By John Lee. The Iraqi Oil Ministry has responded to criticism from the trade body representing international oil companies (IOCs) operating in Iraqi Kurdistan, as they mark the one-year anniversary of the closure of the Iraq-Turkey Pipeline (ITP) connecting northern Iraq with the Mediterranean port of Ceyhan. Highlighting the economic cost of the pipeline closure, […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. In key concession to Turkey, Iraq bans PKK Iraq's government has banned the Kurdistan Workers' Party (PKK) ahead of an expected visit by Turkish President Recep Tayyip Erdogan next month. This comes as […]
By Ezgi Akin for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq bans PKK as security ties with Turkey gain momentum The decision comes after the high-level talks between Turkish and Iraqi officials in Baghdad. Click here to read the full […]
By Harith Hasan, for Carnegie Middle East Center. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Development Road: Geopolitics, Rentierism, and Border Connectivity Iraq's Development Road project aims to create an Iraqi transborder transportation network connecting the Persian Gulf with Türkiye. This […]
By John Lee. An industry group representing international oil companies (IOCs) in Iraqi Kurdistan has denied claims by government officials that an agreement has been reached to resume oil exports through the Iraq-Turkey Pipeline (ITP). The Association of the Petroleum Industry of Kurdistan (APIKUR) said it has not seen any proposals from Baghdad or Erbil […]
By John Lee. On Thursday, Prime Minister Mohammed Shiaa Al-Sudani received a delegation from the Turkish company Limak, specializing in transportation and construction projects, led by the company's founder, Mr. Nahad Ouzdemir. During the meeting, the Prime Minister highlighted the investment and developmental opportunities for the company to contribute to Iraq, particularly in infrastructure, transportation […]
By John Lee. A Turkish company is reported to have won a contract to manage Maysan Hospital. The company was not named, but Health Minister Saleh al-Hasnawi told state-run Iraqi News Agency (INA) that an additional three companies will be contracted with to manage other hospitals across the country. He added that the Ministry of […]
From Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Can Turkey and Iraq pull off the 'Dry Canal' project? While experts believe the 'Dry Canal' project [Development Road project] involving road and rail networks faces an uphill battle, the initiative seems […]
By John Lee. The Association of the Petroleum Industry of Kurdistan (APIKUR) has urgently requested U.S. Congressional action to facilitate the reopening of the Iraq-Türkiye pipeline (ITP). In a statement, APIKUR says, "this vital conduit for the KRI's economic well-being has been closed due to political disagreements, which is directly affecting U.S. interests, and the […]
By John Lee. The Iraqi Cabinet has revoked a decision to relocate its consulate general from the Turkish city of Gaziantep to the province of Mersin. It said the decision came as part of "diplomatic organization efforts," but provided no further information. (Source: Media Office of the Prime Minister)
By John Lee. Turkiye's Transportation and Infrastructure Minister, Abdulkadir Uraloğlu, met with the official delegation led by the Iraqi Minister of Transport, Razzaq Muhebess Al-Saadi, on Friday. Minister Uraloğlu stated that they discussed regional issues and cooperation on the Development Road project. He emphasized the significant progress made in both the railway and highway phases […]
By John Lee. The Turkish Statistical Institute has said that Iraq was Turkiye's third-biggest export partner in 2023. December 2023 - Main Export Partners: 1. Germany: $1.679 billion 2. USA: $1.314 billion 3. Iraq: $1.254 billion 4. United Kingdom: $1.217 billion 5. Italy: $1.022 billion Percentage of Top 5 in Total Exports: 28.2% January-December 2023 […]
