By John Lee. The CEO of the National Iranian Gas Company (NIGC) has said Iran is ready to extend its gas export deal with Iraq. Majid Chegeni, who is also the Deputy Minister of Petroleum for Gas Affairs, said: "Our relationship with Iraq is strategic and apart from economic relations, we have deep cultural and […]
By John Lee. US-based Textron Aviation Defense has been awarded a $15,669,011 firm-fixed-price contract with cost-plus-fixed-fee and cost-reimbursable contract line item numbers for support and sustainment of the Iraq Peace Dragon program. This contract provides for field service representatives, program management, core/field engineering, and repair-and-return. Work will be performed in Wichita, Kansas; and Martyr Mohammed […]
By John Lee. The World Bank has approved a new US$100 million project to scale up Iraq's health sector response to the COVID-19 pandemic. The Iraq COVID-19 Vaccination Project will support the rollout of COVID-19 vaccinations to priority population groups and strengthen the institutional systems needed to enable the safe and effective distribution and use […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq to Close Airports and Borders for October Election Iraqi authorities have prioritized security in the lead-up to the first election since 2018. Click here to read the full article.
By John Lee. A revealing report by Samya Kullab, for AP News, exposes the system of corruption and patronage that keeps Iraq's electricity system in the dark ages. Click here the read the full report. (Source: AP News)
Western Anbar communities see improved basic services with the completion of USAID-funded projects The United Nations Development Programme (UNDP) and the United States Agency for International Development (USAID) are pleased to announce the reopening of five facilities in western Anbar to provide essential services to more than 210,000 residents. UNDP rehabilitated these facilities with funding from […]
Ministers of Labour and Social Affairs and social partners meet with ILO to discuss joint activities to advance decent work in Iraq, with support of the European Union A Steering Committee, represented by ILO's tripartite partners, held its first meeting to discuss progress made in the implementation of a project, supported by the European Union, […]
By Dennis Ross, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A Pro-Israel Summit in Erbil Breaks New Ground At great personal risk, Iraqi civil society leaders gathered to demand entry into the Abraham Accords, and […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for September of 92,422,485 barrels, giving an average for the month of 3.081 million barrels per day (bpd), up slightly from the 3.054 million bpd exported in August. The exports from the oilfields in central and southern Iraq amounted to approximately 89,224,354 barrels, […]
By John Lee. Miswag, the Iraq-based B2C online marketplace, is reported to have successfully raised $1.6 million in a "Pre-Series A" funding round. According to The Start-up Scene, this brings its total investment raised to nearly $3 million since 2019. It adds that Miswag will use the funding to expand its commercial and technological teams […]
By John Lee. UK-based international law firm Clifford Chance has announced that it has advised International Finance Corporation (IFC) and Japan International Cooperation Agency (JICA) on the US$125 million financing of the development, construction, equipping and operation of both new and existing facilities at the Umm Qasr Port in Iraq. In a press release, the […]
IBBC Iraq Business Forum and the awarding of the Rasmi Al Jabri prize to Al Burhan Group The Iraq Britain Business Council (IBBC) hosted over 200 Iraqi SME's in Westminster Central Methodist Hall in London on Monday 27th September at the Business Forum event. The sessions were jointly chaired by Richard Cotton and Muhanad Alkhattab […]
