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, […]
By John Lee. Iraq's Ministry of Electricity has reportedly purchased ten telescopic truck-mounted lifts made by Italian firm CTE. The equipment was supplied by Precision Machinery, CTE's distributor in the UAE. More here. (Sources: Precision Machinery, Vertikal)
By John Lee. A strategic partnership between gini, Qi Card of Iraq, and Global X of the UAE has announced the integration of gini's network with Tradex, marking what it describes as the launch of the region's first fully integrated cross-border B2B digital trade platform. The announcement in Dubai was attended by partners including Mastercard, […]
By John Lee. UAE-based Dragon Oil has signed a series of strategic memoranda of understanding with key companies operating in Iraq's oil projects. The agreements include an MoU with China's Anton Oilfield Services, and another with Iraqi firm Nahdat Al-Bina for Contracting. According to the company, the memoranda open new opportunities to strengthen cooperation, support […]
From the Iraq Britain Business Council (IBBC): IBBC and UAE-UK BC agree on mutual partnership arrangements. The UAE-UK Business Council and IBBC have agreed to partner each other on a mutual basis. The two organisations have overlapping memberships and very similar values and objectives, and are at heart, British in origin. The IBBC will be […]
By John Lee. Dragon Oil has signed a Memorandum of Understanding (MoU) with Sahool Al-Salam Oil Services, part of the Al-Amal Group of Iraq, aimed at boosting cooperation in the oil and gas sector. The agreement was signed in the presence of senior executives from both companies. The MoU covers technical and engineering services, procurement, […]
By John Lee. The Ministry of Communications has signed a contract with UAE-based Breeze Investments to land Iraq's fifth submarine cable at Al-Faw, in a ceremony attended by Minister of Communications Dr Hiyam Al-Yasiri. The project, carried out in cooperation with the State Company for Communications and Informatics, is a strategic step to strengthen Iraq's […]
