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IHEC and UNAMI conclude Lessons Learned Workshop

The Independent High Electoral Commission (IHEC) and the United Nations Assistance Mission for Iraq (UNAMI) concluded a four-day general lessons learned workshop. Throughout the workshop, which was held in Sulaymaniyah from 27-30 March, IHEC Board of Commissioners (BoC) and senior leadership together with senior officials from the UNAMI Office of Electoral Assistance (OEA) brainstormed on […]

Cultural Heritage Predation in Iraq

By Mehiyar Kathem, Eleanor Robson and Lina G. Tahan, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Cultural heritage predation in Iraq Since 2003, Iraq's elites have appropriated the country's rich cultural heritage in the service of various undesirable agendas. These […]

KRG and UAE sign MoU on Governance

KRG Prime Minister Masrour Barzani and UAE Minister of Cabinet Affairs, Mohammed al-Gergawi on have signed a Memorandum of Understanding (MoU) on governance and the exchange of information. The MoU will further cooperation between the KRG and UAE, with the UAE offering the Kurdistan Region assistance in the development of government affairs and human resources, […]

Genel Energy outlines Payments to Govts for 2021

By John Lee. Genel Energy has just published details of its payments to governments for the year 2021: Introduction and basis for preparation This report sets out details of the payments made to governments by Genel Energy plc and its subsidiary undertakings ('Genel') for the year ended 31 December 2021 as required under the Disclosure […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 31st March 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD1,060 (+1.4%) / $936 (+1.4%) (weekly change) (+15.5% and +16.2% YTD change, respectively). The number of week traded […]

GKP Revenues Triple

By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed up nearly 13 percent on Wednesday after the company announced that revenue for 2021 had almost tripled. In its results for the full year ended 31 December 2021, Jon Harris, Gulf Keystone's Chief Executive Officer, said: "I am pleased to report a year of strong […]

UN: Arbitrary Detention of Foreign Businessmen in Iraq

By John Lee. The UN Working Group on Arbitrary Detention has concluded that Australian engineer Robert Pether and Egyptian engineer Khalid Radwan were "arbitrarily detained on discriminatory grounds", and demanded their immediate release. The pair have been detained in Iraq since April 2021, following a contract dispute relating to the construction of the new Central […]

Iraqi Drilling Company signs Partnership Contract with SOCAR

By John Lee. The Iraqi Drilling Company (IDC) has signed a partnership contract with SOCAR, the the state-owned oil and gas company of Azerbaijan, for drilling and oil-field services. The Director General of the company, Bassim Abdul Karim, said that the contract involves collaboration in the field of drilling and reclamation of oil wells, noting […]

KRG "Remains Committed" to Oil and Gas Contracts

By John Lee. The Prime Minister of the Kurdistan Regional Government (KRG) has assured the region's partners in the oil and gas sector that the KRG "remains committed" to the contracts that have been signed with energy companies. Masrour Barzani told the Global Energy Forum 2022 that the contracts are "in line with our oil […]

Iraq to Resume Oil Exports to Jordan

By John Lee. Iraq and Jordan have reportedly agreed to re-start the export of crude oil from Kirkuk to the refinery at Zarqa in Jordan. The most recent deliveries to Jordan by truck were in January, and according to Jordan Times they are expected to resume in April. Exports have previously been agreed at 10,000 […]