Iraqi PM Launches Maysan Pharmaceutical Plant

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has laid the foundation stone the Maysan Intravenous Solutions and Pharmaceuticals Plant -- Iraq's second such facility -- marking what his office describes as another milestone for the...

Damac launches Iraq real estate project

The first phase of the new masterplanned community will feature three clusters Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on...

The Energy Report: Finding a Way

Oil prices are lower as things keep finding a way. The Wall Street Journal declared that despite President Trump’s sanctions on Russian oil that sanctioned Russian oil will find new ways to flow. Yet oil is also under pressure as President Trump...

Iraq Launches FCC Unit at Al-Shuaiba Refinery

Prime Minister Mohammed S. Al-Sudani inaugurated the new Fluid Catalytic Cracking (FCC) Strategic Unit at the Al-Shuaiba Refinery in Basra Province on Saturday, marking a major milestone in Iraq’s oil industry. The unit, with a processing capacity...

Iraq: +$45B from oil exports in nine months

2025-10-27T13:18:21+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad Iraq generated more than $48 billion in oil revenues during the first nine months of 2025, according to data from the State Oil Marketing Organization (SOMO). Between...

Iraq launches first electric car factory

2025-10-27T13:54:02+00:00 font Enable Reading Mode A- A A+ Shafaq News – Kirkuk Kirkuk province on Monday laid the foundation for the Orok factory, set to produce electric, gasoline, and diesel vehicles. Governor Rebwar Taha told Shafaq News that...

Iraq Expands Power Grid with New 400 kV Transmission Line

Prime Minister Mohammed S. Al-Sudani has announced a major boost to Iraq’s national power grid with the launch of a new 400 kV transmission line linking Amarah and Maysan. The project, inaugurated on Monday, delivers up to 1,000 MW over a...

Iraq in talks about OPEC quota, with exports at 3.6mln bpd, oil minister says

BAGHDAD - Iraq is in negotiations over the size of its OPEC quota within its available capacity of 5.5 million barrels per day, oil minister Hayan Abdel-Ghani said at an oil conference on Monday. The country, OPEC's biggest overproducer, submitted...

In latest MENA M&A move, Reservoir and PopArabia acquire catalogs of Iraqi company HFM Production & Kuwaiti singer-songwriter Essa Almarzoug

Reservoir Media, in conjunction with PopArabia, has made two new acquisitions in the Middle East and North Africa (MENA). The companies revealed on Monday (October 27) that they have acquired all compositions and masters owned by Iraqi music...

Iraq’s government under fire: Lawmakers decry 'clear neglect' on water crisis

2025-10-27T08:13:59+00:00 font Enable Reading Mode A- A A+ Shafaq News Iraq’s parliamentary Committee on Agriculture, Marshes, and Water has accused Prime Minister Mohammed Shia al-Sudani of neglecting the country’s worsening water crisis, urging...

Basra Storage Blaze Follows Gas Leak at Zubair Site, Iraq Says

Iraq’s Oil Ministry said a gas leak ignited a fire at a storage site in southern Basra on Sunday, killing one worker and injuring four others. The blaze broke out at 9:15 a.m. local time at the Zubair 1 depot, where the ministry said a leak in one...

Iraq in negotiations to review its OPEC quota, oil minister says

BAGHDAD: Iraq is in negotiations to review its OPEC quota within its available capacity of 5.5 million barrels per day, Iraq's oil minister Hayan Abdel-Ghani said at an oil conference on Monday. Abdel-Ghani added that Iraq has been committed to...

Baghdad Courts Zagreb: Iraq, Croatia Explore Energy, Trade, and Cultural Ties

Iraq’s President Abdul Latif Rashid met Croatian Foreign Minister Gordan Grlić Radman in Baghdad on Saturday to map out wider cooperation in politics, the economy, and culture—talks that unfolded as Iraq prepares new parliamentary elections and...

Japan and Iraq Mark Major Milestone as Basra Refinery Upgrade Completed

Iraq has taken a major step toward strengthening its domestic fuel production as officials in Basra marked the completion of the multibillion-dollar Basra Refinery Upgrading Project, a landmark modernisation initiative supported by Japan. Prime...

Jordan: Annual production of pharmaceutical, medical supplies sector's totals $33.7mln — JCI

AMMAN — Jordan’s pharmaceutical and medical supplies sector boast a production capacity of JD1.6 billion annually, making it a vital safeguard for the Kingdom under all circumstances. The sector’s products manufactured by Jordanian companies...

Iraq Issued 180 New Licences for Industrial Projects in September

By John Lee. The Directorate of Industrial Development under Iraq's Ministry of Industry and Minerals has announced the issuance of 180 preliminary licences for new industrial projects during September, as part of its ongoing efforts to support...

Iraq Simplifies Housing Loan Procedures for Public Employees

By John Lee. As part of efforts to expand homeownership opportunities for citizens and activate national initiatives supporting middle- and low-income groups, the Prime Minister of Iraq has directed the relevant authorities to take the necessary...

Chinese contractor commissions third train at Iraq oil project

The facility has been brought online at the West Qurna-1 oil field Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news,...

California’s Climate Lawsuit Ignores Energy Reality

As gas prices in California continue to skyrocket, residents in the state are beginning to ask, who is really “gouging” at the gas pump? The answer, it seems, points more to the state legislature than the California oil industry, as leaders in...

Iraq Oil Depot Fire Claims 1 Life and Sparks Urgent Safety Response

Emergency crews work to extinguish the Iraq oil depot fire at the Zubair field, a strategic energy hub in Basra. October 26, 2025 Hour: 3:30 pm A gas leak caused a deadly Iraq oil depot fire in Basra’s Zubair field, leaving one worker dead and...