By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for February of 98,347,884 barrels, giving an average for the month of 3.391 million barrels per day (bpd), up from the 3.306 million bpd exported in January. These exports from the oilfields in central and southern Iraq amounted to 95,805,196 barrels, while exports […]
By John Lee. According to statistics from Turkey's official statistical office, TurkStat, the country sold $20 million more to Iraq in January than it imported. In January 2020, Turkey's main partner country for exports was Germany with $1.415 billion, followed by Italy with $888 million, the United Kingdom with $869 million, Iraq with $816 million,s […]
Hospitals and bridges: Major sites re-open in Ramadi highlighting city’s recovery The Government of Iraq has re-opened two major infrastructure projects in Ramadi following their rehabilitation by the United Nations Development Programme (UNDP). The re-opening of Ramadi Maternity Hospital and the Palestine Bridge marks a significant moment for the recovery of the city after years […]
Directorate of Planning in the Ministry of Agriculture and Water Resources and FAO discuss veterinary services in Kurdistan Region The Ministry of Agriculture and Water Resources-Directorate of Planning in the Kurdistan Region of Iraq and the Food and Agriculture Organization of the United Nations (FAO), has held a consultation meeting on improving animal health services. […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Palestinians in Iraq protesting to have their rights restored Palestinians living in Iraq have taken to Tahrir Square in Baghdad alongside Iraqi demonstrators to fight for their rights as refugees. The United Nations […]
By Sajad Jiyad for The European Council on Foreign Relations (ECFR). Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Since October, protesters on the streets of Iraq have used one slogan more than any other: “we want a homeland”. Despite hundreds of reported […]
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. Protesters in Iraq have changed the venue of their protests from Baghdad to Nasiriyah in Dhi Qar province, 360 kilometers (223 miles) south of the Iraqi capital. Decisions on the revolution will […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th February 2020). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD600 (+0.5%) / $6439 (+0.1%) (weekly change) (9.0% and -8.2% YTD change, respectively). The number of week traded […]
By John Lee. Iraq's parliament failed to achieve a quorum on Thursday, resulting in the postponement of a confidence in the government of Prime Minister-designate Mohammad Allawi. Parliament's Speaker, Mohammed Halbousi, postponed the session until Saturday. (Sources: AFP, Anadolu Agency)
By John Lee. Genel Energy is reportedly considering whether to expand its operations in Kurdistan and elsewhere. CFO Esa Ikaheimonen (pictured) is quoted as saying that the company has net cash of about $100 million, is open to merger and acquisition opportunities. (Source: Reuters)
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Rest Station- Descendant 000 + 49, Ministry of Construction and Housing Rest Station- Ascendant 500 + 366, Ministry of Construction and Housing Rest Station- Ascendant 000 + 514, Ministry of Construction and Housing Rest Station- Descendant 200 + 101, Ministry of […]
By John Lee. GB Auto (Ghabbour Group) has reportedly decided to cease its representation of Hyundai passenger cars in Iraq. According to Daily News Egypt, the company rejected Hyundai's new multi-distributor strategy, on the basis that such models never yield proper returns on investment. It adds that Hyundai had a market share of approximately 25 […]
