Kurdistan’s private sector held a press conference on Wednesday to announce the forthcoming 7th annual Erbil International Trade Fair, Iraq’s largest general fair. The trade fair this year, which takes place from 24 to 27 October, will be the largest in terms of size and the number of companies, highlighting the rapid economic growth in […]
The Warka Bank shareholders meeting originally scheduled for October 6 was held last Wednesday (Oct 12). From what I have heard from various sources, there was some good news and some bad news. The good news is that the bank will be getting an IQD 100 bn loan from the Central Bank of Iraq (CBI). […]
At least 76 people were killed and 184 injured in nationwide attacks in Iraq last week. This is a rise from the previous week and largely attributable to a series of attacks in Baghdad. A series of bombing and suicide attacks targeting the police in the capital left numerous people dead on 12 October. The […]
By Chris Bowers, British Consul General in Erbil. This article was originally published by Rudaw, and is re-published with permission by Iraq Business News. One of the pleasures of writing this column is that it gives me an opportunity to challenge a few myths. One of which is the view that UK businesses are lagging […]
Umm Qasr port administration has announced the seizure of materials contaminated with radioactive isotopes imported from Japan, according to Aswat al-Iraq. A source told the news agency that an imported fork-lift, heading for the private sector, was discovered to have been contaminated by radiation. No information was given on the volume of radiation in the […]
CommLab India has been awarded an eLearning contract by Iraq's Ministry of Oil. This turnkey project is the first of its kind for the Ministry of Oil. The first phase of this project involves a one-year pilot across three of their locations – a refinery, a training center and the oil ministry. CommLab India will […]
Morris Corporation, owned by Brisbane-based Robert McVicker, is suing one of the biggest US military contractors, Kellogg Brown & Root (KBR), for millions of dollars following the abrupt termination of an Iraq deal in mid-2003. According to the report from the Sydney Morning Herald, the Australian company that provides mass catering for US troops and […]
WesternZagros Resources has announced a strategic investment agreement with the Abu Dhabi National Energy Company PJSC ("TAQA"). The company's shares have risen 23% since Friday's close. Under the Agreement, TAQA will purchase, through a private placement, 74 million common shares in the Company at C$0.63 per share for gross proceeds of C$46,620,000. When this private […]
British Minister of State for Middle Eastern Affairs, Alistair Burt arrived in Basra on Monday at the start of a three day visit to Iraq. The Minister last visited Iraq in November 2010. He will use this visit to encourage progress in the political situation in Iraq, its relations with its neighbours, and the climate […]
The Gulf Today reports that Iraq's State Oil Marketing Organisation (SOMO) has issued a tender to buy: 1.365 million tonnes of gasolinen (unleaded 92 RON); 773,000 tonnes of 0.1 percent gas oil; and, 292,000 tonnes of jet fuel. The fuel is for delivery into Khor Al Zubair terminal between January and June 2012. (Source: Reuters, […]
The Iraq Deputy Prime Minister for Energy, Dr. Hussain al-Shahristani, will be delivering the keynote address at the ‘Iraq: Untapped Opportunities’ conference in London on 22 November 2011, arranged by the Middle East Association and supported by the National Investment Commission of Iraq, UK Trade & Investment and Allurentis. Dr. al-Shahristani will be joined by […]
Iraqi telecom & post company (I.T.P.C) one of the branches of MOC is pleased to invite the willing companies to present their offers to above mentioned tender: Project of establishing telephone network in AL ANBAR governorate /ALSOUFIYAH district under classification (4-4-7) The contractors should have the ID contractors classification issued according to the law of […]
