Tag Archives | featured

Iraq “ready to give 190 Investment Projects to Iran”

By John Lee. Iraq is ready to give 190 investment projects to Iranian investors, according to a report from Iran’s Mehr News. It attributes the statement to Iraqi industry minister Saleh Abdullah al-Jubouri (pictured), at a meeting with members of the Isfahan Chamber of Commerce on Wednesday. He is said to have added that the […]

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Cabinet Approves Iraq-Jordan Pipeline, Offshore Oil Exporting Facilities

By John Lee. The Iraqi Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister, Adil Abd Al-Mahdi, at which it discussed a series of recommendations by the Ministerial Committee for Energy regarding a number of strategic projects aimed at increasing Iraq’s oil production and exporting capacities. The Cabinet approved […]

IBBC establishes Health Sector Table

By John Lee. The Iraq Britain Business Council (IBBC) has announced that it has established a Health Sector Table. This Table will be chaired by Professor David Kerr, Rhodes Professor of Clinical Pharmacology and Cancer Therapeutics, and Head of Department of Clinical Pharmacology at Oxford University. It is being supported by the Iraqi Minister of […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Country Security Manager, Norwegian Refugee Council (NRC) CCCM Information Management Assistant, Norwegian Refugee Council (NRC) CCCM Access Officer, Norwegian Refugee Council (NRC) Camp Management Project Coordinator, Norwegian Refugee Council (NRC) ICLA Officer – Legal Assistance, Norwegian Refugee Council (NRC) Monitoring & Evaluation Officer, […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Logistics Coordinator, INTERSOS – Organizzazione Umanitaria Onlus National Operations Officer, IOM – International Organization for Migration Project Administrative Assistant, IOM – International Organization for Migration Project Administrative Assistant, UNAMI – United Nations Assistance Mission for Iraq Graphic and Web (UI & UX) […]

SOMO Discloses Data on its Spot Sales

By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. SOMO Discloses Data on its Spot Sales[1] In an unprecedented move, SOMO and the Ministry of Oil-MoO disclosed recently detailed data on quantities and revenues of crude oil sold directly through “electronic […]

Siemens in $310m Iraq Power Plant Deal

Germany’s Siemens has received an order to supply the key components and long-term power generation services for the 840-megawatt (MW) Maisan combined cycle power plant in Iraq. CITIC Construction Co., Ltd., the Chinese engineering procurement and construction firm building the plant, and Iraqi developer MPC, part of Raban Al-Safina for Energy Projects (RASEP) awarded the […]

Iraq throws Turkey curveball in Bilateral Trade

By Fehim Tastekin for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Turkish exporters are reeling from an unprecedented blow in trade with Iraq that has splashed cold water on Ankara’s hopes to launch a second border crossing with its southern neighbor and boost bilateral trade […]

Market Review: “Heatwaves and Budget Surpluses”

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market took a breather, after the blistering May rally, to end the month down -0.71% as measured by the Rabee Securities RSISX USD Index […]

GKP announces Share Buyback

By John Lee. Gulf Keystone Petroleum (GKP) has announced its intention to commence a share buyback programme, using the company’s existing cash resources to make market purchases of Gulf Keystone common shares for a maximum consideration of US$25 million, with the first stage of that programme being initiated now to purchase Gulf Keystone shares for […]