By John Lee. Masdar (Abu Dhabi Future Energy Company) has revealed more details of its solar power projects in Iraq. In an interview with Project Finance International (PFI), the company's CFO, Niall Hannigan, said the engagement will see five solar PV schemes with a combined capacity of 1GW. This will comprise a 450MW scheme in […]
By John Lee. UAE's Ducab Group has reportedly been awarded a contract to supply overhead conductors for a 288-Km Over-Head Line (OHL) as part of a GE Renewable Energy project in Iraq. According to Zawya, the contract involves the design, supply, installation, testing, and commissioning of a 400kV overhead transmission line from Jordan to the […]
The Central Bank of the UAE (CBUAE) and the Central Bank of Iraq (CBI) have signed a Memorandum of Understanding (MoU) on 12th December, to enhance cooperation on banking supervision matters. The MoU covers three main areas, including control and supervisory issues, the exchange of supervisory information, and strengthening bilateral co-operation on training workers and […]
Stronger forensic services: Iraq and UAE exchange forensic experience and knowledge Forensic evidence has an immense value in aiding criminal investigators, the police, and prosecutors, in bringing criminals to justice and solving crimes. In illicit trafficking and organized crime cases, forensic investigation can play a crucial role in providing and analyzing evidence for the adjudication […]
As a measure of confidence in the global and Iraqi economy, the Iraq Britain Business Council (IBBC) is seeing a marked upswing in quality and quantity of speakers at the Autumn Conference at the Address hotel, Dubai 22nd November. The topic, in line with COP26 and the new energy horizon, is one of sustainability. Not […]
By John Lee. 60 Minutes Australia has broadcast what it describes as a desperate plea from a close friend of engineer Robert Pether. Australian citizen Robert Pether and his Egyptian colleague Khalid Radwan, who have been detained in Iraq since early April, have reportedly been found guilty of fraud, and sentenced to five years in […]
By John Lee. India's TVS Motor Company, which makes motorcycles and three-wheeled vehicles, has signed an agreement to strengthen the company's presence in Iraq. UAE-registered ARATA International FZC, a subsidiary of Oman's Bahwan International Group (BIG), will distribute TVS vehicles in Iraq. The deal was signed by Sheikh Ahmed Bahwan, Chairman of BIG, and Mr […]
As part of its endeavours to strengthen and activate means of economic and investment cooperation with various countries of the world, the UAE, represented by the Ministry of Finance (MoF), signed an agreement to promote and protect mutual investments with Iraq. The agreement, which was signed today morning at the ministry's headquarters in Abu Dhabi, […]
By John Lee. Iraqi e-commerce platform Elryan.com has significantly expanded its product offering to include grocery items with the launch of its partnership with major international retailer, Carrefour. In a statement, Elryan says the partnership brings a new level of choice, convenience, and service to Elryan's more than 100,000 active customers. Products will be delivered […]
By John Lee. Prime Minister Mustafa Al-Kazemi attended a signing ceremony on Wednesday for the construction of five new solar power stations by Masdar (Abu Dhabi Future Energy Company). This covers the first phase of the project, covering 1,000 megawatts of power out of a planned total capacity 2,000 megawatts. The signing ceremony was attended […]
By John Lee. [Amended 7th Oct 2021 to include comment from Korek Telecom.] UAE-based Agility has announced an arbitration decision by the Lebanese Arbitration Center of the Chamber of Commerce, Industry and Agriculture of Beirut and Mount Lebanon, in the lawsuit filed by its subsidiary Iraq Telecom against the Intercontinental Bank of Lebanon (IBL) and […]
By John Lee. Abu Dhabi Ports (AD Ports Group) has signed a Memorandum of Understanding (MoU) with the General Company for Ports of Iraq (GCPI) to promote increased cooperation between the two organisations within the fields of transportation and maritime. Facilitated during a recent visit of a high-level delegation led by the Iraqi Minister of […]
