By Dr Renad Mansour, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi elections still do not deliver democracy As Iraqis head to the polls on 10 October, the headline for this election likely will be less about winners and losers […]
By John Lee. Shares in Petrofac were trading up more than 7 percent on Monday, as the company was ordered to pay GBP 77 million [$105 million] after the UK's Serious Fraud Office (SFO) secured further convictions in its investigation into bribery and corruption at the Jersey-registered energy services company. On Friday, Petrofac Limited pleaded […]
By John Lee. The Prime Minister of the Kurdistan Regional Government (KRG) has opened a new wheat marketing center in Erbil, a year after announcing the project. In a statement on Twitter, Masrour Barzani said: "In less than a year, we are back to inaugurate the $250-million wheat marketing project in Erbil. A great new […]
By John Lee. The CEO of the National Iranian Gas Company (NIGC) has said Iran is ready to extend its gas export deal with Iraq. Majid Chegeni, who is also the Deputy Minister of Petroleum for Gas Affairs, said: "Our relationship with Iraq is strategic and apart from economic relations, we have deep cultural and […]
By John Lee. US-based Textron Aviation Defense has been awarded a $15,669,011 firm-fixed-price contract with cost-plus-fixed-fee and cost-reimbursable contract line item numbers for support and sustainment of the Iraq Peace Dragon program. This contract provides for field service representatives, program management, core/field engineering, and repair-and-return. Work will be performed in Wichita, Kansas; and Martyr Mohammed […]
By John Lee. The World Bank has approved a new US$100 million project to scale up Iraq's health sector response to the COVID-19 pandemic. The Iraq COVID-19 Vaccination Project will support the rollout of COVID-19 vaccinations to priority population groups and strengthen the institutional systems needed to enable the safe and effective distribution and use […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq to Close Airports and Borders for October Election Iraqi authorities have prioritized security in the lead-up to the first election since 2018. Click here to read the full article.
By John Lee. A revealing report by Samya Kullab, for AP News, exposes the system of corruption and patronage that keeps Iraq's electricity system in the dark ages. Click here the read the full report. (Source: AP News)
Western Anbar communities see improved basic services with the completion of USAID-funded projects The United Nations Development Programme (UNDP) and the United States Agency for International Development (USAID) are pleased to announce the reopening of five facilities in western Anbar to provide essential services to more than 210,000 residents. UNDP rehabilitated these facilities with funding from […]
Ministers of Labour and Social Affairs and social partners meet with ILO to discuss joint activities to advance decent work in Iraq, with support of the European Union A Steering Committee, represented by ILO's tripartite partners, held its first meeting to discuss progress made in the implementation of a project, supported by the European Union, […]
By Dennis Ross, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A Pro-Israel Summit in Erbil Breaks New Ground At great personal risk, Iraqi civil society leaders gathered to demand entry into the Abraham Accords, and […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for September of 92,422,485 barrels, giving an average for the month of 3.081 million barrels per day (bpd), up slightly from the 3.054 million bpd exported in August. The exports from the oilfields in central and southern Iraq amounted to approximately 89,224,354 barrels, […]
