Archive | 2018

GKP Confirms Payment for January Sales

By John Lee. Gulf Keystone Petroleum (GKP) has confirmed that a gross payment of $23.1 million ($17.8 million net to GKP) has been received from the Kurdistan Regional Government (KRG) for Shaikan crude oil sales during January 2018. (Source: Gulf Keystone)

4 New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced four new investment opportunities in Iraq: Rubber industries Factory machines Guard rails for highways Aluminum/Aluminium factory (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

Will Iraq's new "Tribal Court" Undermine Rule of Law?

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Amid Iraqi calls to reinforce the rule of law and strengthen Iraqi state institutions, the Ministry of Justice announced March 28 a new initiative for “arbitration” among tribes, allowing a […]

GardaWorld Weekly Security Report

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 […]

Tikrit turns Saddam’s Palaces into Tourist Attractions

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Ghazwan Hassan al-Jibouri. The despised ex-leader of Iraq built luxurious palaces with hundreds of rooms in Tikrit, near his hometown. Now the local council wants them turned into money-making […]

Iraq's Mosul Dam Lake Shrinking

The reservoir impounded by Iraq’s Mosul Dam has shrunk 60 percent in surface area from the late 1990s to present day, according to a report from the World Resources Institute (WRI): There are several factors behind this trend, including poor water resource management by the Iraqi government and intense regional droughts. But it’s Turkey’s Southeast […]

Iraq Postpones Oil and Gas Auction

By John Lee. Iraq's Ministry of Oil has reportedly postponed its oil and gas bidding round for 11 new blocks to 25th April. Abdul Mahdi al-Ameedi, director general of the Petroleum Contracts and Licensing Directorate (PCLD), told Reuters: "The bidding process was rescheduled to be on April 25. It is just to give the companies […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Advocacy and Comms Manager, Save the Children Safety and Security Manager, Save the Children Field Coordinator, Terre des hommes (Tdh) Child Protection and Education Project Manager, Terre des hommes (Tdh) Finance Assistant, International Rescue Committee (IRC) HR Officer, International Rescue Committee (IRC) Child […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Communications Specialist, UNFPA - United Nations Population Fund IT Operations Assistant (SCOPE), UNAMI - United Nations Assistance Mission for Iraq IT Data Analyst Associate, UNAMI - United Nations Assistance Mission for Iraq Admin and Finance Coordinator, Terre des hommes (Tdh) (Source: UN) […]

5 Firms Shortlisted for Major Water-Injection Project

By John Lee. According to a report from Platts, Iraq has shortlisted five international engineering companies to bid for the first phase of the Common Seawater Supply Project (CSSP), a major water-injection project that will help the country boost long-term production from its southern oil fields. The project would take in around 5 million barrels […]

UNODC Launches Counter-Terrorism Programme

UNODC Launches New Counter-terrorism Programme in Iraq, To Open Baghdad Office Within the framework of the fruitful cooperation between Iraq and the United Nations Office on Drugs and Crime (UNODC), UNODC Terrorism Prevention Branch (TPB) officially launched today its new programme for Iraq (2018-2019) on the “Lessons learned from Iraq’s counter-terrorism efforts and response to […]