Turkey and Iraq are considering commissioning a rail link that would eventually run from Istanbul to…
Iraq
Business news and investment opportunities in Iraq
STATS
Source: World Bank
Currency: Iraqi dinarGDP: 224.2 billion USD (2018)
GDP per capita: 5,834.17 USD (2018)
Gross national income: 661.5 billion PPP dollars (2018)
GNI per capita: 17,210 PPP dollars (2018)
GDP growth rate: -0.6% annual change (2018)
Internet users: 49.36% of the population (2017)
Riyadh and Tehran draw up new ‘soft power’ battle lines at Basra
More than a quarter of a century after the road to Basra briefly became short hand…
Rosneft corners Kurdistan gas supplies on eve of independence referendum
Russian oil major Rosneft yesterday announced that it is to invest more than $1bn in the…
Tehran agrees to sell $1.5bn in bonds to develop communal oil and gas fields
The Iranian parliament has given the country’s oil ministry permission to sell more than $1.5bn in bonds…
TANAP head proposes opening pipeline up to Turkmen and Iraqi gas fields
The Trans-Anatolian Natural Gas Pipeline (TANAP) should eventually carry gas from Iraq and Turkmenistan as well as…
First ever shipment of Iraqi natural gas sails into Persian Gulf for export
The first ever shipment of Iraqi natural gas destined for export sailed out of the country’s…
Sinopec in JV to secure distribution of Iraqi oil after Iranian sanctions go
Iraq’s government State Organization for Marketing of Oil (SOMO) oil concern and China’s largest oil refining…
Rouhani puts Iran-Iraq transport projects at top of agenda
Iran-Iraq transport: Iran’s President Rouhani has told a cabinet meeting to give top priority to the…
Iran’s Zarif tours Middle East to allay fears of oil glut
Zarif tours Middle East: Iran’s Foreign Minister Mohammad Javad Zarif has undertaken a three-nation tour of the Gulf…
Rosneft and ExxonMobil talk Kurdistan
Rosneft and ExxonMobil are in talks about the possibility of joining forces to explore the autonomous Kurdistan…