Archive | 2023

Launch of University of London in Erbil

IBBC members celebrate the launch of University of London in Erbil with GEMS and partners at Senate house. On 15 March at Senate House, GEMS and University of London celebrated the relationship between GEMS and the University of London and partners, including Cambridge Education and Stirling Education, and the launch of its new campus in […]

GKP Shares Rise following Results Announcement

By John Lee. Shares in Gulf Keystone Petroleum (GKP) were trading up nearly five percent on Thursday after the company announced its results for the full year ended 31 December 2022 and the 2022 Competent Person's Report: Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "We delivered strong operational and financial performance in 2022 […]

Peshkabir Passes Hundred-Million-Barrel Milestone

DNO ASA, the Norwegian oil and gas operator, today reported that cumulative oil production from its Peshkabir field in the Kurdistan region of Iraq has broken through the 100 million-barrel milestone less than six years after startup. The field was initially estimated to contain proven and probable reserves of 75 million barrels of oil commingled […]

The Iraq Invasion, 20 Years Later

From the MIT Center for International Studies. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Reprinted with permission of MIT News. 3 Questions: The Iraq invasion, 20 years later This week marks the 20th anniversary of the United States-led invasion of Iraq. Code-named […]

Al-Burhan Group is first ever IATA Trainer in Iraq

IATA awards Al-Burhan Group first ever Regional Training Provider (RTP) license in Iraq Al-Burhan Group are pleased to announce its partnership with IATA in forming a Regional Training Provider (RTP) Centre in Baghdad, Iraq. The first of its kind ever in Iraq. We hope that this unique and leading facility will guide multiple organizations and […]

French Company Presents Study on Iraqi Container Traffic

By John Lee. The Director General of Iraqi Railways has held a meeting with a delegation from the French shipping company CMA CGM. The delegation presented a study on transporting containers via rail through the country. The Director General stated that the Ministry of Transport, under the directives of Mr. Razzaq Muhibis Al-Saadawi, the Minister […]

Genel Energy Shares Rise on Full-Year Results

Shares in Genel Energy rose nearly five percent on Wednesday as it announced its audited results for the year ended 31 December 2022. Paul Weir, Chief Executive of Genel, said: "Our production business generated record cash flow in 2022, building our significant financial resources and resulting in a net cash balance at the end of […]

Iraqi Youth find Work in Creative Ways

By Meethak Al-Khatib and Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. With few job openings, Iraqi youth find work in creative ways As Iraq's economy struggles, Al-Monitor spoke to young Iraqis who are making money via video […]