Archive | 2017

Iraq’s Legendary Fashion House Revived

By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Models dressed in clothes reminiscent of Iraq’s multicultural past walked among the imposing statues at the Iraqi Museum in an impressive show in July that celebrated the liberation of […]

New AMAR School almost Complete

Work is almost complete on AMAR's latest exciting educational project in Iraq. The state-of-the-art Secondary School in Basra is expected to begin teaching its 500+ students in October. Ten percent of that number will be orphans who will receive a fantastic education completely free of charge, thanks to AMAR's generous supporters. Please help ensure Iraq’s […]

IRC, Sesame Workshop bring Hope to Refugee Children

The International Rescue Committee (IRC) and Sesame Workshop — the nonprofit, educational organization behind Sesame Street — are working together to give millions of refugee children in Syria, Jordan, Lebanon and northern Iraq the support they need to learn, grow and thrive. The Syrian refugee crisis is the defining humanitarian issue of our time. It […]

Siemens wins Service Agreement to operate Power Plant

Germany's Siemens has expanded an existing service agreement with KAR Group in Iraq to provide comprehensive operations and maintenance (O&M) for two newly added SSC5-2000E power plant units at the Khormala plant in the Kurdistan region. The 930-megawatt (MW) natural gas-fired power plant meets nearly 30 percent of the power demand targeted by the Kurdistan […]

Iraq Reviews IOC Qualifications for New Oil Projects

By John Lee. Iraq's Petroleum Contracts & Licensing Directorate (PCLD) has announced that previously-qualified international oil companies (IOCs) which are not currently operating in Iraq, and which did not participate in earlier licensing rounds, will not be eligible to compete in the current licensing round. In an announcement (copied below), the PCLD said such companies […]

Iraq Britain Business Council welcomes Chevron

By John Lee. Chevron has become the latest member of the Iraq Britain Business Council (IBBC), joining 57 other world- and region-leading organisations that form IBBC’s membership. The company operates and has an 80 percent interest in the Sarta production-sharing contract (PSC) and the Qara Dagh PSC (pictured). The two blocks cover a combined area […]

Start-Up Hub Focus: Baghdad

By Lara Saeed, Managing Editor, Bite.Tech. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Over the course of the past year, the Iraqi startup ecosystem has been through tremendous development. Numerous startup events and boot camps have resulted in the early stages of an ecosystem. […]

Details of Latest Strikes Against ISIS

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 30 strikes consisting of 66 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition […]

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

Launch of Iraq’s First Tech Startup Coworking Space

By Hal Miran, Editor-in-Chief, Bite.Tech. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. TechHub has officially been launched, making the first tech startup coworking space in Iraq a reality. We have housed nine members so far, as well as numerous expert-led entrepreneurial workshops and events, […]