Press Releases

Iraq Rebukes U.S. Sanctions Targeting Iraqi Entities

(MENAFN) Iraq has sharply criticized fresh U.S. Treasury sanctions targeting Iraqi entities, calling the move a damaging and unilateral step that undermines the foundation of friendly relations between Washington and Baghdad. In an official...

Iraq Defeats Indonesia in World Cup Qualifier

(MENAFN) Iraq advanced closer to securing a spot in the 2026 FIFA World Cup with a crucial 1-0 triumph against Indonesia on Saturday, during the fourth round of the AFC Asian Qualifiers Group B. At King Abdullah Sports City Stadium, Indonesia...

Iraq Lands Key Deal with U.S. ExxonMobil

(MENAFN) The Iraqi Oil Ministry finalized a Heads of Agreement on Wednesday with U.S. energy giant ExxonMobil, marking a significant step toward advancing Iraq’s energy infrastructure. A statement from the media office of Iraqi Prime Minister...

Subsea Production and Processing System Market to Reach USD 54.84 Billion by 2032

Subsea Production and Processing System Market was valued at USD 28.70 Bn. in 2024 and the total revenue of Market is expected to grow at a CAGR of 8.43% WILMINGTON, DE, UNITED STATES, October 8, 2025 /⁨EINPresswire.com⁩/ -- Subsea Production and...

Iraq Supports Trump’s Gaza Proposal

(MENAFN) Iraq expressed its support for US President Donald Trump’s initiative to end the ongoing war in Gaza, restore the devastated enclave, and safeguard Palestinians from forced displacement. In a statement released on X, Iraq's Ministry of...

U.S. Senate Approves USD925 Billion Defense Bill

(MENAFN) The U.S. Senate gave its approval on Thursday to a substantial $925 billion military budget for fiscal year 2026, which notably extends and increases assistance to Ukraine until 2028. The legislation, known as the National Defense...

OPEC+ Set to Boost Oil Production in November

(MENAFN) The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, announced on Sunday that they will increase oil production by 137,000 barrels per day (bpd) for November. This move follows a...

U.S. Senate Approves USD925B Defense Spending Package for 2026

(MENAFN) The U.S. Senate on Thursday advanced a sweeping $925 billion defense spending package for fiscal year 2026, paving the way for enhanced military funding and long-term assistance to Ukraine through 2028. The National Defense Authorization...

Russia Supports Trump’s Nobel Peace Prize Nomination

(MENAFN) Kremlin foreign policy advisor Yury Ushakov announced on Friday that Russia is open to endorsing a Nobel Peace Prize nomination for U.S. President Donald Trump. When questioned about the matter, Ushakov stated that Moscow “would probably...

Iraq Launches Development Vision to Reduce Oil Reliance

(MENAFN) Iraqi Prime Minister Mohammed Shia' al-Sudani on Saturday unveiled an ambitious long-term development strategy aimed at reshaping the country’s economy and reducing its heavy dependence on oil revenues. Speaking at the official launch of...

Jamjoom Pharma and Iraqi Dermatology Society Sign MoU to Transform Skin Health Awareness

BAGHDAD, IRAQ, September 25, 2025 /⁨EINPresswire.com⁩/ -- The Iraqi Dermatology Society and Jamjoom Pharma have signed a Memorandum of Understanding (MoU) to collaborate on a nationwide awareness initiative, ECZPLORE, aiming at supporting...

Azerbaijani, Iraq Hold Key Talks at UN

(MENAFN) Azerbaijani President Ilham Aliyev and Iraqi President Abdul Latif Rashid met Tuesday at the United Nations headquarters in New York to discuss the strengthening of bilateral relations and the ongoing normalization efforts between their...

Iraq Initiates Climate Investment Plan to Confront Climate Change Challenges

(MENAFN) Iraq announced the launch of the initial phase of its Climate Investment Plan (CIP) for 2025-2030 on Tuesday, marking a strategic move to address the mounting impacts of climate change. According to a statement from the Iraqi National...

Azerbaijan, Iraq talk about relations, normalization process

(MENAFN) On Tuesday, at the UN head office in NY, Ilham Aliyev, the Leader of Azerbaijani, and Latif Rashid, the Leader of Iraq, talked about two-sided ties as well the normalization process among their nations. Azerbaijan's presidency stated in...

Azerbaijan, Iraq Presidents Discuss Bilateral Ties

(MENAFN) Azerbaijani President Ilham Aliyev and Iraqi President Abdul Latif Rashid convened Tuesday at the UN headquarters in New York to deliberate on bilateral relations and the normalization process between their nations. Rashid extended his...

Milestone agreement in principle achieved to resume exports through the Iraq–Türkiye pipeline

NEW YORK CITY, NY, UNITED STATES, September 24, 2025 /⁨EINPresswire.com⁩/ -- Eight international oil companies (IOCs) that represent together with the Kurdistan Regional Government’s (KRG) share more than 90 percent of the Iraqi Kurdistan Region’s...

Oilfield Chemicals in Kuwait & Iraq Market [2025-2027], Rapidly Growing Industry at a CAGR of 3.8%

The Kuwait & Iraq Oilfield Chemicals market is projected to reach $706.1 million by 2027, growing at a CAGR of 3.8% from 2020 to 2027 WILMINGTON, DE, UNITED STATES, September 22, 2025 /⁨EINPresswire.com⁩/ -- According to the latest report by...

Every last drop: AI-powered analysis reveals oil industry's trillion-barrel opportunity in existing fields

Every last drop: AI-powered analysis reveals oil industry's trillion-barrel opportunity in existing fields Wood Mackenzie’s analysis using new AI-powered tools shows existing fields could yield 470 billion to over 1,000 billion additional barrels...

Russia, Iraq Forge Deeper Strategic Ties

(MENAFN) Russian Security Council Secretary Sergei Shoigu announced Tuesday that Moscow's engagement with Iraq is growing significantly stronger, with high-level discussions now spanning a wide array of sectors—including business, economics,...

Gaza’s truce most enforce without interruption–Turkish FM

(MENAFN) Turkish Foreign Minister Hakan Fidan called for unwavering compliance with the recently brokered ceasefire agreement between Hamas and Israel, cautioning that any aggressive action by Israel could trigger renewed conflict and intensify...