The current political tensions in Iraq are likely to delay the finalisation of a new hydrocarbon law for more than a year, according to Reuters. "With these chronic political differences I can’t see any possibility of having an oil law this year,” said Adel Barwari, a Kurdish adviser to Maliki. “If the [differences] were, say […]
Reuters reports that Iraq has delayed its 4th energy auction until the end of May. "The oil ministry has decided to delay the 4th bidding round until May 30-31 to give more time for the interested companies to study the new amended contract," said Abdul-Mahdy al-Ameedi, director of the oil ministry's petroleum contracts and licensing […]
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. After months of waiting, we look to be in the final stages of government reshuffle. Around the world that is a time when the political system takes a deep breath, scans […]
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. […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
Saudi Telecom (STC), the kingdom’s largest telephone company, has reportedly abandoned plans to bid for Iraq’s fourth mobile-phone licence after delays in awarding the contract. Ghassan Hasbani, the company’s chief executive officer for international operations, told MEED that they will only be interested in the licence if they receive “concrete” information from the government. (Sources: […]
The fourth of the new routes into Iraq by low cost airline flydubai was completed today with the inaugural flight to Najaf. It began its three-times weekly service to Najaf today when the inaugural flight, FZ221, departed Dubai Terminal 2 at 0700hrs, and landed in Najaf International Airport at 0840hrs local time. The return flight, […]
The Managing-Director of Iran's Ports and Maritime Organization (PMO), Seyed Ataollah Sadr, announced on Sunday that Iran and Iraq have reached an agreement on launching a joint shipping line. Speaking to the Iranian Fars News Agency, Sadr said the move will provide the groundwork for private companies from both countries' to set up a joint […]
Iraq's Commission of Integrity (CoI) reports that it referred 4,365 cases of suspected corruption to the courts in 2011. The number of individuals accused in those cases was 5,682. The statistics, made by the Legal Office/CoI, showed the number of the distribution of these referrals is as follows: These numbers represent cases that were processed […]
Baghdad Provincial Council/Baghdad Governorate is pleased to re-announce the project of (Replace the power network of Kamaliya district/locality 759 ) which is included within the projects of Baghdad governorate and funded from the allocations of regions development for 2011. For all specialized offices and companies willing to participate in this tender,review the contracts department in Baghdad governorate […]
PetroChina announces a new tender for provision of 4 driling services unit . Bidding Details: -ITB Package Request Fee: USD 100.00 -Place to obtain the ITB Package: PetroChina Base Camp . Kahla'a Missan Province Iraq. Qualifications and documents required for ITB Package request: -Filled ITB Package Request Form -Copy of Certificate of Incorporation -Copy of […]
The United Nations Assistance Mission for Iraq (UNAMI) has a requirement for Provision of Upgrade, Reapair and maintenance of Public Announcement (PA) System for the newly constructed buildings at UNAMI Regional Headquarters, Erbil, Iraq. The system should effectively cover the entire compund and making public announcements clearly audible in all areas and buildings within the […]
