Saudi FM Meets Counterparts from Across the Globe on Sidelines of WEF in Riyadh

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah meets with his Algerian counterpart Ahmed Attaf in Riyadh. (SPA)
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah meets with his Algerian counterpart Ahmed Attaf in Riyadh. (SPA)
TT

Saudi FM Meets Counterparts from Across the Globe on Sidelines of WEF in Riyadh

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah meets with his Algerian counterpart Ahmed Attaf in Riyadh. (SPA)
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah meets with his Algerian counterpart Ahmed Attaf in Riyadh. (SPA)

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah received in Riyadh on Sunday his counterparts from across the globe on the sidelines of the World Economic Forum special meeting in Riyadh.

He held separate meetings with Algerian FM Ahmed Attaf, Sri Lankan FM Ali Sabry, Norwegian FM Espen Barth Eide and Malaysian FM Mohamad Hasan.

Talks focused on bilateral relations and ways to strengthen and develop them to achieve common interests.

They also discussed the latest regional developments, including the crisis in the Gaza Strip.



Palestinian Public Sector Salaries Squeezed as Israel Withholds Tax Revenue

 Palestinian women shop at a roadside stand near Ramallah, in the Israeli-occupied West Bank, May 3, 2024. (Reuters)
Palestinian women shop at a roadside stand near Ramallah, in the Israeli-occupied West Bank, May 3, 2024. (Reuters)
TT

Palestinian Public Sector Salaries Squeezed as Israel Withholds Tax Revenue

 Palestinian women shop at a roadside stand near Ramallah, in the Israeli-occupied West Bank, May 3, 2024. (Reuters)
Palestinian women shop at a roadside stand near Ramallah, in the Israeli-occupied West Bank, May 3, 2024. (Reuters)

The Palestinian Authority said on Sunday the Israeli finance ministry was continuing to withhold tax revenues and as a result only a part of public sector salaries would be paid this week, keeping up a squeeze on payrolls that has lasted for months.

The Authority said it would pay Palestinian public sector employees 50% of their March salaries on Tuesday, after Israel withheld a transfer due for the month of April.

It said the arrears would be paid once the financial situation allowed.

The Israeli finance ministry confirmed it had been decided not to transfer tax revenues this month but declined to provide details.

The squeeze on public sector salaries, and the fact that tens of thousands of Palestinians have been prevented from working in Israel since the start of the war in Gaza in October, have added to growing economic hardship in the occupied West Bank.

Israel collects tax on goods that pass through Israel into the West Bank on behalf of the Palestinian Authority and transfers the revenue to Ramallah under a longstanding arrangement between the two sides.

But since the Hamas-led attack on Israel, the Israeli Finance Minister Bezalel Smotrich has withheld sums earmarked for administration expenses in Gaza.

Although the Hamas movement wrested control of Gaza from the rival Fatah faction in 2007, the Palestinian Authority, which is dominated by Fatah, continues to fund some health and education services in the enclave.


OIC Calls for Urgent Assistance for Afghanistan Flood Victims

 An Afghan boy walks along a flooded street in Sheikh Jalal, Baghlan province, Afghanistan May 12, 2024. (Reuters)
An Afghan boy walks along a flooded street in Sheikh Jalal, Baghlan province, Afghanistan May 12, 2024. (Reuters)
TT

OIC Calls for Urgent Assistance for Afghanistan Flood Victims

 An Afghan boy walks along a flooded street in Sheikh Jalal, Baghlan province, Afghanistan May 12, 2024. (Reuters)
An Afghan boy walks along a flooded street in Sheikh Jalal, Baghlan province, Afghanistan May 12, 2024. (Reuters)

The Organization of Islamic Cooperation (OIC) urgently appealed on Sunday to all its member states and other countries worldwide, as well as relief organizations, to assist the Afghani people affected by the ongoing floods.

Flash floods caused by heavy rains have devastated villages in northern Afghanistan, killing 315 people and injuring more than 1,600, authorities said on Sunday, as villagers buried their dead and aid agencies warned of widening havoc.

