Archive | 2010

Jordan-Iraq Trade Relations Not Living Up to Potential

Although Jordan could be Iraq's number one economic partner, this potential remains unfulfilled as the Kingdom's public and private sectors are not taking advantage of the "excellent ties" between the two countries, Iraqi Ambassador to Jordan, Saad Hayyani has said, according to a report in Jordan Times. He said that Jordan's extensive experience in the […]

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Post-Conflict Iraq: U.S. vs Iran

By Tariq Abdell, Founder & Chairman, Mesopotamia Insight. The opinions expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. I always believe that politics is the art of compromising, in other words, is knowing when and where to give or to ask. Alas, President Obama's letter, […]

Legal Challenge to Iraqi Oil Contracts

By Ahmed Salih Al-Janabi - Amereller Legal Consultants (in association with MENA Associates). This article was originally published in Who's Who Legal, and is reproduced in full with their permission. For additional analysis on the status of this challenge, please click here. The Supreme Court of Iraq is currently considering the legality of the Rumaila […]

Iraq Oilfields Challenge - Legal Opinion

By Dr. Sami Shubber, founder of Hamourabi Office in Baghdad, Iraq. For more details about this case, please click here. 1. The Iraqi Ministry of Oil awarded a contract to BP and China National Petroleum Co. (SINOPEC) in 2009 for the development of the Rumaila oilfield. A lawsuit has been filed before the Iraqi Supreme […]

International Competition to Develop Adhamiya

The Baghdad Mayoralty has launched an international architectural competition to develop the al-Adhamiya City area of Baghdad, specifically the areas close to the Shrine of Imam Abu Hanifa. “The mayoralty has invited local, regional, and international firms specialized in city and rural planning to participate in the competitions,” a media source from the mayoralty told […]

Religious Sites Can Become Tourist Attractions in Qadisiyah

An Iraqi investment expert said that Qadisiyah [Al-Qādisiyyah] has 14 archeological and religious sites that could be invested in, to draw large numbers of tourists and pilgrims into the province. Abbas Anid Ghanem indicated the presence of these sites encourages investment opportunities in the province, according to a report from AKnews. "Some of these sites […]

German Company to Operate Dock at Khour al-Zubeir

The State Company for Iraqi Ports signed an agreement on Thursday with German company Marlog to operate Dock 8 at Khour al-Zubeir [Khor al-Zubair]. The agreement includes the right to operate the dock for seven years. Incorporated in 1974 as a limited company in Düsseldorf, Germany, Marlog-LBG Logistics became a member of the IQ-Martrade Group […]

Five Companies Compete to Create Science Park in Kirkuk

The Director General of Education in Kirkuk has confirmed that 5 engineering companies are competing on the draft design for the implementation of the second phase of the Science Park, at a cost of 4.66 billion Iraqi dinars [$4 million]. The director of school buildings, Khalaf Khalil Nasif, stressed the importance of the designs regarding […]

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Maysan Needs 70,000 Housing Units

The head of Maysan Investment Commission, Ra'id Sa'iy, announced that "Maysan province needs about 70,000 housing units currently". He stated to the National Iraqi News Agency (NINA): "We need the investment companies to implement cost-efficient housing projects for all levels of society." "Environmental conditions should be considered in the planning and execution of these projects," […]

Rebuilding Iraq

Housing tops Baghdad’s growing to-do list, but as work begins on infrastructure ranging from airports to sewage plants, Iraq’s modest contracting capacity is being stretched to its limits, reports Gulf News. Iraq faces mounting reconstruction needs across its housing and infrastructure sectors, yet the country’s contracting sector is struggling to maintain momentum as increasing numbers […]

Campaign to Improve Computer Literacy

ICDL GCC Foundation, the governing body and the certification authority of the International Computer Driving License program in GCC and Iraq, called on more participation from the private and semi-government businesses to support further digital awareness among all sectors of society through their Corporate Social Responsibility (CSR) programs. Everyone is ultimately a stakeholder from a […]

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Gulf Keystone Commences Drilling on Sheikh Adi Block

Gulf Keystone has announced the commencement of drilling operations on its Sheikh Adi-1 exploration well effective August 4, 2010. This is the first exploration well to be drilled on the Sheikh Adi Block immediately to the west of the Company's Shaikan Block, site of last year's discovery of the giant Shaikan oil field. The Company […]