Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Gulf Cooperation Council (GCC) is reportedly in discussions with Iraq to connect electricity grids. An official at the UAE's Ministry of Energy and Industry told Reuters that the GCC could export its surplus electricity to Iraq. (Source: Reuters)
A new government in Baghdad can make real progress if the US offers the right kind of support, says Eli Lake. Writing for Bloomberg Opinion, he argues that to do that, the US needs to signal its commitment to Iraqi cities under threat from the militias. Read the full article here from Bloomberg.
By John Lee. A Baghdad-based company has won a tender to supply and deliver garbage compactors, loaders and truck tractor with low-bed trailer to the United Nations Office for Project Services (UNOPS) in Iraq. The contract with Al-Nuwaira Trading Agencies Co. is valued at $320,000. (Source: UNGM)
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Iraqi Ministry of Planning announced the launch of the Social Fund for Development on Sept. 23, with initial capital of $300 million, in cooperation with the World Bank. The project […]
EY Iraq has announced its collaboration with Morgan International - a leading provider of international professional certification and diploma programs in the areas of accountancy, finance, human resources, marketing and logistics - to enable the provision of professional training in Iraq for the Certified Public Accountant (CPA), Certified Management Accountant (CMA), Chartered Financial Analyst (CFA) […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. This week, German conglomerate Siemens announced that it's in discussions to help rebuild and boost Iraq's power generation infrastructure. So, what are the challenges facing the new Iraqi government? Why can't one of […]
Following a meeting hosted by the UK at the UN General Assembly, Minister for the Middle East Alistair Burt (pictured) has welcomed renewed commitments from international partners to support a strong stabilisation partnership with Iraq. Minister Burt said: "Today I hosted a roundtable on the future of Iraq with His Excellency Iraqi Foreign Minister Dr […]
The Iraqi Ministry of Interior has commissioned German-based Veridos to build and operate factory for the production of Iraqi security documents. According to a statement from the company, it will provide Iraq with secure national ID cards and a reliable, consistent national register. The entire production process of the documents will be in Iraqi hands. […]
UK-based Aggreko (Middle East) and Iraq's North Refineries Company have signed a contract for rental of temporary power generators to supply 15MW of power to Baiji Refinery as a first stage. For Aggreko, the world’s largest supplier of temporary power, which also supplies South Refineries Company with 25MW, This contract will help broaden the partnership […]
Iraq is negotiating with the U.S. for exemptions from the impending snap-back of sanctions against Iran, arguing that it could not cut consumption of Iranian electricity and natural gas immediately without suffering serious economic harm and social instability. An Iraqi delegation was in Washington last week seeking a waiver for its cross-border trade, meeting with […]
By John Lee. German business newspaper Handelsblatt reports that Chancellor Angela Merkel has personally intervened with Prime Minister Haider al-Abadi to persuade the Iraq Government to sign a major contract with Siemens to upgrade the country's electricity infrastructure. It is understood that the State Secretary for Economic Affairs, Thomas Bareiß, accompanied Siemens Chief Executive Joe […]
The Statistics Office, IOM, and UNFPA launch the Demographic Survey of the Kurdistan Region of Iraq The Kurdistan Region Statistics Office (KRSO), UNFPA, and IOM have launched the demographic survey of the Kurdistan Region of Iraq (KRI), one of the largest statistical exercises conducted in the region since 1987. The survey provides a comprehensive profile […]
