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Market Review: "Banks Lead Market Recovery"
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are ...
Market Review: "Banks Lead Market Recovery"
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. Market Review: "Banks Lead Market Recovery" The extreme summer heat in July, much hotter this year than usual, and rising COVID-19 infections were supposed to […]
New Food Industry Zone to be built in Duhok
By John Lee. KRG Prime Minister Masrour Barzani recently laid the foundation stone of a food industry zone in Duhok. In a statement, PM Barzani said: "Our promise is to develop other sectors of the economy and end our dependence on a single source of revenue. "Better infrastructure will benefit the whole of Kurdistan. Our […]
Iraqi Prime Minister to visit United States
By John Lee. Iraqi Prime Minister Mustafa al-Kadhimi is to visit the United States later this month. In a statement, he White House said: "President Donald J. Trump will welcome Prime Minister Mustafa Al-Kadhimi of the Republic of Iraq to the White House on August 20, 2020. "The visit comes at a critical time for […]
Iraqi Govt Extends Curfew
By John Lee. The Iraqi Government has said that it will extends the partial, nationwide curfew until 15th August, with a total curfew on Thursday, Friday and Saturday. The move is an attempt to limit the spread of coronavirus (COVID-19). (Source: Govt of Iraq)
Iraqi-American Teen Raises Thousands for Iraqi Orphans
Iraqi-American Teenager Raises Thousands in Support for Iraqi Orphans in 100-Mile Bike Ride Elias Eldadah, an Iraqi-American high school student, raised over $7,500 for Iraqi orphans this month by organizing a 100-mile (161 km) bike ride in the Washington, DC area. Joining him in the cause were his teammates and friends - Michael LesStrang, Jake […]
Shalamijah Border Crossing Reopens
By John Lee. Trade reportedly resumed on Sunday at the Shalamijah (Shalamcheh) border crossing between Iraq and Iran. According to Anadolu Agency, the crossing was closed from 31st July 31 until 8th August due to coronavirus. (Source: Anadolu Agency) (Picture credit: Tasnim, under Creative Commons licence)
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Operations & Security Manager, Management Systems International (MSI) Finance and Administrative Manager, Management Systems International (MSI) Third-Party Monitoring Manager, Management Systems International (MSI) Data Manager, Management Systems International (MSI) Third-Party Field Monitors, Management Systems International (MSI) Country Finance Manager, Agency for Technical Cooperation and […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Monitoring, Evaluation and Learning (MEL) Specialists, Management Systems International (MSI) Child Protection Manager, Save the Children Monitoring, evaluation, accountability & learning coordinator, Médecins du Monde (MdM) Project Manager, UNOPS - United Nations Office for Project Services IM Database Developer/Programmer, International Organization for […]
300MW Power Station opened near Erbil
By John Lee. A new 300-megawatt steam power plant has been recently opened in Khabat, on the outskirts of Erbil. The plant, built in partnership with South Korean companies POSCO and the Korean National Oil Company (KNOC), adds 10 percent to the region's electricity capacity. Speaking at the opening ceremony, KRG Prime Minister Masrour Barzani […]
Aggreko wins Major Order in Iraq
By John Lee. Aggreko plc, the Scottish-based supplier of temporary power generation equipment, has won a significant order in Iraq during the first half of this year. In its results for the six months ended 30th June 2020, the company said: "Order intake [in its Power Solutions Utility division] was 237 MW (2019: 245 MW), […]
Qaiwan Group to build new Highway in Slemani
By John Lee. KRG Prime Minister Masrour Barzani recently laid the foundation stone for a new 100-metre wide highway in Slemani (Sulaymaniyah). The 146-kilometre road will be built in three phases through a cost-sharing arrangement between the KRG and the Qaiwan Group. The first stage, valued at IQD 400 billion ($336 million), is planned to […]
Beirut Explosion: Iraq sends Aid to Lebanon
By John Lee. On Wednesday evening, the Lebanese Prime Minister Hassan Diab received an Iraqi delegation headed by Oil Minister Ihsan Abdul-Jabbar, representing Iraqi Prime Minister Mustafa Al-Kadhimi, and which included Deputy Health Minister Hani Al-Aqabi, Chargé D'affaires, Amin Al-Nasrawi, Political Advisor Ahmad Jamal and Oil Minister's Office Head Haidar Obaid, in the presence of […]