By John Lee. Shares in Gulf Keystone Petroleum (GKP) were trading up more than three percent on Thursday morning after the company proposed issuing $50-million in dividends this year. The company, which produces oil at the Shaikan field (pictured) in Iraqi Kurdistan, issued the following statement as part of its 2018 Full Year Results: Financial […]
Acting US Secretary of Defense Patrick M. Shanahan met Iraqi Council of Representatives Speaker Mohammed al-Halbousi at the Pentagon on Wednesday to reaffirm the strategic security partnership between the U.S. and Iraq and the U.S. commitment to a sovereign, secure, and prosperous Iraq. The secretary extended his condolences to the speaker for the tragic ferry […]
IBBC Spring Conference 2019 Iraq – Financing a Modern Economy 10 April, The Mansion House, London The Iraq Britain Business Council (IBBC) invites you to attend its Ninth Annual Conference at the Mansion House on the 10th of April. This year’s conference is organised in partnership with the Central Bank of Iraq and the Iraqi […]
Lukoil and Inpex Corporation have successfully completed testing of the fifth well as part of the appraisal phase at the Eridu field (Block 10) in the southern part of Iraq. The well recorded daily flow rate of more than 1,500 cubic meters of oil from the Mishrif formation and proved the current geological model of […]
By Hussein Al-alak. Republished with permission. Read All About It! The humble book is helping rebuild lives in Iraq To mark World Book Day, the UK-based charity, the AMAR International Charitable Foundation published these photographs from their school in Basra, Iraq. Each uplifting image demonstrates how AMAR is making positive changes to the lives of […]
By John Lee. The United Nations has advertised new positions in Iraq: UNOCHA-National Humanitarian Affairs Officer, JCMC Liaison Officer, UNDP - United Nations Development Programme UN Women: Programme Management Specialist (Head of Programme), UNDP - United Nations Development Programme Field Operation Senior Officer, International Rescue Committee (IRC) Field Coordinator, International Rescue Committee (IRC) Case Management […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Security and Political Analyst, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Programme Support Officer, IOM - International Organization for Migration Programme Associate, UNDP - United Nations Development Programme International Consultancy: M&E and Documentation Advisor, UNDP - United Nations Development Programme International Consultancy: Advisor, […]
Peace Education in Iraq: Laying a Foundation for Sustainable Development Strengthening the capacity of universities across Iraq to contribute to the achievement of SDG 16: Peace, Justice and Strong Institutions, UNDP Iraq, national NGO, Iraq Al-Amal and the UNESCO Chair for Peace Studies at the University of Innsbruck, together launched a new national curriculum - […]
By Gilgamesh Nabeel for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Ferry disaster highlights corruption and mafia-like activities in Mosul On March 21, thousands of Mosul residents flocked to Um El-Rabe'ayn Island, a touristic area about 4 kilometers (2.5 miles) north of […]
By Geneive Abdo, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Pro-Iran factions are pushing for the move just as the Islamic State is starting to hit back. Momentum is building among deputies in the Iraqi parliament to oust U.S. […]
By John Lee. Ride-sharing services Uber, from the United States, and Careem of Dubai, have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash. The acquisition of Careem is subject to applicable regulatory approvals. The transaction is expected to close in […]
By John Lee. Iraq’s Ministry of Oil has announced final oil exports for February of 101,387,559 barrels, giving an average for the month of 3.621 million barrels per day (bpd), down from the 3.649 bpd exported in January. These exports from the oilfields in central and southern Iraq amounted to 99,120,006 barrels, while exports from […]
