By John Lee. Protesters in Iraq have reportedly blocked the country’s second-largest commercial port on Tuesday. According to Fox News, they halted operations at the Khor al-Zubair port as oil tankers and other trucks were unable to enter or exit. They have also obstructed access to Umm Qasr port. (Source: Fox News)
By John Lee. Gulf Keystone Petroleum (GKP) has announced the appointment of Ian Weatherdon as Chief Financial Officer ("CFO"). Mr Weatherdon has over 25 years' experience in the international oil and gas industry and joins GKP from Sino Gas & Energy Holdings Limited where he was CFO. Sino Gas is an energy company focused on […]
By John Lee. Scottish-based KCA Deutag has announces that its land drilling operation has won new contracts in the Middle East, Africa and Europe. In Iraq, two of the company's rigs have had their contracts extended by one year. KCA Deutag currently has three rigs in Iraq. (Source: KCA Deutag)
Leaked Iran spy documents reveal extent of grip on Iraq Ground-breaking documents detailing staggering evidence of Iran’s espionage operations, bribery payments and efforts to expand influence within Iraq have been leaked to the US-based media organisation The Intercept in collaboration with the New York Times. Together they reveal the huge extent of Iran’s grip on […]
Al-Burhan Group has taken over the management of Baghdad International Airport Hotel in a joint partnership with the Iraqi Civil Aviation Authority (ICAA). The hotel consists of 100 rooms, a fitness centre with sauna and steam room, the hotel also benefits from having a conference Centre, meeting rooms, exhibition space, large landscaped gardens and ample […]
By John Lee. Turkish mills' pipe exports to Iraq have reportedly risen by 10.3 percent year-on-year for the first three quarters of this year. According to S&P Global Platts, Iraq bought 139,000 mt of steel pipe during the period. (Source: S&P Global Platts)
By John Lee. Iraq has been ranked 172nd out of 190 countries in the World Bank‘s recent Doing Business 2020 report, down from 171st place the previous year. Top of the list were New Zealand, Singapore and Hong Kong, with last place going to Somalia, just behind Eritrea and Venezuela. Iran ranked 127th, with Libya […]
By Vera Mironova and Mohammed Hussein, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. With ongoing protests making other investors nervous, Moscow is charging ahead. Despite ongoing protests in Baghdad, which have seen the departure of many foreign diplomats for […]
By John Lee. Two companies have won contracts with the United Nations Office for Project Services (UNOPS) for the “Supply and Delivery of ICT Equipment for UNMAS Iraq“. Lot 1 - Laptop Computers and Peripherals: Contract value of $32,320, awarded to Zero One Co. Ltd. Lot 2 - Apple Branded Tablets: Contract value of $10,130, […]
By Sundus Abbas, SDGs project Manager. The importance of human development in Iraq stems from the damage Iraqis underwent as a result of decades of despotism, war and different forms of violence and insecurity. Despite all that, Iraq’s strongest asset and real wealth remains the young population that can face all forms of the current […]
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 […]
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. What’s Really Polluting Southern Iraq’s Most Important Waterway? For years, fish and other marine life has been disappearing from the all-important Shatt al-Arab waterway in Basra. This wide river at […]
