By John Lee. Iraq's Ministry of Oil has signed a contract with the China National Offshore Oil Corporation (CNOOC) to carry out seismic surveys of two oil exploration blocks. One of the fields is in the territorial waters of Iraq in the Gulf, while the second in the city of Faw (Fao). (Source: Ministry of […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 31st January 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD639 (-0.6%) / $688 (-0.6%) (weekly change) (-3.1% and -3.1% YTD change, respectively). The number of week traded […]
By Bruce Riedel, Brookings Institution. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. What Iran's Revolution meant for Iraq The collapse of the shah's government in Iran in early 1979 impacted the entire world but no country was more affected than Iraq. Saddam Hussein's […]
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. Iraqi Prime Minister Adel Abdul Mahdi has restructured the Supreme Anti-Corruption Council founded by his predecessor Haider al-Abadi in October 2015. Abdul Mahdi said Jan. 9 that he would make every […]
US-based Sallyport Global Holdings has been awarded a not-to-exceed $375,000,000 cost-plus-fixed-fee undefinitized contract action to provide base operations support, base life support, and security services in the support of the Iraq F-16 program. Work will be performed on Balad Air Base, Iraq, and is expected to be completed by Jan. 30, 2020. This contract was […]
By John Lee. Russian Foreign Minister Sergey Lavrov has said that Moscow is very interested in increasing trade, economic and investment ties with Iraq. Following a meeting on Wednesday with Iraqi Foreign Minister Mohamed Ali Alhakim, he said: "In the field of investment, especially in the hydrocarbon sector, there is a very good result. Lukoil, […]
By John Lee. The Jordan Furniture Exporters and Manufacturers Association (JFEMA) has reportedly signed a memorandum of understanding to carry out furnishing and interior works projects in Iraq, with an estimated total value of $40 million. According to the Jordan Times, the work will include a project to furnish the largest commercial mall in Baghdad, […]
By John Lee. Iraq has been ranked last out of 153 countries in this year's Good Country Index, placing it just behind Libya and Yemen. Iran was ranked 138th. The idea of the Good Country Index to measure what each country on earth contributes to the common good of humanity, and what it takes away, […]
By John Lee. The United Nations has advertised new positions in Iraq: Chief of Party (Livelihoods), Iraq/Syria, Concern Worldwide Capacity Building Project Manager, Triangle Génération Humanitaire (TGH) Mobile Team Member, UNAMI - United Nations Assistance Mission for Iraq Referral Focal Point, UNAMI - United Nations Assistance Mission for Iraq Associate Information Analyst, UNAMI - United […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Senior Communication with Communities, UNAMI - United Nations Assistance Mission for Iraq Requisitions Assistant, UNAMI - United Nations Assistance Mission for Iraq Senior Human Rights Officer, UNAMI - United Nations Assistance Mission for Iraq Reporting Officer, UNAMI - United Nations Assistance Mission […]
UK Export Finance (UKEF) has announced it will support UK firms with US $1.02 billion to build two new power stations in Iraq and support the restoration of a number of electricity substations in the country. US $1.02 billion in support for UK firms to build two new power stations Agreement will help build and […]
By John Lee. Dubai-based MBC Group is reportedly about to start a new family-oriented entertainment channel for Iraqi viewers. According to BroadcastPro Middle East, MBC Iraq is scheduled to be launched on the evening of Sunday, 17th February. CEO Sam Barnett is quoted as saying: “MBC Iraq is a premium television network that caters to […]
