By John Lee. Israeli cybersecurity firm Check Point has said it has discovered a new set of malware that was used in attacks against different Iraqi entities, including government networks. It says the campaign features uses a combination of techniques commonly associated with Iranian threat actors operating in the region. More here. (Source: Check Point)
By John Lee. On-demand food and Q-commerce app talabat has announced a new partnership with the Asian Football Confederation (AFC), becoming an Official Regional Partner of the AFC club competitions. Under the partnership, talabat will deliver prizes and other benefits for football fans in Iraq, the UAE, Qatar and Jordan. A spokesperson for talabat told […]
By John Lee. The Iraqi Drilling Company (IDC), in collaboration with Schlumberger (SLB), has completed the drilling of well ZB 606 at a depth of 3,463 meters in the Zubair oil field in Basra. This marks the 36th well drilled under a contract with Italy's ENI to drill 37 wells. The well was drilled using […]
By John Lee. Iraq's Ministry of Construction, Housing, and Public Municipalities has said it has made significant progress on the construction of low-cost housing units in Babylon through its subsidiary, Al-Fao Engineering Company. The project includes 480 housing units, along with service buildings such as a mosque, kindergarten, and administrative offices, as well as external […]
By John Lee. The Iraqi Ministry of Construction continues to push forward with the construction of Al-Jawahiri Residential City in Baghdad, with accelerated work on site preparation, including leveling, excavation, and soil compaction. The project, spanning 7,121 dunams [1,760 acres, 712 hectares], will feature 30,000 residential units and 10,000 serviced land plots, along with commercial […]
By John Lee. Fallujah-based Aswar Al-Dammam for General Contracting has won a contract with the United Nations Office for Project Services (UNOPS) for the "Supply of Submersible and Centrifugal Pumps and Chlorine System [in Anbar]" The contract is valued at $157,061. (Source: UNGM)
By Amr Al Housni for The New Region. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Heist of the Century prime suspects keep trial hanging for second time The main suspects in Iraq's Heist of the Century case failed to appear for their […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 12th Sept 2024). Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed on Sep. 15, 2024 (Sunday) due to a religious holiday (Prophet's Birthday). The next trading session will be held […]
By John Lee. Russian Foreign Minister Sergey Lavrov has said that Russia has invested over $19 billion in the Iraqi energy sector. "LUKOIL, Gazprom Neft and Rosneft account for the bulk of this investment," he added. The Minister made the comments at the opening ceremony of an exhibition marking the 80th anniversary of establishing diplomatic […]
By John Lee. The Kurdistan Regional Government, led by Prime Minister Masrour Barzani, has laid the foundation for a $480 million emergency water supply project in Erbil. Set for completion within 550 days, the project aims to fully resolve the city's water shortage by treating 480,000 cubic meters of water daily and supplying 20,000 to […]
By John Lee. Iraqi Minister of Oil, Hayan Abdul-Ghani, has held a series of meetings with oil industy executives during his visit to the United States: ARC Alternative and Renewable Construction LLC, represented by CEO Lonnie Coplen, and Maysoon Tawfik. Discussions involved cooperation on infrastructure development for Iraq's energy sector. Baker Hughes, led by senior […]
By John Lee. The FTTH Councils Global Alliance (FCGA) has announced that Fiber Connect Council MENA, represented by its President, Dr. Ala Mousa [Alaa Mousa; Dr Alaa Jasim], has been appointed as the Chair of the FTTH Councils Global Alliance. Dr. Mousa, who also serves as the CEO of EarthLink, Iraq, will lead the FCGA […]