Thousands of homes were damaged and livestock wiped out, the Taliban-run refugee ministry said, while aid groups warned of damage to health care facilities and vital infrastructure, such as water supply, with streets left coated in mud.

The ministry said Sunday's latest tally of dead and injured came from its Baghlan provincial office, according to a post on X. Earlier, the interior ministry had put the toll from Friday's floods at 153, but warned it could rise.

Afghanistan is prone to natural disasters and the United Nations considers it one of countries most vulnerable to climate change.


Unemployment Down, Number of Women up in Saudi Labor Market in 2023

A general view of Riyadh, Saudi Arabia. (Getty Images)
A general view of Riyadh, Saudi Arabia. (Getty Images)
TT

Unemployment Down, Number of Women up in Saudi Labor Market in 2023

A general view of Riyadh, Saudi Arabia. (Getty Images)
A general view of Riyadh, Saudi Arabia. (Getty Images)

The Saudi Ministry of Human Resources and Social Development unveiled a series of impressive achievements in the pursuit of a more efficient and effective labor market.

The achievements align with the Kingdom's Vision 2030 and show that priority was given to achieve several key goals: protect workers’ rights, ensure safe and healthy workplaces, nurture national talent, and achieve a sustainable balance in the labor market. To achieve these goals, the ministry has in place appropriate laws and regulations, reported the Saudi Press Agency on Sunday.

The year 2023 witnessed significant progress. Over 1,000 government employees received training at international agencies, which helped improve their work effectiveness. The job engagement index for civil servants surpassed the 2022 target, reflecting a more engaged public sector workforce.

The National Training Campaign (Waad) incentivized the private sector to train workers, with over 16,000 trainees benefiting in various sectors. The skills accelerator program focused on boosting the efficiency of Saudi employees in the private sector, targeting industries with the greatest impact on the national economy.

More than 10,000 individuals benefitted from programs fostering self-employment and specialized skills development. Over 500 people with disabilities were integrated into the workforce in 2023, encouraging them to participate in and contribute to the economy.

The launch of a comprehensive program for reporting work-related accidents underlines the ministry's commitment to workers’ well-being.

The "On Time" campaign has been promoting timely wage payment, with over 700,000 establishments complying with the wage protection system for more than nine million private sector employees.

The ministry's efforts have yielded significant results. The unemployment rate dropped from 12.8% in 2017 to 8.6% in the third quarter of 2023. Working conditions for expatriate workers saw a 73% improvement in 2023 compared to 2020.

The percentage of establishments implementing safety and health measures soared from a mere 15% in 2019 to 71.27% in 2023. Compliance with the wage protection system rose significantly, from 50% in 2017 to 86.9% in the third quarter of 2023.

The percentage of employed individuals with disabilities increased from 7.7% in 2016 to 12.6% in the first half of 2024.

The ministry actively supports working women through dedicated programs. The Wusool transportation program has provided transportation to 234,344 women employed in the private sector.

The Qurrah program, establishing centers for children of working women, has enabled 26,363 women to access childcare services through accredited centers.

Over 25,000 women trainees participated in programs designed to equip them with the skills needed to thrive in the job market.

These initiatives have demonstrably increased women’s participation in the labor market. By the third quarter of 2023, the share of women in the labor market has risen to 34.2%, compared to just 21.2% in 2017. Moreover, the number of women in senior and middle management positions has also seen a significant rise, jumping from 28.6% in 2017 to 43.7% by the third quarter of 2023.

The Ministry of Human Resources and Social Development’s commitment to a more efficient and inclusive labor market is fostering positive change in Saudi Arabia. As these efforts continue, they are expected to have an even greater impact on the Kingdom's workforce and overall economic progress.


