By John Lee. His Excellency Prime Minister Nouri Kamil Al-Maliki met in his office, the Secretary-General of the United Nations, Mr. Ban Ki-moon. During the meeting, the Prime Minister praised the role of the United Nations, for supporting Iraq in various conditions and on the cooperation between the two sides. He also praised the efforts […]
By John Lee. Swiss luxury watchmaker TAG Heuer plans to open its first store in Iraq by either 2013 or 2014, company President and CEO Jean-Christophe Babin told Gulf News in an interview. Gulf News: You have opened a boutique in Iran and planning one for Iraq and Kurdistan. How much growth do you expect […]
By John Lee. The Iraqi Government and Lufthansa Consulting continue their successful collaboration to establish international standards for the country’s future aviation development: During the recent Iraqi-German Business Forum in Berlin, the Governor of the Nineveh Governorate, H.E. Athil Abdulazeez Al Najafi, and Lufthansa Consulting signed a Memorandum of Understanding regarding the development of Mosul […]
By John Lee. Iraqi Airways has taken delivery of its first Airbus A330-200, the first Airbus widebody aircraft to be operated by the airline, which already has two A321 aircraft. Accommodating a two-class configuration of 24 business and 264 economy seats, the aircraft is powered by GE CF6-80 engines and will be deployed on European […]
According to a report from NINA, Iraq's Minister of Oil, Abdul Kareem Luaibi [Elaibi], has announced that since Tuesday 4th December crude oil has been pumped through the "Strategic Pipeline", which runs North-South through Iraq. Iraq Business News has been unable to verify the report, which also did not specify the direction in which the […]
The Anbar provincial council has announced a new project to cultivate desert of the western region. Hasssan al-Mulla, chairman of the council's investment committee, told Aswat al-Iraq news agency: "The provincial council signed a memorandum of understanding with a UAE company, which includes a group of foreign companies, including a British one, to cultivate the […]
The State Compamy for Oil Projects (SCOP), part of the Ministry of Oil, has reportedly completed construction of 18 storage tanks at the Najaf refinery, with a total capacity of 51 million liters. The Media director of Najaf refinery, Ahmed Razg, told AIN: "The cost of the project was IQD 21 billion [$18 million], bringing […]
Prime Minister Nouri Al-Maliki received a Kuwaiti media delegation at his office on Wednesday. During the meeting, the Prime Minister emphasized that resolving the problems between Iraqi Airways with Kuwait is a positive gesture which could lead to greater cooperation and improved relations between the countries. The Prime Minister said Iraq continues to work to […]
Having racked up more than three million pageviews over the past year, and with more than 12,000 subscribers to our weekly free newsletter, we have decided to bolster our marketing and business development team at Iraq Business News. To that end, we are delighted to be joined by: David Jeffries, CEO of Only Media Ltd, […]
By John Lee. KBR has announced that it has been awarded the Mansuriya Full Field Development contract to perform front end engineering and design (FEED) studies and Quality Control Support Services (QCSS) for the Turkish Petroleum Overseas Company (TPOC), a wholly owned subsidiary of Turkish Petroleum Corporation (TPAO), in Diyala Province. The Mansuriya project is […]
By John Lee. The U.S. Federal Aviation Administration (FAA) is lifting its 16-year-old ban on commercial flights by U.S. carriers to two airports in Kurdish northern Iraq, citing increased stability in the region. Civilian flights were halted in 1996 for safety reasons, the FAA said in a notice to be published in the Federal Register […]
By John Lee. A joint venture between the Indian companies Shriram EPC Limited (SEPC) and the Mokul Group has bagged an order worth $230 million for the supply and laying of basic sanitary systems in Basra. Shriram EPC, which is part of Shriram Group, is an integrated design, engineering, procurement, construction and project management services […]
