ABB Wins $30 Power Grid Order
ABB has won an order worth around $30 million from Zagros Energy to build four new transmission and distribution substations in the Kurdistan region of Iraq, as part of an overall initiative to expand and strengthen the regional power grid. The order was booked in the second quarter. Demand for reliable power is growing at […]
Iraq Requests UNAMI Extension
By John Lee. Iraq has officially requested the UN Security Council to extend the term of UNAMI in Iraq for another year, reports Aswat al-Iraq. The request was submitted by Iraqi ambassador Mohammed Ali al-Hakeem to the United Nations. He requested that UNAMI will have logistic assistance to provide adequate observers for the coming parliamentary […]
Korek Upgrades Network in Southern Iraq
Korek Telecom customers in southern Iraq will soon experience high-speed mobile broadband and better voice call services with improved coverage. For this, Korek Telecom, a leading telecom operator in Iraq, has selected Nokia Siemens Networks to deploy its advanced radio, microwave transmission and packet core network elements, using its comprehensive services. The operator has also […]
Weekly Security Update 09 - 16 July 2013
By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW In line with developments last week violence has intensified in Iraq this week with the resumption of multiple high impact attacks across the country, especially in the southern predominantly Shia provinces around Basra who bore the brunt of the violence toward the latter part of the reporting […]
Iraq at a Crossroads
At the end of this month, Martin Kobler will finish his two-year term as United Nations Secretary-General Ban Ki-moon’s Special Representative for Iraq, and Head of the United Nations Assistance Mission for Iraq (UNAMI). While his tenure has not been without controversy -- he has, for example, been strongly criticised by some for his handling of […]
Public Holiday Declared due to Heatwave
By John Lee. The Iraqi Government has announced that Thursday 18th July will be a public holiday due to the high temperatures. As a result, the Iraq Stock Exchange (ISX) will be closed. The next session will be held on Sunday (21st July). (Source: Rabee Securities)
Mass Global Selects GE Turbines for Erbil
By John Lee. Mass Global Investment Company has selected GE steam turbine technology to increase the efficiency and the output of the Erbil Power Plant in Iraq's Kurdistan region. In operation since late 2008, the Erbil plant plays a vital role in meeting the growing power needs of Kurdistan, Iraq. Under the new agreement, GE […]
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 […]