By Ahmed Gomaa for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Cairo hosted a tripartite summit March 24, bringing together Egyptian President Abdel Fattah al-Sisi, Jordanian King Abdullah II and Iraqi Prime Minister Adel Abdul Mahdi. The summit’s final communique underlined the […]
By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for March of 104,686,779 barrels, giving an average for the month of 3.377 million barrels per day (bpd), down from the 3.621 bpd exported in February. These exports from the oilfields in central and southern Iraq amounted to 100,899,853 barrels, while exports from […]
By John Lee. The General Company for Land Transport (GCLT) has held a meeting with its Saudi Arabian counterpart to discuss the opening of the Arar border crossing between the two countries. According to a statement from Iraq's Ministry of Transport, the participants stressed the importance of the new border facility for commercial trade and […]
By John Lee. Panasonic Eco Solutions has announced that it has renewed its agreement with Al Manzil Group as its authorized distributor in Iraq for all Panasonic Indoor Air Quality (IAQ) - Fan products. According to a press release, Iraq is one of the largest markets for Panasonic IAQ-Fan products and promises immense opportunities for […]
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 […]
Iraq announced on Thursday the completion of the “technical preparations” to extend a pipeline to export one million barrels of oil per day through Jordan, Petra has reported. “The export capacity of the Basra-Aqaba pipeline, which runs through Jordan, is expected to reach one million barrels per day (bpd),” Iraqi oil minister, Thamir Al-Ghadhban, said […]
The Iraqi Parliament Security and Defence Committee has rejected the draft amendments to the Nationality Law. Committee Chairman Adnan Al-Asadi said in a statement that “the proposed amendments allow foreigners married to Iraqi women as well as unmarried foreigners who live in Iraq for only one year to apply for the Iraqi citizenship … These […]
EU-funded programme launched in Iraq to support recovery and stability through local development The European Union (EU), the United Nations Development Programme (UNDP), and the UN Human Settlements Programme (UN-Habitat) continue to work together to help the people of Iraq in their pursuit of recovery and stability. On 28 March 2019, representatives of federal and […]
The United Nations Mine Action Service (UNMAS) has welcomed an additional contribution of USD 1,625,000 from the Government of Japan to further mitigate the threat posed by explosive hazards in support of the provision, facilitation and enablement of humanitarian and stabilization support. “Japan has recently decided a new assistance package for Iraq amounting to USD […]
By John Lee. The President of Lukoil, Vagit Alekperov, has held a meeting with Prime Minister of Iraq Adil Abdul-Mahdi in Baghdad. The meeting was attended by the Russian Ambassador to Iraq, Maksim Maksimov. The parties discussed the current status of projects, among them the geological exploration at Eridu field (Block 10) in the south […]
By Omar al-Jaffal for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Will Iraq lose its benefits from Shatt al-Arab River to Iran? Iranian President Hassan Rouhani visited Baghdad March 11 to endorse the two countries’ renewed commitment to the 1975 […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th February 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD561 (-4.7%) / $604 (-4.7%) (weekly change) (-14.9% and -15.0% YTD change, respectively). The number of week traded […]
