The UN Development Programme (UNDP) Country Office in Iraq has informed all potential construction firms/companies that starting 01 August 2017, all procurement processes will be conducted using the online e-tendering system, Electronic Tendering Platform. In a statement, UNDP says the initiative of e-tendering will allow it to further improve transparency and efficiency in the procurement […]
Iraqi forces now control all parts of Mosul, Iraq, while tough fighting against the Islamic State of Iraq and Syria continues in Raqqa, Syria, Pentagon spokesman Navy Capt. Jeff Davis told reporters here today. Since the height of ISIS's power in 2014, the coalition has retaken more than 70 percent of formerly ISIS-controlled territory in […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 27 strikes consisting of 29 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 […]
By John Lee. The largest container vessel to call at an Iraqi port has been unloaded at Gulftainer’s Iraq Container Terminal (ICT) earlier this month. According to TradeArabia, the YM Wealth, owned by Taiwan-based Yang Ming Marine Transport Corporation, discharged and loaded over 2,500 containers. The shipping line shows the 68,616-ton vessel as having been […]
Ranking diplomats from Iran and Iraq held two meetings of a joint political committee on Sunday to explore avenues for the expansion of ties between Tehran and Baghdad, particularly in the economic field. Iranian Deputy Foreign Minister for Arab and African Affairs Hossein Jaberi Ansari and Iraq’s Deputy Foreign Minister Nazar Khairallah co-chaired two separate […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Saturday, conducting 17 strikes consisting of 29 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, […]
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 […]
On 19 July, the army chiefs of both Jordan and Iraq discussed the mechanism for the reopening of the Trebil border crossing between Jordan and Iraq for international trade. The statement was made at a joint press conference in Baghdad following a meeting between Jordanian Lt General Mahmoud Abdul Halim Freihat and Iraqi Gen Othman […]
Russia will supply a large batch of tanks to Iraq this year, according to the Russian TASS news agency in a report on July 20. The report cited Vladimir Kozhin, the Russian president's aide for military technical cooperation as stating that the contract was significant and would likely be followed by ‘other deals’. The report […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Developing Border Oilields and Utilizing Associated Natural Gas: Important Projects, Dubious and Non-Transparent Contracts Information from and about the Ministry of Oil has been published and circulated extensively, in the last few […]
By John Lee. US-based Sallyport Global Holdings has been awarded a six-month service contract for a not-to-exceed amount of $133,864,963, to provide base operations support, life support and security services at Iraq's Balad Air Base. This contract is expected to be complete by Jan. 30, 2018. This award is the result of sole-source request by […]
Ratba’a Contracting Company has just joined the Iraq Britain Business Council (IBBC). Ratba’a is an Iraqi Company based in Basra and Baghdad and is owned by Haj Aboud Al Khlaidy & Sons Group. The group works to deliver projects in key sectors such as oil and gas (currently Shell, Petronas and BP are major clients), […]
