By John Lee. Al-Burhan Airways has opened a new helipad at Al-Rasheed Hotel in Baghdad. A spokesman for the company told Iraq Business News that it's planning to use the new facility to serve the sponsors of Frontier Exchange's Iraq Banking & Investment Summit, being held on 2nd and 3rd of December, by providing a […]
For more than 3 years, the people of Hawiija [Hawijah] district in Kirkuk governorate, were cut off from lifesaving health care and immunization services, leaving many children susceptible to vaccine-preventable diseases. “For years, I worried that my children may contract polio and measles or die,” said Hadija, a 32-year-old mother of 3. In September 2017, […]
Advertising Feature Basra Oil, Gas & Infrastructure is held under the high patronage of the Basra Governorate, the Basra Council and Iraq’s Basra Oil Company from October 30 to 31 in Beirut, Lebanon. Government officials, project stakeholders and buyers and suppliers attend to explore the expanding energy projects in the South of Iraq. Jereh Group made […]
On Tuesday, the Iraqi Children Foundation (ICF) competes with other charities for a share of $75,000 in bonus funds. The more you give, the more bonus funds we earn for Iraqi orphans, street kids, and children displaced by conflict. EXTRA BONUS: New monthly donors are eligible for a 1-month match. Sign up for $10, $25, $50, $100 - up […]
By John Lee. Iraq has reportedly contracted Japan’s Toyo Engineering to help build a gas pipeline to Kuwait and a petrochemical plant as Baghdad. According to a report from Reuters, the move will help Iraq to reduce flaring and finish paying the reparations owed to Kuwait for the invasion in 1990. The project would allow […]
A joint team from the World Bank and the Ministry of Water Resources visited Sulaimaniyah Province to assess the impact of the recent earthquake that hit the Iraq-Iran border on the Darbandikhan and Dokan [Dukan] Dams. Both dams are very strategic. They were built in 1961 for flood control, irrigation, drinking water supply and later […]
By John Lee. Restrata has been awarded a National Communications and Media Commission (CMC) licence to sell and maintain GPS tracking systems in Iraq. The CMC Licence for GPS Tracking is an Iraq Government mandate and is being enforced locally through inspection teams running compliance checks on both vendors of GPS tracking systems, and their […]
By John Lee. Iraq's State Company for Steel Industries, which is owned by the Ministry of Industry and Minerals, has announced an investment opportunities to participate in the management and production of the following projects in accordance with the requirements fixed in the investment profiles: Sandwich Panel production Built-up sections and bridge girders production Metal […]
By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq's Ministry of Health and Environment released 20 falcons back into the wild Nov. 17. The falcons had been smuggled earlier in the month to Kuwait, which returned them to Iraq. This […]
By John Lee. Iraq has invited international oil companies (IOCs) to bid for contracts to explore and develop nine new oil and gas blocks. The blocks are along the borders with Iran and Kuwait, with one located in the territorial waters. According to Reuters, the bidding terms will be finalised by the end of May, […]
By John Lee. Following Iraq's successful return to the bond markets earlier this year, it is now reportedly planning a $2 billion sovereign bond issue in 2018. The Governor of the Central Bank of Iraq (CBI), Dr. Ali Mohsen Ismail Al-Allaq [Alak] (pictured), told Reuters that the plan is currently awaiting parliamentary approval. He added […]
By John Lee. The state-owned Trade Bank of Iraq (TBI) has reportedly received verbal approval from the Saudi Arabian Monetary Authority (SAMA) to open a branch in Saudi Arabia next year. Chairman Faisal Al Haimus told The National in Abu Dhabi that the bank will launch an asset management business in Abu Dhabi. The lender […]
