Archive | 2019

Production Resumes at Nassiriyah Oil Field

By John Lee. Iraq has resumed production at the Nassiriyah oil field on Monday, a day after protesters forced it to halt operations. Ministry spokesman Asim Jihad said that the roads had previously become impassable for workers to get to the field, but employees returned to work after authorities cleared away protesters. (Source: Ministry of […]

Leading Brands Iraq 2019 Award Ceremony

The first ever Leading Brands Iraq award ceremony was hosted at Rotana Hotel Erbil, Iraq. Popular brands of consumer goods in Iraq have received their awards in a ceremony attended by representatives of the Iraqi central government and the KRG, delegates of leading brands as well as academics and media. Kurdmax TV recorded the event […]

US Strikes Iran-backed Militia in Iraq

Press Briefing by Secretary of State Mike Pompeo And Secretary of Defense Mark Esper SECRETARY POMPEO: Good evening. Myself, with Secretary Esper, Chairman of the Joint Chiefs of Staff Milley, came here to Florida today to brief the President on the activities that have taken place in the Middle East over the course of the […]

Netherlands assists Vulnerable Displaced Persons in Iraq

UNHCR, the UN Refugee Agency, welcomes a new donation of USD 5.6 million from the Kingdom of the Netherlands for 2019 and 2020 to assist internally displaced persons (IDPs), returnees, and Syrian refugees in Iraq. This contribution is part of the global PROSPECTS Partnership aiming at joining partners’ efforts to develop a new paradigm in […]

Iraq EITI issues latest Annual Report

By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq Extractive Industry Transparency Initiative Issues its latest Annual Report Iraq Extractive Industry Transparency Initiative (IEITI) issued a few days ago its latest annual report, it is about 2017 and it is […]

Investment Opportunity: Housing Compounds

Iraq's National Investment Commission (NIC) in coordination with the Ministry of Migration and Dislocated are pleased to announce the investment opportunity of the construction of new housing compounds on the land lots which areas and ownership are shown in the table below: No. Province Area Ownership of land Type Type of Investment 1 Diwanyah 20 […]

Video Streaming Service to Enter Iraqi Market

By John Lee. The streaming video on demand (SVOD) service StarzPlay has reportedly entered into a partnership with Asiacell to provide streaming services to all Asiacell’s ‘Unlimited’ monthly package subscribers. Commenting on the partnership, Raghida Abou-Fadel, Vice President of Sales & Business Development at StarzPlay, is quoted as saying: “This latest partnership with Iraq’s Asiacell […]

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 […]

First Nationwide Migration Profile

Iraq, compared to neighbouring countries in the Middle East like Jordan and Lebanon, hosts the lowest number of immigrants relevant to the population. However, the country’s foreign population increased 338 per cent between 1990 and 2017, due largely to the influx of refugees from Syria. Migration in northern Iraq is largely driven by conflict, while […]

Oil Ministry Finalises Export Figures for November

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for November of 105,014,747 barrels, giving an average for the month of 3.500 million barrels per day (bpd), up from the 3.447 million bpd exported in October. These exports from the oilfields in central and southern Iraq amounted to 102,005,095 barrels, while exports […]

President 'would rather resign' over PM Nominee

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi President Barham Salih refused on Thursday to designate a nominee for an Iran-backed parliamentary bloc for prime minister, saying he would rather resign than appoint someone to the position who would be […]

Investment Opportunity: Diwaniya Airport

The National Investment Commission (NIC) in coordination with the Iraqi Civil Aviation Authority (ICAA) are pleased to announce the investment opportunity of the construction of Diwaniya New Airport according to the provisions of the investment law No. 13 for the year 2006 as amended, and the international general technical and operational requirements for constructing the […]