]