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Japan Agrees Loan for Power Plant Refit Bogus University Grads Clog Job Market UN Worried about Anbar Refugees Traffic Snarls, Violence Accompany Motorcades
 
Japan Agrees Loan for Power Plant Refit

Japan Agrees Loan for Power Plant Refit

By John Lee. The Japan International Cooperation Agency (JICA) has agreed a loan for the rehabilitation of the fourth unit at the Al Hartha Thermal Power Plant in Basra; the amount of the loan as not been disclosed. The plant was originally constructed by a Japanese company in the late 1970s, and consists of four […]

Bogus University Grads Clog Job Market

Bogus University Grads Clog Job Market

By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Meager employment opportunities have led Iraqi university graduates holding doctoral and master’s degrees to despair, as they pursue fruitless searches for jobs in government ministries and the private sector. In Babil province Feb. 3, […]

UN Worried about Anbar Refugees

UN Worried about Anbar Refugees

The United Nations Deputy Special Representative of the Secretary General, Lise Grande, along with Neill Wright, the country’s UN refugee agency (UNHCR) representative, today visited Iraqi families recently displaced from Al Baghdadi district in the western province of Anbar. “The situation facing these families is very worrying. They have been under siege for days and […]

Traffic Snarls, Violence Accompany Motorcades

Traffic Snarls, Violence Accompany Motorcades

By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On Feb. 18, the bodyguards of national security adviser Faleh al-Fayad beat up a group of journalists and media workers in the Al-Nahrain Center for Strategic Studies when they refused to leave the conference Fayad […]

International Women’s Day Event in Iraq:  Present Reality, Future Hope

International Women’s Day Event in Iraq: Present Reality, Future Hope

26 February 2015

Nina Magazine is delighted to be playing a pivotal role in Iraq’s International Women’s Day Celebrations on 7-8th March as media partner. Hosted in the Grand Millennium Hotel in Suleimania, over 300 delegates from across Iraq and internationally are expected to enjoy two days of knowledge-share...

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Posted in Madeleine White8 Comments

GKP Shares Rocket on Possible Takeover

GKP Shares Rocket on Possible Takeover

25 February 2015

By John Lee. Shares in Gulf Keystone Petroleum (GKP),  operator of the Shaikan field (pictured) in the Kurdistan Region of Iraq, jumped 65 percent on Wednesday after the company announced that it has recently engaged in discussions with a number of parties in relation to possible asset...

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Posted in Oil & Gas7 Comments

Slovakian Diplomat to head up UN Iraq Mission

Slovakian Diplomat to head up UN Iraq Mission

25 February 2015

Secretary-General Appoints Ján Kubiš of Slovakia as His Special Representative for Iraq United Nations Secretary-General Ban Ki-moon today announced the appointment of Ján Kubiš (pictured) of Slovakia as his Special Representative for Iraq and Head of the United Nations Assistance Mission for...

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Posted in Politics, Security6 Comments

Pentagon Expedites $17.9m Equipment for Iraq

Pentagon Expedites $17.9m Equipment for Iraq

25 February 2015

The Defense Department has expedited $17.9 million in equipment and supplies –- some which have already been delivered –- to the Iraqi government, Pentagon spokesman Army Col. Steve Warren told reporters on Tuesday. Warren provided a general update on equipment and supplies authorized for...

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Posted in Security7 Comments

Turkey Agrees Loan for KRG

Turkey Agrees Loan for KRG

25 February 2015

By John Lee. Turkey has agreed to provide a $500-million [600 billion Iraqi dinar] loan to the Kurdistan Regional Government (KRG) to help pay the wages of state officials. According to a report from Daily Sabah, the loan will be repaid by either being set off from Turkey's crude oil debts or...

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Posted in Banking & Finance, Oil & Gas, Politics6 Comments

PM Barzani “Fully Committed to Baghdad Agreement”

PM Barzani “Fully Committed to Baghdad Agreement”

25 February 2015

Kurdistan Region Prime Minister, Nechirvan Barzani told the press that Kurdistan Regional Government is committed to the agreement reached between Erbil and Baghdad last December on oil export and Kurdistan Region's share in the 2015 federal budget. In a meeting held yesterday with...

