The latest news on Turkey – Iraq business – air Industry, infrastructure & more – brought to you by Iraq Business News
By John Lee. Exports from Turkiye (Turkey) to Iraq reportedly increased by 16.4 percent in 2022. According to data issued by the Turkish Exporters Association (TIM), Turkiye sold goods and services valued at $10.4 billion to Iraq during the year, up from $9.0 billion the year before. Meanwhile, Turkish projects in Iraq were valued at […]
By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated critical nodes of a key financial facilitation network of the Islamic State of Iraq and Syria (ISIS), which included four individuals and two entities in Türkiye, who have enabled the terrorist group's recruitment and financial transfers to and from […]
By John Lee. Turkish company Elkon has said it has completed the installation of three concrete batching plants in Iraq. The installations are located in Baghdad, Diwaniya and Kut: Baghdad: Elkomix-135 Quick Master Compact Concrete Plant commissioned in Baghdad produces 3.33 m³ of vibrated concrete in each cycle with the ELKON twinshaft mixer with a […]
By John Lee. The Iraqi Border Guard is reportedly set to build 200 new outposts along the border with Turkey and Iran. According to Kurdistan 24, the Force has also recently announced job openings for an additional 3,000 soldiers. A spokesperson also added that new military-grade thermal cameras will monitor movements along the border. More […]
By Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Saving Iraqi Sovereignty: Iran, Turkey and a Fractured Homeland The hostile and corrupt forces arrayed behind him might ease their anti-American activities just to reassert […]
By Fehim Tastekin for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkish intel chief pursues multiple goals in Baghdad In landmark talks in Baghdad, Hakan Fidan sought to ease bilateral tensions over a deadly attack in July, assert Turkey's resolve […]
By John Lee. Three companies have reportedly stopped operations at Kurdistan's Khor Mor gas field following rocket attacks. According to Reuters, the companies are Texas-based Exterran, and Turkish subcontractors Havatek and Biltek. The field is operated by Pearl Petroleum, a consortium led by UAE-based Dana Gas and Crescent Petroleum. More here. (Source: Reuters)
By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Cabinet approved the recommendations of the Security Assessment Committee on the Iraqi-Turkish borders, which include providing funds in the sum of 30 billion dinars [$20.5 million], according to the text in the emergency security […]
By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Turkey's War in Northern Iraq: By the Numbers Ankara is fighting a lethal and largely hidden counterinsurgency against PKK elements across the border, but the […]
By John Lee. Iraq's Ministry of Oil has engaged the Texas-based law firm Vinson and Elkins as a legal advisor in the US. Partner James Lloyd Loftis will meet with representatives of the Department of State, at their request, regarding a pending arbitration proceeding between Iraq and the Republic of Turkey. The Ministry will pay […]
By John Lee. Iraq has recalled its Charge d'Affairs from Ankara for consultation, and suspended the appointment of a new Iraqi ambassador to Turkey, following a airstrike on a tourist resort in Zakho, in Iraqi Kurdistan. At least eight civilians were killed in the attack, including several children. The Iraqi Cabinet also directed the Ministry […]
By John Lee. The Iraqi Prime Minister has announced that the Ministry of Electricity is to be renamed the "Ministry of Electricity and Alternative Energy". At a press conference in Baghdad, Mustafa al-Kadhimi (pictured) said it is unreasonable to build gas power stations when there is not enough gas available, so the new ministry will […]
