The state-owned Iraqi Oil Tankers Company (IOTC) has announced a tender for the purchase of two tankers; a" handy size" 20,000-25,000 DWT and VLCC tanker of 180,000-240,000 DWT: (Source: Ministry of Oil)
Iraq Tender for New Tankers
Archive | 2017
Jordan, Iraq seal Economic Protocols
Jordan and Iraq have signed minutes of a Jordanian-Iraqi joint committee meetings which entails boosting trade exchange and speeding up construction of the oil pipeline between the two countries. The protocols also encompassed encouraging Iraqi investors in Jordan and opening the border post of Turabil, the main crossing point between Jordan and Iraq, and identifying […]
Ministry of Oil working to Reestablish National Oil Company
By John Lee. Iraqi oil minister Jabar Ali al-Luaibi [Allibi] has confirmed that the Ministry of Oil is working to reestablish the Iraqi National Oil Company (INOC), following ratification by the cabinet of the draft resolution to reestablish the company. The original INOC was founded in the 1960s, but was incorporated into the Ministry of […]
Iraq Ranks 117th in World Happiness Ranking
By John Lee. Iraq has ranked 117th out of 155 countries in the latest World Happiness Report. The report, produced by the Sustainable Development Solutions Network (SDSN), contains analysis from leading experts in the fields of economics, neuroscience, national statistics, and describes how measurements of subjective well-being can be used effectively to assess national progress. […]
Video: The Human Cost of the Battle for Mosul
From France 24. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. It's been one month since the Iraqi government launched its operation to retake western Mosul from the Islamic State group. The government says more than 180,000 people have fled the fighting in the […]
Investment Opportunity in Iraq's Industrial Sector
The Iraqi Cement Company in coordination with the National Investment Commission (NIC) are pleased to announce the investment opportunities for : Fallujah White Cement Plant Babil Cement Plant The Lime Plant in the Holy City of Karbala We invite specialized Iraqi, Arab and International companies, investors and financers to participate in these investment opportunities to […]
Tags: Babil, Babil Cement Plant, cement, Falluja, fallujah, Fallujah White Cement Plant, featured, Iraqi Cement Company, Karbala, Karbala lime plant, Kerbala, National Investment Commission (NIC), tenders
UK MP: "Huge Potential for Growth in Iraq"
Ms Tasmina Ahmed Sheikh MP, Trade and Investment spokesperson for SNP, gives Keynote Speech to members at Council Meeting Dinner of the Iraq Britain Business Council (IBBC): “Huge potential for growth in Iraq”: Thank you very much for that warm welcome, and the invitation to speak to you all this evening. If it wasn’t already […]
Tags: featured, Iraq Britain Business Council (IBBC), Royal Bank of Scotland, Scotland, United Kingdom, Women
New Internet Service for Iraqi Oil & Gas Companies
Global satcom specialist Marlink, based in France, UK-based service integrator Defaultroute and Iraqi Internet service provider Abr Al Manara have announed that they have joined forces to deliver a groundbreaking hybrid digital connectivity service resulting in a multi-million US dollar contract for a major Iraqi oil and gas company. Overcoming the challenges of poor terrestrial […]
Tags: Abr Al Manara, Defaultroute, DJ, featured, France, Internet, Marlink, Satellite, United Kingdom
Geologists educate Mosul Dam Engineers on GIS modeling
Five engineers from the Ministry of Water Resources at the Mosul Dam project in Iraq and one engineer from Trevi S.p.A., the construction company working on the project, recently completed three weeks of training with a U. S. Army Corps of Engineers (USACE) Data Management Reach Back Team. They learned about a Nashville District developed […]
Tags: featured, Italy, Mosul, Mosul Dam, Trevi Group, U.S. Army Corps of Engineers, United States, USACE
Military Strikes Continue Against ISIS in Syria, Iraq
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, 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 military forces conducted 23 strikes consisting of […]
Tags: caliphate, Daesh, featured, ISIL, ISIS, Islamic State, Mosul, Operation Inherent Resolve, Syria, terrorism, United States
Towards Sound Oil Plans, Policy and Governance
By Tariq Shafiq and Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A Position Statement: Towards Sound Oil Plans, Policy and Governance Through our constant follow-up of the development in the petroleum sector and particularly the activities, statements and information from/ […]
Corruption Blamed for Imports of Bad Food and Medicine
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. Probe blames corruption for imports of bad food, medicine in Iraq Iraq's parliament is investigating allegations that corruption and fraud at border crossings involving "influential entities" have led to […]