By John Lee. Iraqi Prime Minister Mohammed Shia' Al Sudani met with a delegation of Egyptian, Saudi, and Iraqi business leaders specializing in real estate development and integrated smart cities. The delegation included Hisham Talaat Moustafa, Chairman of Egypt's Talaat Moustafa Group (TMG); Suleiman Abdul Qader Al-Muhaidib, Chairman of Saudi Arabian Al-Muhaidib Group, along Essam […]
By John Lee. The Chairman of the Federation of Saudi Chambers, Hassan Al-Huwaizi, has met in Riyadh with the Chairman of the Iraqi-Saudi Parliamentary Friendship Committee, Sheikh Shaalan Al-Karim. According to a press release from the state-run Saudi Press Agency (SPA), the meeting explored investment and trade prospects and emphasized the importance of legislation that […]
By John Lee. The Iraqi Ministry of Communications, under the direct supervision of Minister Dr. Hayam Al-Yasiri, announced the signing of a contract for the deployment of the 2Africa Pearls undersea cable. The agreement, signed with Gulf Submarine Cables Company owned by Saudi Arabia's STC, aims to route internet capacities from around the world through […]
From Action Contre la Faim (ACF). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Farmers in southern Iraq hit by water crisis Situated at the crossroads of Iran, Kuwait and Saudi Arabia, Basra is surrounded by salt-stained desert plains and the flares of oil […]
By John Lee. Saudi air carrier flynas has launched its first direct flight between Dammam and Al Najaf on Saturday. An inaugural ceremony was held at King Fahd International Airport (KFIA) in Dammam, attended by HE Iraq ambassador to Saudi Arabia and representatives from flynas, the Saudi-Iraqi Coordination Council, the Saudi General Authority of Civil […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Saudi Arabia opens up to Iraq's Shiite shrines Indicating a changing approach to Iraq, Saudi Ambassador to Baghdad Abdulaziz Al-Shammari has paid a highly publicized visit to a major Shiite shrine […]
By John Lee. The Development Fund for Iraq has signed Memoranda of Understanding with 12 Saudi companies. A statement from Saudi Arabia's Ministry of Investment did not specify the companies or the details of the MoU's, but said that they are intended to enhancing cooperation with Iraqi "in a number of qualitative investment projects." (Source: […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has received an official invitation from Saudi Crown Prince Mohammed bin Salman bin Abdulaziz to participate in the special meeting of the World Economic Forum (WEF), to be hosted by the Kingdom at the end of April. In a letter to the Prime Minister, Prince Mohammed bin […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq-Saudi engagement weathers tumultuous regional climate Amid growing regional tensions, Iraq has sought to strengthen relations with Saudi Arabia and advance its nascent economic ties with the Kingdom. The full article can be […]
By John Lee. Tetra Pak, Saudi Arabia's Al Rabie, and Iraqi-based Alssad company for Food have joined forces at Gulfood 2024 to create a strategic partnership that will produce 50 million packaged beverages annually, that aims to address food security concerns in Iraq. According to a LinkedIn post from Tetra Pak, to meet the growing […]
By John Lee. Kuwait and Saudi Arabia have renewed their call for Iraq to respect the agreement between the Iraq and Kuwait on the regulation of maritime navigation in the Khor Abdullah waterway. In September, the Iraqi Federal Supreme Court declared the agreement to be unconstitutional. A joint statement issued on Wednesday at the conclusion […]
By Dana Taib Menmy for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq grants investment rights to PMF-linked company for one million palm trees in Samawah Desert Iraqi and US scholars have raised questions about the project's feasibility, accusing the […]
