Iraq Increases Local Purchases of Rice

Iraq’s trade ministry bought 35 percent more rice from local producers in the last season, compared with the previous one, reports Bloomberg. Hassan Ibrahim, director general of Iraq’s Grain Board, told the agency that the ministry purchased 112,000 metric tons of rice from local producers at a price of 750,000 dinars ($643.78) a ton in […]

Weekly Security Update for 26th January 2012

Conditions continue to fluctuate in Iraq. Levels of violence rose slightly last week, but in the absence of any major mass casualty attacks the overall number of fatalities fell from the previous week. At least 47 people were killed and 71 injured in nationwide incidents. Countrywide, a total of 25 bomb attacks left 16 people […]

Postcards from Iraq

Recently I was thinking about the various ways and through what mediums nations tell stories about who they are, where they come from and what they have to offer. Postage stamps came to mind. Whether you love them, don’t particularly notice them or collect them postage stamps tell time-framed stories and capture national sentiments. They’ve […]

IBN Newsletter Reaches 100th Edition!

Today we are proud to bring you the 100th edition of our Iraq Business News newsletter, and during that time it has been our pleasure to provide you with essential news and top-class business intelligence. From a modest start, our newsletter is now read by more than 11,000 people each week, while our website receives […]

Jordan Invited to Join $40bn Iraqi Reconstruction Plan

The Iraqi housing and rehabilitation minister, Mr Mohammad Darraji, has urged Jordanian construction firms and contractors to enter Iraq, reports Steel Guru. Jordanians have a real opportunity to contribute to Iraq's huge rebuilding projects, for which the government has allocated $40 billion in 2012, he said. Mr Darraji made the remarks during a meeting with […]

Iraq Postpones Oil Terminal Start “Indefinitely”

The opening ceremony to inaugurate Iraq's first floating oil terminal was postponed until further notice, an Oil Ministry spokesman announced on Wednesday. Aswat al-Iraq reports that there were 'operational problems', while Bloomberg's contact gave no reason for the delay, the third since last month. The terminal, which has an export capacity of 900,000 bpd, was […]

Tupperware to Educate Iraqi Women on Entrepreneurship

Harnessing education to empower women, Tupperware Brands today announced the creation of the Tupperware Global Links Program, a yearlong externship designed to inspire a new generation of Iraqi women entrepreneurs and, in turn, help strengthen the country's struggling economy and rebuild its middle class. Tupperware, a longtime World Economic Forum (WEF) participant, is announcing the […]

Samsung Wins $1bn Oil Contract

Iraq's cabinet announced that it had approved a $998 million oilfield service contract on Tuesday with a South Korean company for the West Qurna 2 oilfield, according to Reuters. While the memo did not name the company, Samsung Engineering was the only South Korean company on the final shortlist. Iraq and its partners, Russia's Lukoil […]

Rental of Forklifts, Cranes, and Trucks for UN Use inside UNAMI Basrah Compound in Iraq

United Nations Assistance Mission for Iraq is seeking to establish a contract for rental of Fork Lifts, Cranes and dump Trucks for its use inside UNAMI-Basrah Compound, located within COB Military Base in the vicinity of Basrah International Airport, at the U.S. Consulate General Compound (PRT), Iraq. This will be on “as-and-when “required basis. They […]

Training for e-Government Services Implementation in Iraq

UNDP -Iraq is seeking for a Contractor to provide technical assistance to the Government of Iraq to develop and implement a pilot e-service systems based on Service Oriented Archtecture (SOA)- based business process design approach to assure fast scaling and quick wins for e-government. To this respect, a workshop shall be conducted with the targeted […]

Provision of Catering Services to UNAMI Regional Headquarters in Basrah

The United Nations Assistance Mission in Iraq (UNAMI) requires a full cafeteria services operation to provide nutritious meals daily for its staff members at dining facilities at the UNAMI Regional Headquarters in Basrah, Baghdad International Airport (BIAP) and Kirkuk, Iraq for a long-term contract (5X1 Year), extendable on yearly basis, subject to extension of UNAMI […]