The Nineveh Provincial Council has voted unanimously to dismiss Governor Mansour Al-Maraeed and appoint his deputy, Sirwan Rozbiani, to the post temporarily. Candidates wishing to run for the post have until Saturday afternoon to apply. However, Al-Maraeed stressed that he would continue in his post. The vote came as the National Security Agency in Nineveh […]
By John Lee. The Iraqi Ministry of Oil has reportedly announced that it will select a number of international investment companies to build five new refineries around the country: Kirkuk with a capacity of 70,000 barrels per day (bpd); Wasit capacity of 140,000 bpd; Nasiriyah capacity of 140,000 bpd; Basra card 140,000 bpd; and al-Faw […]
The Ninewa Investment Forum is taking place from 3rd to 5th December in Erbil. This two-day event will showcase investment-ready businesses to private investors from around the world. Presenting a portfolio of very attractive investment opportunities will spark a virtuous cycle of both exciting project opportunities and increased investor confidence. The event is organized by […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Manufacturing small arms – State Company for Military Industries Manufacturing medium arms - State Company for Military Industries (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
The World Health Organization (WHO) welcomes a new contribution of US$24 million from the US Agency for International Development’s Office of Foreign Disaster Assistance (USAID-OFDA) to strengthen primary, secondary and preventive health services in conflict-affected governorates in Iraq. Access to improved life-saving health services will be ensured for approximately 3.5 million beneficiaries in seven governorates […]
By John Lee. Protesters in Iraq have reportedly blocked the country’s second-largest commercial port on Tuesday. According to Fox News, they halted operations at the Khor al-Zubair port as oil tankers and other trucks were unable to enter or exit. They have also obstructed access to Umm Qasr port. (Source: Fox News)
By John Lee. Gulf Keystone Petroleum (GKP) has announced the appointment of Ian Weatherdon as Chief Financial Officer ("CFO"). Mr Weatherdon has over 25 years' experience in the international oil and gas industry and joins GKP from Sino Gas & Energy Holdings Limited where he was CFO. Sino Gas is an energy company focused on […]
By John Lee. Scottish-based KCA Deutag has announces that its land drilling operation has won new contracts in the Middle East, Africa and Europe. In Iraq, two of the company's rigs have had their contracts extended by one year. KCA Deutag currently has three rigs in Iraq. (Source: KCA Deutag)
Leaked Iran spy documents reveal extent of grip on Iraq Ground-breaking documents detailing staggering evidence of Iran’s espionage operations, bribery payments and efforts to expand influence within Iraq have been leaked to the US-based media organisation The Intercept in collaboration with the New York Times. Together they reveal the huge extent of Iran’s grip on […]
Al-Burhan Group has taken over the management of Baghdad International Airport Hotel in a joint partnership with the Iraqi Civil Aviation Authority (ICAA). The hotel consists of 100 rooms, a fitness centre with sauna and steam room, the hotel also benefits from having a conference Centre, meeting rooms, exhibition space, large landscaped gardens and ample […]
By John Lee. Turkish mills' pipe exports to Iraq have reportedly risen by 10.3 percent year-on-year for the first three quarters of this year. According to S&P Global Platts, Iraq bought 139,000 mt of steel pipe during the period. (Source: S&P Global Platts)
By John Lee. Iraq has been ranked 172nd out of 190 countries in the World Bank‘s recent Doing Business 2020 report, down from 171st place the previous year. Top of the list were New Zealand, Singapore and Hong Kong, with last place going to Somalia, just behind Eritrea and Venezuela. Iran ranked 127th, with Libya […]
