Author name: Sinan Shakir

by Iraq localize The Association of the Petroleum Industry of Kurdistan (APIKUR) has appealed to the United States Congress for immediate action to help resolve halted crude oil exports from the Kurdistan Region of Iraq (KRI). The export halt, affecting over 400,000 barrels of oil per day, has lasted more than 10 months and is severely impacting […]

by Iraq localize Kuwait and Saudi Arabia have renewed their call for Iraq to respect the agreement between the Iraq and Kuwait on the regulation of maritime navigation in the Khor Abdullah waterway. In September, the Iraqi Federal Supreme Court declared the agreement to be unconstitutional. A joint statement issued on Wednesday at the conclusion of the

by Iraq localize Under the patronage of Prime Minister Mohammed Shia Al-Sudani, the signing ceremony for the new Ali Al-Wardi Residential City project took place on Wednesday. Iraq’s Minister of Housing, along with the director of Egypt’s ORA Developers, Mr. Naguib Sawiris, signed the contract. This project is the largest of five new residential city projects prioritized by

by Iraq localize The Turkish Statistical Institute has said that Iraq was Turkiye’s third-biggest export partner in 2023. December 2023 – Main Export Partners: 1. Germany: $1.679 billion2. USA: $1.314 billion3. Iraq: $1.254 billion4. United Kingdom: $1.217 billion5. Italy: $1.022 billion Percentage of Top 5 in Total Exports: 28.2% January-December 2023 – Main Export Partners: 1. Germany: $21.092

by Iraq localize China Poised To Take Further Control Of Iraq’s Key Southern Oil Assets China is over the halfway mark in completing its strategically vital oil project in the critical Iraqi energy hub of Nasiriyah, at the heart of the some of the country’s biggest oil and gas fields and close to its main

by Iraq localize Iraq’s Communications and Media Commission (CMC) has reportedly said that Iraq’s fourth mobile phone service will start “soon.” State-run Iraqi News Agency (INA) quotes the head of the Commission, Ali Al-Moussawi, as saying: “The [license was granted] to Al-Salam Company, affiliated with the Ministry of Communications, and work is ongoing with close cooperation between the authority and

by Iraq localize Various media sources say that Iraq has banned eight local commercial banks from making transactions in U.S. dollars. This precludes these banks from taking part in the Central Bank’s daily dollar auction. The banks are reported to be: Last week, the US Treasury Department sanctioned Al-Huda Bank, and its owner and Chairman, Hamad al-Moussawi,

by Iraq localize US-based Cdata Software has won a contract with the United Nations Office for Project Services (UNOPS) for, “provision of integration solutions for the Treasury Management System (Licenses Renewal).“ The contract is valued at $32,498. (Source: UNGM)

by Iraq localize A committee of the Ministry of Industry has approved a plan to build an industrial city at the site of the General Company for Iron and Steel in Basra. According to a statement from the Ministry, the new development will be build in collaboration with a Chinese company, and based on the Industrial Cities

by Iraq localize On 6 February 2024, the Kurdistan Regional Government’s Prime Minister, Masrour Barzani, welcomed James Goldman, the newly appointed British Consul General to the Kurdistan Region. Prime Minister Barzani extended his congratulations to Consul General Goldman on his new role and emphasised the KRG’s commitment to advancing bilateral ties between the two regions.