By John Lee. The Turkish-based private jet charter company AirSada has won a contract to supply medical evacuation (medevac) services to Japan's JGC Corporation in Iraq. JGC is the main contractor for the major upgrading project at South Refineries Company's (SRC) Basra refinery. The contract with AirSada, which runs to September 2025, includes air ambulance […]
By Samuel Ramani, for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. What does Russia's war in Ukraine mean for Iraq? Although Iraq has avoided taking sides in Russia's war with Ukraine, the conflict could exacerbate factional divisions and […]
By John Lee. Royal Jordanian Airlines and the National Bank of Iraq (NBI) have sealed an agreement to introduce the first co-branded credit card in Iraq under RJ's frequent flyer program "Royal Club". This co-branded credit card allows its holders the opportunity to earn additional miles on each payment when using the bank's credit card, […]
By John Lee. The Sri Lankan Ministry of Foreign Affairs has announced that it will temporarily close its Embassy in Baghdad. The decision, with effect from 30 April 2022, is part of a general restructuring of Sri Lanka's diplomatic representation overseas, undertaken in the context of economic situation and foreign currency constraints faced by the […]
The IBBC Iraq conference at the Mansion House - meeting at a most important time for Iraq - Tuesday 24 May After a two-year absence, IBBC is back at the Mansion House hosting its Iraq conference on Tuesday May 24th focusing on finance, energy and sustaining economic growth in Iraq. The country stands at another pivotal moment with […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for March of 100,563,999 barrels, giving an average for the month of 3.244 million barrels per day (bpd), down slightly from the 3.314 million bpd exported in February. The exports from the oilfields in central and southern Iraq amounted to approximately 99,115,064 barrels, […]
By Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. From Beirut to Baghdad: Lebanese flee crisis seeking jobs in Iraq Iraq, once synonymous with conflict and chaos, is becoming a land of opportunity for Lebanese job-seekers fleeing a deep economic crisis […]
As part of the KRG's drive to promote transparency, Deloitte have been commissioned to produce an audited report detailing oil and gas exports, production costs, and revenues for the second half of 2021. The report, which analyzes the oil and gas industry on a quarterly basis, is now available as a PDF in English, Kurdish […]
By Massaab Al-Aloosy, for the Carnegie Endowment for International Peace. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Barriers to Reform in Iraq Moqtada al-Sadr, the biggest winner in the recent election, aspires to implement grand changes in Iraq, but reform is easier […]
By John Lee. The Kurdistan Regional Government (KRG) has reportedly awarded a six-month contract to conduct for a rail feasibility study to a Spanish company. Sources did not name the company, but said the cost of the report would be $2.6 million. The project will examine the feasibility of linking the border-crossings of Ibrahim al-Khalil […]
By John Lee. Bayar Company Ltd. has won a contract with the United Nations Secretariat for the "construction of 32 low-cost housing units in Tal Banat, Sinjar district, Ninewa." The contract is valued at $449,323. (Source: UNGM)
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How the Ukraine war creates opportunities, challenges for Iraq Russia and Ukraine are major breadbaskets, accounting for 30% of wheat, 17% of corn, and over half of sunflower seed oil exports worldwide. The […]
