The KRG abhors the practice of so-called honour killing, and is committed to combating violence against women in all its forms. The current case of Dunya will be managed by the judicial system, which is mandated to handle such matters. Without prejudice to this case, which is currently under investigation, the KRG restates unequivocally its […]
By John Lee. Reuters reports that oil exports from Iraq’s southern terminals are on track for a record high in May. Exports are estimated at an average of 2.60 million bpd in the first 27 days of this month, which, if sustained, would beat April’s 2.51 million bpd, the highest since 2003. Southern exports are […]
By John Lee. Oilfield services company Expro has secured a multi-year contract with a leading international oil company for multiphase production testing in Iraq. The contract will provide non-intrusive multiphase production testing of oil wells in this on shore field. Selim Djandji, Region Director for Middle East North Africa, said: "This contract award highlights an […]
The Kurdistan Regional Government has announced the successful delivery via pipeline of the first quantities of natural gas from the gas field at Summail to fuel the Duhok Power Station (pictured). The Summail Gas Field lies within the area of the Duhok Production Sharing Contract (PSC) and is operated by the Norwegian company DNO, which […]
By John Lee. Foreign Minister Hoshyar Zebari arrived in the Algerian capital on Monday to participate in the Ministerial Conference of the non-aligned countries to be held in Algiers on 28-29 May 2014. The Minister will hold a number of meetings with officials of the Algerian side to discuss relations between the two countries. (Source: […]
By John Lee. Two of the three men charged in a scheme to defraud investors in Iraqi currency were found guilty by a jury in U.S. District Court last week, while the third defendant was convicted only of an unrelated mail fraud charge. According to a report from the Toledo Blade, Bradford Huebner (66) and […]
By John Lee. A contract has been signed for the export of Super Mushshak Aircraft from Pakistan Aeronautical Complex (PAC) to Iraq Air Force (IAF). The ceremony was held at the Prime Minister House, Islamabad and the Prime Minister of Pakistan, HE Mr. Muhammad Nawaz Sharif, presided the ceremony. The contract for the Super Mushshak […]
By John Lee. UK-based FurnitureInFashion has announced that the Iraq government has placed "a gigantic order" for office furniture for the Ministry of Education, Ministry of Health and other governmental bodies. The owner and Managing Director of FurnitureInFashion Asad Shamim (pictured) said: "With Iraq's plan to reconstruct the infrastructure, FurnitureInFashion saw a lot of possibility […]
Sri Lanka's National Chamber of Commerce will hold a session on ‘Bilateral Trade with Iraq’ on Tuesday, May 27, with the participation of Ambassador of Iraq, Kahtan Al Janabi (pictured) as special guest speaker. It will be held from 3p.m to 4.30 p.m at the Chamber Auditorium, No. 450, D. R. Wijewardene Mawatha, Colombo 10. The […]
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. All Talk, No Action: Iraqi Kurdistan’s New Freedom of Information Law Toothless Iraqi Kurdistan has a new freedom of information law. Despite being lauded by all local political parties, the […]
By John Lee. Growth in foreign direct investment (FDI) to Egypt, Iran, Iraq, Lebanon and Jordan should overtake the "expansion of flows" to the Gulf Cooperation Council (GCC) by 2019, according to a new report from London's Centre for Economics and Business Research (CEBR) and the ICAEW. The report focuses on the GCC member countries […]
By John Lee. In what it describes as "a timely solution for the local oil and gas market", Safar Oilfield Services has launched its new hose business at its 2,000 square meter facility in Erbil, Iraq. Through its partnership with EATON Aeroquip, Safar provides customized hose solutions for drilling companies throughout the region. Our new […]
