By John Lee. Iraq's National Investment Commission (NIC) has announced an investment opportunity for the construction of a commercial site in Bismayah City: According to investment law no. 13 for the year 2006 as amended and its regulations, NIC is pleased to announce the investment opportunity of Constructing a commercial Site in Bismayah City - […]
By John Lee. Iraq's Ministry of Oil has announced final oil exports for March of 105,118,523 barrels, giving an average for the month of 3.390 million barrels per day (bpd), essentially the same as the 3.391 million bpd exported in February. These exports from the oilfields in central and southern Iraq amounted to 101,392,918 barrels, […]
By John Lee. Intelyse, a Sicuro Group company, has said it has successfully repatriated over 150 Iraqi citizens to Baghdad in time for the Islamic holy month of Ramadan, in addition to repatriating more than 80 British and EU citizens from Iraq to UK. The direct flight to Baghdad departed London Stanstead on 23 April […]
By John Lee. Washington has renewed a waiver for Iraq to continue importing Iranian electricity, a US State Department official said. "The Secretary granted this brief extension of the waiver to allow time for the formation of a credible government," the official said, referring to US Secretary of State Mike Pompeo, and added that the […]
By John Lee. Iran's non-oil exports to Iraq are reported to have increased by 0.7 percent. For the Iranian calendar year 1398 (ended on March 19), non-oil export to Iraq hit $8.9 billion, according to a deputy with the country's Trade Promotion Organization (TPO). Tehran Times reports that medicines and medical equipment, plastic products, ceramic […]
By John Lee. Baghdad is said to have stopped payments to the Kurdistan Regional Government (KRG). Writing for Argus Media, Rowena Edwards says central government will also seek to recover payments made since the start of the year, in the absence of KRG transfers of crude oil, which were part of the as-yet-unsigned 2020 budget. […]
By John Lee. Lukoil is reportedly having difficulties staffing its operations in Iraq due to coronavirus and associated restrictions. Interfax cited chief executive Vagit Alekperov (pictured) was quoted as saying that the company has a problem with replacing shift workers, adding, "We are reaching deals with people to keep them on for shifts that are […]
By Dr Renad Mansour for the Royal Institute for International Affairs (Chatham House). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why is it So Hard for Iraq to Form A Government? Mustafa al-Kadhimi has emerged as the compromise prime minister designate, but his potential […]
By Adam Lucente for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Islamic State steps up attacks in Iraq during coronavirus lockdown Iraq has been hit by a wave of Islamic State (IS) attacks during the country's coronavirus lockdown. Numerous operations by IS and unknown groups […]
By Barbara Slavin, for the Atlantic Council. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. How the US Military should Leave Iraq A withdrawal of most US military forces from Iraq seems likely this year as the Iraqi government seeks to maintain some […]
Iraq Britain Business Council (IBBC) Tech forum Video Conference Monday 27th April, 2:00 - 2:45 pm UK time. Topic: To discuss the adoption and benefits of Fintech and Cyber Tech and likely impact on the Iraqi economy, based on experiences elsewhere. Speakers: Hugo Rousseau: program mgr financial services TechUK (the UKs largest Tech association) Yazen […]
Siemens, Lions and their partners inaugurate the rehabilitated health clinic in Baiji, Iraq Al-Tawheed Center in Salah ad-Din Province was renovated by Iraq's Ministry of Health Siemens donated advanced medical and power equipment to NGO Lions Foundation Germany to support the rehabilitation of the clinic Clinic is open to the public and has the capacity […]
