In Iraq almost all official records are kept on paper. So what better way to kill the paper trail that corruption investigators are tracking, than burn the evidence? A rash of fires inside government buildings has led to calls for further investigation. A recent rash of small fires inside the offices of various ministries and […]
According to a report from Rabee Securities, the Iraq Securities Commission (ISC) is suspending trading in the companies listed below, starting Monday, August 8th, 2011. The reason is their violation of instruction # (14) related to financial disclosure; their failure to submit their annual reports for 2010 and/or quarterly financial reports for first quarter 2011 […]
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. […]
Iraqi politician Ayad Jamal ad-Din was injured in a rocket attack on his home earlier in the week. The weapon, believed to have been fired from southern Baghdad, slammed into his house in the normally quiet district of Jadriyah. He may be the latest victim of a string of attacks targeting politicians, mid-level ministry employees […]
Gas Filling Company -one of the Ministry of Oil companies –has the pleasure to re-announce for the tender of supplying (4000) tons of (Body plate for L.P.G cylinder) from origin ( Belgium or West Europe or Japan or America) as a part of capitalism budget of 2011, all manufacturer companies & their approved agents companies […]
North Gas Company announces the below tenders: -Automatic Instrument -Spare for SRU 4700 -Complete Z Configuration Skid -Spares of SRU Unit -Supply a complete refrigeration package Please click on the above links to obtain further information about every tender.
The capital of Iraqi Kurdistan is seeing a building boom, as developments go up at around the same rate as real-estate prices rise. Despite all the construction, though, the average citizen still can’t afford their own home. At times Erbil resembles a building site. Construction sites, both residential and commercial, dot the cityscape. Yet the […]
Shell Global Solutions has signed an agreement with the South Refineries Company of Iraq for the provision of technology licenses to a refinery in Basra, Southern Iraq. Shell Global Solutions will provide a license for a sulphur recovery unit and visbreaker unit as part of the agreement. Together with the refinery expansion, these technologies will […]
The Iraq Future Energy Conference will be hosted in Istanbul, Turkey, from 26th September to 29th September. There is a full programme to demonstrate how energy and infrastructure companies can take a piece of the projects worth tens of billions of US dollars. Attendees can learn about the Ministry of Oil's four-year plan ending in […]
Iraqi businessmen in Kurdistan, the northern region of Iraq, are contemplating a boycott on trade with Iran unless Iranian shelling of Kurdish territory does not cease, reports Aknews. Kurdistan can bring about significant trade pressure. The head of Kurdistan's Exports and Imports Union (KEIU), Mustafa Abdulrahman, estimates that trade exchange volume is US$3bn per year. He […]
With ports and pipelines blocked in Libya, North Africa, and civil war moving into its sixth month, Iraq is set to benefit, says The National. Meanwhile, Reuters reports that foreign oil companies in Syria are reporting business as usual, despite escalating violence. "Iraq is going to boom," Erin Miller Rankin, a construction and project lawyer in […]
A Turkish company's proposals for new schools, rebuilding infrastructure, more local energy and medical facilities is likely to be accepted by the local government in the region of Wasit, south-east of Baghdad, reports Aswat al-Iraq. I.F. Spor's plans include wind power and health projects such as a cancer treatment centre. Other redevelopment projects in the […]
