Author Archive | Editor

New Recommendations to Enhance Local Policing

Pathway to peace: New recommendations to enhance local policing programmes in Iraq Designing adaptable programmes, promoting the role of women in policing, and streamlining international interventions and are some of the key recommendations made by the United Nations Development Programme (UNDP) in a recent conflict assessment on local policing in Iraq. Conflict Assessment in Support […]

PM announces Date for Early General Election

By John Lee. Iraq's Prime Minister Mustafa al-Kadhimi has announced an early general election for 6th June, 2021, roughly a year ahead of when it would normally be held. According to Reuters, the Iraqi parliament must ratify the election date. The United Nations Assistance Mission for Iraq (UNAMI) welcomed the announcement. The Special Representative of […]

Iraqis face Record-Breaking Heat, Electricity Cuts

By Adam Lucente for Al Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqis face record-breaking heat, electricity cuts Iraqis are contending with record-breaking temperatures and a poorly functioning electricity system as a heat wave sweeps across the country. On Tuesday, the Iraqi capital, […]

Three Iraqi Start-Ups get Seed Funding

By Ali Al-Makhzomy, for The Station. Re-published with permission by Iraq Business News. Five One Labs recently hosted an online Start-up Showcase to celebrate the graduation of their first-ever Arabic incubator program in c. Over 90 attendees joined the event from Iraq, Germany, USA and other places. Ten of the entrepreneurs gave brief overviews of […]

Second former Unaoil Executive Sentenced for Bribery

Second former Unaoil executive sentenced for bribery in post-occupation Iraq Stephen Whiteley, Unaoil's former territory manager for Iraq, has today become the second Unaoil executive to be sentenced for paying over $500,000 in bribes to secure a $55m contract to supply offshore mooring buoys. He was sentenced by HHJ Beddoe to 3 years' imprisonment. This […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th July 2020). Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed starting from Jul. 30, 2020 to Aug. 9, 2020 due to the religious holiday of Eid Al-Adha. The next trading […]

Govt Not Giving Up on Early Elections

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi government not giving up on early elections Despite the fact that most political parties in Iraq agreed to hold elections as soon as possible, and the government of […]

Japanese Firm Wins $4bn Iraq Project

By John Lee. Iraq's Council of Ministers has approved a contract with Japan's JGC Corporation to build a 55,000-bpd refinery in Basra province. According to a statement from the Ministry of Oil, the new plant will create 7,000 jobs, in addition to 70,000 during the construction phase. The General Manager of the South Refineries Company […]

Hyundai to Build Al-Khairat Power Station

The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Cabinet discussed the needs of Iraq's health sector, and agreed several measures to expand existing capacity and introduce new services. The measures included: Adding additional ward capacity for the treatment of cancer patients at the National Amal Hospital and the […]

DNO "Steps Up Activity"

DNO ASA, the Norwegian oil and gas operator, today reported stepped up investments across its portfolio on the back of higher production and significantly improved liquidity outlook as the Company recovers from the oil market turmoil that upended the second quarter of 2020. Operated production in July at the Company's flagship Tawke license in the […]

Covid-19 Hits Asiacell Earnings

By John Lee. Government measures designed to limit the spread of the COVID-19 pandemic impacted Asiacell's results for the half year ended June 30, 2020. The company reported revenues of QAR 1.9 billion in H1 2020, down 10% compared to the same period last year. As a result, EBITDA declined to QAR 828 million (H1 […]