iraqbusiness

Chinese Company signs $1.4bn Iraq Construction Deal A Chinese company has reportedly signed a $1.39-billion construction contract in Iraq. According to Xinhua, China Construction Third Engineering Bureau will implement civil […]

Palestine considers Importing Fuel from Iraq Palestinian Prime Minister Mohammad Shtayyeh visited Iraq July 15 to discuss importing Iraqi fuel. This falls within the Palestinian Authority (PA)’s quest for gradual […]

Lockheed Martin in $315m Iraq Deal US-based Lockheed Martin Aeronautics has been awarded a $315,604,174 cost-plus-fixed-fee contract, for F-16 Contractor Logistics Support Phase IV. This contract provides the contractor logistics […]

Attock Invests in Cement Grinding Unit Pakistan-based Attock Cement (PSX: ACPL) has reportedly made investments in a cement grinding unit in Iraq. According to Business Recorder, the investment was made […]

UK Firm to study Iraq/Kuwait Shared Oilfields Iraq and Kuwait have selected British energy advisory firm ERC Equipoise (ERCE) to prepare a study on the development of shared border oilfields. […]

Dana Gas Kurdistan Revenues up 74% Dana Gas has announced that its share of Pearl Petroleum’s collections from the sale of condensate, LPG and gas in the Kurdistan Region of […]

Jordanian Firms keen to aid Digital Transformation in Iraq On Wednesday 24 July, Khaled T. Kanaan, Chairman of the Jordan Iraqi Economic Association (JIEA), met with HE Mr. Ali Mohsen […]

Iran, Iraq agree on Removal of Trade Barriers Iran and Iraq have reportedly signed an agreement on developing commercial cooperation aiming to facilitate and remove trade barriers between two countries. […]

IMF Concludes Consultation with Iraq On July 19, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Iraq. An improved security situation and […]

Oil Ministry Finalises Export Figures for June Iraq’s Ministry of Oil has announced finalized oil exports for June of 105,603,325 barrels, giving an average for the month of 3.520 million […]

Iraq signs Gas Processing Deal with Honeywell US-based Honeywell has signed a memorandum of understanding (MoU) with the South Gas Company (SGC) to process 300 million cubic meters of gas […]

Jordanian-Iraqi Forum on Digital Transformation in Finance The Jordanian-Iraqi Forum on digital transformation in the financial sector was held on Wednesday in Baghdad. It was organized as part of the […]

Iraq, Lebanon, keen to Cooperate in Banking On Wednesday, the Lebanese President, General Michel Aoun, welcomed the Vice President of Iraq, former Iraqi Prime Minister, Dr. Iyad Allawi, with whom […]

Iraq “ready to give 190 Investment Projects to Iran” Iraq is ready to give 190 investment projects to Iranian investors, according to a report from Iran’s Mehr News. It attributes […]

Siemens in $310M Iraq Power Plant Deal Germany’s Siemens has received an order to supply the key components and long-term power generation services for the 840-megawatt (MW) Maisan combined cycle […]

Iraq could surpass Saudi Arabia in Oil Production A senior oil executive has predicted that Iraq could surpass Saudi Arabia as an oil producer. Addressing delegates at CWC‘s Iraq Petroleum […]

Iraq, Oman to Cooperate on Oil and Gas Iraq and Oman have signed a memorandum of understanding (MoU) on cooperation in the oil and gas sector. Both sides will investigate […]

Egypt keen on joining the Reconstruction of Iraq Looking to make inroads into reconstruction projects in Libya and Iraq, Cairo kicked off its annual Builders of Egypt Forum, one of the […]

Govt to support Iraq’s Cement Industry The Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister, Adil Abd Al-Mahdi. The Cabinet approved a series […]

UK Ambassador: “An Extremely Good Time to be Working in Iraq” A major petroleum conference in London has been told that more than 200 British companies now operating in Iraq, […]

UN Security Council makes First-ever Visit to Iraq The UN Security Council has concluded a first-ever visit to Iraq on Saturday, five years on from the proclamation, by the ISIL […]

Iraq Considers Massive Oil Hedge The head of the State Oil Marketing Organization (SOMO) has reportedly suggested that Iraq is interested in creating an oil price hedging program that would lock in […]

$100bn Plan to Rebuild Liberated Areas A plan has reportedly been made to rebuild the areas liberated from the Islamic State group (IS, ISIS, ISIL, Daesh) over the next 10 […]

Iraq bans Turkish Tomatoes In a bid to boost local tomato production, The Iraqi government has banned the import of tomatoes from Turkey. A statement from the Iraqi Ministry of […]

Saudi Arabia, Iraq discuss Economic Cooperation Prime Minister Haider Al-Abadi received the Saudi Arabian Minister of Energy, Industry and Mineral Resources, Khalid bin Abdul Aziz al-Faleh, and his accompanying delegation […]

Navistar Wins $18m Iraq Contract US-based Navistar Defense LLC has been awarded an $18,778,845 firm-fixed-price foreign military sales contract for 115 medium tactical vehicles for Iraq. One bid was solicited and one […]

New Investment Opportunities: Refineries in Diwaniya and Anbar Iraq’s Ministry of Oil has announced new investment opportunities to build the following refineries: A refinery in Diwaniya governorate with a production […]

Iraq to Begin Snuffing Out Flares Oil-producing countries yet to address their gas flaring may begin to feel there are no more excuses. In a remarkable and bold decision, the […]

Military Strikes Continue Against ISIS Terrorists U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Tuesday, conducting 29 strikes consisting of 87 engagements, […]