Archive | 2011

SGS Comments on Import Inspection (ICIGI)

By Rickie Cole of SGS, in response to our Iraq Business News article on importation inspection: On 1st May 2011, the Central Organisation of Standardisation and Quality Control (COSQC) in Iraq implemented the Pre-Importation Inspection, Testing & Certification of Goods to Iraq (ICIGI) programme. This programme is designed to monitor the quality of regulated goods […]

Axens Wins Contract at New Nassiriya Refinery

The State Company for Oil Projects (SCOP), part of the Iraqi Ministry of Oil, has awarded the French-based Axens, a fully-owned subsidiary of IFP Energies nouvelles, the Basic Design and License contracts for the construction of the new refinery in Nassiriya, Iraq. Axens will supply the following process technologies for the refinery: H-Oil RC technology […]

Duty Fees Cancelled at Iraqi Ports of Entry

Aswat al-Iraq reports that the Iraqi Ministry of Transport has decided to cancel land customs duties from sea ports of entry. The ports media director told the agency that Minister Hadi al-Ameri decided to cancel these customs in order to encourage merchants to transport their goods through Iraqi ports. Ports used to have land duty […]

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Foreign Minister Meets Swedish Minister of Trade

Foreign Minister Hoshyar Zebari met Swedish Minister of Trade, Dr. Eva Burling, and the accompanying delegation on Tuesday. The Minister welcomed the minister and explained the situation in the new democratic Iraq. The two sides exchange views on ways of developing the Swedish-Iraqi relations for the benefit of both countries, and to promote trade between […]

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Minority-Government Strategy Is Working

The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. […]

مشروع التعليم في حالات الطوارئ الثالث (المشروع التعليمي الطارئ الثالث) في العراق : بناء القدرات في مجال تدريب المعلمين

   . تلقت العراق من المؤسسة الدولية للتنمية قرضا من البنك الدولي بمبلغ يعادل 100.0 مليون دولار وهو تكلفة مشروع التعليمي الطارئ الثالث    .وزارة التربية والتعليم تنوي تطبيق جزء من عائدات هذا الإئتمان للمدفوعات المستحقة بموجب العقد الذي تم إصداره عن هذا الالطلب لإبداء الإهتمام

Lead, Follow, or Get Out of the Way

Governments have many responsibilities, but one of the main requirements of government is not to get in the way. If an economy is to grow, the administration must facilitate, or at the very least not hinder, people who are trying to create value, satisfy demand, and serve customers. But the new inspection regime at Iraqi […]

Telco IPOs a Bullish Sign

The mobile phone operators are finally getting their IPOs [initial public offerings - A company's first offering of common stock to the public] organized. Recently Asiacell and Zain began conversions to joint stock ownership. Zain is also reported to have engaged Citibank and BNP Paribas to work on valuation. So far as I know, Korek […]

Heritage Oil Announces Successful Testing at Miran West-3 Well

Heritage Oil has announced that it has completed testing of the oil bearing Upper Cretaceous reservoir in the Miran West-3 well in the Kurdistan Region of Iraq ("Kurdistan"): Maximum flow rate achieved from the Upper Cretaceous reservoir was 1,950 bopd, restricted by surface equipment Confirmed gross in-place P50-P90 contingent volumes of 53-75 MMbbls of oil […]

Italian Minister Leads Delegation at Italian-Kurdistan Forum

Italy's Minister of Economic Development Paolo Romani this week led a trade delegation representing more than 50 companies to the Kurdistan Region to participate in a high profile business conference. Minister Romani’s visit to Kurdistan was part of a broader trip to Iraq, and was organised to coincide with the Italian-Kurdistan Region Business Forum and […]

Dutch Poised to Help Iraq Port Development

High-ranking officials from Iraq and the Netherlands have met to discuss Dutch participation in developing Iraq’s sea-ports, according to a report from Contstruction Weekly. Omran Radi, the director of the State Company of Iraq Ports and Yaron Rodenberg, the Dutch ambassador to Iraq, met this month to explore potential cooperation and work together to develop […]