By John Lee. If anyone ever doubted the international nature of business in Iraq, just look at the nationalities making the business news in the past week: Iraqi, Turkish and Italian firms building new bridges; Indonesia selling defence equipment; Kuwait doing a seismic survey at Siba gas field; China opening a new consulate in Erbil; […]
By John Lee. Like good comedy, the secret of good investment is often said to be timing. Someone buying shares at the end of June in Heritage Oil, which has interests in Iraqi Kurdistan, may have had reason to be concerned if they planned to sell shortly afterwards, as the shares were suspended in early July […]
By Padraig O'Hannelly. Tensions between Iraqi Kurdistan and the central government in Baghdad have increased significantly in recent times, both politically and commercially. On the political front, the "difference of opinion" about the sending of Iraqi troops to the border between Iraqi Kurdistan and Syria was eclipsed by reports that the Kurdistan Regional Government has […]
By John Lee. We are very happy to report that our free Iraq Business News' tender service, announced last week, has been a huge success, with businesses checking in regularly to see what new opportunities are available. Please forward all tender opportunities to us at [email protected]. If you've found this or any other IBN services […]
By John Lee. Regular readers of Iraq Business News will have noticed that we've updated our very popular Tenders page. In our continuing efforts to bring you a better quality of service, we have improved the layout of our Tenders page so that you can see a summary of new opportunities at a glance, and […]
Temperatures are soaring to 45 degrees Celcius (113 degrees F) in Baghdad, and 50 degrees (122 degrees F) in Basra; nothing unusual about that at this time of year. What is unusual is the increased availability of electricity to cope with the demands of air-conditioners to deal with the problem. The Ministry of Electricity says […]
While some have criticised the political stagnation in Iraq, it has to be said that the Cabinet has been very active in hitting the road to promote the country on the international stage. Just look at this sample of countries visited in the past two weeks: Iraqi Deputy PM Visits Azerbaijan Iraq Welcomes Singaporean Businesses […]
The next general election in Iraq is not due until 2014, but Prime Minister Nouri al-Maliki warned on Wednesday that he will call for early elections if the protracted negotiations over power sharing break down. If he could persuade more than half of the parliament to vote themselves out of a job and back on the […]
This week in London, Iraq Business News was delighted to be Gold Media Partner at CWC's Iraq Petroleum 2012 conference, attended by wide range of senior executives and officials from the energy sector. The following sound-bites will give you a small taste of the mood of the event: "Iraq has greater potential than any other […]
As many readers of Iraq Business News will already be aware, our sister publication, Libya Business News, has now been running for more than six months, and we are pleased to report that it's going from strength to strength. Clearly the two countries are in different stages of development, politically as well as economically, but […]
Nearly a week has passed since the finalisation of Iraq's fourth round of oil licences, this time relating to oil and gas exploration blocks. In the meantime, the debate has rumbled on regarding the results of the auction, with some regarding it as a success and others as a failure. Among the professionals, the consensus […]
An estimated 2.3 million Iraqi refugees fled the sectarian violence that erupted in the country after Saddam Hussein was overthrown in the United States-led offensive of 2003. Despite a programme launched by the Iraqi government in 2007 to encourage the Iraqi diaspora to return home, until recently relatively few had taken up the offer. Now […]
