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DAFI Scholarships Opportunities are Now Open

You are invited to apply for 2019-2020 DAFI scholarship programme under the Albert Einstein German Academic Refugee Initiative funded by the German Government and administered by the United Nations Higher Commissioner for Refugees (UNHCR). DAFI scholarship programme aims to support #refugee students in accessing higher education. The scholarship covers all tuition fees as well as […]

WFP Iraq Country Brief, July 2019

In Numbers 378,787 people assisted in July 2019 1,87 mt of food assistance distributed USD 3.04 million cash-based transfers made USD 68.2 million six months (August 2019 – WFP January 2020) net funding requirements Operational Updates In July, WFP delivered food assistance to 378,787 people in 10 governorates, reaching 89.7 percent of the monthly target […]

Wood Group expects Increased Activity in Iraq

By John Lee. Scottish-based engineering firm Wood Group plc has said that its operations in Iraq will see increased activity. In its half-year results for the six months ended 30 June 2019, the company said: “Growth in 2019 will be led by Operations Solutions, where we expect increased activity in Iraq with customers including Basra […]

Atrush Production exceeds 1m Barrels in July

Abu Dhabi National Energy Company PJSC (TAQA) has announced that its subsidiary, TAQA Atrush B.V. (TAQA Iraq), has set a new production record from the Atrush oil field in the Kurdistan Region of Iraq. For the first time since the field commenced production operations in July 2017, the total monthly production volume exceeded 1 million […]

Abadi opens up about PMU, new PM, Iran

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Former Iraqi premier opens up about PMU, new PM, Iran Al-Monitor’s correspondent in Iraq interviewed former Iraqi Prime Minister Haider Al-Abadi at his family residence within the Green Zone in the […]

New Investment Opportunity in Iraq

By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Chlorine production plant – State Company for Mining (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

Iran, Iraq Agree to Reopen Khosravi Border Crossing

The interior ministers of Iran and Iraq signed an agreement to implement plans to facilitate the Arbaeen pilgrimage to Iraq, including one on reopening the Khosravi border crossing. Iranian Interior Minister Abdolreza Rahmani Fazli and his Iraqi counterpart Yassin Al Yasiri met in Tehran on Saturday and signed a memorandum of understanding to facilitate the […]

Oil Ministry’s “Odious Contract Trap” with ExxonMobil

By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Ministry of Oil and the “Odious Contract’ Trap” with ExxonMobil’ Consortium Talks have intensified recently about the continuation of negotiations between the Ministry of Oil (MoO) and ExxonMobil/CNPC consortium that might […]

Oil, Budgets, Kirkuk still nag Baghdad-Erbil Relations

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.   Oil, budgets, Kirkuk still nag Baghdad-Erbil relations Meetings last month between representatives of Iraq’s federal government in Baghdad and the Kurdistan Regional Government (KRG) in Erbil failed to produce […]

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

Scottish Sweet Company booming in Iraq

By John Lee. A Scottish sweet manufacturer is reportedly seeing sales of its fudge and toffee surge in Iraqi Kurdistan. According to a BBC report, Golden Casket linked up with Sulaymaniyah-based businessman Farhad Haseb to sell the confectionery to upmarket stores in Erbil and Dohuk, as well as other towns and cities in the region. […]