Archive | 2022

Iraqi Judges in Crosshairs of Drug Dealers

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi judges in crosshairs of drug dealers with powerful connections Iraq has seen systematic assassinations of judges since 2003, most of whom were handling investigations into drugs and […]

Could Alkhouzai be Iraq's next Prime Minister?

The Iraqi businessman, Sheikh Mohammed Al'Khouzai [Alkhouzai], has announced that he is putting his name forward as a candidate for the position of Prime Minister. Mohammed, a long-time friend of Iraq Business News, claims support from across the political spectrum, and from a range of tribal leaders. Amongst those endorsing his candidacy are Dr. Mahmoud […]

Iraq announces Exit from Chapter VII

Iraq's Minister of Foreign Affairs, Mr. Fouad Hussein, announced Iraq's exit from Chapter VII of UN Charter after the UN Compensation Commission (UNCC) announced that Iraq had made the final reparation payment to Kuwait. In a speech during a briefing at the UN Security Council on ending the Compensation Commission's mandate over Iraq's reparations to […]

ABB partners with INTECH Process Automation in Iraq

ABB named system integrator and automation solution provider INTECH Process Automation UAE as ABB Value Provider (AVP) for the UAE and Iraq. The AVP program ensures that the services customers receive from AVPs meet the high quality standards of ABB products both globally and locally. Huseyn Tarek, Regional President - MEA&CIS Management, INTECH, said: "We […]

US put Iraqi Firms on Piracy List

By John Lee. The Office of the United States Trade Representative (USTR) has included Iraqi companies on its newly-released 2021 Review of Notorious Markets for Counterfeiting and Piracy (the Notorious Markets List). The Notorious Markets List highlights online and physical markets that reportedly engage in or facilitate substantial trademark counterfeiting or copyright piracy. "The global […]

Germany provides Additional Contribution to UNMAS in Iraq

The Federal Republic of Germany Provides Additional Contribution to UNMAS in Support of the Mine Action Sector in Iraq The United Nations Mine Action Service (UNMAS) in Iraq welcomes an additional contribution of USD 5.7 million from the Federal Republic of Germany for residential area clearance in support of stabilization initiatives and post-conflict returns in […]

Iraq Joins the Patent Cooperation Treaty

The Government of Iraq has deposited its instrument of accession to the Patent Cooperation Treaty (PCT) with the Director General of the World Intellectual Property Organization (WIPO), making Iraq the 155th member of  the PCT Union. The PCT will enter into force for Iraq on April 30, 2022. As from April 30, inventors in Iraq can file […]

Strains on Marshes imperil Ecology, Way of Life

By Nicole Di Ilio for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Strains on ancient Mesopotamian marshes imperil ecology, way of life The marshes in southern Iraq have a unique ecosystem but face dangers due to climate change, dams built […]

IDC Drills New Well at Majnoon

By John Lee. The Iraqi Drilling Company (IDC) has announced that its technical and engineering staff have started drilling oil well MJ-129 in Majnoon oil field in Basra Province. The Director General of the IDC, Bassim Abdul Karim, said that the planned depth of the well is 3,648 meters, reaching to the Mishrif formation. He […]

DNO Updates Oil Reserves

By John Lee. DNO ASA, the Norwegian oil and gas operator, today announced it exited 2021 with 321 million barrels of oil equivalent (MMboe) of net proven and probable (2P) reserves, notwithstanding production of 34 MMboe during the year. The Company's 2P reserves life stood at 9.3 years. Combined with contingent (2C) resources of 189 […]