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Iraq Business News

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30 storiesChecked live · newest publisher story 15h ago
01
IR
World

TotalEnergies Investment in Iraq to Rise to $16bn

By John Lee. Patrick Pouyanné, chief executive of TotalEnergies, met Iraqi Prime Minister Ali al-Zaidi in Paris on Monday to review the company's strategic projects in Iraq, with a particular focus on gas. According to the Prime Minister's media office, TotalEnergies has existing oil investments in Iraq of $12 billion and is planning to increase […] TotalEnergies Investment in Iraq to Rise to $16bn first appeared on Iraq Business News.

Iraq Business News
15h agoiraq-businessnews.com
02
IR
World

Rothschild Bank President Meets Iraqi PM in Paris

By John Lee. Iraq's Prime Minister Ali al-Zaidi met with Édouard de Rothschild, President of Rothschild & Co, in Paris on Monday to discuss expanding Iraq's cooperation with international banks, developing the banking sector, improving Iraq's credit rating, and the government's targets for building a diversified economy. De Rothschild affirmed the importance of investment opportunities […] Rothschild Bank President Meets Iraqi PM in Paris first appeared on Iraq Business News.

Iraq Business News
15h agoiraq-businessnews.com
03
IR
Business

IBBC meets Business Leaders in Basra

From the Iraq Britain Business Council (IBBC). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. IBBC visit Basrah with focus on Maritime, Chambers and member engagement. The IBBC Iraq team of Colin Findlay, Ali Mazhkour, Dr Ali Jawad visited Basra to convene IBBCs Maritime […] IBBC meets Business Leaders in Basra first appeared on Iraq Business News.

Iraq Business News
15h agoiraq-businessnews.com
04
IR
World

750MW Solar Plant Planned for Samawah

By John Lee. Work is under way to accelerate construction of the Samawah solar power station in southern Iraq [Muthanna], to be built in two phases with a combined capacity of 750MW. The project is being carried out by Power Construction Corporation of China (PowerChina). According to Iraq's Ministry of Electricity, the first phase will […] 750MW Solar Plant Planned for Samawah first appeared on Iraq Business News.

Iraq Business News
15h agoiraq-businessnews.com
05
IR
World

IBBC discusses Investment Partnerships with Iraqi FM

By John Lee. A delegation from the Iraq Britain Business Council (IBBC), led by Baroness Emma Nicholson, has met with Finance Minister Faleh Sari to discuss investment opportunities in Iraq and the potential for expanding economic partnerships between the two countries. The delegation included a number of Iraqi and British companies. According to the Ministry […] IBBC discusses Investment Partnerships with Iraqi FM first appeared on Iraq Business News.

Iraq Business News
15h agoiraq-businessnews.com
06
IR
World

New Pesticide Plant Opens in Anbar

By John Lee. A new agricultural pesticide factory has opened in the Karma Island area of Anbar province. The Al-Tariq factory is affiliated with the General Company for Pharmaceutical Industries and Medical Supplies in Samarra, and was developed in partnership with a private-sector Iraqi pharmaceutical company, with support from specialist international firms. The factory comprises […] New Pesticide Plant Opens in Anbar first appeared on Iraq Business News.

Iraq Business News
15h agoiraq-businessnews.com
07
IR
World

KAR Signs 25-Year Deal for Ajeel Field

By John Lee. KAR Electrical Power Production Trading FZE (KEPPT), a sister company of Erbil-based KAR Group, has signed a 25-year contract with the North Oil Company (NOC) for the development and operation of the Ajeel oil field. According to the Ministry of Oil, the contract aims to increase gas production at the field from […] KAR Signs 25-Year Deal for Ajeel Field first appeared on Iraq Business News.

