By John Lee. Fallujah-based Aswar Al-Dammam for General Contracting has won a contract with the United Nations Office for Project Services (UNOPS) for the "Rehabilitation of 109 War Damaged Shelters ( WDSs) in Ramadi." The contract is valued at $712,791. (Source: UN)
By John Lee. China's Huawei has organised a technical seminar at the Ministry of Electricity's headquarters, focused on digital transformation, the future of energy, and programs for protecting electrical systems. The seminar was attended by the Director-General of the Technical Department, along with several specialists and advanced engineering and technical staff. The participants provided a […]
Emergency health care boosted across Iraq in 2023 The W0rld Health Organization (WHO) Iraq ended 2023 having boosted the crucial life-saving skills of medical and health staff in emergency units through the rollout of the Basic Emergency Care (BEC) course. This year-long initiative has strengthened the provision of emergency health care across Iraq. In January […]
By John Lee. UK-listed Genel Energy has said that it has cut all non-essential activity and significantly reduced spend, while developing a new source of income through domestic sales in the Kurdistan Region. Meanwhile, an arbitration hearing into the termination of the Miran and Bina Bawi production sharing contracts (PSCs) is scheduled to start in […]
By John Lee. The United Nations Development Programme (UNDP) has responded to a claim that large sums are being lost to corruption in Iraq as donors fail to track spending on post-war reconstruction. According to an article in the British newspaper The Guardian: "The alleged kickbacks are one of a number of claims of corruption […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. TotalEnergies Agreement Smells Filthy The more information becomes available about this agreement, the more it exposes the extent of unfairness and damage to Iraq national interest, and the deception or scandal of […]
By John Lee. The Iraqi Cabinet has granted the Minister of Agriculture the authority to contract with the Austrian company Bauer for an amount of 300 million euros. The amount is to be converting to dollars and transferring it at the exchange rate of 1,300 Iraqi dinars. According to a statement from the Media Office […]
By John Lee. The United States has imposed sanctions on the Iraqi airline Fly Baghdad, and on its CEO, Basheer Abdulkadhim Alwan al-Shabbani. In a statement on Monday, the Department of the Treasury's Office of Foreign Assets Control (OFAC) said the airline, "provid[ed] assistance to the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and its proxy […]
By John Lee. Iraq's Oil Products Distribution Company, in collaboration with supporting security forces, have successfully broken an oil smuggling ring. According to a statement from the Ministry of Oil, a raid was carried out on a garage in the Khor Al-Zubair area, at which they seized 29 tankers loaded with oxidized asphalt [oxidized bitumen], […]
By John Lee. Iraq's Deputy Prime Minister and Foreign Minister, Fuad Hussein, has met with Director General of International Atomic Energy Agency (IAEA), Rafael Mariano Grossi, at the Agency's headquarters in Vienna. The meeting was attended by permanent representative to the IAEA, Ambassador Bakr Fattah Hussein. During the meeting they discussed prospects for cooperation between […]
By John Lee. Canada's Shamaran Petroleum and US's HKN Energy are to aquire Abu Dhabi National Energy Company (TAQA)'s interest in the Atrush oilfield in Iraqi Kurdistan. In a regulatory statement on Monday, TAQA said: "... Abu Dhabi National Energy Company PJSC ("TAQA") has, through its wholly-owned subsidiary, TAQA International BV, entered into definitive agreements […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG to brief oil producers on talks with Baghdad The natural resources ministry of the Kurdistan Regional Government (KRG) has invited international oil companies working in the Region to meet on Wednesday to discuss […]
