Author Archive | Editor

Germany, UNDP agree $2.8m Funding for Reconciliation

The United Nations Development Programme (UNDP) and the German Embassy in Baghdad signed a cooperation agreement to support civic and community-based reconciliation across Iraq. Under the leadership of the Implementation and Follow Up National Reconciliation Committee (IFNRC) of the Office of Iraq’s Prime Minister, UNDP has recently launched a major project to support local peace […]

Justice Essential to help Victims of ISIL’s Sexual Violence

Justice essential to help Iraqi victims of ISIL’s sexual violence rebuild lives The Iraqi Government needs to ensure that the thousands of women and girls who survived rape and other forms of sexual violence by ISIL fighters receive care, protection and justice, and that children born as a result of such violence do not face […]

More Strikes Target ISIS in Syria, Iraq

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 16 strikes consisting of 36 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition […]

Hutchison Ports Partnering with Iraq Terminal Operator

Hutchison Ports and the Pritzker Family Business Interests (“PFBI”), advised by The Pritzker Organization, L.L.C. (“TPO”), announced today that the leading Hong Kong-based port operator has agreed to partner with NAWAH Port Management, L.L.C. (“NPM”) to manage existing and future operations at the historic Port of Basra in southern Iraq. Hutchison Ports will assume oversight […]

Iraq’s Legendary Fashion House Revived

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.  Models dressed in clothes reminiscent of Iraq’s multicultural past walked among the imposing statues at the Iraqi Museum in an impressive show in July that celebrated the liberation of […]

New AMAR School almost Complete

Work is almost complete on AMAR's latest exciting educational project in Iraq. The state-of-the-art Secondary School in Basra is expected to begin teaching its 500+ students in October. Ten percent of that number will be orphans who will receive a fantastic education completely free of charge, thanks to AMAR's generous supporters. Please help ensure Iraq’s […]

IRC, Sesame Workshop bring Hope to Refugee Children

The International Rescue Committee (IRC) and Sesame Workshop — the nonprofit, educational organization behind Sesame Street — are working together to give millions of refugee children in Syria, Jordan, Lebanon and northern Iraq the support they need to learn, grow and thrive. The Syrian refugee crisis is the defining humanitarian issue of our time. It […]

Siemens wins Service Agreement to operate Power Plant

Germany's Siemens has expanded an existing service agreement with KAR Group in Iraq to provide comprehensive operations and maintenance (O&M) for two newly added SSC5-2000E power plant units at the Khormala plant in the Kurdistan region. The 930-megawatt (MW) natural gas-fired power plant meets nearly 30 percent of the power demand targeted by the Kurdistan […]

Iraq Reviews IOC Qualifications for New Oil Projects

By John Lee. Iraq's Petroleum Contracts & Licensing Directorate (PCLD) has announced that previously-qualified international oil companies (IOCs) which are not currently operating in Iraq, and which did not participate in earlier licensing rounds, will not be eligible to compete in the current licensing round. In an announcement (copied below), the PCLD said such companies […]

Iraq Britain Business Council welcomes Chevron

By John Lee. Chevron has become the latest member of the Iraq Britain Business Council (IBBC), joining 57 other world- and region-leading organisations that form IBBC’s membership. The company operates and has an 80 percent interest in the Sarta production-sharing contract (PSC) and the Qara Dagh PSC (pictured). The two blocks cover a combined area […]