Tag Archives | United Arab Emirates (UAE)

Emirati-Iraqi Business Council Discusses Investment Opportunities

By John Lee. Investment opportunities in the Iraqi market and ways to attract Emirati companies were discussed at a meeting between Iraq's Ministry of Trade and the Emirati-Iraqi Business Council. According to the Ministry of Trade, Dr. Malik Khalaf al-Durei'i, Director General of the Private Sector Development Department, visited the council's headquarters and attended its […]

Iraqi Bank Reforms Could Open up Sector for Regional Investors

By Matt Smith, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi Bank Reforms Could Open up Sector for Regional Investors Last month the Central Bank of Iraq said that seven previously restricted banks had been given […]

Dana Gas Reports 47% Increase in Net Profit

By John Lee. Dana Gas has reported a net profit of AED 393 million ($107 million) for H1 2026, a 47% year-on-year increase. Regarding operation in the Kurdistan Region of Iraq (KRI), the company said: "Khor Mor began the year at record production levels, with output exceeding 700 MMscf/d and Group production reaching 70 kboepd. […]

Iraq and Kuwait "Face Tougher Oil Restart than Gulf Neighbours"

By Francesca Washtell, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq and Kuwait Face Tougher Oil Restart than Gulf Neighbours Repeated shut-ins of older oilfields mean Iraq and Kuwait are likely to face challenging returns to […]

Lamprell Opens New Office in Basra

By John Lee. UAE-based oilfield services company Lamprell has established a new office in Basra, expanding its presence in Iraq. According to a statement from the company, the move follows a series of engagements with clients and stakeholders in the country over the past year, and reflects the company's long-term commitment to supporting Iraq's energy […]

Baghdad "Hosting EU Energy Talks After Iraq Floats OPEC Exit"

By Michael Kern, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq […]

Syria, UAE in Talks over Iraq Transit Route for Gulf Trade

By John Lee. Syria and the United Arab Emirates (UAE) have held talks on establishing a logistics corridor linking Syrian ports with Gulf markets via Iraq. According to the state-run Syrian Arab News Agency (SANA), Qutaiba Badawi, Chairman of Syria's General Authority for Land and Sea Ports, met a delegation that included UAE Chargé d'Affaires […]

Iraq Now a Key Land Bridge for TIR Transit

By John Lee. The TIR international road transit system became fully operational in Iraq on 1 April 2025, with transport companies opening seven routes via the country and completing more than 1,000 operations within the first eight months, according to the International Road Transport Union (IRU). Iraq subsequently made TIR mandatory for all goods transiting […]