GKP Appoints Non-Exec Directors
By John Lee. Gulf Keystone Petroleum (GKP) has announced the appointment of Andrew Henry Simon O.B.E. (pictured) to its Board as a Non-Executive Director with immediate effect. In addition, as approved by shareholders at the Company's Annual General Meeting, held on 25 July 2013, and following the completion of the AIM mandated due diligence process, […]
Eni's Scaroni Meeting with al-Maliki
By John Lee. Iraqi Prime Minister Nouri Al-Maliki and Eni’s CEO Paolo Scaroni (pictured) met on Monday in Baghdad to discuss Eni’s activities in the country. During the meeting, Mr Scaroni along with Claudio Descalzi, COO of Eni E&P, updated the Prime Minister on the development activities at the Zubair oil field and discussed the […]
Praise for Open Border Policy for Syrian Refugees
Amid a continuing exodus of Syrians into Iraq's Kurdistan region, the heads of the UN refugee agency and the World Food Programme praised the regional government for giving refuge to almost 200,000 people, including some 47,000 who arrived in the last two weeks. Despite the burden of accommodating such a large influx of refugees, the […]
Japan’s Lesson of Tolerance for Iraq
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Japan has taught Iraqis an important lesson on tolerance and humanitarian devotion when it decided to open a hospital in the city of Fallujah in memory of Japanese journalist Shinsuke Hashida, […]
Supreme Court Annuls Article 23 Re Kirkuk
By Reidar Visser. The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Somewhat in […]
More than 800 Iraqis Killed in August
By John Lee. According to casualty figures released by UNAMI, a total of 804 Iraqis were killed and another 2,030 were wounded in acts of terrorism and violence in August. The number of civilians killed was 716 (including 106 civilian police), while the number of civilians injured was 1,936 (including 195 civilian police). A further […]
Petroceltic Spuds Shakrok-1
By John Lee. Petroceltic International has announced that it has spudded two wells: Shakrok-1, the first well in its drilling campaign in the Kurdistan Region of Iraq and Cobalcescu South, part of its planned multi-well drilling campaign, offshore Romania. Kurdistan Region of Iraq In July 2011 Petroceltic announced that Petroceltic Kurdistan Limited ("Petroceltic Kurdistan") had […]
Assessment of the Nasiriya Integrated Project Contract
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi Ministry of Oil (MoO) prepared a complex contract commensurate with the structure and complexity of Nasiriya Integrated Project (NIP), to be offered in a bid round scheduled for December 2013. […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th August 2013). According to Central Bank of Iraq (CBI)’s announcement, CBI’s board has decided to lift custody over Warka Bank on August 25, 2013 after the Financial Services Court has made a final decision about the custody case on May 26, 2013. […]
CBI "Lifts Custody" over Warka Bank
By John Lee. The Central Bank of Iraq (CBI) has announced that its board has decided to "lift custody [guardianship]" over Warka Bank on August 25, 2013, following a final decision made by the Financial Services Court on 26th May, 2013. Warka Bank announced on its website that: "This decision comes in accordance with the […]
Jordanian Academy to Train Iraqi Air Force
By John Lee. The Royal Jordanian Air Academy in Amman, Jordan, has won a firm-fixed-price contract valued at $12,789,935 for English language and technical training to Iraqi Air Force students. Training will be at the Royal Jordanian Air Academy, and is expected to be completed by Aug. 8, 2014. (Source: U.S. Department of Defense)
Strengthening Iraqi Int'l Student Programs
The U.S. Embassy Baghdad is hosting two senior administrators from Stanford University from August 25 to September 3 to partner with the Government of Iraq in expanding graduate degree opportunities for Iraqi students in the United States. Under the Strategic Framework Agreement between the United States and Iraq, promoting cooperation in higher education is a […]