Search results for "basra"

PM al-Abadi Meets Oil Bosses

During his visit to Washington this week, Prime Minister Haider al-Abadi received the Chairman and CEO of Occidental Petroleum, Mr. Steve Chazen, and the Chairman and CEO of ExxonMobil, Mr. Rex Tillerson, in separate meetings. Both chairmen discussed the progress in oil production in Iraq, and thanked the Prime Minister for the security and stability […]

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ZagrosJet Launches Domestic Flights

The Kurdish airline Zagros Jet has been granted permission to fly domestically within Iraq. According to a report from Ruday, this adds Bagdad, Sulaimaniya, Basra and Najaf to its list of destinations. The new service will start April 20 when the airline will begin offering six flights each week from Erbil to Baghdad. Moafaq Sherwani, […]

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Edinburgh International Achieves PSC.1 Accreditation

Edinburgh International (EI), a leading provider of security and risk management solutions worldwide and a member company of Constellis Group, today announced that it has received ASIS International’s accreditation for Quality of Private Security Contractor Operations, known as ANSI/ASIS PSC.1-2012. Edinburgh International is the first Constellis Group company to attain the PSC.1 accreditation, which builds […]

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Weekly Security Update: 24 – 30 March 2015

 National Overview US involvement in Tikrit air campaign sparks discord within Shia PMU factions, as regional issues overshadow ongoing anti-ISIS offensive. Since Thursday 26 March, key players in Iraq’s Popular Mobilization Unit (PMU) alliance, including the Iranian-backed Badr Organization, Asaib al-Haq and Kitaib Hezbollah are understood to have withdrawn from the Tikrit theatre in protest […]

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Imported Goods Crowd Out Local Production

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. Qasim al-Rubaie, a teacher from Babil province, told Al-Monitor in front of a grocery store, “You will not find any Iraqi grown vegetables and fruits. Instead you’ll find imported goods from Jordan, […]

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Kuwait Energy, EGPC Partner on Block 9

By John Lee. Kuwait Energy and Egyptian General Petroleum Corporation (EGPC), the national oil company of Egypt, have jointly announced the signing of an agreement whereby EGPC has farmed in a 10 percent participating interest in the Block 9 license. The Block 9 field is located in the Basra Governorate, in Southern Iraq. The signing […]

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Weekly Security Update: 10 – 16 March 2015

 National Overview Ground operations against the militant stronghold of Tikrit have reached a temporary halt outside the city’s central districts as reinforcements arrive in preparation for further heavy fighting. Following last week’s Iraqi update, militia-backed reserves have pressed into the city from the northern, western and southern axes, capturing much of the outlying suburb of […]

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Attock Cement gets Green Light

By John Lee. Pakistan’s Econo­mic Coordination Commit­tee (ECC) has approved a proposal to allow Attock Cement Pakistan Limited (ACPL) to transfer $24 million (29 trillion Iraqi dinars) to Iraq for the construction of a cement grinding unit in Basra. The investment will starting this month, with the company intending to hire 50 percent of its labour […]

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