Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st August 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD629 (-3.1%) / $676 (-3.1%) (weekly change) (-4.6% and -4.7% YTD change, respectively). The number of week traded […]
By John Lee. Iraq and Kuwait have selected British energy advisory firm ERC Equipoise (ERCE) to prepare a study on the development of shared border oilfields. Ministry spokesman Assem Jihad said a contract would be concluded in the coming days with the company, which was chosen from a list of four candidates. ERCE is a […]
The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mr. Adil Abd Al-Mahdi. It: voted to adopt the recommendation of the Ministerial Council on Energy on the Charter of Cooperation of Oil-Producing Countries which aims to promote stability in the global oil market; approved the allocation of […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Pesticides plant - Al Furat State Company for Chemical and Pesticides Industries Chlorine plant - General Company for Mining Industries (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
Dana Gas has announced that its share of Pearl Petroleum's collections from the sale of condensate, LPG and gas in the Kurdistan Region of Iraq (KRI) rose 74 percent in the first half of 2019. The company, which owns a 35 percent stake in Pearl Petroleum, saw its share of the collections increase to $80.0 […]
By John Lee. DNO ASA, the Norwegian oil and gas operator, today announced what it described as solid first half 2019 financial and operating results as the company continued to deliver the largest drilling program in its 48-year history: "H1 2019 revenue totalled USD 470 million, up 62 percent from the same period last year, […]
By John Lee. Zain Iraq's revenues for the first half of 2019 were up 14 percent on the same period last year. In its results for first six months of 2019, the company said: "Zain Iraq performed exceptionally well in H1 2019 when compared to H1 2018 with revenue reaching USD 522 million and EBITDA […]
By John Lee. The United Nations has advertised new positions in Iraq: National Programme Policy Officer (Resilience), WFP - World Food Programme Programme Policy Officer (Emergency Preparedness and Response), WFP - World Food Programme Programme Associate (COMET Coordination and Invoice Tracking), WFP - World Food Programme Programme Associate (Partner Agreements and Invoice Tracking), WFP - […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Social Protection Policy Advisor, Mercy Corps Head of Programme for Danish Demining Group, Danish Refugee Council (DRC) CCCM Cluster Co-Coordinator, International Organization for Migration (IOM) Emergency Support Assistant, International Organization for Migration (IOM) Project Officer (Community Engagement, Returns, Reintegration), International Organization for […]
By John Lee. On Wednesday 24 July, Khaled T. Kanaan, Chairman of the Jordan Iraqi Economic Association (JIEA), met with HE Mr. Ali Mohsen Al-Alaq, Governor of the Central Bank of Iraq (CBI). The meeting was a follow-up to the "Digital Transformation in Financial Sector Forum" held in Baghdad on 10 July, which was jointly […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. It has been five years since the Islamic State of Iraq and the Levant (ISIL or ISIS) was defeated in the Kurdish region of northern Iraq. The area has been stable since then, […]
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. Why this political movement is turning its back on the Iraqi PM Thousands of followers of Ammar al-Hakim (pictured), the leader of the opposition National Wisdom Movement, took to the […]
