Al Taif Money Transfer signs up with Covalent
Al Taif Money Transfer Co (TMT), the largest money transfer services provider in Iraq has signed up Covalent, a joint venture between TPS and Access Group, for a digital payments platform. Farhan Al Musawi, CEO of Al Taif Group and Al Taif Money Transfer said: “We are pleased to engage with a strategic partnership with […]
UN Advertises 11 New Jobs in Iraqi Kurdistan
By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: International Multi-Drugs Resistance Tuberculosis (MDR-TB) Expert (UNDP) Security Sector Reform (SSR) (UNDP) Service Delivery Consultant (UNDP) Data Communication Specialist (UNICEF) Reports Specialist (UNICEF) Programme Assistant (UNICEF) National Project Coordinator (UNAMI) Programme Assistant (UNAMI) Final Evaluation Consultant (Save the Children) Administrative Officer (Office for the […]
UN Advertises 12 New Jobs in Iraq
By John Lee. The United Nations has advertised several new positions in Iraq: Final Evaluation Consultant (Save the Children) Rehabilitation Technical Advisor (Handicap International) Chief of Communication (UNICEF) Grants Coordinator (Norwegian Refugee Council, NRC) Logistics Officer (Norwegian Refugee Council, NRC) Operations Assistant - Facilities Management (UNDP) Security Sector Reform (SSR) (UNDP) Finance Clerk (UNDP) Multi-Drugs Resistance Tuberculosis (MDR-TB) […]
Iraq plans $2bn Bond Sale
By John Lee. Reuters reports that Iraq expects to sell $2 billion in eurobonds in the last quarter of this year, when international aid starts coming in, helping lower its cost of borrowing. Finance Minister Hoshiyar Zebari (pictured) told the news agency that Iraq expects to receive $600 million in September from the International Monetary […]
Basra Businesses Unite for New Ventures, New Bank
By John Lee. The Basra branch of the Iraqi Businessmen's Association has announced the founding of the largest joint-stock company in the province. The new firm will involve hundreds of businesses in a variety of ventures, including construction, tourism, and setting up its own bank. Sabih Habib al-Hashemi, the head of the Association, said that […]
KRG Oil Exports Increase to 513k bpd for May
The Kurdistan Regional Government (KRG) today publishes the monthly crude oil export report for May 2016. The report for May 2016 details: All oil export volumes through the KRG-Ceyhan crude oil pipeline; all crude oil cargoes lifted from Ceyhan by the buyers; revenues received on account by the KRG during the month; and payments directly made […]
Iran's Gas Contracts with Iraq "on Hold"
By John Lee. Iran's gas contracts with Iraq have been put on hold due to the difficulties in Iraq, Iranian Petroleum Minister Bijan Namdar Zangeneh said on Thursday. "We have two gas contracts with Iraq and we are ready to export gas to Baghdad but they have some difficulty. It depends on Iraqi system," Zangeneh said. (Source: Sputnik)
UNICEF calls for Protection of Children in Fallujah
Statement attributable to Peter Hawkins, UNICEF Representative in Iraq: “As the violence continues to escalate in Fallujah and across Iraq, we are concerned over the protection of children in the face of extreme and rising danger. “Since the start of the military operation in Fallujah, 60 kilometres west of Baghdad, very few families have been […]
Foreign Minister Receives Japanese Ambassador
By John Lee. Minister of Foreign Affairs Dr Ibrahim Al-Jaafari met the Japanese Ambassador to Iraq Mr Fumio Iwai. During the meeting, they reviewed the bilateral relations and means to promote them so as to meet the aspirations of the two friendly people, as well as, discussing the regional and international issues of mutual interests. […]
Military Strikes Continue Against ISIL Terrorists in Syria, Iraq
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Bomber, ground-attack, attack, fighter, […]
Duhok launches Provincial Development Strategy
The Governorate of Duhok launched its Provincial Development Strategy 2016-2018 in a ceremony organized in collaboration with the United Nations Development Programme (UNDP), the European Union (EU), and NOREL non-governmental organization. Conceptualized with the support of UNDP’s EU funded Local Area Development Programme (LADP), the Strategy seeks progress in six areas: Multi-sector economy, geographical location, […]
BGR Abandons $246m Iraq Project
By John Lee. India's BGR Energy Systems has said it has decided to cancel a carryover contract value of $246 million relating to its contract to build a power plant in Nasiriya. The company won the contract for the 500-megawatt (MW) gas turbine plant in 2013. Iraq's Ministry of Electricity provided a letter of credit […]