By John Lee. UAE's Ducab Group has reportedly been awarded a contract to supply overhead conductors for a 288-Km Over-Head Line (OHL) as part of a GE Renewable Energy project in Iraq. According to Zawya, the contract involves the design, supply, installation, testing, and commissioning of a 400kV overhead transmission line from Jordan to the […]
Musab Alkateeb, the immediate past CEO of Siemens Iraq, has joined the the Iraq Britain Business Council (IBBC) advisory council after 20 years leading Siemens Iraq, Honeywell and championing government reform in Iraq. Musab is well known to IBBC members, to Iraq and the private sector and has a wealth of experience in the issues […]
By John Lee. China's Zhongman Petroleum and Natural Gas Group Corporation (ZPEC) has signed a partnership contract with the Iraqi Drilling Company (IDC). The Director General of the IDC, Basem Abdul Karim, said that the contract includes the provision of support and completion of the work associated with drilling and reclamation operations at Iraqi oil […]
By Mac Skelton and Abdulameer Mohsin Hussein, for the Konrad-Adenauer-Stiftung. Medicine Under Fire - How Corruption Erodes Healthcare in Iraq The April and July 2021 hospital fires in Nasiriya and Baghdad left hundreds dead, adding insult to injury for a medical system that had already buckled under the weight of the COVID-19 pandemic. Why did […]
WFP and partners revive olive production in Iraq The United Nations World Food Programme (WFP) and partners have inaugurated a new olive press machine as part of economic regeneration efforts for the local community in Bashiqa, Iraq. WFP, the Governor's office, Mayor's office, the Bashiqa Olive Association and Samaritan's Purse's aim is to bring this […]
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Defeated Iraqi parties seek to get election results annulled Iraq's federal court is expected to uphold the results of the election, which has been praised by Iraqi and international […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can a woman prime minister end Iraq's political deadlock? Iraqi law dictates that a quarter of seats in the country's parliament be reserved for women. Despite this guarantee of female representation in the […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq Revenue Forecasting Model -- A Critical Assessment INTRODUCTION This review was prepared upon request from known international organization (XXX) regarding two documents prepared by a consultant (CCC) on Iraq Revenue Forecasting […]
The Central Bank of the UAE (CBUAE) and the Central Bank of Iraq (CBI) have signed a Memorandum of Understanding (MoU) on 12th December, to enhance cooperation on banking supervision matters. The MoU covers three main areas, including control and supervisory issues, the exchange of supervisory information, and strengthening bilateral co-operation on training workers and […]
By John Lee. The Kurdistan Regional Government (KRG) has responded to the statement on Friday by Genel Energy regarding the production-sharing contracts (PSCs) at Bina Bawi and Miran. The KRG strongly denies that it is in repudiatory breach of the PSCs, and denies that Genel is entitled to any compensation. It adds that it will […]
By John Lee. The Iraqi Cabinet (pictured) has authorised the Minister of Finance to borrow $76 million from the state-owned Trade Bank of Iraq (TBI) to finance the Great Samawa Water Project. (Source: General Secretariat for the Council of Ministers)
By John Lee. Abeer Alshimal Company For General Contracting Ltd., which has offices in Erbil, Dohuk and Mosul, has won a contract with UNAMI for the construction of "new infrastructure with new accommodation, office, welfare buildings at UNAMI Tamimi camp inside the Green Zone in Baghdad." The contract is valued at $1,567,215 and the end […]
