Via WorldCrunch, an article on some glimmers of hope for Iraq as the country tries to rebuild following four decades of war and embargoes: With a vast office located at the top of a tower fiercely guarded by the army and a bell to call the staff, Khalid Hamza Abbas is obviously a powerful character, […]
Read more »Via Bloomberg, an article on Lukoil’s recent decision not to sell its stake in West Qurna-2 field in the south to Chinese companies: Russia’s Lukoil PJSC is retracting its decision to sell its stake in West Qurna-2 field in the south to Chinese companies, according to Iraqi state-run newspaper Al-Sabah. Iraq’s oil ministry has been in talks […]
Read more »Via Al Monitor, a report on Chinese oil companies’ increased interest in Iraq: Western oil companies have started to pull out of central and southern Iraq and are being replaced by Chinese companies following terrorist attacks against facilities and reports of extortion from tribes, militias and bureaucratic officials in state institutions. Meanwhile, Iraq has halted its plans to […]
Read more »Via Belt & Road News, a report of a new Chinese investment in Iraq: Chinese companies have agreed to build three factories in Iraq for manufacturing ceramics and cardboard with a total value of around $980 million. The projects in the Southern AL-Muthanna Governorate bordering Kuwait and Saudi Arabia comprise a ceramics factory at a […]
Read more »Courtesy of The New York Times, an article on Ramadi – site of some of the fiercest fighting against U.S. troops during the Iraq war – is emerging as one of Iraq’s most stable cities: On the banks of the Euphrates River, the iron beams and bricks are going up for a 20-story luxury hotel with […]
Read more »Via Al Monitor, a report on how Egypt, Iraq and Jordan are working to establish an alliance to boost cooperation in various economic fields: Egypt, Iraq, and Jordan are taking new steps toward forming a strategic partnership, which Iraqi Prime Minister Mustafa al-Kadhimi described as the “New Levant” alliance, based primarily on the economic and investment […]
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