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Private Sector Development Strategy in Karbala

UNDP is helping to launch the Private Sector Development Strategy in Karbala The Governorate of Karbala in cooperation with the United Nations Development Programme (UNDP) and support of the Food and Agriculture Organization (FAO) organized a conference to roll out the Holly Karbala Private Sector Development Strategy (2018-2030) in Karbala province. The Holly Karbala Private […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Internal Controller and Compliance Manager, Save the Children Child Protection Manager, Save the Children WASH Program Manager, Save the Children IT Assistant, IOM - International Organization for Migration Psychosocial Area Coordinator, IOM - International Organization for Migration Finance Assistant, IOM - International Organization […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Humanitarian Affairs Officer, OCHA - Office for the Coordination of Humanitarian Affairs Reintegration Advisor, IOM - International Organization for Migration Project Assistant, IOM - International Organization for Migration Consultant Design Engineer, IOM - International Organization for Migration Technical Project Engineer, IOM - […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th Aug 2018). Note: ISX will be closed starting from Aug. 21, 2018 to Aug. 26, 2018 due to the religious holiday of Eid Al-Adha. The next session will be held on Monday, Aug. 27, 2018. Please click here to download a table […]

DNO Reports Payment for Tawke Deliveries

By John Lee. DNO ASA, the Norwegian oil and gas operator, has reported receipt of USD 69.03 million as payment for May 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of Iraq. The funds will be shared by DNO and partner Genel Energy plc pro-rata to the companies' […]

GKP confirms Shaikan Payment

By John Lee. Gulf Keystone Petroleum (GKP) has confirmed that a gross payment of $27.0 million ($21.2 million net to GKP) has been received from the Kurdistan Regional Government for Shaikan crude oil sales during May 2018. (Source: GKP)

Operation Roundup Continues to Target ISIS Remnants

Combined Joint Task Force Operation Inherent Resolve and its partners continue to pursue the lasting defeat of the Islamic State of Iraq and Syria in designated parts of Syria and Iraq, task force officials reported on Monday. Operation Roundup, which began May 1 to accelerate the defeat of ISIS in the Middle Euphrates River Valley […]

Iran, Sanctions and Iraq: The Bigger Picture

By Ahmed Tabaqchali. Originally published by Iraq in Context; re-published by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Current analysis of renewed Iran sanctions often overlooks the wider context of Iraq's regional trading relations.  The extent of Iraq’s compliance with […]

Chevron to Develop Oil Fields in Basra

By John Lee. The state-run Basra Oil Company (BOC) has signed a memorandum of understanding with US oil company Chevron to develop oil fields BOC announced the start of the first phase of work and cooperation with Chevron US to develop some oil fields and the establishment of a company. The Director-General pointed out that […]

Supreme Court Ratifies Election Results

By John Lee. Iraq's Supreme Court (pictured) has ratified the results of the parliamentary election, which was held in May. According to The National, this gives the winning political parties three months to form a new government. Muqtada al-Sadr has retained his lead. A coalition government needs at least 165 from a total of 329. […]

Iraq: "Chilling Accounts of Torture, Deaths"

Two former detainees and the father of a man who died in detention have provided details of ill-treatment, torture, and death in facilities run by the Iraqi Interior Ministry in the Mosul area, Human Rights Watch said on Sunday. A detainee held by the ministry’s Intelligence and Counter Terrorism Office in an east Mosul prison […]

TBI puts Bank Acquisition Plans on Hold

By John Lee. The state-owned Trade Bank of Iraq (TBI) has reportedly put plans to buy a Turkish commercial bank on hold because of the fall in the Turkish lira. TBI chairman Faisal al-Haimus told Reuters that the bank is keen to expand its footprint in Turkey, Iraq’s largest trading partner. According to the report, TBI has […]