From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Saudi football 'charm offensive' arrives in Iraq In front of a raucous crowd in Erbil, underdog Iraqi club Al-Quwa Al-Jawiya has soundly defeated visiting Saudi side Al-Ittihad. The Nov. 6 game, an Asian Football […]
By John Lee. On Sunday, the President of the Republic of Iraq, Abdullatif Jamal Rashid met with the Saudi Commerce Minister and Head of the Saudi-Iraqi Coordination Council, Majid al-Qasabi alongside a group of Saudi businessmen. At the meeting, President Rashid urged Saudi businessmen to invest in Iraq, assuring government support and facilities for investors. […]
By John Lee. The Saudi company Northern Region Cement has signed a contract with Germany's KHD to build a cement production line in Iraq. According to a statement to the Saudi Stock Exchange, the new plant will have an annual capacity of 1.32 million tons of cement, and the project should be completed within 16 […]
By John Lee. The Iraqi Cabinet has approved the opening of an Iraqi commercial office in Saudi Arabia's Arar region. The office is intended to enhance trade between the two countries, based on the provisions of Article 26 of the Foreign Service Law (Law No. 45 of 2008). (Source: Media Office of the Prime Minister)
By John Lee. The Governor of Saudi Arabia's Eastern Province, Prince Saud bin Nayef bin Abdulaziz, has inaugurated the electricity interconnection project between Saudi Arabia and Iraq in the city of Dammam on Tuesday. His Highness confirmed that the electrical interconnection project between the countries of the Gulf Cooperation Council (GCC) aims to preserve energy […]
By John Lee. Iraq's Minister of Electricity has announced the successful completion of the electricity connection with Jordan, adding that imports from Jordan will start in the coming days. Ziad Ali Fadel also confirmed that the electricity connection contracts with neighboring countries are progressing as planned. He clarified that the Gulf-Saudi connection is also progressing […]
By John Lee. The Saudi Export Development Authority (SEDA) has organized a trade mission to Iraq under the banner "Made in Saudi Arabia." The mission, held in Basra, aligns with the authority's goal of promoting non-oil Saudi exports, diversifying income sources, and expanding into promising regional and international markets. 28 Saudi companies and 130 Iraqi […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Scoop: Plans for historic GCC-Iran-Iraq dinner in New York collapse Plans for a historic meeting in New York gathering the foreign ministers of Gulf Arab states, Iran and Iraq have collapsed at the […]
By John Lee. Saudi Arabian companies are said to be committed to supporting the housing sector in Iraq. The Saudi ambassador to Baghdad, Abdulaziz Al-Shammari (pictured), told the state-owned Iraqi News Agency (INA) on Wednesday that Saudi companies will expand into Iraq with a view to building more housing. He was speaking after attending a […]
KRG Prime Minister Masrour Barzani received a delegation from Saudi Arabia on Monday, headed by Dr. Saad Al-Shahrani, Deputy Minister of Investment. The meeting revolved around enhancing mutual ties, with a particular focus on Saudi Arabia's investments in the Kurdistan Region. Prime Minister Barzani highlighted the enduring friendship between the Kurdistan Region and Saudi Arabia, […]
By John Lee. Saudi Arabian budget airline Flynas has announced that it will resume its direct flights to Iraq. Starting on Friday 1st September, the company will operate three direct flights every week between Jeddah to Baghdad. Flynas, formerly called Nas Air, was founded in Riyadh in 2007. (Source: Flynas)
By John Lee. The Saudi Export Development Authority (SEDA), under the banner of "Made in Saudi Arabia, Exported to the World," has conducted a trade mission to Erbil, Iraq. The mission, held on August 15, 2023, featured the participation of 34 Saudi companies and 140 Iraqi companies across diverse sectors including construction materials, food products, […]
