Author Archive | Editor

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Technical Assistant - European Community Humanitarian Office (ECHO) Monitoring & Evaluation Technical Officer, Norwegian Refugee Council (NRC) Pharmacist referent, Médicos del Mundo Programme Coordinator (Sustainable Livelihoods), International Organization for Migration (IOM) (Source: UN)

GardaWorld Weekly Security Report

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 […]

Two Iraqi Airports to be Developed

By John Lee. Iraq's National Investment Commission (NIC) has included two airport projects in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Rehabilitation and development of Mosul International Airport. Estimated cost before 2014: 120 billion Iraqi […]

Ministry drops Nassiriya Integrated Project

Iraq will rely on a newly formed state oil company to develop the Nassiriya oil field, leaving only the nearby refinery project for investors, ending more than six years of pitching the two as a combined mega-project, according to Iraq Oil Report. Most recently, Iraq had been in direct negotiations with PetroChina and the China […]

NIDC Eyes Iraqi Drilling Market

The National Iranian Drilling Company (NIDC) is planning to participate in neighboring Iraq‘s drilling tenders. Speaking to reported on the sidelines of an oil show in Kish Island, on Tuesday, Sepehr Sepehri, NIDC managing director, said the company’s approach is to secure itself a toehold in global markets, adding NIDC is planning to participate in […]

Security Forces hang on to Homes they Requisitioned

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. In Anbar, Security Forces Hang Onto Private Homes They Requisitioned During fighting against the Islamic State group, it was necessary for security forces to occupy private property […]

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Iraq's $100bn Reconstruction Drive

By John Lee. Prime Minister Haider al-Abadi has said Iraq needs up to $100 billion to fix crumbling infrastructure, according to a report from Reuters. Calling on foreign investors to help it rebuild the country following the defeat of the Islamic State group (IS, ISIS, ISIL, Daesh, he told the World Economic Forum (WEF) in […]

MHPS to Upgrade Hartha Power Station

By John Lee. Iraq's Ministry of Electricity has reportedly awarded a contract to Japan's Mitsubishi Hitachi Power Systems (MHPS) to refurbish the Unit 1 of the Hartha thermal power station (pictured) in Basra province. According to Energy Business Review, the power station is claimed to account for approximately 25 percent of Basra's total power generation […]

Latest Strikes Against ISIS in Syria, Iraq

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria between Jan. 19-25, conducting 60 strikes consisting of 93 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. CJTF-OIR officials reported that a significant precision strike involving exhaustive intelligence and observation to confirm ISIS concentrations and ensure no […]

Six Rail Projects offered for Investment

By John Lee. Iraq's National Investment Commission (NIC) has included six rail projects in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: New railway line (Baghdad-Kut-Umara-Basra) and branch line (Kut-Nasriya-Shuaiba-UmQasr) Length: 910km Number of lines: dual […]

Dyncorp Wins Contract for Aviation Maintenance

By John Lee. Dyncorp International has been awarded a $13,253,810 contract for aviation field maintenance services in support of the U.S. Army Aviation and Missile Command. Work will be performed in Germany, Iraq and Afghanistan, with an estimated completion date of Dec. 31, 2018. (Source: US Dept of Defense)

Genel Energy Updates on Operations in Kurdistan

Genel Energy has issued a trading and operations update in advance of the Company's full-year 2017 results, which are scheduled for release on 22 March 2018. The information contained herein has not been audited and may be subject to further review. Murat Özgül, Chief Executive of Genel, said: "A strong final quarter of 2017 completed […]