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 […]
The Nineveh Governor Nofal al-Akoub and EU Delegation representative Mathieu Goodstein launched the Online Damage Assessment System in Mosul at the Governorate building. The system gathers information about the damage of vital facilities in a centralised data base and informs administration and donors on both needs and projects implementation in restoring stability and future development […]
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. Iraqi Internet Shuts Down, Fake News Blossoms During Information Blackout When it came to disinformation, shutting down the Internet to prevent protests in Iraq may have backfired. […]
By John Lee. Rosneft has reportedly sent a delegation to Duhok to discuss starting work on three oilfields next month. According to the report from Rudaw, the state-controlled Russian company will work at three locations: Batle, Zawita, and in Sarsang and Chamanke in Amedi. It is expected to extract 180,000 barrels of oil per day. In […]
KRG Prime Minister Nechirvan Barzani chaired on Wednesday a meeting of the KRG Oil and Gas Council. It was also attended by Deputy Prime Minister Qubad Talabani, relevant ministers, governors, supervisors of local administrations, and representatives of the Integrity Commission, Board of Supreme Audit, the Attorney General’s Office, and Security (Assayish). The Ministry of Natural […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Many ask why oil-rich Iraq needed to make Kuwait energy deal Iraq's government has signed a deal with Kuwait in a bid to alleviate its energy crisis after the lack of kerosene and […]
By John Lee. Italy's Saipem has been awarded a contract by ExxonMobil Iraq Limited for the DS6 project for the debottlenecking of the West Qurna field, in the south east of Iraq. Debottlenecking is a process that optimises a plant in order to increase its overall capacity. The works will have a duration of 23 […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th July 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD792 (+15.1%) / $849 (+15.1%) (weekly change) (-2.4% and -1.6% YTD change, respectively). The number of week traded […]
By John Lee. The National Investment Commission (NIC) has announced new investment opportunities in Iraq: Sugar production, General Company for Food Products Tyre production, State Company for Rubber Industries and Tyres (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
KRG Prime Minister Nechirvan Barzani received a delegation from the Kingdom of Saudi Arabia including President of the Chambers of Commerce of Saudi Arabia Dr. Sami bin Abdullah Al-Obaidi, Saudi Ambassador to Iraq Abdulaziz al-Shammari, Saudi Consul General to the Kurdistan Region Mansour Faisal al-Otaibi and a number of officials and members of Saudi Chambers […]
The coalition and its partnered forces in Iraq and Syria continue to make progress in the effort to defeat the Islamic State of Iraq and Syria, the coalition’s senior French representative has said. Brig. Gen. Frederic Parisot of the French air force, the director of civil-military operations for Combined Joint Task Force Operation Inherent Resolve, […]
By John Lee. Prime Minister Dr. Haider Al-Abadi has directed an additional 800 billion dinars ($669 million) to Iraq's housing fund. According to a statement from the Prime Minister's office, the directive "came in the interest of providing housing loans to citizens, which is estimated at about 25 thousand new housing loan, which in turn […]
