Author Archive | Editor

Kurdistan Criticised On Press Freedom

By John Lee. The Committee to Protect Journalists (CPJ) reports that journalists in Iraqi Kurdistan say they must self-censor on topics like religion, social inequality, and corruption associated with powerful officials. Their report states that over the past few years the nonprofit advocacy group Metro Center to Defend Journalists, based in Sulaymaniyah, has recorded in […]

US Ambassador Praises IHEC’s Election Efforts

U.S. Ambassador Stephen Beecroft (pictured) and U.S. Embassy staff met on Tuesday April 22 with Mr. Sarbast Rashid Mustafa, the Chairman of the Independent High Electoral Commission (IHEC) and Mr. Muqdad Alsharify, the Chief Electoral Officer of IHEC. Chairman Mustafa and CEO Alsharify outlined for the Ambassador the extensive plan that IHEC has in place […]

Zain Profits Up on Gains in Iraq, Kuwait

By John Lee. Kuwait-based Zain reported an 8 percent rise in first-quarter profit on Monday, as earnings from Iraq and its domestic business rose. According to the company's report: "Zain Iraq ... performed exceptionally well in the first quarter of 2014 with revenues of US$432.3 million, EBITDA of US$167.8 million and net income of US$78.3 […]

Genel Energy Interim Management Statement

Genel Energy has issued the following Interim Management Statement for the period from 1 January 2014 to today (Tuesday 2nd April). The statement was issued ahead of the company'ss Annual General Meeting. PRODUCTION AND REVENUE 2014 production and revenue guidance unchanged at 60,000-70,000 boepd and revenue of $500-600 million Net working interest production for the […]

KRG Min. of Natural Resources Publishes Annual Report

The Kurdistan Regional Government (KRG)'s Ministry of Natural Resources (MNR) announces the publication of its Annual Financial Report for 2013, a detailed and comprehensive guide to the financial operations of MNR. The report includes revenue figures from crude oil production, local crude oil sales, the selling of refined products, and bonuses and capacity-building support derived from […]

Lessons Learned on Water Management

Under the framework of the IPSM-Phase II Programme, a knowledge sharing workshop was conducted to familiarize the concerned participants from the two pilot areas in Duhok and Najaf on decentralized water management with reform success stories and challenges. The event was held in Erbil, in the General Directorate of Water and Sewerage on 14-15 April […]

Slovakian Ambassador visits Kurdistan

The Head of the Department of Foreign Relations (DFR), Minister Falah Mustafa met today with the Slovakian Ambassador to Iraq, Mr. Miloslav Nad to discuss furthering bilateral relations between the Slovak Republic and Kurdistan. The meeting was also attended by the Assistant Head of the DFR, Ms. Siham Jabali and the Honorary Consul of the […]

Terraseis Deploys New System in Kurdistan

Terraseis, a seismic acquisition contractor focused on operating in challenging environments, is deploying a Three-Component seismic recording system in the Kurdish Region of Iraq to carry out a seismic 3D survey that shall include 3-C data acquisition. This shall be the first 3-C project in Kurdistan and follows on a string of seismic firsts achieved […]

Candidates’ Posters the Butt of Jokes

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. Iraq Votes 2104: ‘Standing On The Titanic’ – Candidates’ Posters Become Butt of Jokes Election campaign posters are telling cynical Iraqi voters nothing – there is barely any information on political […]

Tags:

Sistani Calls on Voters to 'Choose Wisely'

By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Months ago, Ayatollah Ali al-Sistani began to guide the Iraqi public through statements regularly issued by him or his office, focusing on the need to fix the current situation. Sistani's guidance is going even […]

Faruk Medical City (FMC) Opens

By John Lee. The new Faruk Medical City (FMC) has been opened in Sulaimaniyah. Build by Faruk Mustafa Rasool, one of the country's richest men, the facility has 210 beds, with 53 clinics and 24 specialists. Chief medical officer of FMC, Firya Peryadi, said: “Once Iraq had the best doctors and hospitals of the region, but […]

Special Ballot for Army Causes Concern

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. Two days before the rest of the country does, over one million members of Iraq’s military will vote in general elections. The questions are clear: Will the army simply be loyal […]

Tags: