Archive | 2014

Iraq may Resume Imports of Brazilian Beef

By John Lee. ANBA reports that a delegation of Iraqi government officials will visit Brazil from June 2nd to 12th to assess the sanitary conditions of Brazilian livestock and consider lifting the embargo on beef imports in place since 2012. They will see the beef shipping system at the Santos Port, pay visits to a […]

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DHL Iraq "Best Employer in the Region"

By John Lee. Logistics company DHL Iraq has won the title of best employer organisation in the region, according to a study by human resources consulting firm Aon Hewitt. GulfNews reports that DHL Iraq performed well in terms of employee engagement, leadership effectiveness, branding, business performance, talent management effectiveness and diversity and inclusion. The study […]

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Almasa, Technocare Partner for Iraq

By John Lee. Almasa IT Distristribution and Technocare have partnered to offer what they describe as "a leading edge customer care and reverse logistics solution in Iraq". The alliance, which will be offered through Almasa Care, the services business division of Almasa IT Distribution, will bring together Technocare's robust customer care and after market platform […]

North Bank "in Good Position for Growth"

From Marcopolis. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq's North Bank -- the largest bank in Iraq (Private) -- believes in active involvement in the market, and statics show the bank as the largest in the Republic in giving loans and three times […]

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UNDP Inaugurates Basra Sub-Office

The Special Representative of the United Nations Secretary-General (SRSG) for Iraq, Mr. Nickolay Mladenov (pictured), officially inaugurated UNDP’s sub-office for southern Iraq in Basra. Held at the premises of the sub-office, the inauguration ceremony was attended by local officials and civil society leaders, including the Chief Justice of the Basra Appellate Court, the Head of […]

Will Iraqi Elections be Decided in Iraq?

By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqis have long repeatedly said that political decisions are taken outside the country, and that regional and international agreements specify the trajectory of new governments. As soon as the results of last […]

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Non-Aligned Movement Adopts Iraq Resolutions

The 17th Ministerial Conference of the Non-Aligned Movement adopted 2 positive resolutions on Iraq in the final document of the conference. The conference welcomed Iraq's initiative of hosting the International Conference to Combat Terrorism in Baghdad, March 12-13, 2014, in order to promote and strengthen international cooperation in the fight against terrorism. The Ministers also […]

PM Barzani on KRG Oil Exports

The Prime Minister yesterday addressed the Kurdistan Parliament at length regarding the Region's financial situation, disputes with Baghdad, natural resources, and other matters. An excerpt of his address is below: “The Kurdistan Region’s policy from the beginning has been based upon solving outstanding issues with Baghdad. We want to find a solution and reach an […]

Opportunities in Islamic Finance Sector

Dubai Chamber of Commerce and Industry has urged Iraqi banks and financial companies to expand their networks within the Islamic economy through Dubai which is working hard towards becoming the capital of Islamic Economy in the World during a roundtable discussion on “Islamic Finance” held in Divan Hotel, Erbil, Kurdistan. The meeting, which identified the […]

Petroceltic Updates Operation, Shares Fall

By John Lee. Petroceltic International has issued an update on its operations including the following statement on its business in the Kurdistan Region of Iraq. The shares closed down 5.6 percent on Friday: The Shakrok-1 well on the Shakrok licence (Petroceltic 16%, Hess (Operator) 64% and the Kurdistan Regional Government 20%) reached its total depth […]

Post-Election Attacks Kill Dozens

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A post-election wave of attacks across Iraq, including car bombings in Baghdad and a northern city, killed at least 74 people: