Archive | 2013

Kent State to Host Iraq, Libya Programs

Kent State University will host scholars from Iraq and Libya for 10 weeks this summer as part of the Fulbright Visiting Scholar Program. The prestigious program is sponsored by the Council for International Exchange of Scholars and supported by the U.S. Department of State’s Educational and Cultural Affairs Bureau. This is the second year that […]

ABB Wins Iraqi Smart Grid Contract

ABB, the global power and automation technology group, has won an order from LS Industrial Systems (LSIS) to deliver a utility communications solution that will serve seven electricity distribution control centers in Iraq. The project is part of a larger infrastructure improvement initiative currently being carried out by the Ministry of Electricity in Iraq, aimed […]

Provinces to Manage More of Own Oil Wealth?

By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. An Iraqi researcher has advised the councils of oil- and gas-producing provinces to take advantage of a loophole in the new amendment to the provincial law recently passed by the Iraqi […]

Min. Falah Mustafa receives new US Consul

The new US Consul General in the Kurdistan Region, Mr. Joseph Pennington, met with Minister Falah Mustafa yesterday as part of his introductory meetings. He was accompanied by the outgoing Consul General, Mr. Paul Sutphin, and the Head of Political/Economic Section at the US Consulate General in Erbil, Mr. Stephen Gee. During their meeting, the […]

Ex-Glencore, Sino-Forest Director to Chair GKP

Gulf Keystone Petroleum has announced the appointment of Simon Murray C.B.E., aged 73, to the Board of Gulf Keystone as Independent Non-Executive Chairman and Senior Independent Director of the Company. Mr Murray will also be appointed Chairman of the Company's Remuneration Committee at its next meeting. This appointment represents a significant step forward for the […]

Qatari Firm Wins $65m Housing Contract

By John Lee. The Muthanna Investment Commission has announced that a Qatari company has been contracted to build a housing project in central Samawa. Doha Investment Company won the contract for the $65 million housing complex, which will include 480 housing units, a school, a health centre and various other services, reports al-Shorfa. Some will […]

FIFA Bans Iraq from Hosting Friendlies

By John Lee. FIFA (Fédération Internationale de Football Association) has again barred Iraq from hosting international football friendlies because of the upsurge in violence in the country. Fox News reports that the move comes just three months after the governing body of world football (soccer) gave Baghdad the go-ahead. A spokesman for the Iraqi Football […]

Drug Use Spreads Among Iraqi Youth

By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The negative effects of illegal drugs in Iraq are becoming more apparent. Iraq is being transformed from a country that exports drugs to the Arabian Gulf into a consumer of them. […]

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Weekly Security Update 26 June - 04 July 2013

  By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW  This week saw no huge changes in the security situation other than a marginal increase in the number of high impact bombings and a slight geographical shift south. We continue to see pervading levels of daily violence with significant numbers of fatalities and wounding’s. The number […]

What will Chapter VII Mean for You?

As was widely anticipated, the United Nations Security Council unanimously agreed last week to move several outstanding issues between Iraq and Kuwait from Chapter VII to Chapter VI of the UN Charter. This effective normalisation of relations between Iraq and Kuwait has been broadly welcomed, with statements from US Secretary of State John Kerry and […]