NEWS
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TotalEnergies Partners with Wood for Iraq Gas Growth
Wood, a global leader in consulting and engineering, has been awarded a $46 million, three-year contract by TotalEnergies to support a key energy project in Iraq. Under the agreement, Wood will provide front-end engineering design (FEED), detailed design, procurement support, and construction and commissioning assistance for the first phase of…
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Transforming Shopping in Iraq
150 central markets are due to be established across Iraq, by the Iraqi Ministry of Trade, as part of the Cooperation Hypermarket launch. The initiative aims, not only to provide support to state employees, families of martyrs and those under social care, but also to balance local markets and limit…
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New 70,000 BPD Refining Unit Added at Maysan
In a strategic move to boost Iraq’s refining capabilities, the Ministry of Oil has announced the addition of a new refining unit at the Maysan Refinery, increasing its capacity by 70,000 barrels per day (bpd). This expansion is expected to play a significant role in enhancing the country’s domestic fuel…
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India Turns to Iraq for More Oil Supplies
India is expected to increase its crude oil imports from Iraq and other Middle Eastern suppliers in the coming months. According to Gurmeet Singh, Director General of the Federation of Indian Petroleum Industry (FIPI), “India’s crude oil imports from Middle Eastern suppliers, including Iraq and Saudi Arabia, are expected to…
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Al-Qarya Mall: Supporting Iraqi Startups
Located in the heart of Baghdad at Al-Jadriya Mall, Al-Qarya (The Village) is a unique initiative designed to support Iraqi small businesses by providing affordable retail spaces for showcasing their products. Empowering Entrepreneurs with Affordable Spaces The concept behind Al-Qarya emerged from the need to offer small business owners larger,…
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Iraq and Morocco Agree to Boost Economic and Political Cooperation
Deputy Prime Minister and Minister of Foreign Affairs of Iraq, Mr. Fuad Hussein, concluded an official visit to Morocco, held at the invitation of Moroccan Foreign Minister Mr. Nasser Bourita. The discussions took place in a fraternal atmosphere, highlighting the longstanding ties between the two nations. Both sides explored ways…
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Economic Experts Debate Debt and Climate Finance Strategies
Minister of Finance Taif Sami emphasised the importance of regional and international cooperation in addressing economic challenges during her participation in the Ninth Arab Public Finance Forum. The event, held in Jumeirah, Dubai, was organised by the UAE Ministry of Finance in collaboration with the Arab Monetary Fund and the…
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Bayer and Iraq Collaborate to Enhance Healthcare Services
Under the patronage and supervision of Minister of Health Dr. Saleh Mahdi Al-Hasnawi, Iraq’s Ministry of Health has signed a cooperation agreement with Bayer Germany to advance the healthcare and awareness sector. The signing ceremony, held on February 5, 2025, was attended by German Ambassador Ms. Christiane Hohmann, alongside senior…
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Iraq Boosts Diplomacy for UN Human Rights Council Seat
The Undersecretary of the Ministry of Foreign Affairs for Multilateral Affairs and Legal Affairs, Ambassador Shorsh Khaled Saeed, chaired a virtual meeting aimed at advancing Iraq’s candidacy for membership in the United Nations Human Rights Council (HRC) for the 2026-2028 term. The meeting brought together heads of political and multilateral…
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Iraq’s Oil Sector Drives Social Development Projects
The Ministry of Oil provided a detailed clarification on Monday regarding the social benefit projects implemented in areas surrounding oil fields, emphasising their focus on three key sectors. The ministry explained that these social benefit initiatives comprise service projects aimed at enhancing the infrastructure of communities near oil fields operated…
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