Iraq's Oil Ministry has approved a preliminary agreement with Vancouver-based Pacific Future Energy to build a refinery in Nassiriya. Pacific is likely to work on the project in tandem with SNC-Lavalin, a Montreal-based engineering and construction firm that has a partnership with Pacific dating back to 2015, and longstanding ties in Iraq. More details here […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Doctors in the southern Iraqi city of Basra are worried that diseases like cholera and diarrhoea might spread through the city's unuseable water supply. Basra's canals are blocked by piles of rubbish and […]
During a special session in Baghdad, Iraq’s parliament approved candidates nominated by Prime Minister Adil Abd Al-Mahdi for membership of the Iraq’s new Cabinet. Prime Minister Adil Abd Al-Mahdi outlined to parliament the key priorities of the new Iraqi government which include the delivery of good public services, protecting Iraq’s national security and fighting extremism, […]
By John Lee. The Central Bank of Iraq (CBI) has announced that the county has foreign reserves exceding 60 billion dollars. In a statement on Wednesday, the bank said the reserves are "a result of the fiscal and monetary policies adopted by the Central Bank over the past years to stabilize the general financial situation, […]
UNFPA Representative Focuses on Women and Youth in Meetings with Iraqi Officials Dr Oluremi Sogunro, UNFPA Representative to Iraq, held high level meetings with Mr Mohammed Al-Halbousi, Speaker of the House, Dr Mahdi Al-Allak, Secretary-General of the Prime Minister’s office, and Dhiaa Khadum, Head of the Central Statistical Organization, respectively. With Mr Al-Halbousi, Dr Sogunro discussed the cooperation between the Parliament and UNFPA in regards to the […]
Iraq is committed in its efforts to achieve climate security. Mitigation efforts, employing local and international resources, that ensure food and water security are met and are a priority for the government due to them being major effects of climate change. This was stated at the stakeholders consultation on Iraq’s nationally determined contributions to the […]
TGS USA, of McLean, Virginia, USA (Toyota Gibraltar Stockholdings Ltd) has been awarded a $39,543,009 firm-fixed-price Foreign Military Sales (Iraq) contract for Toyota Land Cruisers and spare parts. Bids were solicited via the internet with three received. Work locations and funding will be determined with each order, with an estimated completion date of Oct. 16, […]
By Sara al-Qaher for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. India, Iran or Turkey: Iraqi Students look Abroad for Post-Grad Studies There are no easy options for Iraqi graduates who want to continue their education with post-graduate studies. If they have […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. There are at least a million widows in Iraq, following decades of conflict and war and many are struggling to make ends meet. But a new government proposal designed to assist them is […]
By John Lee. Iraq's Ministry of Oil has postponed a decision to transfer ownership of nine state-owned oil companies from the Ministry to the newly-formed Iraqi National Oil Company (INOC). The original decision was announced on Thursday, but it has now been held following complaints that the decision should be made by the incoming goverment […]
By John Lee. ExxonMobil Iraq Limited has awarded Schlumberger a 42-month IDS contract for 30 wells in the West Qurna Field. The contract includes the provision of drilling rigs and multiple technologies and services, and the first well was spud in July. The announcement was made in the company's Third-Quarter 2018 Results on Friday. (Source: […]
The presence of explosive hazards, including improvised explosive devices in areas liberated from the Islamic State in Iraq and the Levant (ISIL), will continue to impede security and stability efforts as well as development initiatives until these are cleared and rendered safe. A delegation from DFID was recently hosted by UNMAS in Mosul and had […]
