By Eugen Iladi. The opinions expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. The ability of Iraq’s embattled Prime Minister, Nuri al-Maliki, to maintain power in Baghdad is increasingly linked to the support he receives from Iran. Al-Maliki and his inner circle are notoriously tied […]
By John Lee. At Iraq Business News we are committed to bringing you up-to-date information to help your business in Iraq. With that in mind, our revised Tenders Service has listed 26 new opportunities this week alone, covering such products and services as industrial valves, pharmaceuticals, dental supplies, construction equipment, and consultancy services. With the […]
By John Lee. Iraq's crude oil production has risen to the highest level since 1979, according to a report from Bloomberg. Citing Oil Ministry sources, the news agency says output has hit 3.328 million barrels a day (bpd), of which 2.484 million bpd are exported from Basra. In June Iraq's oil production overtook that of […]
By John Lee. Iraq has announced a shortlist of two companies to build a breakwater for the $6 billion first phase of its Grand Fao port development. The director general of the State Company for Iraqi Ports, Omran Radhi (pictured), told Bloomberg that the Archirodon Construction Company submitted the lowest bid of 204 billion dinars […]
By John Lee. According to a statement on Wednesday from the office of Deputy Prime Minister for Energy, Hussain al-Shahristani, Shell has denied starting talks on possible energy deals with Iraqi Kurdistan. "We don't have any discussions with the Kurdish regional government about working in the region," Shell's vice-president Hans Nijkamp is reported to have […]
By John Lee. UNESCO's Iraq Office and the Governorate of Ninewa signed an agreement to start a project under which UNESCO will carry out a complete set of studies to protect one of the region's historical icons: Al Hadba Minaret. After several meetings and an expert mission, UNESCO Iraq Director Mohamed Djelid met on Friday, […]
By John Lee. Iraq's cabinet has approved three oil and gas contracts awarded to foreign firms in the 4th round energy auction in May. Government spokesman Ali al-Dabbagh (pictured) said cabinet approved an initial gas exploration contract with Pakistan Petroleum for gas Block 8, another deal led by Russia's Lukoil along with Inpex of Japan […]
By John Lee. Petrel Resources, the AIM-listed, Irish hydrocarbon exploration company with activities in Iraq, Ghana and Offshore Ireland, today announced its interim results for the six months ending 30 June 2012: Operational Highlights: New management team appointed in Iraq. They have clarified Petrel's relationship with the authorities and are pursuing existing and new opportunities. […]
The Special Representative of the Secretary General (SRSG) for Iraq, Mr. Martin Kobler (pictured), welcomed the official appointment of eight members of the Board of Commissioners of the Independent High Electoral Commission (IHEC). “I welcome this appointment. It now paves the way for the conduct of governorate council elections in early 2013,” Mr. Kobler said. […]
On September 25, the U.S. Government, through the United States Agency for International Development (USAID), signed a memorandum of understanding (MOU) with the Kurdish Regional Government's (KRG) of Iraq Ministries of Health and Planning supporting the KRG's efforts to improve primary health care, as called for under the U.S. - Iraq Strategic Framework Agreement. The […]
By Gary Sandiford, Olive Group’s Dubai based assessments manager. Olive Group is a leading provider of security and technology solutions and has operated continuously in Iraq since 2003. Overview Olive Groups Iraq statistics are drawn from multiple sources, including media reporting and direct liaison with in country assets. Included within the statistics are a […]
Prime Minister Nechirvan Barzani today hosted a groundbreaking ceremony for a new international airport in Duhok. Duhok International Airport will be the third airport in the Kurdistan Region. After its completion in 2015, travellers will have direct international access to each of the Region’s three provinces. Speaking at the event, the Prime Minister highlighted the […]
