By John Lee. China's Anton Oilfield Services Group (Antonoil) has announced that it has won a bid for what it describes as "the provision of three well's workover and other services in middle Iraq". As the chief contractor for the project operated by an international oil company, Anton is commissioned to provide a series of […]
By John Lee. The Acting Governor of the Central Bank of Iraq (CBI), Ali Al-Allaq, has told TR Zawya that foreign reserves currently stand at $68 billion, while the dinar monetary supply is IQD 40 trillion. "At the daily auction of the central bank, we sell about USD 150 million," he said, "which is more than the USD […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the latest strikes, which took place between 8 a.m. Sunday and 8 a.m. Monday, local time, noting that assessments of results […]
By John Lee. Reuters reports that the lowest offer in Iraq's tender to buy at least 30,000 tonnes of rice was $431.50 a tonne c&f free out for rice from India. No purchase was believed to have been made in the tender which closed on 28th June with offers having to remain valid until 2nd […]
Kurdistan Region Prime Minister, Nechirvan Barzani, yesterday received a United States congressional delegation, led by Congressman Rob Wittman. In the meeting, which was also attended by Kurdistan Region Deputy Prime Minister, Qubad Talabani, Mr. Wittman commended the Kurdistan Region Peshmerga Forces for having been able to repulse the attacks of the Islamic State terrorist organisation, […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 25 banks and 6 remittance companies took part in its currency auction on Tuesday. A total of $245,738,928 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By Ahmed Mousa Jiyad. Oil Export Revenue Distribution Issues in Iraq This is part two of a research work commissioned by the Natural Resource Governance Institute-NRGI (USA) as part of the preparation for NRGI’s strategic plan for interlinked and complementary interventions in Iraq during the upcoming three years. The Executive Summary of the study was […]
By John Lee. Gulf Keystone Petroleum (GKP), the operator of the Shaikan field in the Kurdistan Region of Iraq, confirmed on Monday that it continues to produce in excess of 40,000 barrels of oil per day following the successful completion of 'de-bottlenecking' (sic) operations at PF-1. According to a statement this morning, as a result of the continuing […]
By Lemya Ayub. This is an extract from an article originally published by Nina Iraq, and is reproduced here with permission. Melad Hamed – The Cutting Edge Fashion Designer with a Heart of Gold Melad Hamed, is well-known in Iraq and across the Arab world as the cutting edge fashion designer with a heart of […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th June 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,444 (+1.1%) / $1,475 (+3.5%) (weekly change) (+3.6% and -0.4% YTD change, respectively). The number of week traded […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the latest strikes, which took place between 8 a.m. Saturday and 8 a.m. Sunday, local time, noting that assessments of results […]
Austria’s Minister for Foreign Affairs, Sebastian Kurz, received Head of the Kurdistan Regional Government, KRG, Department of Foreign Relations, Minister Falah Mustafa and his accompanying delegation on Friday. During the meeting, which was attended by KRG Representative to Austria, Both sides spoke in detail of the latest military developments in the fight against ISIS, the […]