Riyadh Hosts Third Edition of Global AI Summit in September

A general view of Riyadh, Saudi Arabia. (SPA)
A general view of Riyadh, Saudi Arabia. (SPA)
TT

Riyadh Hosts Third Edition of Global AI Summit in September

A general view of Riyadh, Saudi Arabia. (SPA)
A general view of Riyadh, Saudi Arabia. (SPA)

The third edition of the Global AI Summit will be held in Riyadh from September 10 to 12 under the patronage of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and Chairman of the Board of Directors of the Saudi Data and Artificial Intelligence Authority (SDAIA).

In a statement, SDAIA President Dr. Abdullah bin Sharaf Al-Ghamdi expressed his gratitude to Crown Prince Mohammed for his unwavering support for the Global AI Summit.

He emphasized the pivotal role this patronage plays in advancing the national data and AI agenda, maximizing the benefits of cutting-edge technologies, and improving the Kingdom's global standing and reinforcing its leadership position in the field.

“This summit builds on the remarkable achievements of its previous editions, held in 2020 and 2022 under the gracious patronage of the Crown Prince,” he added.

“The third edition of the summit distinguishes itself through its extensive range of topics covering diverse areas of global interest in data and AI. This is particularly significant considering the rapid progress of these technologies and their profound impact on individuals and institutions,” he stressed.

The summit will cover key topics in the field of AI, such as innovation and industry trends, shaping a brighter future for AI, and cultivating an enabling environment for human talent.

Sub-themes will delve into various issues, including local and global AI applications, the integral relationship between humans and AI, business leadership in AI, the correlation between data and applications, generative AI, AI ethics, AI processing and infrastructure, and the role of AI in smart cities.

Al-Ghamdi extended an invitation to leading AI policymakers and individuals passionate about data and innovation to participate in the upcoming summit.

The gathering aims to tackle critical issues surrounding AI development and establish a framework for its responsible use.

According to Al-Ghamdi, the summit is expected to have a positive impact both locally and internationally. It aims to strengthen the Kingdom's role in supporting the UN 2030 Sustainable Development Goals, thus contributing to a better future for all.

Al-Ghamdi underscored the summit's significance to Saudi Vision 2030, led by Crown Prince Mohammed, and said it aspires to make Riyadh a global compass for AI advancements, fostering collaboration on responsible AI development that benefits humanity as a whole.

Attendees will gain insights from prominent international decision makers, ministers, heads of organizations, and tech CEOs.

The summit will facilitate interaction with leading data scientists and AI researchers, offering a global perspective on cutting-edge developments.

The event is expected to witness the signing of local and international agreements, which will form the foundation of future international initiatives in AI led by Saudi Arabia.

Al-Ghamdi said the third edition of the summit underscores the Kingdom's ambition, as envisioned by Crown Prince Mohammed, to become a leading global model in the AI field.


Rafah Residents Flee ‘Hell’ of Israeli Onslaught

 Displaced Palestinians travel in a vehicle as they flee Rafah, after Israeli forces launched a ground and air operation in the eastern part of southern Gaza city, amid the ongoing conflict between Israel and Hamas, in Rafah, in the southern Gaza Strip May 12, 2024. (Reuters)
Displaced Palestinians travel in a vehicle as they flee Rafah, after Israeli forces launched a ground and air operation in the eastern part of southern Gaza city, amid the ongoing conflict between Israel and Hamas, in Rafah, in the southern Gaza Strip May 12, 2024. (Reuters)
TT

Rafah Residents Flee ‘Hell’ of Israeli Onslaught

 Displaced Palestinians travel in a vehicle as they flee Rafah, after Israeli forces launched a ground and air operation in the eastern part of southern Gaza city, amid the ongoing conflict between Israel and Hamas, in Rafah, in the southern Gaza Strip May 12, 2024. (Reuters)
Displaced Palestinians travel in a vehicle as they flee Rafah, after Israeli forces launched a ground and air operation in the eastern part of southern Gaza city, amid the ongoing conflict between Israel and Hamas, in Rafah, in the southern Gaza Strip May 12, 2024. (Reuters)

War-weary Gazans flooded towards coastal areas of the Gaza Strip's southern city of Rafah on Sunday, fleeing heavy bombardment in eastern zones after Israel ordered them to evacuate.

