Archive | 2014

Weekly Security Update 20 - 26 May 2014

By Constellis Consulting www.constellis-consulting.com Following preliminary electoral results confirming current Prime Minister Nouri Al-Maliki as the frontrunner, allegations of fraud multiplied over the reporting period, putting in jeopardy the process of quickly forming a government. On 22 May, former Prime Minister and leader of the Iraqiyya coalition Iyad Allawi publicly questioned the fairness of the elections, formulating […]

Iraqi Air Force to Buy Pakistani Aircraft

By John Lee. A contract has been signed for the export of Super Mushshak Aircraft from Pakistan Aeronautical Complex (PAC) to Iraq Air Force (IAF). The ceremony was held at the Prime Minister House, Islamabad and the Prime Minister of Pakistan, HE Mr. Muhammad Nawaz Sharif, presided the ceremony. The contract for the Super Mushshak […]

Furniture In Fashion to Supply Iraqi Govt

By John Lee. UK-based FurnitureInFashion has announced that the Iraq government has placed "a gigantic order" for office furniture for the Ministry of Education, Ministry of Health and other governmental bodies. The owner and Managing Director of FurnitureInFashion Asad Shamim (pictured) said: "With Iraq's plan to reconstruct the infrastructure, FurnitureInFashion saw a lot of possibility […]

Sri Lanka Trade Session, May 27

Sri Lanka's National Chamber of Commerce will hold a session on ‘Bilateral Trade with Iraq’ on Tuesday, May 27, with the participation of Ambassador of Iraq, Kahtan Al Janabi (pictured) as special guest speaker. It will be held from 3p.m to 4.30 p.m at the Chamber Auditorium, No. 450, D. R. Wijewardene Mawatha, Colombo 10. The […]

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Kurdistan’s New Freedom of Information Law 'Toothless'

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. All Talk, No Action: Iraqi Kurdistan’s New Freedom of Information Law Toothless Iraqi Kurdistan has a new freedom of information law. Despite being lauded by all local political parties, the […]

Iraq could Take Lead in FDI

By John Lee. Growth in foreign direct investment (FDI) to Egypt, Iran, Iraq, Lebanon and Jordan should overtake the "expansion of flows" to the Gulf Cooperation Council (GCC) by 2019, according to a new report from London's Centre for Economics and Business Research (CEBR) and the ICAEW. The report focuses on the GCC member countries […]

Safar Launches New Hose Business

By John Lee. In what it describes as "a timely solution for the local oil and gas market", Safar Oilfield Services has launched its new hose business at its 2,000 square meter facility in Erbil, Iraq. Through its partnership with EATON Aeroquip, Safar provides customized hose solutions for drilling companies throughout the region. Our new […]

Iraq’s First Women-Only Council

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Ladies’ First: Iraq’s First Women-Only Council Formed in Kurdish Village A small village in Dohuk province has decided to create a women’s council. The council members say it’s a first […]

West Qurna-2 hits 200,000 bpd

By John Lee. Lukoil boss Vagit Alekperov (pictured) has told journalists that production at the West Qurna-2 oilfield has reached 200,000 bpd, from a starting volume of 120,000 bpd two months ago. He added: "By the end of the year according to obligations 400,000 will be reached. Today there is no doubt that 400,000 will […]

Jordan, Iraq to Build Refinery

By John Lee. Jordan and Iraq are in 'serious discussions' to build a refinery in the Red Sea city of Aqaba, reports Xinhua. Adnan Al Janabi, chairman of Iraq's energy parliamentary committee, said the refinery will be used to process oil from Basra. “The refinery will help facilitate the export of the oil and bring great […]

Let the Post Election Horse Trading Begin

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Let the Post Election Horse Trading Begin: Iraqi Politicians Playing the Long Game The current Prime Minister of Iraq, Nouri al-Maliki, and his bloc won the largest number of votes […]

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