Businesses across the Middle East and North Africa will get a £4.5 million boost from the UK, Prime Minister David Cameron announced at the World Islamic Economic Forum on Tuesday. The UK’s funding to the Nomou business fund will be matched by the Shell Foundation to support ‘missing middle’ businesses - those too large for […]
By John Lee. Shares in Genel Energy closed the day unchanged on Wednesday following the issueing of its Interim Management Statement for the period from 01 July 2013 to 29 October 2013. The Company will announce its full year 2013 Trading Statement and Operational Update on 15 January 2014. Full year 2013 results will be […]
By John Lee. Gulf Keystone Petroleum (GKP) announced today the launch of an offering of senior unsecured convertible bonds which will be issued in a principal amount of US$ 50 million. The New Bonds are to be issued on the same terms (save for the issue price) as, and shall be consolidated and form a […]
By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Abu Ahmad blows puffs of smoke from his cigarette into the air while standing in front of a pile of used clothes he has spread out on the ground in Bab […]
A Polish delegation headed by the Director of the Department of Economy from the Marshal Office of the Wielkopolska Region, Beata Joanna Łozińska, met with the Head of the KRG Department of Foreign Relations, Minister Falah Mustafa, to discuss ways of furthering bilateral relations between Kurdistan and Poland. The meeting was also attended by the […]
By Ala Jaff. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Kurdistani Police and Children: Policing Future (Great) Citizens, Not Today’s Criminals While the police services in Kurdistan are moving at groundbreaking speed in terms of police “reform”, there is still much needed progress when […]
By Nathan Herring. The installation of a new MRI at the Basra Children’s Hospital in Iraq brings the facility one step closer to diagnosing and treating childhood cancer, one of the leading causes of death in Iraqi children. The U.S. Army Corps of Engineers (USACE), Middle East District oversaw the MRI project and the construction […]
By John Lee. A former Marine has been sentenced to five years and three months in federal prison for his role in corruption in Iraq. LA Times reports that former staff sergeant Gilbert Mendez is the 10th Marine who was stationed at Camp Fallouja to be convicted of corruption or fraud-related offensives. Mendez, who served […]
Abu Dhabi-based Rotana, a leading hotel management company, announced the general manager and other senior appointments for its new property in Iraq, the five-star Karbala Rayhaan by Rotana. General manager Nader Mobader, a seasoned hospitality player with 18 years of industry experience in Asia, Africa and the Middle East, has been leading the team through […]
The Head of the Department of Foreign Relations, Minister Falah Mustafa, this week welcomed Mihaita Ena, the new Head of Romania’s Consular Office in Erbil and expressed his hope of seeing more interaction between their two countries. Minister Mustafa congratulated Mr Ena on his appointment and assured him of the Department’s readiness to work closely […]
By Mustafa Habib. 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. Why Iraqi Mps Can Never Pass a Law, And Why it May Endanger 2014 Elections The Iraqi parliament has become notorious for never passing an important […]
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. Two years ago, famous Iraqi activist Hanaa Edwar stood up against Prime Minister Nouri al-Maliki while attending the National Conference on Human Rights in Iraq. She told him that he harbored hatred […]