"We endured three days that can be considered hell," said Mohammed Hamad, a 24-year-old resident of eastern Rafah who was among the 300,000 Palestinians that Israel says have fled the fighting.

Despite international opposition to any major military operation in Rafah, Israel has shifted its focus to the heavily populated area in what it says is an effort to destroy the last bastion of Hamas.

Eastern parts of the city have been heavily bombarded in recent days, according to witnesses, as Israel sent tanks and ground troops into the areas in "targeted raids".

"They were among the worst nights for us since the beginning of the war," Hamad told AFP from Al-Mawasi, an area Israel has designated a "humanitarian zone" despite aid groups warning that it is unprepared for such an influx.

Rafah's population had swelled to around 1.4 million after hundreds of thousands of Palestinians fled fighting in other areas of the Gaza Strip and sought shelter there during more than seven months of war.

"They started by distributing flyers in the morning, and immediately began brutal artillery and aerial bombardment without giving people a chance to think or organize their belongings properly," Hamad said.

- 'We wish for death' -

AFP photographers saw dozens of families loading furniture and household items on trucks and fleeing from Rafah, many heading for Khan Yunis, the main city in the south of the Palestinian territory.

Many people, especially women and children, lingered on streets outside their homes before moving out.

The war began with Hamas's unprecedented October 7 attack on Israel, which resulted in the deaths of more than 1,170 people, mostly civilians, according to an AFP tally of Israeli official figures.

Israel's retaliatory offensive has killed at least 35,034 people in Gaza, mostly women and children, according to the Hamas-run territory's health ministry.

Israeli forces on Tuesday seized and closed the Palestinian side of the Rafah crossing into Egypt -- through which all fuel passes into Gaza.

"There are no medical services or humanitarian aid being provided to the displaced people in the northern Gaza Strip," said Mahmud Basal, spokesman for Gaza's civil defense agency.

"What we are witnessing in terms of killing and destruction reminds us of the early days of the aggression."

Umm Mohammed Al-Mughayyir said she has had to move her family seven times to escape the fighting.

"We have reached a point where we wish for death," she said.

"We have people with special needs, elderly individuals, and children with us. Where do we go when the bombardment never stops, day and night?"

Volker Turk, the UN high commissioner for human rights, said on Sunday that a full-scale Israeli assault on Rafah "cannot take place", insisting that it cannot be squared with international law.

"The latest evacuation orders affect close to a million people in Rafah. So where should they go now? There is no safe place in Gaza!" he said in a statement.


French Miss Africa Contests Proudly Celebrate Dual Cultures in Paris

 Lyse Amissah (c) celebrates her 2024 victory. (AFP)
Lyse Amissah (c) celebrates her 2024 victory. (AFP)
TT

French Miss Africa Contests Proudly Celebrate Dual Cultures in Paris

 Lyse Amissah (c) celebrates her 2024 victory. (AFP)
Lyse Amissah (c) celebrates her 2024 victory. (AFP)

The recent scene in a Paris theatre was loud and tumultuous with hundreds of spectators backing their favorites in the Miss Ivory Coast/France 2024 contest, one of many events at which France's African diaspora celebrate their dual culture.

"Our parents made beautiful children in Europe," remarked a master of ceremony as the 19 contestants took to the stage wearing, in turn, traditional wax dresses, swimsuits and evening wear.

After four hours of suspense, Lyse Amissah, contestant number 18, was declared the winner.

"I am very touched, grateful and proud," said the 22-year-old student who was born in Paris to Ivorian parents.

A few weeks earlier, during rehearsal, Amissah -- who wears her hair short and dyed blond -- said that the contest represented more than just winning a beauty pageant.

"It's a way to get as close to my roots as possible," she said, adding she had always been "steeped in Ivorian culture".

Flora Sy, president of the Miss Ivory Coast/France committee, said that although the contestants are "very proud" to be French, "it is also important for us to show our Ivorian culture".

