Archive | 2022

Fly Baghdad appoints Cargo Agent in Mumbai

By John Lee. India's Rainbow Aviation has reportedly announced that it will represent Fly Baghdad as their cargo General Sales Agent (GSA) in India. The intention, according to STAT Trade Times, is to carry pharmaceuticals, readymade garments, raw materials, consumer durables and electronic parts to Baghdad. It says Fly Baghdad started flying to India on […]

Iraqi e-Commerce Venture raises New Investment

The Iraq-based e-commerce business Orisdi has raised a new six figure investment round that included the participation of existing and new investors. The round was facilitated by the Iraqi Angel Investors Network (IAIN) and served to reinforce the continuous growth of the business and the growing potential of e-commerce in Iraq. The round saw the […]

Meeting to progress Mosul Int'l Airport Project

By John Lee. Prime Minister Mustafa Al-Kadhimi chaired a meeting on Monday to discuss plans to rebuild Mosul International Airport, which was damaged during the war against ISIS terrorist gangs. The meeting, which was attended by the Minister of Construction, Housing, Municipalities and Public Works, the Governor of Nineveh, and a number of specialized officials […]

Zain Iraq's Revenue Increases

By John Lee. Zain Iraq's Q2 2022 revenue grew 4 percent to USD 390 million, and EBITDA grew by 16 percent to USD 168 million, according to the company's results statement for the period. The company also reported an EBITDA margin of 43 percent, with net profit reaching USD 5 million. The operator's customer base […]

DNO Updates on Oil Production and Sales

DNO ASA, the Norwegian oil and gas operator, will publish its Q2 2022 operating and interim financial results on Thursday, 11 August 2022 at 07:00 (CET). A videoconference call with executive management will follow at 11:00 (CET). The Company issues below an update on production and sales volumes for the quarter as well as other key […]

Tony Blair Institute: Iraqis More Optimistic for the Future

By John Lee. A new report from the Tony Blair Institute for Global Change claims that Western perceptions of the Arab world are too often shaped by negative stereotypes and anecdotal evidence used to justify prejudicial views - rather than by reality. As a result, it says, our understanding of who Arabs are, and what […]