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Posted in Oil & Gas8 Comments

The Importance of Sunni Unity in Iraq

The Importance of Sunni Unity in Iraq

25 February 2015

By Mustafa al Kadhimi for Al Monitor. Any oppinions expressed are those of the author, and do not necessarily reflect the opinions of Iraq Business News. Many Iraqi politicians do not hide their concerns and skepticism regarding moves made by Sunni political and tribal groups — whether in the...

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Posted in Politics, Security3 Comments

Iraq gets First Female Mayor

Iraq gets First Female Mayor

25 February 2015

By John Lee. Zekra Al Wash, a civil engineer and director general of the Ministry of Higher Education, has been named as the new mayor of Baghdad. According to a report from AFP, this makes her the first woman to be given such a post in the whole country. Al Wash replaces Naeem Aboub [Naeem...

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Posted in Industry & Trade, Politics2 Comments

Iran Exports $6bn Eng. Services to Iraq

Iran Exports $6bn Eng. Services to Iraq

24 February 2015

By John Lee. The Head of Tehran Chamber of Commerce, Yahya Al-e Es'haq [Yahya Ale-Eshaq] (pictured), has said that Iran exported technical and engineering services valued at almost $6 billion (7.2 trillion Iraqi dinars) to Iraq in the first eleven months of the current Iranian calendar year...

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Posted in Construction & Engineering, Oil & Gas5 Comments

Iraq Boosts Lucky Cement Results

Iraq Boosts Lucky Cement Results

24 February 2015

By John Lee. Pakistan's Lucky Cement has reported progress at its grinding unit in Iraq. Analyst Nabeel Khursheed at Topline Securities commented that operations from Iraq contributed net earnings of Rs323m (eps Re1) to Lucky’s consolidated bottom-line. (Source: DAWN.COM) (Picture:...

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Posted in Construction & Engineering4 Comments

British Charity Opens Clinic for Refugees

British Charity Opens Clinic for Refugees

24 February 2015

British Charity Opens Medical Clinic for Iraqi Refugees in Najaf The British-Iraqi charity, the AMAR International Charitable Foundation, has opened a clinic in the Iraqi city of Najaf to give medical assistance to the 70,000 refugees who fled to the region from the Islamic State (ISIL/Daesh)....

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Posted in Healthcare, Security8 Comments

Rights Violations of “Increasingly Sectarian Nature”

Rights Violations of “Increasingly Sectarian Nature”

24 February 2015

A United Nations report released this week details widespread human rights violations of an increasingly sectarian nature in Iraq, as well as a deterioration of the rule of law in large parts of the embattled country. The report, produced jointly by the UN Assistance Mission for Iraq (UNAMI) and...

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Posted in Security4 Comments

Weekly Security Update, 17 – 23 February 2015

24 February 2015

National Overview The United States offers April date for Mosul offensive as use of foreign military hardware is increased across Iraq’s western battle zones. Announced to the international press on Thursday 20 February (and confirming details reported by EI in December 2014), the United States...

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Posted in Weekly Security Update8 Comments

States and Markets in Hydrocarbon Sectors

States and Markets in Hydrocarbon Sectors

23 February 2015

States and Markets in Hydrocarbon Sectors - A Forward Contribution By Ahmed Mousa Jiyad. I was privileged indeed to write the forward for an important book, “States and Markets in Hydrocarbon Sectors”, edited by my colleagues Professor Andrei V. Belyi (University of Tartu, Estonia) and...

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Posted in Ahmed Mousa Jiyad9 Comments

Studying Abroad – A Wonderful Journey

Studying Abroad – A Wonderful Journey

23 February 2015

By Nour Hamid. This is an extract from an article originally published by Nina Iraq, and is reproduced here with permission. It was around noon when my flight arrived at College Station TX – my home for the next two years as a graduate student at Texas A&M University. After a long flight...

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Posted in Education & Training6 Comments

Iraq Stock Market Report

Iraq Stock Market Report

23 February 2015

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 19th February 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,184 (-6.3%) / $1,242 (-6.1%) (weekly change) )...

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Posted in Investment0 Comments

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