By John Lee. Médecins Sans Frontières (MSF) [Doctors Without Borders] has closed two health facilities in Mosul, claiming that their work has been made impossible by the bureaucracy in Iraq. Full text of statement from MSF: MSF halts medical activities in Mosul due to administrative obstacles Essential medical activities have been suspended at two health […]
The United Kingdom and the Republic of Iraq agreed a joint communiqué to mark the UK-Iraq Strategic Dialogue, held in London on 3-4 July 2023: The Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom and Northern Ireland, the Rt Hon James Cleverly MP, hosted, Deputy Prime Minister and Minister of […]
From Tasnim, under Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. No Problems in Way of Financial Exchanges between Iran, Iraq: Official There are no problems in the way of financial exchanges between Iran and Iraq, an Iranian official said. Chairman […]
By John Lee. Khalid Hamza, the General Manager of the Iraqi Drilling Company (IDC), has said the company has completed the drilling or development of 86 oil wells in the first half of 2023. This included the successful completion of the 24th well in the Majnoon oil field, reaching a depth of 3,079 meters, in […]
By Salim A. Essaid for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Saudi Arabia, UAE invest $6 billion in Iraq operations The United Arab Emirates and Saudi Arabia will join together to boost trade and commerce in Iraq. Click here […]
By John Lee. KBR has announced that it has settled a legacy lawsuit pending in federal court, USA ex rel Howard v. KBR, Inc. et al. Stuart Bradie, KBR President and CEO, said: "We are pleased to put this decade-old lawsuit behind us as we close out one of our final legacy legal issues. We […]
By John Lee. Iraq's parliamentary oil and gas committee has said the government plans to increase oil production to over 5 million barrels per day (bpd). According to state-run Iraqi News Agency (INA), member of the committee, MP Zeinab Juma al-Mousawi, stressed the importance of facilitating an investment-friendly environment by offering protection and incentives to […]
By John Lee. Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, has held talks with Phil Malem, the Chief Executive Officer (CEO) of Serco Middle East. According to a statement from Iraq's Ministry of Foreign Affairs, the discussions aimed to resolve outstanding disputes between the UK-based company and relevant Iraqi authorities. The meeting […]
From Tasnim, under Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. An Iranian official confirmed that the Iraqi government has released all of Tehran's frozen assets, amounting to $10 billion worth of energy debts. The funds have been deposited into an […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey extends flight ban on Iraqi Kurds' Sulaimaniyah airport over alleged PKK support Turkey said its latest ban is in response to "the intensification of activities by the PKK […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for June: Total exports of crude oil: 100,059,052 barrels Revenues from crude oil exports: $7.115 billion Oil fields in central and southern Iraq accounted for 98,725,620 barrels of crude oil exports. Exports from Kirkuk through the port of Ceyhan have been suspended. Oil […]
By John Lee. Northrop Grumman Systems Corp., Fort Worth, Texas, has been awarded $13,561,913 modification (P00014) to a previously awarded contract (FA8617-21-C-6237) for contractor logistics support of Iraq's C-172 and C-208 fleets. The modification brings the total cumulative face value of the contract from $33,031,313 to $46,593,226. Work will be performed at Balad Air Base, […]
