raq’s Minister of Environment, Halo Al-Askari, confirmed on Wednesday that the country is actively investing in environmental projects and taking steps to reduce environmental pollutants.
Speaking at the Iraq Energy Conference, Al-Askari highlighted the importance of the government's decision to separate the Ministry of Health from the Ministry of Environment, calling it a step in the right direction. He also...
Iraq’s Central Organization for Standardization and Quality Control (COSQC) has officially inaugurated its fourth unit for testing and hallmarking precious metals, including imported gold, at Kirkuk International Airport. The opening ceremony, led by Dr. Fayadh Mohammed Abdul-Dulaimi, President of COSQC, was attended by a range of prominent officials, including representatives from airport customs and border management.
Dr. Abdul-Dulaimi emphasized the...
Falah Al-Amiri, advisor to the Iraqi Prime Minister Muhammad Shia' al-Sudani on oil economy affairs, has warned that unexpected global events could push oil prices down to $60 per barrel. However, he emphasized that OPEC is unlikely to let prices fall below that unless there is another unforeseen crisis, like the one caused by the COVID-19 pandemic.
In his interview,...
Prime Minister Mohammed S. Al-Sudani recently met with Bandar bin Fahd Al-Fuhaid, President of the Arab Tourism Organization (ATO), to discuss strategies aimed at boosting Iraq’s tourism sector. The meeting marked a significant step in fostering regional cooperation and enhancing the country’s tourism infrastructure.
As a result of the discussions, two Memoranda of Understanding (MoUs) were signed with the Ministry...
U.S. engineering firm KBR has been awarded a $187 million contract by the U.S. Department of State to provide comprehensive medical support services in Iraq. The contract, part of the Diplomatic Platform Support Services (DiPSS) initiative, spans five years and is set to run through 2029.
Under the Medical Support Services Iraq (MedSSI) task order, KBR will operate a Diplomatic...
Paul Weir, CEO of Genel, said:
"As we enter 2025, we are confident that our business is well-positioned for growth and success. We have a solid financial foundation, and our two producing fields in the Tawke PSC represent a world-class asset that generates strong cash flow, even with the domestic prices being significantly discounted. We have a small but highly...
The Iraqi Cement Company, under the Ministry of Industry and Minerals, has reported a total cement production of 10.2 million tonnes in 2024, representing a 7% increase from the previous year.
Aqeel Abdul Ali Raddam, the company’s General Manager, credited this growth to effective strategies focused on improving productivity and operational efficiency, ensuring the company was able to meet the...
The Iraqi Ministry of Transport has revealed a surge in interest from international companies eager to invest in Iraq's key transportation projects. With enhanced investment conditions and supportive government policies, 2025 is expected to be a landmark year for foreign direct investment in Iraq’s infrastructure sector.
Among the most significant opportunities are the Grand Faw Port project, where 11 international...
Turkish Foreign Minister Hakan Fidan confirmed on Sunday that trade between Iraq and Turkey has reached $20 billion. Speaking at a press conference in Baghdad, Fidan emphasized the strategic nature of the bilateral relationship and the positive impact that Iraq's security and stability has on Turkey. He also highlighted Turkey's commitment to supporting development projects in Iraq, particularly the...