By John Lee. Iraqi Oil Minister Adel Abdul-Mahdi [Adil Abd al-Mahdi] met this week with the Australian Ambassador, Lyndall Sachs, to discuss the strengthen of relations relations between the two countries, particularly in the oil sector. The Minister pointed out that "Australia is one of the countries that has good relations with Iraq, and we […]
By John Lee. Reuters reports that Iraq’s mobile phone companies have agreed to demands from the country's Communications and Media Commission (CMC) to pay $307 million each for radio spectrum to run 3G mobile phone networks. Current 2G services are supplied by Zain Iraq (a unit of Kuwait’s Zain), Asiacell (a subsidiary of Ooredoo) and Orange […]
By Madeleine White, capacity building specialist and Editor-in-Chief of nina-iraq.com This article was original published by Nina Magazine, (www.nina-iraq.com) and is republished here with their permission. Iraq’s First Female Goodwill Ambassador: Making my Voice reach the Farthest Corners of the Earth Me’aad Hussein Sahar addresses women through “Nina” in this interview with Sana Bekki, telling […]
By John Lee. A drop in cement volumes in Iraq has reduced Lafarge's third-quarter turnover by €24 million. In its results statement, the company said its ability to transport cement across the country was limited. Excluding the volume impact due to the specific situation in Iraq, cement volumes increased 3% at 'constant scope' in the […]
The United Nations is calling for US$173.1 million to address the immediate needs of 1.26 million people across Iraq in need of assistance over winter. “More resources are urgently needed,” Jacqueline Badcock, the UN Humanitarian Coordinator in Iraq, said. “Winter is here and in many parts of the country displaced populations are already being hit […]
The British Prime Minister’s Special Representative on Preventing Sexual Violence in Conflict, William Hague (pictured), met Gordon Campbell, the Canadian High Commissioner to the UK, to discuss the use of sexual violence by ISIL in Iraq. Recent reports from the United Nations and human rights NGOs point to the systematic use of sexual violence by […]
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. On Oct. 18, a delegation from the local government in Anbar province went to the Shiite province of Najaf to visit cleric Muqtada al-Sadr, under a media blackout. The Shiite cleric did […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks took part in its currency auction on Thursday. A total of $175,643,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By Padraig O'Hannelly. Yesterday in London, the Iraq Britain Business Council (IBBC) held its annual conference, this year under the banner: "Iraq -- Accentuating the Positive". And in contrast to the prevailing media depiction of Iraq, the tone was indeed very positive, with a full house of senior executives, diplomats and public officials sharing their […]
By Robert Tollast. “How is electricity?”, I asked. “Excellent” replied Marwan, a young student of Physics at the University of Dhi Qar. Marwan (not his real name) is studying wireless transmission, and one of his lecturers is currently in Leicester studying with a British Council initiative to bolster the academic capacity of Iraqi universities. Will […]
By John Lee. International oil companies (IOCs) in southern Iraq are seeking to push ahead with their own water injection facilities to meet production targets, according to a report from Platts. Malaysia's Petronas, operator of the Gharraf [Garraf] oil field, is the latest to ask the Ministry of Oil for permission to build a standalone […]
The successful completion of the project “Enhancing investments to Iraq through industrial zone development”, implemented by the United Nations Industrial Development Organization (UNIDO), was marked at an event in Amman today. Funded by the Government of Italy, the project assisted the Government of Iraq in developing industrial zones that provide a favourable business environment for […]
