By John Lee. Pakistan-based Lucky Cement has said it is currently in negotiation with its suppliers to finalize plant and machinery at its greenfield clinker production facility in Samawah. In its Annual Financial Report, the company said it plans to achieve financial close and commercial production is third quarter of calendar year 2018 and last […]
The US State Dept has announced an additional $17 million of demining efforts in the Nineveh region in Iraq. This is on top of the 90 million we have provided countrywide in this year alone. (Source: US State Dept)
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 Transport Kazem Finjan al-Hamami revealed July 25 that Iran has agreed to participate with Iraq in the construction of a dam on the Shatt al-Arab River — formed by […]
A new report by Ali Al-Mawlawi (pictured) argues that the illusive nature of long-term stability in the Middle East necessitates a strong commitment by Iraq’s political leaders to develop a sustainable economic and fiscal regime that can absorb future shocks to the system. According to the World Bank, government expenditure as a percentage of GDP […]
By John Lee. Two UK-based companies have won tenders to provide Explosive Hazard Management (EHM) and Risk Education (RE) to the United Nations Office for Project Services (UNOPS) in Iraq. The contract with G4S Risk Management Limited is valued at $8,420,831 while the contract with The HALO Trust is valued at $3,996,181. (Source: UNGM)
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Mustafa Habib. There are anti-government protests in Iraq every summer. But the recent batch are different, and in ways that could hinder any resolution. The protests that have been […]
NATO’s Allied Joint Force Command in Naples is stepping out smartly to establish the alliance training mission in Iraq, said Navy Adm. James Foggo, the commander of the Joint Force Command, in a recent interview. Iraqi leaders asked the alliance to stand up the mission, and NATO heads of state approved the request during the […]
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 […]
US-based Capstone Turbine Corporation has announced today it secured an order for a remanufactured C1000R microturbine to an oil and gas production site in Northern Iraq. The associated gas-fueled C1000R microturbine will act as the primary energy source for the remote site and will require minimal maintenance. Jim Crouse, Executive Vice President of Sales and […]
Comprehend the Corruption Perception Index CPI to introduce meaningful Anti-Corruption Reforms The United Nations Development Program UNDP, in partnership with the Iraqi Commission of Integrity, organized a workshop designed to discuss and provide an understanding on the data and methodologies used to rank countries on the Corruption Perception Index (CPI). The Workshop organized jointly with […]
The European Commission for Humanitarian Aid (ECHO) has provided an additional € 4.5 million to the World Health Organization (WHO) to maintain health security and resilience for Internally Displaced Persons (IDPs), returnees and host communities in conflict-affected governorates of Iraq. This comes on top of the €29.2 million already contributed by the commission since 2015. […]
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, as measured by the RSISUSD index, marked an important bottom in July as part of a likely bottoming process. The multi-month bank selling shifted […]
