Archive | 2017

Iraq Duty Free wins Ten-Year Contract Extension

By John Lee. Iraq Duty Free has reportedly had its exclusive duty free contract at Baghdad and Basra airports extended by ten years to 4th March 2029. According to The Moodie Davitt Report, the contract was awarded by the Iraqi Civil Aviation Authority (ICAA) and Ministry of Transport to Iraq Duty Free’s parent company Financial […]

Levarht enters Iraq Fruit & Veg Market

By John Lee. Netherlands-based fruit and vegetable grower Levarht has sent its first air-freight shipment to Iraq, which arrived at Erbil airport. The company said it expects to make weekly shipments of high-quality fruit and vegetables, including soft fruit, tomatoes, bell peppers, herbs, lettuce and potatoes. A spokesperson said that because of the unrest in […]

Anbar Creates New Districts - But for Better or Worse?

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. Over the past few months the council in the central Iraqi province of Anbar have managed to create a number of new districts and sub-districts. The last meeting making such […]

Japan agrees $240m Loan to Iraqi Electricity Sector

By John Lee. Reuters reports that Japan has agreed to lend Iraq up to 27.2 billion yen ($240 million) to rebuild damaged electricity infrastructure, especially in areas recaptured from the Islamic State group (IS, ISIS, ISIL, Daesh). It also intends to approve another loan worth 21.5 billion yen to repair a thermal power station in […]

Oryx Petroleum to drill third Well at Zey Gawra

Oryx Petroleum has given an update on its operations in Iraqi Kurdistan. In December 2016, the Zey Gawra-1 well was side-tracked (referred to in this press release as the “Zey Gawra-1ST well”) and completed in open hole partially penetrating the Cretaceous reservoir in the Zey Gawra field. Production from the naturally flowing well is currently […]

Range Energy Borrows $1m from Insiders

By John Lee. Canada-based Range Energy Resources has announced that it has received loans totalling CDN$1,315,512 (USD 1 million) from non-arm’s length parties to continue to fulfill its obligations to joint venture participants so that the development of the Khalakan Block in the Kurdistan Region of Iraq can continue as well as provide general working […]

EU Planes Deliver 266 tonnes of Relief Assistance

The European Commission is currently working alongside EU Member States to facilitate emergency aid deliveries in Iraq, to help people affected by the crisis in Mosul. Three additional planes carrying emergency assistance from Austria and France have now touched ground in Iraq, bringing the total number of flights facilitated and co-financed by the Commission to […]

Iraqis Liberate 70-80 Percent of East Mosul

Iraqi fighters, supported by the U.S.-led coalition formed to defeat the Islamic State of Iraq and the Levant, have retaken 70 to 80 percent of eastern Mosul from the terrorists, Task Force Strike Commander Army Col. Brett Sylvia said here today. Sylvia is commander of the 2nd Brigade Combat Team, 101st Airborne Division, Task Force […]

Military Strikes Target ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria on Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and […]

21 New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Heavy Vehicle Operator, United Nations Assistance Mission for Iraq (UNAMI) Programme Associate, United Nations Assistance Mission for Iraq (UNAMI) Driver & Logistics Clerk, United Nations Assistance Mission for Iraq (UNAMI) National Emergency Preparedness and Response Officer, United Nations Assistance Mission for Iraq (UNAMI) […]

22 New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Protection Assistant, Danish Refugee Council (DRC) Consultancy for Project Evaluation, Danish Refugee Council (DRC) Short-term Consultancy GBV Advanced Care (Psychosocial Support and Staff Well-Being), Norwegian Refugee Council (NRC) Call Centre Operator, United Nations Office for Project Services (UNOPS) Psychologist - Mental Health […]

IS’ “Most Wanted” Woman Awarded Lantos Prize

The Lantos Foundation for Human Rights and Justice has announced that its highest honor, the Lantos Human Rights Prize, will be awarded to Iraqi parliamentarian and ISIS’ “most wanted” woman, Vian Dakhil, at an award ceremony in Washington, D.C. on February 8, 2017 at the U.S. Capitol. Dakhil will be given the 2016 award for her […]