Erbil Governor Reviews Road Projects
By John Lee. Nawzad Hadi, Governor of Erbil, has visited the Kore-Qandil road project to review progress. On his visit Mr. Hadi was accompanied by Deputy Governor Tahir Abdullah, general directors of roads, municipality and water resources in Erbil, in addition to the Mayor of Shaqlawa. They started their visit at the Kore-Qandil road, a […]
Dhi Qar Begins Infrastructure Projects
By John Lee. The Iraqi government has announced a series of development projects in Dhi Qar [Thi Qar] province as part of this year's annual provincial development plan. Deputy Prime Minister for Service Affairs, Saleh al-Mutlaq [ Saleh al-Mutleg, Salih al-Mutlaq] (pictured), told Al-Shorfa that the projects, which include building a sewerage network, extending drinking water […]
New Turkish Consul General in Erbil
The new Turkish Consul General in Erbil, Mr Mehmet Akif Inam, met with Minister Falah Mustafa as part of his courtesy calls with senior government officials. He previously served as a Counsellor in the Turkish Embassy in Washington DC. He replaces his predecessor, Mr Aydin Selcen. In welcoming him to his post in Erbil, Minister […]
Iraqi Politicians Push for More Power to Provinces
By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi parliament’s passage on June 23 of the Provincial Powers Law, which bolsters decentralization and gives local governments added authority, encouraged politicians to demand that the Federation Council Law be […]
Video: Iraq sees Biggest Wave of Violence in Years
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq has been hit by a wave of bomb attacks in the biggest increase in violence in five years. The latest attacks have included blasts at football fields, mosques and cafes, as people […]
Oil & Gas Law Key to Resolving Issues
Translated from Al-Hayat by Abdel Wahed Tohmeh, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan Region Natural Resources Minister Ashti Hawrami (pictured) said that the shares of oil companies operating in the region have exceeded $3.5 billion. He stressed the […]
Turkey’s Doğuş Expands into Iraq
By John Lee. Hurriyet Daily News reports that Doğuş Otomotiv, the automotive arm of Turkey’s Doğuş Holding, has said it has reached an agreement with Volkswagen and Audi to establish a company in Iraq. Doğuş Otomotiv will own 100 percent of the company that will deal with distribution and after-sale services for Volkswagen and Audi […]
Zebari meets Iraq Britain Business Council
On 13th July the Iraq Britain Business Council (IBBC) held its annual conference at Cumberland Lodge near London. The conference was attended by many British businessmen, heads of British companies and some Iraqi businessmen specialized in the fields of energy, infrastructure, health services. The Council, which was founded about four years ago, is managed by Baroness […]
Ahmadinejad to Visit Iraq
By John Lee. Iran's outgoing president, Mahmoud Ahmadinejad, is set to make a two-day visit this week to Iraq, Prime Minister Nouri al-Maliki's spokesman said on Sunday. He is expected to arrive in Baghdad on Thursday to meet with the Prime Minister. According to a report from NCR-Iran, Ahmadinejad's visit to Iraq in 2008 prompted […]
Zubair Oil Contract Revised
By John Lee. Associated Press reports that the Italian oil company Eni has agreed to lower production targets at the Zubair oil field. It has also extending the length of the contract by five years. Eni says that the deal signed on Monday in Baghdad sets a new target at the field of 850,000 barrels […]
Carlyle Group to Consider Investments in Iraq
By John Lee. American-based private equity firm Carlyle Group is reported to be looking for opportunities in Northern Iraq. A report from Dow Jones says the move comes as a result of a new $750m fund that the company hopes to raise to invest in the Middle East and North Africa. The firm, which is […]
Iraq 'Fails to Resume Kirkuk-Ceyhan flows'
By John Lee. Iraq has again failed to restart exports of crude oil via the Kirkuk-Ceyhan pipeline, reports UpstreamOnline. Pumping was suspended since 21st June due to a leak in the Ain al-Jash area, around 290 kilometres northwest of Baghdad. There was a brief restoration of service last week, but flows are again reported to […]