Increased Mental Health Care Needed in Iraq
The Iraqi Ministry of Health and its supporters should improve access to mental health care services for a population still reeling from decades of conflict, political instability, and social upheaval, the international medical humanitarian organization Doctors Without Borders/Médecins Sans Frontières (MSF) said in a report released today. The report, Healing Iraqis: The Challenges of Providing […]
KRG Representation in Sweden Inaugurated
The Kurdistan Regional Government’s Head of Foreign Relations last week in Stockholm re-inaugurated the KRG Representation and had follow-up discussions with the Swedish Ministry of Foreign Affairs and Members of Parliament. At the inauguration ceremony Minister Falah Mustafa Bakir was joined by several officials from Sweden’s Ministry of Foreign Affairs, the Deputy Head of the […]
Syrian Conflict Casts Long Shadow Over Iraq
By Laith Hammoudi. This article was originally published by the Institute for War and Peace Reporting, iwpr.net, and it is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. With no resolution in sight, the conflict in Syria […]
Kuwait "Still Owed $11bn from Iraq War"
By John Lee. The head of Kuwait's Compensation Claims Commission, Khaled Al-Mudhaf, has told KUNA news agency that Iraq paid Kuwait $1.3 billion in January and $1.13 billion on 25th April, as part of the compensation due for the invasion in 1990. Arabian Business reports that during a speech at the Geneva-based UN Compensation Commission, […]
Iraq's Growing Healthcare Business
The provision of healthcare is a priority in Iraq, with the government allocating an estimated $5 billion annually to cover it, and creating three committees to work on a new draft healthcare law. So far this year, we've seen several initiatives in the sector, including: USAID and the Iraqi Ministry of Health hosting the Second […]
Weekly Security Update 24 April - 01 May 2013
By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW At least 279 people have died this week in Iraq as a result of continuing sectarian violence and government crackdowns, bringing the total number of fatalities this year to approx. 1820. Sectarian violence has continued to rage throughout Iraq in a week, which prompted one UN diplomat […]
Iraq Launches World’s Largest Flare Reduction Project
South Gas Company, Shell and Mitsubishi today officially announced the commencement of operations of Basrah Gas Company, which will be the largest gas project in Iraq’s history and the world’s largest flares reduction project. Basrah Gas Company is a 25-year incorporated Joint Venture between Iraq’s South Gas Company holding 51% of its shares, Shell 44% […]
$830m Lockheed Martin F-16 Order
By John Lee. Lockheed Martin Aeronautics has been awarded an $830-million, firm-fixed-price, cost-plus-fixed-fee contract for the production of an additional 18 F-16 aircraft for the Iraqi Air Force. The deal includes associated support equipment, technical orders, integrated logistics support, contractor logistics support and an electronic warfare system. Work will be performed in Fort Worth with […]
BP to Build New Port Terminal at Khor al-Zubair
By John Lee. Reuters reports that BP has signed a deal with Iraq to build a new terminal at the port of Khor al-Zubair. Anmar al-Safi, spokesman at the General Company for Ports of Iraq, told Reuters: "BP will help Iraq build an advanced terminal to receive refined oil product shipments and also to export […]
DNO Releases Annual Report
By John Lee. Norway's DNO International has published its 2012 Annual Report and Accounts detailing the Company's operating performance and audited financial results. DNO delivered revenues of NOK 2,842 million in 2012, up from NOK 2,070 million a year earlier, and net profit of NOK 1,040 million in 2012 versus NOK 653 million in 2011. […]
Iraq Offers Credit in Egypt Oil Deal
By John Lee. Iraq has agreed in principle to offer a three-month, interest-free credit term to Egypt on its deal to sell 4 million barrels of crude a month. According to the report from Dow Jones Newswires, the move could ease the fuel shortage that has recently hit the Egyptian economy. Baghdad is to supply […]
Video: Media Regulator Muzzles TV Networks
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In a blow to freedom of the press in Iraq, the country's media regulator has announced it has suspended the licences of ten satellite news networks, including Qatar-based Al Jazeera. The Communication […]