Things weren't always this upbeat, remembered Mams Yaffa who organized the very first such African contest in France, Miss Mali/France in 2002.

- 'Role models' -

Casual xenophobia and racism were widespread at the time, including at the highest level of state.

The image of Malians was "horribly stigmatizing", said Yaffa, who is now deputy mayor in Paris's 18th district where many residents are of African background.

The first Miss Mali/France contest "provided the framework for activism" and the women competing were "role models for our younger sisters", he said.

Their activism was aimed at promoting hygiene, education and health, and to persuade women not to bleach their skin.

Topics today include illegal immigration. Miss Senegal/France recently talked with young people in Senegal "to convince them not to get into one of those boats", said Mamadou Thiam, who runs the Franco-Senegalese organizing committee.

Amissah is using her fame to help end the "taboo" surrounding endometriosis in Ivory Coast.

Close contacts created by the beauty contests between France and African countries sometimes contrasts with deteriorating diplomatic relations between France and some of its former colonies on the continent.

A recent example is Mali, where the military government asked French troops to leave after 10 years of anti-extremist missions there.

But Yaffa brushed off such tensions, saying his organization will never allow itself to become the "collateral damage" of diplomacy.

"The problem is governments, not the population," he said.


Banning UK Arms Exports to Israel Would Strengthen Hamas, Says Cameron

A handout picture released by the BBC, taken and received on May 12, 2024, shows Britain's Foreign Secretary David Cameron appearing on the BBC's 'Sunday Morning' political television show with journalist Laura Kuenssberg. (Photo by JEFF OVERS / BBC / AFP)
A handout picture released by the BBC, taken and received on May 12, 2024, shows Britain's Foreign Secretary David Cameron appearing on the BBC's 'Sunday Morning' political television show with journalist Laura Kuenssberg. (Photo by JEFF OVERS / BBC / AFP)
TT

Banning UK Arms Exports to Israel Would Strengthen Hamas, Says Cameron

A handout picture released by the BBC, taken and received on May 12, 2024, shows Britain's Foreign Secretary David Cameron appearing on the BBC's 'Sunday Morning' political television show with journalist Laura Kuenssberg. (Photo by JEFF OVERS / BBC / AFP)
A handout picture released by the BBC, taken and received on May 12, 2024, shows Britain's Foreign Secretary David Cameron appearing on the BBC's 'Sunday Morning' political television show with journalist Laura Kuenssberg. (Photo by JEFF OVERS / BBC / AFP)

Stopping British arms sales to Israel if it launches a ground assault on Rafah in the Gaza Strip would strengthen Hamas, Britain's Foreign Secretary David Cameron said on Sunday.

Israel ordered Palestinians to evacuate more of the southern city on Saturday in an indication it was pressing ahead with its plans for a ground attack, despite US President Joe Biden's threat to withhold the supply of some weapons if it did so.

Cameron said he did not support an operation in Rafah in the absence of a plan to protect hundreds of thousands of civilians sheltering in the southern border city.

However, Britain was in a "completely different position" to the United States in terms of providing arms to Israel, he said, noting that the less than 1% of Israel's weapons that came from Britain were already controlled by a strict licensing system.

"We could, if we chose to, make a sort of political message and say we are going to take that political step," he told the BBC's Laura Kuenssberg.

"The last time I was urged to do that (...), just a few days later there was a brutal attack by Iran on Israel, including 140 cruise missiles," he added.

Cameron said the "better answer" would be for Hamas, which controls Gaza, to accept a hostage deal.

"Just to simply announce today we're going to change our whole approach to arms exports rather than go through our careful process, it would strengthen Hamas, it would make a hostage deal less likely, I don't think it would be the right approach," he said.

Hamas attacked southern Israel on Oct. 7, killing some 1,200 people and taking more than 250 people hostage, according to Israeli tallies.

Israel's military response in Gaza has killed close to 35,000 Palestinians, according to Gaza's health ministry.


