Archive | 2020

More New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Rest Station- Descendant 000 + 49, Ministry of Construction and Housing Rest Station- Ascendant 500 + 366, Ministry of Construction and Housing Rest Station- Ascendant 000 + 514, Ministry of Construction and Housing Rest Station- Descendant 200 + 101, Ministry of […]

GB Auto "ends Hyundai Representation in Iraq"

By John Lee. GB Auto (Ghabbour Group) has reportedly decided to cease its representation of Hyundai passenger cars in Iraq. According to Daily News Egypt, the company rejected Hyundai's new multi-distributor strategy, on the basis that such models never yield proper returns on investment. It adds that Hyundai had a market share of approximately 25 […]

Coronavirus: Public Gatherings Banned, Travel Restricted

By John Lee. Iraq has banned all public gatherings and barred entry to travellers from a number of countries affected by the coronavirus (covid19). Entry permits are being denied to foreigners arriving directly or indirectly from China, Iran, Thailand, South Korea, Japan, Italy, and Singapore, until further notice. Despite the ban on public gatherings, protesters […]

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Sanctioned Iranian Fuel Oil "Shipping from Iraq"

By John Lee. Deceptive shipping practices are reportedly being used in an attempt to conceal cargoes of sanctioned Iranian fuel oil being shipped via the Iraqi port of Khor al-Zubair. Writing in Lloyds List, Michelle Wiese Bockmann gives details of a network of shell companies running 'dark' tankers to transport the sanctioned fuel. Click here […]

Internet of Things (IoT) to Monitor Reservoirs in Iraq

Kerlink, a French-based specialist in solutions dedicated to the Internet of Things (IoT), has announced the success of a United Nations High Commissioner for Refugees (UNHCR) pilot program for reservoir monitoring in Uganda and Iraq, which incorporates Kerlink’s LoRaWAN gateway technology. The effectiveness of the sensor-to-cloud monitoring programs in remote locations is resulting in near-term […]

Fulbright Student Program Opens for Applications

The U.S. Mission in Iraq Announces the 2021-2023 Fulbright Foreign Student Program The United States Embassy is pleased to announce that we are now accepting applications for the 2021-2023 Fulbright Foreign Student Program. This prestigious and competitive scholarship program provides outstanding students and professionals with the opportunity to obtain Master’s degrees at U.S. universities. Launched […]

4 more get Coronavirus in Iraq

By John Lee. Iraq has reported four new cases of coronavirus (covid-19), this time in Kirkuk province. In a statement, the Ministry of Health said the four were from the same family, and had recently returned from Iran. They have been placed in quarantine. According to Reuters, Iraq has indefinitely extended an entry ban on […]

Oil Ministry Finalises Export Figures for January

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for January of 102,485,591 barrels, giving an average for the month of 3.306 million barrels per day (bpd), down from the 3.428 million bpd exported in December. These exports from the oilfields in central and southern Iraq amounted to 101,062,366 barrels, while exports […]

KRG takes action to Prevent Spread of Coronavirus

KRG Prime Minister Masrour Barzani and Deputy Prime Minister Qubad Talabani (pictured) today chaired a cabinet meeting with governors from the Kurdistan Region to discuss recent developments, along with the steps the Kurdistan Regional Government (KRG) is taking to prevent an outbreak of the coronavirus. Minister of Health Saman Hussein Muhammed updated the Prime Minister […]

Iraq confirms first case of Coronavirus

By John Lee. Iraq's Ministry of Health has confirmed the first case of the coronavirus (covid-19) in the country. It said that an Iranian student had tested positive for the virus in Najaf. The student is reported to have been immediately quarantined. Following the announcement, Kuwaiti state news agency KUNA said that Kuwait’s civil aviation […]

New Solar Park to ease Dohuk's Power Shortage

By Joe Snell for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  New solar park to ease Iraqi governorate's power shortage No one batted an eye when the power abruptly cut off in English teacher Miriam Zia's 11th-grade classroom at the […]

Iraq "Needs Regime Change Again"

By John Hannah, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq Needs Regime Change Again The United States faces an increasingly urgent set of first-order policy questions in Iraq. Spoiler alert: The answer is not Mohammed Tawfiq Allawi, Iraq’s […]