By John Lee. The General Company for Ports of Iraq (GCPI) has launched a new direct international Ro-Ro shipping line linking Port Rashid in the United Arab Emirates with Umm Qasr port, with the arrival of the first shipment of TIR trucks. The service, inaugurated on 25 December 2025, operates with a transit time of […]
By John Lee. DP World has introduced a new weekly 36-hour maritime service linking Dubai's Mina Rashid with Iraq's Umm Qasr Port, offering what it says is a faster and more predictable alternative to overland trucking. The route will accommodate up to 145 accompanied trailers per sailing on the upgraded 166.75-meter Ro-Ro vessel DP World […]
By John Lee. A high-level review meeting has been held to assess progress on Iraq's strategic Development Road project, covering design, costs and operational planning. The meeting examined timelines proposed by the appointed auditing firm for completing reviews of rail and road designs, alongside discussions on design costs for both the railway line and the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. More questions than answers in Iraq as key gas facility comes under fire An attack on key natural gas facilities in Iraqi Kurdistan has cut output and temporarily left millions suffering from widespread […]
By John Lee. The Kurdistan Regional Government (KRG), along with international leaders, has condemned Thursday's attack on the Khor Mor gas field. It added that the attack was, "a direct consequence of the absence of decisive measures [by Baghdad] against those responsible for previous attacks." The field's operator, UAE-based Dana Gas, has not issued any […]
By John Lee. Scottish consulting and engineering company Wood has secured a new contract to deliver project management and engineering services for PetroChina at the West Qurna 1 oilfield in southern Iraq -- one of the world's largest -- continuing its decade long support there. Under the contract, Wood will manage engineering, procurement and construction […]
By John Lee. Iraq's Oil Pipelines Company has signed a strategic partnership agreement with Dubai-based Progwin Ltd as part of the Ministry of Oil's efforts to enhance technical and engineering capabilities and strengthen cooperation with reputable international firms. Director General Ali Abdul-Karim Al-Moussawi said the agreement aims to expand technical and investment cooperation between the […]
By John Lee. The Kurdistan Regional Government (KRG) is facilitating the export of local agricultural products to international markets as part of its efforts to support farmers and boost domestic production. Under the initiative, 6,000 tonnes of potatoes will be exported to the United Arab Emirates (UAE) this year. With fertile soil and a favourable […]
By John Lee. UAE-based Damac has launched "Damac Hills Baghdad", which it describes as a landmark luxury development set to redefine the real estate landscape of Baghdad. At its launch event, the company expressed its commitment to delivering exceptional real estate projects and setting new standards of excellence in Baghdad's property sector. (Source: Damac)
By John Lee. The Iraq Securities Commission (ISC) has approved the membership requirements for Iraqi brokerage firms to trade through the "Tabadul" platform on the Abu Dhabi Securities Exchange (ADX), as well as for foreign brokerage firms to trade via the platform on the Iraq Stock Exchange (ISX). The move forms part of the strategic […]
By John Lee. Dana Gas and Crescent Petroleum have announced the start of commercial gas sales from the KM250 gas expansion project at the Khor Mor facility in the Kurdistan Region of Iraq, marking a 50% increase in processing capacity. Completed eight months ahead of schedule, the KM250 project adds 250 million standard cubic feet […]
By John Lee. The Ministry of Oil has received a delegation from the UAE's ADNOC, headed by Mr. Nasser Mohammed Al Ameri, Executive Vice President for Business Management, Gas Processing, Refining, and Petrochemicals. Discussions focused on strengthening cooperation and exploring investment opportunities in Iraq's oil and gas sector. The Undersecretary highlighted Iraq's attractive investment environment, […]
