Archive | 2017

November Market Review: Tentative Recovery

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The dog days of the summer extended from October into the first 10 days of November, as the 40 day Arba’een pilgrimage came to […]

Iraq Falls Again in Prosperity Index

By John Lee. Iraq has fallen one place in this year’s Legatum Institute Prosperity Index, ranking in 142nd place out of the 149 countries measured. The index ranks countries according to its nine pillars of prosperity: Economic Quality, Business Environment, Governance, Personal Freedom, Social Capital, Safety and Security, Education, Health and Natural Environment. Despite Iraq's […]

UK to Invest $13m in Iraqi Counter-Terrorism

On 29 November 2017 the British Prime Minister became the first major foreign leader to visit Iraq since the fall of Mosul, announcing the UK’s commitment to addressing the evolving threat from Daesh and countering the dispersal of foreign fighters as Daesh is squeezed out of the battlefield in Syria and Iraq. Speaking to British […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Resident Finance and Administration Manager, National Democratic Institute (NDI) Program Manager, Relief International Security Associate, UN Office for Project Services (UNOPS) Mental Health and Psycho Social Support Consultant, International Rescue Committee (IRC) Invitation to Bid: Post Distribution Monitoring (PDM) of IOM Emergency Response […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Health Coordinator, Première Urgence Internationale (PUI) Deputy Head of Mission, Première Urgence Internationale (PUI) Finance & Human Resources Manager, Action contre la Faim - ACF International Finance Coordinator, Action contre la Faim - ACF International Proposal and Reports Writer, Save the Children […]

Gulf Keystone appoints New Non-Executive Director

Gulf Keystone Petroleum (GKP) has announced the appointment of Jacobus ("Jaap") Huijskes as a Non-Executive Director with immediate effect. Jaap Huijskes was most recently a Director at OMV, the Austrian integrated oil and gas company listed on the Vienna Stock Exchange. While at OMV, he was responsible for Exploration and Production (E&P) and oversaw the […]

Saudi Bottler to Open New Plant in Iraq

By John Lee. A Saudi-based bottling company is reported to be planning to open a new factory in Iraq next year. According to The National, Aujan Coca-Cola Beverages Company (ACCBC), a subsidiary of Aujan Group Holding, will invest up to 250 million Saudi riyals ($67 million) over the next two years, creating for more than […]

"Unprecedented Upsurge" in Iraqis seeking Second Citizenship

By John Lee. The escalating tensions between Baghdad and Erbil have triggered an unprecedented upsurge in applications from wealthy Iraqi nationals for second citizenship programs. Data collected by Savory & Partners, one of the largest companies in the Middle East that provides citizenship-by-investment programs, shows that compared to the same quarter last year, interest has […]

New Helipad at Al-Rasheed Hotel

By John Lee. Al-Burhan Airways has opened a new helipad at Al-Rasheed Hotel in Baghdad. A spokesman for the company told Iraq Business News that it's planning to use the new facility to serve the sponsors of Frontier Exchange's Iraq Banking & Investment Summit, being held on 2nd and 3rd of December, by providing a […]

Mobile Health Teams reach People in Newly Liberated Areas

For more than 3 years, the people of Hawiija [Hawijah] district in Kirkuk governorate, were cut off from lifesaving health care and immunization services, leaving many children susceptible to vaccine-preventable diseases. “For years, I worried that my children may contract polio and measles or die,” said Hadija, a 32-year-old mother of 3. In September 2017, […]

Jereh Enters Iraqi Oil Market with Integrated Solutions

Advertising Feature Basra Oil, Gas & Infrastructure is held under the high patronage of the Basra Governorate, the Basra Council and Iraq’s Basra Oil Company from October 30 to 31 in Beirut, Lebanon. Government officials, project stakeholders and buyers and suppliers attend to explore the expanding energy projects in the South of Iraq. Jereh Group made […]

#GivingTuesday: Help Iraq's Street Children

On Tuesday, the Iraqi Children Foundation (ICF) competes with other charities for a share of $75,000 in bonus funds. The more you give, the more bonus funds we earn for Iraqi orphans, street kids, and children displaced by conflict. EXTRA BONUS:  New monthly donors are eligible for  a 1-month match.  Sign up for $10, $25, $50, $100 - up […]