Author name: Sinan Shakir

by Iraq localize Baghdad (IraqiNews.com) – The World Bank confirmed on Wednesday that the electronic payment systems in Iraq are among the best in the region. The Governor of the Central Bank of Iraq (CBI), Ali Mohsen Al-Alaq, received a delegation from the World Bank headed by the Director of the World Bank’s office in […]

by Iraq localize The Iraqi Cabinet has agreed to invite Russia’s Gazprom to develop the Nassiriyah oilfield as a single contract. While described in a statement from the Prime Minister’s office as an “integrated development project“, to be offered as a “single bid“, it is not immediately clear if this is the originally proposed Nassiriya Integrated Project, which had reportedly

by Iraq localize UK-based Acoustic Data has reportedly won a multi-million-dollar order from a major oilfield service company in Iraq. According to Oil Review Middle East, the company will deploy its SonicGauge wireless monitoring systems “across a substantial number of assets.“ It quotes Chief Commercial Officer, Jesse Tolley, as saying that it will provide “real-time data acquisition for a multi-year

by Iraq localize Iraqi company Muhaj Baghdad has awarded Italy’s Danieli the contract to build a new rolling mill plant for rebar production. The plant will be located in the industrial area of Al-Hilla near Baghdad and will have a capacity of 500,000 tons per year. According to a statement from Danieli, the plant will utilize Danieli’s special high-speed

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