It might not seem so important in a country faced with such major post-conflict challenges, but getting the basics of communication right should be a necessary function of any government department or state agency. A key element of communication has to be the website, but it is remarkable how many Iraqi government websites are out […]
As our regular readers will already know, there is a wealth of opportunities available in all sectors of the Iraqi economy. In recent days alone we've reported developments in hospitals, oil infrastucture, and air transport. Industry analysis and reports are important tools for many businesses interested in breaking into the Iraqi market, and one particular […]
In 1993, the United Nations General Assembly proclaimed 3rd May to be World Press Freedom Day (WPFD), a day which, among other objectives, serves as a reminder to governments of the need to respect their commitment to press freedom. According to UNESCO figures, since 2008 a total of 26 Iraqi media workers have been killed, […]
Oil finds in Kurdistan dominated the news this week, as WesternZagros announced a major discovery at Kurdamir-2, and Gulf Keystone Petroluem had some good news to report at Shaikan-4. Meanwhile in the south of the country, Lukoil and its partners have started drilling and construction work at West Qurna-2, and a second new floating terminal […]
While much of the developed world struggles to drag itself out of recession, Iraq managed to register real GDP growth of 9.9% last year, according to IMF estimates. Their projection for this year is 11.1 percent, followed by 13.5 percent next year, giving compounded growth over the three years of nearly 40%. Iraq may have […]
Iraq's improved relations with its neighbours have been particularly evident in recent times. Following Prime Minister Nouri al-Maliki's two-day visit to Kuwait in March, Iraq agreed to go ahead with the Iraq-Kuwait Boundary Maintenance Project, and to transfer its share of funds allocated for the completion of this project to the UN. The two governments […]
March was a significant month in many ways for Iraq, and for us here at Iraq Business News. Firstly, the country hosted the Arab League Summit in Baghdad at the end of the month, which, while it could have been better in some ways, was certainly a major profile-raiser for Iraq on the international stage. […]
The Arab League Summit reaches its climax today (Thursday) with the meeting of the heads of state, and so far the event is being seen as a success for Iraq and its Prime Minister, Nouri al-Maliki. The hosting of this pretigious conference is a public relations coup for all concerned, and represents the acceptance of […]
Next week's Arab League Summit in Baghdad is a very significant moment in Iraq's development. Quite apart from any discussions and resolutions at the conference itself, the staging of the event in Iraq for the first time since 1990 demonstrates the acceptance of an independent Iraq into the community of Arab states. Preparation for the […]
In 2011, foreign firms and investors reported $55.67 billion in investments, service contracts and other commercial activities across Iraq -- an estimated 40.3 percent increase in total deal value over the previous year. So say Dunia Frontier Consultants (DFC) in their latest report on foreign commercial activity in Iraq. But did you know also that: […]
Iraq is making progress. It is now pumping out 3 million barrels of oil per day for the first time since 1979, it is about to host the Arab League Summit, and its plan to build 2 million new homes is moving ahead. So why have shares in Iraq-focused oil shares taken a bashing this […]
The past seven days have been exceptionally good for the oil industry in Iraq. The big news for many was the announcement that WesternZagros Resources has struck oil at its Mil Qasim-1 exploration well in Kurdistan; and if you don't know where Mil Qasim is, and what fields are in the same area, you can […]
