Archive | 21st July 2011

Investment in Iraq Set to Double This Year

Iraq attracted $45 billion in new investment so far this year, more than the total for the whole of last year, according to a report by Dunia Frontier Consultants reported by USA Today. The spike in investment is down to improved confidence in Iraq’s stability, analysts say. Last year Iraq secured $42bn in investment. Much […]

Oil Ministry Recruits 1,114 Energy Workers

AKnews reports that Iraq’s Oil Ministry has announced that it has recruited 1,114 new employees for the state oil companies under its jurisdiction. The successful applicants for the public sector posts are holders of specialized diplomas and degrees in the oil sector from relevant institutions. Iraq plans to increase its oil production from around 2.5 […]

Maliki - re-packaging, re-aligning or just hanging on in there

By Gavin Jones, Director of Iraq Business News, and Partner at consultancy firm Upper Quartile. This article was originally published on the Emerging Economics blog. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. It has been long in the making but it looks like […]

‘Cautious Optimism’ about Iraq’s Future

Real progress had been achieved in replacing Iraq’s ruthless dictatorship with institutions mandated by constitutional principles, which laid the ground for “cautious optimism” about the future, provided that determined national leadership and a stronger spirit of cooperation in the region prevailed, Ad Melkert, Special Representative of the Secretary-General told the Security Council today. Briefing the […]

Iraq Launches System to Safeguard Groundwater

The Government of Iraq reaffirmed its commitment to tackling the ongoing water crisis this month at a national seminar in Baghdad on 3 July 2011, ushering in phase two of the new National Hydrogeological Resources Assessment Network and Database for Iraq, known as geoFIA. This interactive web-based platform will help the Iraqi government to accelerate […]

Eleven Minefields Safely Returned to Communities in Kirkuk

MAG (pronounced “Mag”) – Mines Advisory Group – is a neutral and impartial humanitarian organisation that clears the remnants of conflict for the benefit of communities worldwide. Almost 490,000 square metres of land that was heavily contaminated by landmines and other unexploded ordnance (UXO) has been cleared, and will now be used for farming and […]

The Challenge of Trimming the Cabinet

Credit must go to Nouri al-Maliki for admitting publicly that the number of ministries is a burden on the state. The Prime Minister's proposal to reduce the number in a two-stage process, the first of which will still see 29 ministers retain their positions, seems at first glance to be a move in the right […]