By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Al-basta (Iraqi goods displayed for sale on the sidewalk) used to be for the poor. It then became a small business, garnering modest profit. Today, these sidewalk displays generate regular daily […]
By John Lee. Azerbaijan is expected to open an embassy in Iraq by the end of the year. According to a report from Trend, the Iraqi ambassador to Azerbaijan, Heydar al-Barrak, told journalists that the process will take time, but he hopes to meet that schedule. He added that issues regarding the open of direct […]
By John Lee. Al Qasim Green University announced on Tuesday (January 21st) the signing a memorandum of collaboration with the University of Tehran in Iran, reports Alsumaria. The deal covers the exchange of expertise and research, with both universities agreeing to undertake joint projects in zoology and agriculture. A delegation from the University of Tehran […]
The Middle East Association (MEA) and British Expertise will be leading a joint trade mission to Iraqi Kurdistan, visiting Erbil and Slemani, from 22nd-27/28th February 2014. Register your interest today to confirm your place. This mission will have a particular focus on Education, Training, and Skills, Construction and Infrastructure Development. The MEA and British Expertise […]
By John Lee. Iraq exported a total of 872.3 million barrels of oil last year, giving an average of 2.39 million barrel per day, down from 2.42 million bpd in 2012, according to AFP. Revenue for the year was also down, falling from $94.02 billion in 2012 to $89.22 billion last year. OPEC said Iraqi […]
Foreign Minister Hoshyar Zebari and his accompanying delegation met European Commissioner for Development, Andris Piebalgs, on January 20, 2014, at the headquarters of the European Commission in Brussels. The two sides reviewed the development programs in Iraq, particularly the assistance provided by the EU in this area and the national development plan for the years […]
By Reidar Visser. 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. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi cabinet made big headlines today with a shock decision […]
Kurdistan Region President Masoud Barzani today [Wednesday] addressed a special meeting of the Foreign Affairs Committee in the European Union’s Parliament in Brussels. In an event attended by a large number of MEPs, in his address the President talked about the latest political and security developments in Iraq, in Kurdistan and in the wider region. […]
Logicom has announced a new strategy to enhance its coverage in Iraq. This investment is part of Logicom’s commitment to grow Cisco’s business in the Middle East. Logicom will be the only authorized Cisco distributor to cover the entire Middle East region, both through a local presence and remotely, through its partners in Iraq, Lebanon, […]
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Al-Qaeda-linked militants have strengthened their clutch on Fallujah, a city near Baghdad that was seized from the government weeks ago. The city was formerly a hot spot during the US occupation of […]
Korea's STX Heavy Industries has announced another major contract win in Iraq. The $99.5-million deal will see the company build a new gas treatment facility at the Gharraf [Garraf] oilfield. Malaysia’s state oil firm Petronas holds 45 percent of the Gharraf project, Japan Petroleum Exploration (Japex) 30 percent, and Iraq’s North Oil Company (NOC) 25 percent. […]
Abu Dhabi's Bristol Vehicle Manufacturing Division (Bristol VMD) has announced it has rolled out seven new fire-fighting and emergency response vehicles as part of a multimillion-dollar contract with Russia's Gazprom Neft. ConstructionWeekOnline reports that the new fleet of vehicles -- five oilfield fire-fighting vehicles, one rescuer and pollution-control vehicle, and a water and foam support trailer […]
