The latest news on Turkey – Iraq business – air Industry, infrastructure & more – brought to you by Iraq Business News
By John Lee. The State Oil Marketing Organisation (SOMO) has issued a clarification in response to a Reuters report on 26 September 2025 regarding DNO's export activities. SOMO reaffirmed its commitment to fulfilling all obligations within its mandate and under existing agreements with the Kurdistan Regional Government (KRG), continuing efforts to ensure the smooth flow […]
From International Crisis Group. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Strengthening Iraq-Türkiye Ties amid Regional Tensions After years of fraught relations, Ankara and Baghdad are charting a course toward rapprochement. But much depends on how the two sides (and other parties) […]
By John Lee. The Embassy of Iraq in Ankara has begun issuing electronic visas, marking the first deployment of the system outside the country. The launch was overseen by Ambassador Majid Al-Lajmawi and Nashat Ibrahim Al-Khafaji, Director General of the Directorate of Civil Status, Passports and Residence. The initiative is part of a joint programme […]
By Noam Raydan and James Jeffrey, 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. Oil from Northern Iraq Arrives in the United States After Pipeline Reopens s In addition to providing discounted crude of a quality […]
The Iraq Britain Business Council (IBBC) and British Chamber of Commerce in Turkey (BCCT) have hosted an online discussion on doing business in Iraq. Moderated by IBBC's Ashley Goodall, the webinar featured contributions from: Chris Gaunt OBE, Chairman, British Chamber of Commerce in Turkey (BCCT) Jonathan Wilks CMG, Senior Adviser to IBBC, and former Ambassador […]
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 […]
