Audio: IBBC Interview on Share Radio
The CEO of the Iraq Britain Business Council (IBBC), Christophe Michels, gave an interview on Share Radio about doing business in Iraq: listen to ‘Building a business in #Iraq. Interview with Christophe Michels @IBBC_London’ on audioBoom (Source: Share Radio)
How Much is Fight Against IS Costing?
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Can The Country Ever Recover? How Much Iraq's Fight Against ISIS Extremists Is Really Costing The security crisis caused by the extremist group known as the Islamic State has not […]
IS Bans Grain Exports
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Let Them Eat Bread: ISIS Extremists In Mosul Iraq Ban Grain Exports, Ensure Food Security The northern Iraqi province of Ninawa is one of the country's best producers of cereals […]
Basra Heavy Oil to Boost Exports
By John Lee. Oil Minister Adel Abdel Mahdi (pictured) has said that the new Basra Heavy crude oil grade will add an additional 100,000 bpd to oil exports this month. Reuters reports that the new grade has allowed Iraq to revive some fields that it had previously shut down to maintain the quality of its […]
Family-run UK Firm Wins first Iraq Order
A family-run UK company which makes window and door restrictors has won its first order in Iraq. Jackloc's products will be installed at the Sheraton Dohuk Hotel in Iraqi Kurdistan, which opened earlier this week. Director Emma Wells told Insider Media: "Securing this order in a new export market is very exciting for us. "We […]
UN Warns on Fraudulent Tender Documents
Statement from UNOPS on Fraudulent Procurement-Related Documents It has come to the attention of the United Nations Office for Project Services (UNOPS) that fraudulent procurement-related documents, such as solicitation documents and purchase orders, continue to besold in Iraq for purported UNOPS projects. We are aware that one such case is related to a purported project […]
KRG, Belarus sign MOU on IT
By John Lee. The Ministry of Higher Education and Scientific Research of the Kurdistan Regional Government signed a memorandum of understanding (MOU) with its counterpart in Belarus for technical training in the field of information technology. The agreement was signed during a recent visit to Belarus by a delegation headed by Samal Sardar, the KRG […]
Indian Refiners in Talks with SOMO
By John Lee. Indian state refiners Indian Oil Corporation and Hindustan Petroleum Corporation are holding talks with Iraq’s State Oil Marketing Organization (SOMO) to buy 4 million barrels of Basra light crude oil for India’s strategic petroleum reserves (SPRs). Bombay Stock Exchange had sought clarification from Hindustan Petroleum following press reports; Hindustan subsequently confirmed the […]
FM al-Jaafari on Trade Mission to Brazil
By John Lee. Foreign Minister Dr. Ibrahim al-Jaafari met Minister of State for Development, Industry and Foreign Trade of Brazil Armando Monteiro in his office in the Brazilian capital as part of a series of meetings during an official visit to promote relations in a number of areas. During the meeting the Minister pointed out […]
Latest Airstrikes Against ISIL
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the latest strikes, which took place between 8 a.m. Wednesday and 8 a.m. Thursday, local time, noting that assessments of results […]
Video: UN Appeals for Urgent Aid
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The World Health Organisation (WHO) is warning that it's running out of money to help nearly 3 million Iraqis displaced by violence as the Islamic state of Iraq and the Levant (IS, ISIS, […]
Time for Change in Iraq
By Padraig O'Hannelly. It's nearly a year since the Islamic State (IS, ISIS, ISIL) seized control of Mosul. Almost as significantly, it is also roughly one year since the price of crude oil began its latest descent, severely limiting Iraq's ability to fund its defence and development. Many expect these two phenomena to be with […]