Petroceltic International, the independent oil and gas exploration development and production company focused on the Middle East North Africa, the Mediterranean and the Black Sea regions, today announces its results for the six month period ended 30 June 2013. Highlights: High impact drilling campaigns in Kurdistan and Romania recently commenced $500 million debt refinancing Agreement […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 5th September 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,743 (+0.2%) / $1,873 (-0.1%) (weekly change). The number of week traded shares was 5.6bn and the weekly […]
The Private Sector Development Centre (PSDC) in Iraq in partnership with Chamber Trade Sweden and the support of The World Bank and SIDA carried out a 2-day workshop at the Swedish Embassy in Baghdad on the 2nd and 3rd of September 2013. Presentations were made by Swedish experts on: Labour Market Regulations – Good Practices. […]
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. Iraqis know better than most that military intervention comes at a price. Ten years after foreigners invaded their country and toppled their dictatorship, the country still […]
By John Lee. Standard Chartered has received approval from the Central Bank of Iraq to open branches, according to a report from The Standard. The London-based bank plans to open three branches in Baghdad and Erbil by the end of 2013 and Basra in 2014. It said its main aim is to meet the increasing […]
Prime Minister Nechirvan Barzani (pictured) has opened the Kurdistan Careers job fair and launched Kurdistan Works, an employment and training information website provided by the Kurdistan Regional Government to promote recruitment to the private sector. Mr Barzani said: "Today I believe we take a modest step, a simple step, but a necessary step. This job […]
By Ahmad al-Rubaie. 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. Fantasy Buffer Zone: Baghdad Youths Plan ‘Mini-Iraq’ the Way it Should Be For many educated young Iraqis, there’s no escaping the grim realities of daily life: […]
In a visit organised by the Kurdistan Student Union (KSU), Minister Falah Mustafa received a large group of German students and teachers from leading universities and institutes. This is part of a broader initiative by KSU in encouraging exchange of visits and to promote discussions and research about the history, cultural and progress of the […]
By John Lee. ICR reports that a consortium of ASEC Cement and Iraq's Qemmet El-Iraq has won a contract to rehabilitate and manage the Muthanna Cement plant for 14 years. Attending a signing ceremony in Baghdad with Southern Cement, the state holding company that controls Muthanna Cement, ASEC Cement Chairman and CEO Giorgio Bodo said: […]
Nokia Solutions and Networks (NSN) has announced the inauguration of its new office in Erbil, the capital city of Kurdistan region in Iraq. Until now the company has been operating at a different location in Erbil. This is NSN’s fourth modern office in Iraq, with the other offices located in Baghdad, Sulaymaniyah, and Basra to […]
More than 75 civil society leaders, government officials, and members of Parliament endorsed today the new policy on relations between the parliament, government, and non-governmental organizations (NGOs) in the Kurdistan Region. A signing ceremony was held at the Canyon Hotel in Erbil to mark adoption of the Compact on Partnership and Development between Public Authorities […]
By Ali Abdel Sadah for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On Aug. 26, 2013, the Federal Supreme Court of Iraq announced that it had overturned a previous law, passed by parliament, that limits the president, prime minister and parliament speaker to two terms […]
