Baghdad (IraqiNews.com) – As part of its post-war recovery efforts to improve its capacity for producing oil and gas, Iraq is actively negotiating strategically with the US-based firm KBR to develop its oil fields. This action highlights Iraq’s desire to revive its hydrocarbon industry by attracting global investment. The Iraqi Minister of Oil, Hayan Abdul-Ghani, emphasiz
Read MoreBaghdad (IraqiNews.com) – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, inaugurated on Saturday two fertilizer factories in Basra, in southern Iraq. During his visit to Basra governorate, Al-Sudani opened a urea fertilizer factory and a di-ammonium phosphate (DAP) fertilizer factory, according to a statement released by the Prime Minister’s Office (PMO). Al-Sudani wa
Read MoreBaghdad (IraqiNews.com) – The General Company for Ports of Iraq (GCPI) announced on Sunday that its revenues during February surpassed 65 billion dinars. The Director of the GCPI, Farhan Al-Fartousi, said that high rates of container and cargo handling, both imported and exported, were seen in Iraqi ports, Shafaq News reported. Al-Fartousi explained that 73 import ships a
Read MoreThe head of the Federal Commission of Integrity (COI), Haider Hanoun, during a press conference to announce that funds have been recovered. Photo: INA Baghdad (IraqiNews.com) – The Iraqi Commission of Integrity (COI) declared on Sunday that it had retrieved gold jewelry, hundreds of thousands of US dollars, and billions of dinars from government officials found gui
Read MoreThe prime minister's financial advisor, Midhar Mohammed Saleh, stated on Wednesday that a number of factors contributed to the increase in meat prices, emphasizing that this increase is only temporary and seasonal. He also noted that the stability of prices in the local market was caused by government assistance to farmers. He clarified that "because of the government's poli
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