By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) as ordered Iraq's state-owned oil companies to devise an urgent plan to develop the Mansuriyah (Mansouriya) gas field, following what he described as the delay and the failure of foreign companies to start developing the field. The field, in Diyala province, was awarded in […]
By John Lee. Asiacell boss Faruk Mustafa Rasool (pictured) has announced a $1.6-billion investment in a new tourist city on Kurdistan's Lake Dukan. According to the report from Rudaw, the 3,250-hectare complex will include accomodation, two cable cars, an island, "and many other interesting places”. The Kurdistan Regional Government (KRG) approved the project, which is […]
By John Lee. The spokesman for the Ministry of Electricity, Dr. Musab Sari al-Mudaris [Mussab Serri al-Mudaris] (pictured) has denied reports that he had told Bloomberg about an agreement to buy electricity from Saudi Arabia. He said the statement from the news agency is incorrect. Bloomberg had cited Mudaris as saying that Saudi Arabia agreed […]
By John Lee. The United Nations Assistance Mission for Iraq (UNAMI) has today issued its Yearbook for 2017, outlining what UNAMI and the United Nations Country Team did for Iraq over the past year. It can be downloaded here. (Source: UNAMI)
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Iraqi government has started to seal off the frontier between itself and Syria to try to stop cross-border attacks by ISIL fighters. Only 20 kilometres of the 600 km fence have been […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Negotiations are still under way to form a governing coalition in Iraq. No party won a majority during May's national election, and the result is not yet confirmed, because a manual recount was […]
By John Lee. Prime Minister Haider al-Abadi suspended Electricity Minister Qassim al-Fahdawi (pictured) on Sunday for what he described as the "poor performance of the sector". Protests against unemployment and poor public services turned violent earlier this month, with several protesters killed. Many areas of Iraq are struggling to cope with insufficient electricity supply during […]
DNO ASA, the Norwegian oil and gas operator, today announced that a fourth well has been put on production at the Peshkabir field in the Kurdistan region of Iraq pushing total output past the previously published target of 30,000 barrels of oil per day (bopd). The Peshkabir-5 well is currently producing around 8,000 bopd from […]
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, Combined Joint Task Force Operation Inherent Resolve officials reported today. Operation Roundup, which began May 1 to accelerate the defeat of ISIS in the […]
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 Kamal al-Ayash. Despite Doubts About Efficacy, Anbar Builds Border Fence To Keep Extremists Out Iraq is attempting to secure its porous border with Syria. A trial security fence is […]
The Iraq Governance and Security and Justice Programmes are key in delivering the UK’s mission to support the Iraqi Government and people as they build a stable, prosperous and democratic nation. Working with the Government of Iraq, the UN Mine Action Service (UNMAS) and the UNDP, CSSF funding has helped to rebuild essential infrastructure in […]
The Government of France supports Explosive Hazards Management to enable Humanitarian and Stabilization Efforts in Liberated Areas The United Nations Mine Action Service (UNMAS) has welcomed a first contribution of EUR 500,000 (USD 590,000) from the Government of France dedicated to explosive hazard management in support of humanitarian and stabilization efforts. The presence of explosive […]