Israel Lacks ‘Credible Plan’ to Safeguard Rafah Civilians, Says Blinken

 A boy looks on as Palestinians prepare to flee Rafah after Israeli forces launched a ground and air operation in the eastern part of the southern Gaza city, amid the ongoing conflict between Israel and Hamas, in Rafah, in the southern Gaza Strip May 12, 2024. (Reuters)
A boy looks on as Palestinians prepare to flee Rafah after Israeli forces launched a ground and air operation in the eastern part of the southern Gaza city, amid the ongoing conflict between Israel and Hamas, in Rafah, in the southern Gaza Strip May 12, 2024. (Reuters)
TT

Israel Lacks ‘Credible Plan’ to Safeguard Rafah Civilians, Says Blinken

 A boy looks on as Palestinians prepare to flee Rafah after Israeli forces launched a ground and air operation in the eastern part of the southern Gaza city, amid the ongoing conflict between Israel and Hamas, in Rafah, in the southern Gaza Strip May 12, 2024. (Reuters)
A boy looks on as Palestinians prepare to flee Rafah after Israeli forces launched a ground and air operation in the eastern part of the southern Gaza city, amid the ongoing conflict between Israel and Hamas, in Rafah, in the southern Gaza Strip May 12, 2024. (Reuters)

US Secretary of State Antony Blinken on Sunday defended a decision to pause a delivery to Israel of 3,500 bombs over concerns they could be used in the Gazan city of Rafah, saying Israel lacked a "credible plan" to protect some 1.4 million civilians sheltering there.

Speaking to ABC News' This Week, Blinken said that President Joe Biden remains determined to help Israel defend itself and that the shipment of 3,500 2,000-pound and 500-pound bombs was the only US weapons package being withheld.

That could change, he said, if Israel launches a full-scale attack on Rafah, which Israel says it plans to invade to root out fighters of the ruling Hamas group.

Biden has made clear to Israel that if it "launches this major military operation to Rafah, then there are certain systems that we're not going to be supporting and supplying for that operation," said Blinken.

"We have real concerns about the way they're used," he continued. Israel needs to "have a clear, credible plan to protect civilians, which we haven't seen."

Rafah is hosting some 1.4 million Palestinians, most of them displaced from elsewhere in Gaza by fighting and Israeli bombardments, amid dire shortages of food and water.

The death toll in Israel's military operation in Gaza has now passed at least 35,000 Palestinians, according to Gaza's Hamas-run health ministry.

The war was triggered by the Hamas-led attack on southern Israel on Oct. 7 in which some 1,200 people were killed and more than 250 people taken hostage, according to Israeli tallies.

Israel says 620 soldiers have been killed in the fighting.


Iran’s Nuclear File Returns to the Forefront

Rafael Grossi speaking on May 7 at Vienna Airport after his return from Tehran. (EPA)
Rafael Grossi speaking on May 7 at Vienna Airport after his return from Tehran. (EPA)
TT

Iran’s Nuclear File Returns to the Forefront

Rafael Grossi speaking on May 7 at Vienna Airport after his return from Tehran. (EPA)
Rafael Grossi speaking on May 7 at Vienna Airport after his return from Tehran. (EPA)

