On Monday, June 19, 2023, Prime Minister Masror Barzani of the Kurdistan Regional Government (KRG) held a meeting with Steve Lutes, Vice President of Middle East Affairs at the US Chamber of Commerce. Accompanied by a delegation from the Chamber and Irvin Hicks, the US Consul General in the Kurdistan Region, the meeting aimed to […]
The Iraq Britain Business Council (IBBC) has presented the Rasmi Al Jabri Award to Mr Amet Selman, the CEO of AAA Holdings Ltd. The Award is given annually by the IBBC to recognise achievement and performance by an Iraqi-owned business that exudes the standards of business excellence promoted by the late Mr Rasmi Al Jabri, the IBBC's […]
On Monday, June 19, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) held a meeting with Hans Sandee, the Ambassador of the Kingdom of the Netherlands to Iraq. Their discussions centred around the latest political developments in Iraq, with a specific focus on the Kurdistan Region's relationship with the Kingdom of the […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul-Ghani has announced the launch of the sixth licensing round for exploration of 11 gas blocks: Tel Hajar (Tell Al-Hajjar) Block - Nineveh Governorate Khliesiea (Al-Khaleesa) Block - Nineveh and Anbar Governorates Anbar Block - Anbar Governorate Anah (Aana) Block - Anbar Governorate Anz (Al-Anz) Block - […]
By John Lee. KRG Prime Minister Masrour Barzani has said that, while the KRG's financial reforms project is still in its preliminary stages, its ultimate goal is to digitise the public sector's payroll, benefiting 1.2 million civil servants. Additionally, the project aims to involve the private sector to ensure accessibility and convenience for everyone in […]
By John Lee. Gulf Keystone Petroleum (GKP) provided an operational and corporate update on Friday. Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "Gulf Keystone entered 2023 following a year of strong operational and financial performance and continued delivery against the Company's disciplined strategy of investing in profitable production growth, sustainable shareholder returns and […]
By Hamdi Malik and 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. Three New Facade Groups Launched in Iraq Efforts are being made to create new brands for anti-U.S. resistance on Iraqi soil, while […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. UK 'extremely supportive' of KRG digitalization process: Diplomat The United Kingdom is assisting in the Kurdistan Regional Government's (KRG) digitalization strategy and is "extremely supportive" of its transformation into a digital government, one of […]
By John Lee. Texas-based oilfield services company ADS Services has signed a partnership contract and joint submission agreement with the Iraqi Drilling Company (IDC) to provide oil services. According ot a press release, the collaboration will focus on introducing and integrating dynamic pressure control systems on IDC's fleet of drilling rigs. Charles Orbell, CEO of […]
By John Lee. Baher Alshamal Co. Ltd. has won a new contract with the United Nations Assistance Mission for Iraq (UNAMI) for the construction of a "Woman Shelter" in Ramadi, Anbar. The contract is valued at $217,000. (Source: UNGM)
By John Lee. The United Nations Development Programme (UNDP) has published an article on the Al-Hayane Farm in Iraqi Kurdistan, which is using hydroponic techniques to grow fruit and vegetables using less water than conventional farming methods. Full story here. (Source: UNDP)
By John Lee. Iraqi Prime Minister, Mohammed Shia Al-Sudani, met with a delegation from the Iraqi-American Business Council on Wednesday, led by the council's president, Steve Lutes, Deputy Vice President of the US Chamber of Commerce for Middle East Affairs. During the meeting, Prime Minister Al-Sudani stated that Iraq is qualified to be an attractive […]
