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, […]
By Hamzeh Hadad, for the European Council on Foreign Relations (ECFR). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A golden opportunity: How Iraq can benefit from regional calm Following the recent thaw in relations between Iran and Saudi Arabia, Iraq is strengthening […]
By Irina Slav for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Inks Long-Awaited $27 Billion Energy Deal With TotalEnergies The government of Iraq and TotalEnergies have signed a long-awaited deal worth $27 billion that should see Iraq's oil production grow […]
By John Lee. The Iraq Britain Business Council (IBBC) has welcomed three new members: Saudi-based Alkhorayef Group operates in the agricultural machinery, food distribution, oil technologies and water sectors, and partners with many of the largest global brands operating in KSA, including Volvo, Penta and Castrol. It operates in 40 countries, and employs more than […]
By Salim A. Essaid for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Saudi Arabia, UAE invest $6 billion in Iraq operations The United Arab Emirates and Saudi Arabia will join together to boost trade and commerce in Iraq. Click here […]
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. The Saudi Export Development Authority (SEDA), "Saudi Exports", has organized a trade mission to Iraq under the theme "Made in Saudi". The event held in Baghdad this week showcased the authority's commitment to developing Saudi non-oil exports and its strategic goal of providing export opportunities for local exporters. According to a report […]
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: Iraqi debt payment to Iran highlights Iran-Saudi-US dynamics Iraq's clearing of part of its debts to Iran has given rise to speculations of a US green light for direct transfers to […]
By John Lee. The Iraqi Minister of Electricity, Ziyad Ali Fadel, has attended the ceremony to mark the start of work on the electrical interconnector between Iraq and Saudi Arabia. The 1GW line will connect between the Saudi city of Arar and Yusufiya in western Baghdad. GCC Interconnection Authority (GCCIA) hosted the event in Dammam, […]
By Sinan Mahmoud for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Who is Iraq's first female ambassador to Saudi Arabia? Safia Al Suhail, an experienced Iraqi politician and former ambassador in Rome and Amman, made history on Monday as she […]
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. Aramco Eyes Major Opportunity In Iraq Following the recent China-brokered resumption of relationship deal between historical enemies Saudi Arabia and Iran, a deal for the Kingdom to develop two key […]
By John Lee. The Saudi ambassador to Baghdad, Abdulaziz Al-Shammari (pictured), has revealed the signing of a contract between Saudi Arabia and Iraq for a significant investment project near Baghdad International Airport (BIAP). In a statement to the state-run Iraqi News Agency (INA), Al-Shammari said the contract involves an investment of up to one billion […]
