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 […]
Read more »Via The Frontier Post, an article on Iraq’s oil sector: Iraq’s oil sector is facing an economic emergency in the country. The slaries of the Iraq’s public sector employee salaries were delayed because of the economic setbacks. The Ministry of Finance announced on Tuesday that it will start distributing the unpaid salaries for the month […]
Read more »Via The Diplomat, an article on how Iran and Turkey Compete in Central Asian trade: Since 2014, Iran has pivoted toward Eurasia in an obvious shift in strategy. Signing a Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU) was the first serious step in this shift of focus. Two Central Asian states, Kazakhstan […]
Read more »Courtesy of The Wall Street Journal, an article on a recent Iranian delegation to Baghdad to explore ways to beat U.S. sanctions: Iranian officials traveled to Baghdad this week to push for expanded trade and energy ties as it tries to undercut U.S. efforts to weaken Iraq’s economic links to its neighbor. Iranian Foreign Minister Javad […]
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