Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th Sept 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD700 (-0.8%) / $748 (-0.6%) (weekly change) (-13.7% and -10.5% YTD change, respectively). The number of week traded […]
Following a meeting hosted by the UK at the UN General Assembly, Minister for the Middle East Alistair Burt (pictured) has welcomed renewed commitments from international partners to support a strong stabilisation partnership with Iraq. Minister Burt said: "Today I hosted a roundtable on the future of Iraq with His Excellency Iraqi Foreign Minister Dr […]
The United Nations Mine Action Service (UNMAS) welcomes a contribution of NZD 250,000 (USD 160,000) from the Government of New Zealand and is grateful for the deployment of an in-kind Improvised Explosive Device (IED) Threat Mitigation Advisor to support explosive hazard management activities in Iraq. Extensive conflict in Iraq involving the Islamic State of Iraq […]
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has announced the resumption of production at Qayara oil field in Nineveh province. The field has been rehabilitated following its destruction by the Islamic State group (IS, ISIS, ISIL, Daesh). It is currently producing 30,000 barrels of oil per day, with a plan to increase […]
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 […]
Prime Minister Nechirvan Barzani opened Zakho Tunnel in a ceremony attended by cabinet ministers, members of Parliament, the Republic of Turkey’s Consul General to the Kurdistan Region, and a number of KRG officials. In a speech during the ceremony, Prime Minister Barzani said: “Opening of this tunnel on this important international highway that links the […]
The Iraqi Civil Aviation Authority (ICAA) has signed a Memorandum of Understanding with its UAE counterpart. According to a statement from Iraq's General Establishment of Civil Aviation (GECA), the MoU will guarantee all operational and technical matters related to the field of air transport. The Director General of the Iraqi Civil Aviation Authority, Mr. Ali […]
By John Lee. Iraq’s State Oil Marketing Organization (SOMO) is reportedly trying to acquire storage tanks in Asia. According to Reuters, any deal may involve a profit-sharing arrangement. (Source: Reuters)
By John Lee. The United Nations has advertised new positions in Iraq: Rehabilitation Technical Advisor, Humanity and Inclusion (HI) Senior Humanitarian Affairs Officer/Deputy Head of Office, OCHA - Office for the Coordination of Humanitarian Affairs Information Analyst Political Affairs, UNAMI - United Nations Assistance Mission for Iraq UNV Programme Analyst, UNDP - United Nations Development […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Project Assistant Cultural Orientational, IOM - International Organization for Migration Senior Livelihoods and Enterprise Development Officer, IOM - International Organization for Migration Communication and Reporting Officer, UNOPS - United Nations Office for Project Services ICLA Data and Reporting Officer, Norwegian Refugee Council […]
The Iraqi Ministry of Interior has commissioned German-based Veridos to build and operate factory for the production of Iraqi security documents. According to a statement from the company, it will provide Iraq with secure national ID cards and a reliable, consistent national register. The entire production process of the documents will be in Iraqi hands. […]
UK-based Aggreko (Middle East) and Iraq's North Refineries Company have signed a contract for rental of temporary power generators to supply 15MW of power to Baiji Refinery as a first stage. For Aggreko, the world’s largest supplier of temporary power, which also supplies South Refineries Company with 25MW, This contract will help broaden the partnership […]
