Housing Initiative Part of Election Strategy?
By Omar al-Jaffa for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In Iraq, the early election media campaign has taken various forms. Notably, the government has started giving away residential land in return for votes. In an interview with Al-Monitor, writer and political […]
UN Welcomes Humanitarian Corridor
United Nations Envoy Welcomes Agreement on Humanitarian Corridor from Iraq to Syria The Government of Iraq and the United Nations in Iraq have reached agreement to facilitate the opening of a humanitarian corridor that will allow UN relief agencies (UNHCR, WFP, UNICEF) to resupply their warehouses in Eastern Syria with quantities of food and non-food […]
USAID Heads Visit Iraq
On December 4 U.S. Agency for International Development (USAID) Associate Administrator Mark Feierstein and Acting Assistant Administrator Alina Romanowski concluded a two-day visit to Iraq as part of a regional tour of USAID missions. In Baghdad, the Associate Administrator and Acting Assistant Administrator met with Prime Minister Maliki’s Chief of Staff, Dr. Hamid Ahmed, to […]
GKP Shares Up on Excalibur Statement
By John Lee. Gulf Keystone Petroleum (GKP) has issued a statement this morning confirming that Excalibur does not intend to appeal against the September court judgement, and has agreed to a payment of £17.5 million relating to costs. Shares in GKP were trading up 7 percent on Monday morning. The full text of the GKP […]
Turkey Proposes More Border Crossings
By John Lee. Turkey has offered to jointly build two more border crossings with Iraq, in addition to two new gates recently agreed upon, according to a report from Today's Zaman. The Turkish Customs and Trade Minister, Hayati Yazıcı (pictured), told the press in Ankara on Wednesday that the government favoured the construction of two […]
Hill International Wins $54m Basra Deal
By John Lee. Hill International has announced that it has received a contract from the Governorate of Basra in Iraq to provide program management services in connection with Basra's 2040 Strategic Plan, which involves rehabilitation of existing projects and the construction of new projects related to Basra's infrastructure throughout the region. The one-year contract which […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 5th December 2013). Note: ISX will be closed during December 27, 2013 - January 6, 2014 due to the end-of-year closing operations. The last session of this year will be on Thursday, December 26, 2013 and trading will resume on Tuesday, January 7, […]
Iran Wary of Iraqi Oil Export Plans
By Ayser Jabbar for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s aspirations to increase its oil exports to close to 7 million barrels per day by 2017 drew criticism from the Iranian Ministry of Petroleum. Iranian Petroleum Minister Bijan Namdar Zangeneh regarded […]
Iraq "Wants to Import Food from Azerbaijan"
By John Lee. APA reports that Iraq is interested in importing agricultural products from Azerbaijan. At the first meeting of Azerbaijan-Iraq Intergovernmental Commission, a representative of Iraq’s Agriculture Ministry said there is a need for citrus fruits, fish, meat and other products in Iraq. A senior advisor at Azerbaijan's Agriculture Ministry offered to export fruit, vegetable, […]
Kuwait to Open Consulate in Kurdistan
By John Lee. The Kuwaiti Ambassador to Iraq, Mr Ghassan Al-Zawai, met with the Head of the KRG Department of Foreign Relations, Minister Falah Mustafa yesterday to discuss ways of further developing ties with Kurdistan particularly as Kuwait plans to open its Consulate General in Erbil soon. After Kuwait’s decision to open its Consulate General […]
Zagrosjet links Erbil with Amman
By John Lee. Zagrosjet has added a further destination from its base at Erbil in Iraq. On Monday the airline launched thrice-weekly flights to Amman in Jordan using its Airbus A321. Competition on the route is provided by Royal Jordanian, with nine weekly flights, Iraqi Airways with three, and Royal Falcon with two. (Source: anna.aero)
Workers Pay for Boom Town with Their Lives
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. In Iraqi Kurdistan, Workers Pay for Boom Town with Their Lives While many locals are celebrating the building boom in Iraqi Kurdistan, there are also casualties. The number of […]