Iraq Business News
1d agoiraq-businessnews.com
08
IR
Business

Chevron Signs Advisory Agreement with Basra Oil Company

By John Lee. A technical advisory agreement has been signed between Iraq's Ministry of Oil and Chevron to support Basra Oil Company (BOC) during negotiations related to the development of the West Qurna 2 oil field. The agreement was signed on Sunday under the auspices of Oil Minister Basim Muhammad Khudhair al-Abadi. The signing was […] Chevron Signs Advisory Agreement with Basra Oil Company first appeared on Iraq Business News.

Iraq Business News
1d agoiraq-businessnews.com
09
IR
World

IFC Names New Division Director for Levant, Iraq and Yemen

By John Lee. The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has appointed Thomas Jacobs as Division Director for the Levant, Iraq, and Yemen. He succeeds Khawaja Aftab Ahmed, who held the role for four years. Based in Amman, Jacobs will lead IFC's work across Jordan, Lebanon, Syria, Iraq, Yemen, […] IFC Names New Division Director for Levant, Iraq and Yemen first appeared on Iraq Business News.

Iraq Business News
1d agoiraq-businessnews.com
10
IR
World

Iraq Oil Exports to Hit 3m bpd in September

By John Lee. Iraq's oil exports are running at around 3 million barrels per day (bpd) in September, with plans to increase pipeline export capacity through Syria and Turkey's Ceyhan port by more than 1 million bpd. Minister of Oil Basim Muhammad Khudhair al-Abadi told the state-run Iraqi News Agency (INA) that Iraq remains within […] Iraq Oil Exports to Hit 3m bpd in September first appeared on Iraq Business News.

Iraq Business News
1d agoiraq-businessnews.com
11
IR
World

34MW Hydroelectric Scheme Planned for Garmian

By John Lee. Construction is under way on the Bawanur Dam project in the Garmian District of the Kurdistan Region. The project is designed to strengthen water security, support agriculture and environmental protection, and generate electricity. Overseen by the Kurdistan Regional Government's (KRG) Ministry of Agriculture and Water Resources, the dam is an embankment structure […] 34MW Hydroelectric Scheme Planned for Garmian first appeared on Iraq Business News.

Iraq Business News
1d agoiraq-businessnews.com
12
IR
AI

Plan for National AI Infrastructure in Iraq

By John Lee. Plans to develop a national artificial intelligence (AI) infrastructure in Iraq have been discussed by the Communications and Media Commission (CMC) and an adviser to the Prime Minister. According to the CMC, Baligh Abu Kalal, head of the CMC, met with Dr Diya Al-Jumaili, adviser to the Prime Minister for AI affairs, […] Plan for National AI Infrastructure in Iraq first appeared on Iraq Business News.

Iraq Business News
1d agoiraq-businessnews.com
13
IR
World

SalamAir to Launch Baghdad-Copenhagen Route

By John Lee. SalamAir is to begin flights between Muscat and Copenhagen via Baghdad, from 14th November. The Omani low-cost carrier says passengers in Iraq can book flights directly between Baghdad and the Danish capital. (Source: SalamAir) SalamAir to Launch Baghdad-Copenhagen Route first appeared on Iraq Business News.

Iraq Business News
2d agoiraq-businessnews.com
14
IR
World

Iraq "Drains $16bn from Reserves after Oil Revenues Slump"

By Nadim Kawach, 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 Drains $16bn from Reserves after Oil Revenues Slump Iraq's foreign-currency reserves fell by nearly $16 billion in four months this year as the government tapped […] Iraq "Drains $16bn from Reserves after Oil Revenues Slump" first appeared on Iraq Business News.

Iraq Business News
2d agoiraq-businessnews.com
15
IR
World

New Egyptian Ambassador to Iraq

By John Lee. Ahmed Hussein Khafaji has presented a copy of his credentials as Egypt's new ambassador to Iraq. Foreign Minister Fuad Hussein received him at the Ministry's headquarters in Baghdad on Wednesday. During the meeting, both sides affirmed the strength of bilateral relations and expressed a commitment to developing cooperation between the two countries. […] New Egyptian Ambassador to Iraq first appeared on Iraq Business News.

Iraq Business News
2d agoiraq-businessnews.com