From Five One Labs. Re-published with permission by Iraq Business News. A Panel Discussion with Ammar Ameen and Marwan Jabbar from Miswag On October 27th, 2021, Five One Invest hosted a Speaker Series session with Ammar Ameen (Founder and CEO) and Marwan Jabbar (VP of Commercial Development and People) from Miswag. Read on to learn […]
A high-level meeting between the United Nations and international donors took place in Baghdad to discuss the United Nations' updated development strategy for Iraq. The meeting focused on the 2020-2024 United Nations Sustainable Development Cooperation Framework (UNSDCF), which was signed by the Government of Iraq in September. The UN was represented by the Deputy Special […]
By John Lee. A team from the University of Mosul has reportedly helped to create a restaurant in Mosul that uses robot waiters. According to AFP, everything at the White Fox restaurant is digital, including the 15 touch-screen tables with built-in menus. More here. (Source: AFP)
Writing in Oil Price, Simon Watkins points out that the $5.99-per-barrel remuneration that Lukoil will receive under its technical service contract at Block 10 is considerably better than its $1.15/barrel payment at West Qurna 2. Block 10 includes the Eridu field, which has indicated oil reserves of between 7 and 12 billion barrels, and a […]
ILO and UNICEF joint initiative supports young engineers to play a key role in promoting Green Works in Iraq With the support of the Government of the Netherlands, the ILO and UNICEF are working together to build the capacities of selected youth to engage in Employment Intensive Investment Programme (EIIP) interventions aimed at improving the local environment […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for October of 96,708,660 barrels, giving an average for the month of 3.120 million barrels per day (bpd), up slightly from the 3.081 million bpd exported in September. The exports from the oilfields in central and southern Iraq amounted to approximately 93,386,975 barrels, […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Iraqi Kurds are seeking refuge in Europe The heartbreaking drama of thousands of migrants, many of them Iraqi Kurds, stranded along the Belarusian border with Poland, where they encounter dire conditions in […]
By John Lee. The Iraqi Ministry of Oil has officially established the new Basra Energy Company (BECL), which will be the main contractor at the giant Rumaila oilfield, under a Technical Service Contract (TSC). Representing BECL at the ceremony, Zaid Elyaseri (BP) said the field will be developed to reach a peak production of 1.7 […]
The Iraq Britain Business Council (IBBC) has hosted a very successful Tech Forum as part of its Autumn Conference in Dubai on Monday. Sponsored by SAP, the session focused on the applications and benefits of data to the Iraqi economy. Speakers included: Padraig O'Hannelly, Iraq Business News (IBN); Sean O'Brien, SAP; Christopher Ferguson, Scott Logic; […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunity: Constructing Tulaiha Future Rest Station in Anbar Province (Source: National Investment Commission)
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Fertilizer price hikes affecting Kurdistan Region wheat production: farmers An increase in fertilizer prices has affected wheat production in the Kurdistan Region, farmers told Rudaw on Wednesday. This comes a month after the government […]
By John Lee. The Iraqi Drilling Company (IDC) has signed a contract with Schlumberger to provide drilling services for 37 oil wells in the Al-Zubair field in Basra for the Italian company ENI, which will operate the field. The Director General of the Iraqi Drilling Company, Basem Abdul Karim, said that the contract includes the […]
