International learning solutions provider Atlas Knowledge has signed a landmark deal that will see it work with the Iraqi Government to deliver world class safety and technical training to the country’s burgeoning oil and gas workforce. The contract with the Ministry of Oil and Baghdad Oil Training Institute (BOTI) will see Atlas Knowledge deliver a […]
By John Lee. The weak Czech crown is complicating the reccently-agreed sale of the Czech L-159 combat aircraft to Iraq, according to reports from Prague Monitor and Hospodarske noviny (HN). The Czech government now wants Penta, the owner of the mediating firm Aero Vodochody, to pay it 850 million crowns ($35 million, 41 billion Iraqi […]
Prime Minister Haider Al-Abadi received Mr. Akhiko Tanaka, the President of Japan International Cooperation Agency (JICA) and the accompanying delegation on Monday. The meeting discussed the projects implemented by the agency and its future plans in addition to the role of Japan in supporting Iraq in different fields. Dr. Al-Abadi welcomed the delegation and commended […]
Kurdistan Region President Masoud Barzani and an accompanying senior KRG delegation met with Hungarian Prime Minister Victor Orban in Budapest on Monday to discuss bilateral ties, and the Hungarian support for the Kurdistan Region in its fight against the ISIS terrorists. In this meeting, Prime Minister Orban expressed his country’s strong support for the people […]
By Shelly Kittleson for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Restrictions on Iraq's displaced people worsen Shiite-Sunni divide Shiite Turkmen who fled Islamic State (IS, ISIS, ISIL) beheadings in northwestern cities have traveled several hundred kilometers to places of pilgrimage and […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Flirting With The Law: Baghdad's Policewomen Experiment On The Roads In Baghdad, an experiment that sees women police officers directing traffic for the first time in years has become a […]
By John Lee. Iraq plans to export a record volume of crude oil from its Gulf ports in June, reports Reuters. The State Oil Marketing Organization (SOMO) has reportedly allocated over 3.1 million bpd of Basra crude to buyers in a preliminary June loading programme, up from the usual monthly total of between 2.6 million […]
By John Lee. Kuwait's Zain Group has reported a 26.7 percent fall in first-quarter profit on Tuesday, as its Iraq business suffered from political instability and intense competition. Zain Group CEO, Scott Gegenheimer (pictured) noted: “The quarter reflected mixed results in what were quite challenging conditions in several of our key markets, especially Iraq where […]
By John Lee. Shares in ShaMaran Petroleum were trading down 10 percent on the Vancouver stock exchange, following the announcement of its financial and operating results for the three months ended March 31, 2015: Production Facilities Implementation of the 30,000 bopd Atrush Phase 1 Production Facility is in progress. Construction has continued on foundations for […]
By John Lee. A report from the Financial Times claims that an Iraqi company has helped to Iran acquire nine large commercial aircraft, in defiance of international sanctions. According to the report, Iran's Mahan Air, which is blacklisted by the US and Europe because of alleged links to Iran’s revolutionary guard -- allegations denied by […]
Hermes Datacomms, a leading global provider of managed networks for the upstream oil and gas industry, part of the SpeedCast Group, today announced the opening of its newest office in Erbil, Iraq. The new facility is in direct response to increasing demand for services from the oil and gas sector in Iraq and will enable […]
Iraq’s new Displacement Tracking Matrix (DTM) published this week recorded 2,834,676 internally displaced Iraqis from January 2014 through 25 April2015. The majority of the new displacement identified in the two-week period was caused by conflict in the Ramadi area of Anbar governorate. Following the outbreak of the Ramadi crisis, which occurred around 10 April, DTM […]
