The latest news on Turkey – Iraq business – air Industry, infrastructure & more – brought to you by Iraq Business News
By John Lee. A new infant formula plant has begun construction in Baghdad, marking the launch of Iraq's first factory dedicated to producing baby milk and fortified nutrition products. The facility, the Mohannad Ali Abdullah Infant Formula Factory, is being built by the Qatari construction company Magnum and will manufacture infant formula for the Turkish […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Politicians hail Iraq-Turkey 'oil-for-water' accord as critics cry foul Touted as a breakthrough, Iraq and Turkey have signed a "historic" oil-for-water agreement. Officials say the deal will boost both countries' economies while easing […]
By John Lee. Iraq and Turkey have resumed negotiations on a new agreement for transporting crude oil through the Iraq-Turkey Pipeline (ITP), following a meeting in Ankara. Talks were held between the Iraqi Ministry of Oil and the Turkish Ministry of Energy and Natural Resources, led respectively by the Iraqi Deputy Minister for Extraction and […]
By John Lee. Gulf Keystone Petroleum (GKP) has confirmed the completion of the first lifting of Kurdistan crude allocated to the company and other IOCs for September-October 2025 pipeline exports, carried out by the nominated trader at Türkiye's Ceyhan terminal. Payment for the company's share is expected within 30 days, in line with the interim […]
By John Lee. KBR (United States) has been selected by ENKA Insaat (Turkey) to provide detailed engineering design services for the Associated Gas Upstream Project Phase 2 (AGUP2), part of the Gas Growth Integrated Project (GGIP) operated by TotalEnergies in partnership with Basra Oil Company (BOC) and QatarEnergy in Iraq's Basra region. This latest award […]
By John Lee. Turkey's Minister of Trade, Prof. Dr. Omer Bolat, has affirmed that Turkey will assume a key role in Iraq's reconstruction, supported by the experience of Turkish contractors who have completed projects worth $36.6 billion in the country. Speaking in Baghdad at the Iraq General Trade and Contracting Delegation Meeting -- organised by […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Sunday presided over the signing ceremony of the implementation mechanism for the framework cooperation agreement between Iraq and Turkey in the field of water. The agreement was signed by Iraq's Foreign Minister Fuad Hussein and Turkish Foreign Minister Hakan Fidan. Prime Minister Al-Sudani stated that the […]
By John Lee. Turkish carrier AJet has announced the launch of its new direct flight service between Ankara and Erbil, strengthening air connectivity between Turkey and Iraq. The service operates twice weekly, allowing passengers to travel quickly and comfortably from Ankara Esenboğa Airport to Erbil, one of Iraq's major economic hubs. With AJet's non-stop flights, travellers […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Fragile accord sees resumption of oil exports from Iraqi Kurdistan Iraqi federal authorities and the Kurdistan Regional Government (KRG) are celebrating an agreement to resume oil exports via Turkey after a two-and-a-half year […]
By Noam Raydan and Soner Cagaptay, 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. How Renewed Oil Flows from the ITP Could Benefit U.S.-Iraq-Turkey Relations The potential economic and strategic benefits of reopening the northern Iraqi […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani on Monday laid the foundation stone for a new 100-bed hospital project in the Rahmaniya-Shu'ala area of Baghdad's Karkh district. The facility is one of 16 hospitals of similar capacity being built under the Iraq-China agreement. According to a press release, the new hospitals will feature modern […]
By John Lee. Iraq's Galina Express has signed an agreement with Aras Kargo, a subsidiary of Oesterreichische Post [Austrian Post], to strengthen cross-border logistics between Iraq and Türkiye. Under the partnership, Aras Kargo will manage sorting and transport of parcels from Türkiye to the Iraqi border, where Galina Express will handle last-mile delivery. The collaboration […]
