Denmark Grants Additional USD 4.4 Million for Explosive Hazard Management in Retaken Areas of Iraq The United Nations Mine Action Service (UNMAS) in Iraq welcomes an additional contribution of DKK 29.5 million (over USD 4.4 million) from the Government of Denmark to further enable stabilization and humanitarian efforts through explosive hazard management in retaken areas […]
By Dana Taib Menmy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Abdul Mahdi urges Kurds to help rid Iraq of US troops Iraqi caretaker Prime Minister Adel Abdul Mahdi arrived Jan. 11 in Erbil — his first official visit to the Kurdistan region since taking […]
By John Lee. US-based Schlumberger has reported that Iraq has contributed to its revenue growth in the region. In its full-year results for 2019, the company said: "Sequential international growth was led by the Middle East & Asia area, where revenue increased 5% driven by higher year-end product sales in Kuwait, Iraq, and Oman." (Source: […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan president: 'We are not scared of Iran, but we respect Iran' The assassination of Iranian Maj. Gen. Qasem Soleimani of the Islamic Revolutionary Guard Corps (IRGC) in a Jan. 3 […]
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
By John Lee. China’s Zhongman Petroleum and Natural Gas Group Corp., Ltd. (ZPEC) has reportedly announced a new drilling contract with Weatherford in Southern Iraq. Chinese media reports that the deal is worth approximately $27 million, and follows another contract with Weatherford in Iraq agreed in December. The oil field was not identified. (Source: Eastmoney)
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th January 2020). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD654 (-2.3%) / $694 (-0.9%) (weekly change) (-0.8% and -1.0% YTD change, respectively). The number of week traded […]
By John Lee. Shares in Genel Energy closed Thursday up more than 4 percent after the company issued the following trading and operations update in advance of the Company's full-year 2019 results, which are scheduled for release on 17 March 2020. The information contained herein has not been audited and may be subject to further […]
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. Foreign troops' future in Iraq uncertain as clashes continue For the security of its personnel, NATO has temporarily suspended its training activities in Iraq, given the recent violence […]
By John Lee. Human Rights Watch (HRW). has issued a report on human rights in Iraq, as part of its World Report 2020. Click here to download the report. (Source: HRW)
The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi. The meeting was also attended by provincial governors. At the start of the meeting, the Prime Minister delivered remarks about the situation in Iraq and the region. The Prime Minister affirmed that Iraq is strong and capable […]
KRG cabinet discusses reform agenda and public-private partnerships KRG Prime Minister Masrour Barzani and Deputy Prime Minister Qubad Talabani on Wednesday chaired a meeting of the cabinet to discuss the Kurdistan Regional Government’s ambitious reform agenda and the implementation of public-private partnerships. Prime Minister Barzani welcomed the cabinet’s support for the government's reforms, which will […]
