By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. New Iraqi president takes office, government expected next week Iraq's new president commenced his duties, and the designated prime minister will form his Cabinet next week. Click here to […]
By John Lee. China Petroleum Engineering & Construction Corp (CPECC) has reportedly signed a contract for the design, procurement, construction and testing of new crude oil processing facilities at Iraq's giant Rumaila oilfield. According to a report from the China International Contractors Association, the facility in Mishrif Qurainat (MQ) is the first new crude oil […]
KRG Prime Minister Masrour Barzani has announced the first digital transformation strategy. Prime Minister Barzani highlighted the significance of the strategy, which aims to put the Kurdistan Regional Government among the top electronic governments in the field of digitalization by the end of 2025. More here. Download digital strategy document here. The following is the […]
By Munqith Dagher 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. Forming a New Government in Iraq: Possible Scenarios Although Iraq's new government has ended the year-long deadlock, the path forward is still rife with obstacles. […]
By Michael Knights 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. Scoring Iraq's New Government: Metrics for Preserving U.S. Interests The protracted post-election process has been a step backward for Iraqi democracy, so Washington will need […]
By John Lee. The Iraqi Oil Exploration Company has signed a contract with China National Offshore Oil Corporation (CNOOC) to study Iraq's offshore oil block in the Gulf. The Undersecretary for Extraction Affairs represented the Oil Minister, Mr. Ihsan Abdul-Jabbar Ismail, at the signing ceremony. The General Manager of CNOOC Middle East and Iraq said […]
DNO ASA, the Norwegian oil and gas operator, will publish its Q3 2022 operating and interim financial results on 3 November 2022 at 07:00 (CET). The Company issues below an update on production and sales volumes for the quarter as well as other key financial information that will be further discussed in the earnings call. […]
By John Lee. A high-level delegation from the Central Bank of Iraq (CBI), headed by the Deputy Governor, Dr. Ammar Hamad Khalaf, participated in the annual meetings held by the International Monetary Fund (IMF) and the World Bank in Washington, DC. During the meetings they parties discussed cooperation with Iraq, and to provide the necessary […]
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq is among the world's richest countries in energy, but that is doing little for the people who live there. For decades, many have suffered because of power outages, and there is no […]
From the Iraq Britain Business Council (IBBC): This year's Tech forum is a forward looking and inspirational session, covering new initiatives in Education skills including AI/Cyber/Big data and online teaching courses, as well as an overview on how Iraq's start up economy is evolving and the challenges it faces. Laura Oliver of Iraq venture partners will take us through […]
By John Lee. Iraq's Federal Commission of Integrity (FCOI) has said it is investigating the theft of 3.7 trillion Iraqi dinars ($2.5 billion) from the General Tax Authority. The funds were allegedly stolen from the Tax Authority's account at the state-run Rafidain Bank. According to The National, the money was paid to five recently-created companies […]
By John Lee. The Iraqi Civil Aviation Authority (ICAA) has announced the opening of Kirkuk International Airport. Transport Minister Nasser Al-Shibli inaugurated the new facility on Sunday. The authority indicated that the airport has completed all international standards and requirements to be ready to receive all flights. (Sources: ICAA, Ministry of Transport)
