Chinese Foreign Minister Meets Zebari in Baghdad
By John Lee. Chinese Foreign Minister Wang Yi met his Iraqi counterpart Hoshyar Zebari in Baghdad in a rare Chinese high level diplomatic mission to Baghdad. The two men discussed increased Sino-Iraqi cooperation in areas such as oil development and arms sales. Until recently, Iraq has been frustrated by slow deliveries of weapons systems from […]
KAR Win Ninewa Refinery Contract
By John Lee. Baghdad based Iraqi-Kurdish company KAR has won the contract to build Ninewa's planned 90,000 bpd oil refinery. To date, the KAR Group have been working on the Erbil refinery in partnership with the Texas based Ventech Company, in addition to a number of oil, gas and construction projects in Iraq. When complete […]
Massive Potential from Trade and Investment
By Michael Carr, Anglo Arab Insurance Brokers (AAIB). Iraq’s Massive Potential – The Promise from Trade and Investment The newly appointed Baroness Nicholson as the United Kingdoms Trade Envoy to Iraq underscores the view felt by some senior business interests, that “Iraq has massive potential … the future is very good indeed (and) it’s a […]
Gazprom Raises Cost Estimate For Iraq Field
Russia's Gazprom Neft has increased its estimated costs for the Badra oil field to about US $3 billion, reports Bloomberg, citing a bond prospectus recently issued by its parent company. The company had previously forecast costs at about $2 billion. The field is being developed by Gazprom as lead partner (30% stake), along with Korea’s […]
Tadano Delivers Seven Cranes
Iraq’s Ministry of Water Resources has taken delivery of seven 55-tonne GT-550E-2 truck cranes from the Japanese company Tadano, via its distributor, United Iraqi Trading Equipment (UITECO). Manufactured by Tadano's Beijing manufacturing joint venture BQ-Tadano, the four axle GT-550 features a five section 42 metre boom plus a 8.8 to 15.2 metres bi-fold swingaway that […]
Al-Sadr - Retiring or Repositioning?
By Harith Hasan for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The announcement of Muqtada al-Sadr, the leader of the Sadrist movement, that he is retiring from politics triggered many reactions from political and popular circles in Iraq, as well as a lot […]
IBBC Addresses French Businesses
More than 30 senior representatives of some of France’s biggest businesses were in Paris on Fridayto hear the Executive Chairman of the Iraq Britain Business Council (IBBC) talk about the organisation’s work and ambitions for the future. Baroness Nicholson was joined by the Council’s COO, Christophe Michels, at the event which was held in the […]
KRG Addresses Euro Parliament on Human Rights
Minister Falah Mustafa, the Head of the Department of Foreign Relations, addressed a conference in the European Parliament on human rights in Kurdistan and Iraq during a two-day official visit to Brussels this week. Minister Mustafa also met with members of the European Parliament, government officials from the European Union and Belgium and visited both […]
TAQA opens new Erbil Office
TAQA, the international energy and water company from Abu Dhabi, has formally opened its new office in Erbil. The office was inaugurated by His Excellency Abdulla Saif Al-Nuaimi, TAQA Vice-Chairman, in the presence of His Excellency Sinan Abdulkhalq Ahmed Çelebi, Minister of Trade and Industry; Mr. Nawzad Hadi Mawlood, the Governor of Erbil Province from […]
Changing Sea Lanes: Basra Wrecks Pose Risks
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. Changing Sea Lanes: Basra Wrecks Pose Ecological and Political Risks One of Iraq’s most important waterways is littered with sunken wrecks and the debris of past conflicts. Some, like […]
Arab Partnership Participation Fund 2014/15
The British Embassy has the pleasure to invite you to bid for funds from the Arab Partnership Participation Fund (APPF) for the financial year 2014/2015. The Arab Partnership Participation Fund (APPF), led by the Foreign and Commonwealth Office (FCO) focuses on three priority areas: · political participation · freedom of expression and public voice · […]
Fulbright Foreign Student Program Opens
The U.S. Embassy is pleased to announce that we are now accepting applications for the 2015 Fulbright Foreign Student Program. This prestigious and competitive scholarship program, launched in 1946 by the U.S. Congress and the late U.S. Senator William J. Fulbright, allows outstanding students and professionals worldwide to obtain Master’s degrees at U.S. universities to […]