By John Lee. On Monday, March 17, the U.S. Charge d’Affaires, John Desrocher (pictured), joined the Chairman of the Iraqi National Investment Commission, Dr. Sami Al Araji, to open a two-day series of “Developing Franchise Opportunities in Iraq” meetings in Baghdad. The meetings offered 10 U.S. based franchisors, including Froots, Dr. G's, Dental Fix, Radio […]
Anam Technologies, a Irish mobile messaging software solutions provider for mobile operators, has announced that they have been selected by Asiacell to provide its SMS Firewall service ANTISpam. The service was selected by Asiacell to enhance the operator’s ability to detect and block spam traffic from entering its network and protect its customers from receiving […]
By John Lee. Pumping along the Kirkuk-Ceyhan pipeline has reportedly been halted since the beginning of March due to sabotage, and it is unclear when exports can re-start. Oil volume through the pipeline dropped almost a quarter in January (compared to January 2013), having already fallen by 37 percent in 2013 compared to 2012, according […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. When well-known feminist activist Mona Eltahawy put forth her theory that women are hated and detested in the Middle East, she faced objections from both men and women in various Arab countries. Yet, when […]
UNPO’s UPR Reports Denounce Human Rights Situation in Iraq and Iran On the occasion of the 20th Session of the United Nations Universal Periodic Review, UNPO has submitted two reports denouncing the human rights situation in the Republic of Iraq and the Islamic Republic of Iran. Despite their international responsibilities, these States have failed to […]
By Mark DeWeaver. ISX observers sometimes blame share price declines on people selling their recently listed bonus or rights issue shares. Such behavior would be interesting to document because it seems to imply a departure from perfect rationality. From the point of view of conventional finance theory, there just isn’t any reason to differentiate between […]
By Constellis Consulting www.constellis-consulting.com Amid continued violence in Iraq’s central and northern governorates, the proximity of the parliamentary elections triggered a series of political manoeuvres aimed at mobilising the country’s disaffected electorate. In a bid to undermine Prime Minister Nouri Al-Maliki, Parliament Speaker Osama Al-Nujaifi re-oriented political debates towards the Anbar crisis, criticising the lack of government […]
By John Lee. Foster Wheeler Kentz Energy Services DMCC, the Dubai-based joint venture company of Foster Wheeler and Kentz, announced today that it has been awarded framework contracts by Shell Iraq Petroleum Development B.V. ("Shell"), for the provision of engineering, procurement and related services for the Majnoon Oil Field Commercial Production Project in Iraq. Shell […]
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi government held a conference on combating international terrorism on March 12-13 in Baghdad, in which it suspended its official work on the opening day of the conference. Although the official reason for the […]
By John Lee. Direct flights between Kuwait and Iraq have resumed after 2 decades, Mawtani reports. After initially starting at 2 flights a week, the eventual aim is to have daily flights, according to Iraqi Airways company director Capt. Saad al-Khafajy. Al-Khafajy was optimistic about flying more passengers between the two countries on Iraq's national carrier, noting […]
The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford. It is reproduced here with the author’s permission. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In a significant move, the Iraqi parliament has completed the first passage […]
By John Lee. DNO International has announced that two new high rate horizontal wells are now pumping oil at the Tawke filed in the Kurdish region. The combined rate of production of both wells is 37,000 bpd. By the year's end DNO expect to have 9 wells operational in the field, which they hold a […]
