By Padraig O'Hannelly. Iraq is experiencing unprecedented stability and security, creating significant opportunities for international businesses, according to Abir Burhan, Company Director of Al-Burhan Group (ABG), speaking at the Iraq Britain Business Council (IBBC) Spring Conference in London. Burhan outlined how the operating environment has transformed dramatically over the past year, with the Iraqi government […]
By John Lee. Wasit Governorate held its inaugural conference on the transition to clean energy this week, led by Governor Dr. Mohammed Jameel Al-Mayahi and attended by the head of the National Renewable Energy Team, members of parliament, local officials, and international companies specialising in solar and wind energy. The event showcased investment opportunities for […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired the regular meeting of Iraq's Higher Committee for Construction and Investment on Sunday, reviewing agenda items and proposed projects, and making key decisions. He underscored the need to simplify administrative procedures to support the investment environment and called on ministries to focus efforts on projects […]
By John Lee. The Iraqi Ministry of Trade has signed an agreement with Switzerland's Bühler and Egypt's Samco to construct five state-of-the-art grain silos, each with a storage capacity of 60,000 tonnes. The silos will be built in Kirkuk, Anbar, Wasit, Najaf, and Muthanna, as part of the ministry's infrastructure development plan. Minister Atheer Daoud […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani and his Spanish counterpart, Pedro Sánchez, have overseen the signing of four joint memoranda of understanding (MoUs): A memorandum of understanding for legal cooperation and exchange of expertise between Iraq's Ministry of Justice and Spain's Ministry of the Presidency, Justice, and Relations with Legislative Councils. A […]
By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the new Al-Mutanabbi City in Wasit Governorate This project spans 5,000 dunams and offers five investment opportunities (5x 1000 donums). Interested investors must purchase the investment portfolio for 30 million Iraqi dinars […]
By John Lee. Iraq's State Company for Oil Projects (SCOP) has laid the foundation stone for the Wasit Oil Authority building, a project aimed at enhancing administrative and organizational performance within the Midland [Middle] Oil Company. The project spans 6 dunams (approximately 15,000 square meters) and includes a three-story building covering 1,100 square meters, along […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has announced the approval of eight new service projects in Wasit Province, with a total cost of 236 billion dinars [$180 million]. The projects focus on improving water and sewerage infrastructure, including: Al-Bashaer sewerage project (6.86 billion dinars) Al-Dhahab/Zurbatiya sewerage project (0.715 billion dinars) Badra sewerage project […]
By John Lee. Prime Minister Mohammed Shia' Al Sudani chaired the regular meeting of the Higher Committee for Investment and Reconstruction, focusing on improving investment mechanisms across various economic and developmental sectors. The committee approved the creation of "New Wasit City," a residential project in Wasit province, as part of the government's vision to develop […]
By John Lee. Under the auspices of H.E. Mr. Mohammed Shiaa Al-Sudani, the Prime Minister, and in the presence of H.E. Mr. Bangin Rekani, the Minister of Reconstruction, Housing, and Public Municipalities, alongside the honourable Member of Parliament, Mr. Yousif Al-Kalabi, and under the supervision of H.E. Dr. Mohammed Jameel Al-Miyahi, the Governor of Wasit, […]
From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. An Iranian official unveiled plans to inaugurate a joint free trade zone with Iraq at the common border by March 2024. Secretary of Iran's Supreme Council of Free and […]
From Tasnim, under Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The interior ministers of Iran and Iraq made arrangements to strengthen security along the common border. Iranian Interior Minister Ahmad Vahidi and his Iraqi counterpart Abdul Amir al-Shammari held a […]
