By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Is another economic crisis looming in Iraq, with dropping oil prices? Political and security crises in Iraq have been escalating, and the coronavirus outbreak has recently been added to […]
By John Lee. The Cabinet held its regular weekly meeting in Baghdad on Thursday under the chairmanship of Deputy Prime Minister and Minister of Oil, Thamir Ghadhban. It reviewed the impact of restrictions to contain covid-19, including curfews, on the health, financial and service sectors, and discussed measures to lessen the burden on Iraqis, receiving briefings from […]
Despite the combined pressures of a global pandemic, political deadlock, falling oil prices and continued violence against government forces and others, SKA has continued to deliver over 90% of Iraq's imported fuel requirements. SKA's unique partnership with the Ministry of Oil's Oil Pipeline Company (OPC) and the close cooperation of Ministry of Transport's General Company […]
By Bryant Harris for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. US provides Aid to help Iraq fight Coronavirus The US Embassy in Baghdad announced today that is providing $670,000 to help Iraq fight the novel coronavirus pandemic. "Today's announcement shows the strength of the […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. This article was originally published by the LSE Middle East Centre. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq's Power Conundrum: How to Secure Reliable Electricity While Achieving Energy Independence Iraq remains […]
By John Lee. IFC, a member of the World Bank Group, is investing over $26 million in a new 161-bed hospital in Erbil in the Kurdistan Region of Iraq. The facility will increase the availability of quality healthcare services and help address gaps in the country's healthcare infrastructure. The $92 million Seema Hospital project is […]
By John Lee. Genel Energy's newly-appointed Senior Independent Non-Executive Director and Deputy Chairman has purchased shares in the company. Former UK Minister for Defence Sir Michael Fallon bought 9,000 shares on Thursday at £1.0967 per share, for a total price of £9,870.30. He was appointed to the board in early February. (Source: Genel Energy)
Due to a combination of security conditions and restricted travel options as a result of the global COVID-19 pandemic, the US State Department has ordered the departure of designated U.S. Government employees at the U.S. Embassy in Baghdad, the Baghdad Diplomatic Support Center, and the U.S. Consulate General in Erbil. Visa services at both posts […]
By Hassan Ali Ahmed 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 officials, clerics unite against COVID-19 As the number of coronavirus cases grows rapidly in Iraq, the Shiite religious establishment is offering to help the government, campaigning […]
By Toby Dodge and Renad Mansour, for the Institute for Global Engagement. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sectarianization And De-Sectarianization In The Struggle For Iraq's Political Field Iraq's political system, an elite pact justified through ethno-religious consociationalism or sectarian apportionment (Muhasasa Ta'ifiyya), […]
By Bryant Harris for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Coronavirus forces partial US troop drawdown in Iraq The US-led global coalition to defeat the Islamic State announced today that the coronavirus pandemic has forced "temporary adjustments" in the […]
By John Lee. The China Petroleum Engineering & Construction Corp (CPECC) has reportedly won a $203.5 million engineering contract to treat sour gas at the Majnoon oilfield in Iraq. According to Reuters, the field is now producing around 240,000 barrels per day (bpd), with plans to boost output to 450,000 bpd in 2021. Originally awarded […]