Iran’s nuclear file has returned to the forefront, with the approaching regular meeting of the International Atomic Energy Agency's governors, next month, in Vienna.
Neither Iran nor the agency deviated from the pre-written scenario, which is being implemented and consists of several stages. The first is for the agency’s director, Rafael Grossi, to take the initiative, several weeks before the meeting, to attract attention to the aforementioned file through heated statements, saying that Iran is not cooperating satisfactorily with his inspectors.
This stage paves the way for Grossi’s visit to Tehran and lengthy meetings with senior officials, usually followed by two press conferences: the first in Iran, alongside Foreign Minister Hossein Amir Abdollahian, or Mohammad Eslami, head of the Atomic Energy Organization of Iran, and the second upon his landing at Vienna Airport.
What is often striking is that Grossi’s tone varies depending on the place. His rhetoric is diplomatic in Tehran, and direct, even sharp, in Vienna.
However, the last scenario takes place amidst very important transformations, the first of which is the entry of Israel directly into the line after the bombing of the Iranian consulate headquarters in Damascus and the killing of senior leaders of the Iranian Revolutionary Guard, and the subsequent Iranian response inside Israel and the Israeli response inside Iran.
If a group of countries, led by the United States, intervened, directly or through mediation, to prevent sliding into open war in the Middle East region, this factor has a direct impact on the future of the Iranian nuclear program. Tehran has in fact always kept its nuclear program out of its general policy and within its “technical” limits.
But today, the situation has changed. After a senior Revolutionary Guard threatened that Iran can abandon its nuclear doctrine, which was determined by the Supreme Leader in a famous fatwa, here is his advisor, Kamal Kharazi, coming out to wave the nuclear card.
The Iranian Students News Agency quoted Kharazi as saying: “We have not yet taken a decision to make a nuclear bomb, but if Iran’s existence becomes threatened, there will be no choice but to change our military doctrine.”
It is clear today that Tehran has begun to view its nuclear program, and even present it as a “weapon of deterrence.”
Western capitals, led by Washington, were keen, in recent meetings, to avoid taking any measures against Tehran, in order to encourage it to calm tensions in the Middle East, as it has the ability to influence and stop supplying Russia with drones.

 

 


Chinese Companies Win More Bids to Explore for Iraq Oil and Gas

A representative of a foreign oil and gas company walks to drop his contract documents in the box during a ceremony of sixth licensing round for oil and gas projects at the Iraqi ministry of oil in Baghdad, Iraq, 11 May 2024. (EPA)
A representative of a foreign oil and gas company walks to drop his contract documents in the box during a ceremony of sixth licensing round for oil and gas projects at the Iraqi ministry of oil in Baghdad, Iraq, 11 May 2024. (EPA)
TT

Chinese Companies Win More Bids to Explore for Iraq Oil and Gas

A representative of a foreign oil and gas company walks to drop his contract documents in the box during a ceremony of sixth licensing round for oil and gas projects at the Iraqi ministry of oil in Baghdad, Iraq, 11 May 2024. (EPA)
A representative of a foreign oil and gas company walks to drop his contract documents in the box during a ceremony of sixth licensing round for oil and gas projects at the Iraqi ministry of oil in Baghdad, Iraq, 11 May 2024. (EPA)

Chinese companies won four bids to explore Iraqi oil and gas fields, Iraq's oil minister said on Sunday as the Middle Eastern country's hydrocarbon exploration licensing round continued into its second day.

The oil and gas licenses for 29 projects are mainly aimed at ramping up output for domestic use, with more than 20 companies pre-qualifying, including European, Chinese, Arab and Iraqi groups.

Chinese companies have been the only foreign players to win bids, taking nine oil and gas fields since Saturday, while Iraqi Kurdish company KAR Group took two.

There were notably no US oil majors involved, even after Iraqi Prime Minister Mohammed Shia al-Sudani met representatives of US companies on an official visit to the United States last month.

China's CNOOC Iraq won a bid to develop Iraq's Block 7 for oil exploration that extends across the country's central and southern provinces of Diwaniya, Babil, Najaf, Wasit and Muthanna, said oil minister Hayan Abdul Ghani.

ZhenHua, Anton Oilfield Services and Sinopec won bids to develop the Abu Khaymah oilfield in Muthanna, the Dhufriya field in Wasit and the Summer field in Muthanna respectively, the minister said.

Iraq's main goal with its sixth licensing round was to increase gas output that it wants to use to fire power plants that rely heavily on gas imported from Iran.

However, no bids were made on at least two fields with large gas potential, potentially undermining those efforts.

Iraq, OPEC's second-largest oil producer behind Saudi Arabia, has been hampered in its oil sector development by contract terms viewed as unfavorable by many major oil companies as well as recurring military conflict and growing investor focus on environmental, social and governance criteria.