By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Mental Health and Psycho-social Support Trainer, Médecins du Monde Implementing Partnership Management Officer, United Nations Children's Fund (UNICEF) Head of Office (Operations), Mercy Corps Camp Management Specialist, Norwegian Refugee Council (NRC) Country Security Adviser, Norwegian Refugee Council (NRC) ICT Assistant, Norwegian Refugee […]
The Kurdistan Regional Government (KRG) issued a statement regarding the partial ruling on the allocation of costs from the tribunal in the ongoing arbitration between the KRG and Dana Gas PJSC, Crescent Petroleum Company International Limited and Pearl Petroleum Company Limited (collectively “the Claimants”): The arbitration is subject to duties of confidentiality under the applicable […]
The Iraq Britain Business Council (IBBC) has held its first major networking event in Dubai, to accommodate the demand from its members, who operate from Dubai as a regional business hub. Vikas Handa, the IBBC UAE Representative said over the last few years UAE has emerged as the hub for companies doing business in Iraq, […]
The Ministry of Electricity has announced an investment opportunity to build a plant on a BOT basis to produce gas oil from heavy fuel oil in Al Musayab gas turbine station. Tender No. MOE- HQ11/ 2017 Tender subject : constructing a plant 3200 m³ / day of heavy fuel oil Closing date : Sunday 10.09.2017 […]
The State Company for Glass & Refractories Industry (SCG&R), part of the Ministry of Industry and Minerals (MIM), has announced an following investment opportunity to rehabilitate, operate and increase capacity for high Alumina Refractory Production Plant according to investment Iraqi law (No. 22 of 1997 article 15/ III): "SCG&R aims by participating with manufacturers and […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Wednesday, conducting 27 strikes consisting of 33 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]
By Nahwi Saeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. In a July 19 statement, Kurdistan Regional Government President Massoud Barzani said that holding a referendum is a natural right of the people of Kurdistan that they will not back […]
By John Lee. Iraq opened the books yesterday on its first independent bond sale in a decade. "Investor demand was huge," writese Marcus Ashworth at Bloomberg. "The deal was seven times oversubscribed." The $1-billion, dollar-denominated bond, maturing in March 2023, was expected yield 7 percent, but demand enabled that to be cut to 6.75 percent. […]
By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for July of 100,144,814 barrels, giving an average for the month of 3.230 million barrels per day (bpd), slightly less than the 3.273 bpd exported in June. The exports were entirely from the southern terminals, with no exports from Kirkuk via Ceyhan. Revenues for […]
Advertising Feature Key figures of the Iraqi Government and Ministries have confirmed their attendance at the annual Basra Oil, Gas & Infrastructure Conference due to take place on 30-31 October in Beirut, to highlight the current investment projects available in Basra’s multiple industries and facilitate a direct dialogue towards promoting further business in Iraq’s Economic […]
The US State Department has approved a possible Foreign Military Sale to the Republic of Iraq for Follow-On Technical Support (FOTS) for U.S. origin Navy vessels and a ship repair facility. The estimated cost is $150 million. The Defense Security Cooperation Agency (DSCA) delivered the required certification notifying Congress of this possible sale today. The […]
Kurdistan Region Prime Minister Nechirvan Barzani received Mr. Abu Magsoud Forhad, Bangladesh's Ambassador to Iraq. Ambassador Forhad discussed his government’s intention to open in Erbil an office of his country’s Iraq embassy. Discussing the situation of the Bangladeshi nationals, resident in Iraq and Kurdistan Region, he said opening of embassy’s office in Erbil will facilitate […]
