By John Lee. Talks are reported to be continuing between Germany's Siemens and the Iraqi Ministry of Electricity regarding a major investment in the country's electricity infrastructure. Lisa Davis (pictured), CEO of the Siemens Gas and Power Operating Company, and member of the corporation's managing board, told The National last week that "discussions are ongoing”, […]
Iraq Britain Business Council (IBBC) has announced that Al Maseer Insurance Company has joined the Council. Founded in 2011, Al Maseer provide a range of insurance products covering the key sectors in Iraq: construction insurance, energy insurance, agriculture insurance, health insurance, marine insurance, motor insurance, property insurance. Chairman and co-founder, Arak Fadhil Hameed Al-Bayati, said […]
In December 2017, Iraqi authorities announced that they had completely freed areas previously controlled by the Daesh terrorist organization. Today, Iraq has entered a crucial phase of national reconciliation, stabilization and reconstruction of freed regions. These actions are essential for a lasting victory against terrorism and the return of displaced persons. Humanitarian and stabilization assistance […]
Continued Winter Assistance Needed for Displaced and Vulnerable Iraqis: IOM As winter temperatures set in, accompanied by winds and rain, the International Organization for Migration (IOM) in Iraq has completed the three-month distribution of 25,000 winter non-food item kits. Consisting of heaters, blankets and jerry cans, the kits meet the most urgent needs of 150,000 […]
By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. For about 10 years, the Kurdistan Democratic Party (KDP), which controls Erbil and Dahuk provinces in Iraq, has enjoyed close working relations with the Turkish government on trade, energy […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 17th January 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD642 (-4.4%) / $691 (-4.4%) (weekly change) (-2.5% and -2.7% YTD change, respectively). The number of week traded […]
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 […]
Iranian Foreign Minister Mohammad Javad Zarif met a group of Iraqi tribal leaders from south of the country in the holy city of Karbala. During the last leg of his meetings with Iraqi officials, elites and representatives of Iraqi society from various ethnicities and regions, Zarif sat for talks with the tribal leaders and clans’ […]
Iranian Foreign Minister Mohammad Javad Zarif, who is on an official visit to Iraq, highlighted the positive outcomes of the Iran-Iraq Joint Trade Conference in Baghdad and said the doubling of the bilateral trade “is on the horizon”. “Today, I, accompanied by 6 Iraqi ministers, addressed hundreds of participants at the Iran-Iraq Joint Trade Conference; […]
Shares in Gulf Keystone Petroleum (GKP) closed 4.3 percent higher on Wednesday after the company provided an operational and corporate update. Operational Production operations, underpinned by strong performance of the Shaikan Jurassic reservoir, continue in line with expectations. Average gross production of 31,563 barrels of oil per day ("bopd") was achieved in 2018, at the […]
MAN Energy Solutions has successfully commissioned six MAN 18V32/40 engines in a cement factory in Samawa, Iraq, and delivered five more engines of the same type to a freshwater-treatment plant in Basra. “The country's infrastructure has suffered greatly from armed conflict in the past and the re-electrification of Iraq is pivotal for further growth and […]
By John Lee. The United Nations has advertised new positions in Iraq: Support Services Manager, Humanity and Inclusion (HI) Administration Manager, Humanity and Inclusion (HI) Chief Information Officer Advisor, Development Alternatives, Inc. (DAI) Chief of Party, Concern Worldwide Forensic Archaeologist, ICMP - International Commission on Missing Persons RRU Regional Livelihoods Technical Advisor, UNAMI - United […]
