The USAID-Tijara Provincial Economic Growth Program in cooperation with Iraq’s 12 microfinance institutions and Iraqi Microfinance Network will hold an Inclusive Financial Services Stakeholders Conference at Hotel Rotana, Erbil, on October 23 and 24, 2012. The theme of this year’s conference will be “Iraqi Microfinance - The Path to Economic and Social Advancement”. The conference […]
By John Lee. Korea’s state-run Korea Gas Corporation (KOGAS) has won a $127m contract to build a 110-kilometer pipeline linking the Iraqi cities of Kirkuk and Baiji. The company said it will sign the contract with Iraq’s state-run Oil Pipelines Company (OPC) this month. KOGAS was selected as the preferred builder in a process that had eight […]
By John Lee. Russia's Pravda reports that Iraq may be about to buy $5 billion worth of MiG fighter jets, Russian helicopters, anti-aircraft missile systems, armored vehicles and other weapons. Between 2008 and 2011 Baghdad purchased Russian weapons worth $246 million dollars, most of which were helicopters. In the same period, deliveries of weapons and […]
By John Lee. According to the general secretary of the Iraqi Cabinet, Ali al-Allaq, Iraq will not pay compensation to Kuwait Airways for a debt dispute before Kuwait drops legal claims against Iraqi Airways. Under an agreement reached in March, the two countries decided that Kuwait would abandon all lawsuits against Iraqi Airways in return […]
By John Lee. On October 4, 2012, the United States government, through the U.S. Agency for International Development (USAID), signed a memorandum of understanding (MOU) with Iraq’s Council of Representatives (COR) to launch a joint program to improve access to the Iraqi legal system for vulnerable and disadvantaged populations. The signing ceremony was attended by […]
By John Lee. Genel Energy has said it that it will continue shipping crude oil from Iraqi Kurdistan, following confirmation from the KRG that it has finally received an initial payment from Baghdad. Despite Iraq's finance ministry issuing an initial payment early last week, by Friday the funds had still not landed in the KRG account, […]
Low-cost airline Air Arabia has announced the launch of services to Erbil, its second destination in Iraq. Flights to the Iraqi city will commence on October 14th, marking Air Arabia’s 76th destination worldwide. The carrier will offer four weekly services between Sharjah and Erbil. On Mondays, Fridays and Sundays, flights depart from Sharjah International Airport […]
By Shwan Zulal. 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. How will I support myself in my old age? People ask this question all around the world. One Kurdish writer argues that a universal pension scheme […]
By John Lee. Genel Energy has announced that the Chia Surkh 10 exploration well was spudded on 7th October 2012. The Chia Surkh 10 well is the first exploration well to be drilled on the Chia Surkh exploration block whichcovers an area of 984 square kilometres in the southern part of the Kurdistan Region of […]
تدعوكم جمعية الكندي إلى رحلتها الإجتماعية السنوية المصادفة مع عيد الأضحى المبارك يوم السبت 27/10. لتأكيد الحجز نرجوا منكم ملئ المعلومات المطلوبة على الرابط التالي http://kindi.org.uk/index.php?option=com_flexicontact&Itemid=120 يسعدنا اللقاء مع جميع الاعضاء و الأصدقاء الأعزاء في هذا اللقاء الإجتماعي بين أبناء الجالية في بريطانيا اللجنة التنفيذية جمعية الكندي للمهندسين
By John Lee. The director of Karbala Investment Commission has announced that the cornerstone for a major housing complex has been laid. Ta'if Abdul Hussein told Aswat al-Iraq that the project will be implemented by a Turkish company along the highway linking Karbala and Najaf. The project consists of 1260 housing units, with associated infrastructure, […]
By John Lee. The new Polish Ambassador to Iraq, Lech Stefaniak, presented his credentials to Iraqi Foreign Minister Hoshyar Zebari on Sunday. The Minister welcomed the Ambassador and praised the friendly relations between the two countries, stressing the Ministry's readiness to provide all required assistance for the success of the Ambassador's mission. The Ambassador thanked […]
