Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 7th March 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD595 (+3.0%) / $640 (-2.0%) (weekly change) (-9.8% and -9.8% YTD change, respectively). The number of week traded […]
Test results from international laboratories confirm that the death of millions of farmed carp in Iraq in late 2018 was caused by fish disease, not pollution. The carp suffered from the Koi Herpes Virus (KHV), a lethal disease known to cause almost 100 percent mortality rates in carps. Based on these results, we can therefore […]
International Women’s Day was celebrated today at an event organized by the Directorate for the Empowerment of Iraqi Women at the Council of Ministers. The event, which was supported by UN Women and the International Medical Corps, was attended by senior Iraqi government officials, including the two Deputy Speakers of the Council of Representatives, human […]
Pearl Petroleum Company Limited, the consortium led by Crescent Petroleum and Dana Gas of the UAE, has signed a new 20-year Gas Sales Agreement (GSA) with the Kurdistan Regional Government (KRG) to enable production and sales of an additional 250 MMscf/day that the consortium aims to produce by 2021 as part of their expansion plans […]
By John Lee. Shell is reported to be still in the process of evaluating the viability of the $11-billion Nebras petrochemical complex in Basra. The project was designed to produce 1.8 million mt/year of various petrochemicals, using naphtha as a feedstock. Last year, Reuters reported that Saudi Basic Industries Corp (SABIC) was in talks to […]
Intertek, the UK-based assurance, inspection, product testing and certification company, has announced the launch of the first independent crude oil, fuel testing and petroleum products laboratory in Iraq. The new hydrocarbon laboratory, located in the port of Khor Al Zubair, will support the increased demand for quality assurance solutions in the petroleum industry across Iraq […]
By John Lee. The United Nations has advertised new positions in Iraq: International Trade Advisor, UK Department for International Trade (DIT), at British Embassy Close Protection Coordination Officer, UNAMI - United Nations Assistance Mission for Iraq Associate Project Compliance Officer, UNOPS - United Nations Office for Project Services National Professional Officer (Health Systems), WHO - […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Procurement Specialist, UNDP - United Nations Development Programme Country Finance Manager, Search for Common Ground (SFCG) Communication Expert, UNOPS - United Nations Office for Project Services Call Centre Supervisor, UNOPS - United Nations Office for Project Services Call Centre Operators, UNOPS - […]
By John Lee. Oil Minister Thamer Al-Ghadhban met on Tuesday with Nhat Ozdemir, Chairman of the Board of Directors of Turkish conglomerate Limak. The minister said he was keen to develop the energy sector through cooperation with international companies, noting the presence of promising opportunities in Iraq. Mr Ozdemir said his company wants to cooperate […]
Denmark provides an additional $4 million to Security Sector Reform in Iraq The Government of Denmark will contribute an additional 27 million Danish Kroner (approx. USD 4 million) to advance Security and Justice Sector Reform in Iraq in the coming years. This support will be managed and facilitated by United Nations Development Programme (UNDP). UNDP […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Hussein Shaalan feels nostalgic for the 1990s, when international sanctions against Iraq following the country’s annexation of Kuwait made his pottery business soar. “The 1990s were the last years when this […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi market, as measured by the Rabee Securities RSISUSD Index, declined by -9.7% in February, taking the year to date decline to -12.5%. February’s […]
