Archive | 28th December 2012

How Much Does Iraq Really Need For its Budget?

By Seerwan Jafar. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s 2013 budget amounts to US$118 billion. But the figures don’t add up. Doing the sums results in one conclusion: unless something is done differently, Iraq […]

Deloitte Reports on MENA Oil, Gas M&A

A new report from Deloitte, entitled "Mergers and Acquisitions in the Oil and Gas Industry -- Current upstream M&A issues and transaction considerations", looks at the factors affecting investment in Iraq: "Iraqi production, which has now passed the 3 million barrel per day level, is benefiting from foreign investors with the expertise to exploit these […]

Iraq Unveils Plan to Revamp Science Infrastructure

According to a report from SciDev.Net, the Iraqi government plans to spend more than $9 billion over the next five years to rebuild its scientific research infrastructure and bolster science and technology education. Ali Al-Adeeb, the country's minister of higher education and scientific research, said the plans involve establishing 12 universities and 28 research centres, […]

Iraq-US Cmte for Cultural and Educational Cooperation

The third meeting of the U.S.-Iraq Joint Coordination Committee for Cultural and Educational Cooperation took place in Baghdad on December 17, 2012, underscoring the deep and broad collaboration between the Government of the United States and the Government of Iraq in support of a strong Iraqi education system, the preservation of Iraq’s rich cultural heritage, […]