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. Iraqi Minister of Trade Mohammed Hashim al-Ani announced July 5 that the ministry received about 4 million tons of local wheat, a step that signals the country is ready to achieve […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market’s action in July was so quiet that it turned activities like watching paint dry into spectator sports, as the start of the peak […]
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 […]
The ISIL conflict displaced 6 million people in Iraq, disrupted the national economy and limited employment opportunities for citizens. Sixty per cent of jobs in Iraq are in the private sector, within Small and Medium Enterprises (SMEs); very large numbers of those businesses experienced loss as a result of the conflict and need support to […]
The Protection Cluster in Iraq launched a new service mapping tool “Services Advisor Platform”, which is ready to use. The tool displays 252 service locations across Iraq for over 50 NGOs and UN agencies providing General Protection, GBV, Child Protection, HLP and Mine Action services. The main page of this tool can be accessed through […]
By John Lee. Iraq is reported to be close to reaching a deal with BP and Eni for an export pipeline project. Al Jazeera quotes senior Iraqi oil officials as saying that the project was initially planned as part of a "megadeal" with ExxonMobil. They said that under the proposed $400-million agreement, BP and Eni […]
Advertising Feature Note: ISX will be closed starting from Aug. 11, 2019 to Aug. 15, 2019 due to the religious holiday of Eid Al-Adha. The next session will be held on Sunday (Aug. 18, 2019). Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th August 2019). Please click here to download a table […]
By John Lee. A Chinese company has reportedly signed a $1.39-billion construction contract in Iraq. According to Xinhua, China Construction Third Engineering Bureau will implement civil engineering projects and infrastructure in southern Iraq, including low-cost housing, education, medical centres, and facilities projects in governorates of Najaf, Karbala and Basra. (Source: Xinhua)
The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mr. Adil Abd Al-Mahdi. It approved: the recommendation of the Ministerial Energy Council on the service contract for Al-Mansuriyah oil field in Diyala province; a draft law on public-private partnership to strengthen cooperation between government agencies and the […]
By John Lee. The United Nations has advertised new positions in Iraq: Budget & Programming Associate, WFP - World Food Programme Administration Officer, WFP - World Food Programme Administration Associate, WFP - World Food Programme Finance Associate, WFP - World Food Programme Grant Manager, Humanity and Inclusion (HI) Inclusive Livelihood Technical Advisor, Humanity and Inclusion […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Business Support Assistant, WFP - World Food Programme Administration Assistant, WFP - World Food Programme Programme Assistant, UNAMI - United Nations Assistance Mission for Iraq Project Assistant. UNAMI - United Nations Assistance Mission for Iraq Camp Management Officer, Danish Refugee Council (DRC) […]
Genel Energy has announced its unaudited results for the six months ended 30 June 2019. Bill Higgs (pictured), Chief Executive of Genel, said: "These results demonstrate the continued success of our strategy -highly cash generative productionunderpins capital investment in growth opportunities that deliver rapid returns and enables a compelling cash return to shareholders through our […]
