WesternZagros Revises Resource Estimates
WesternZagros Resources has conducted further analysis of the results from the Kurdamir-2 well and provides a revision of its resource estimates for the Oligocene reservoir in the Kurdamir Block, as well as an update for the adjacent Oligocene reservoir in the Baram prospect on the Garmian Block. On the Baram prospect, the total mean estimate […]
Exxon Hires Former US Ambassador to Iraq
By John Lee. Oil giant ExxonMobil has reportedly hired former U.S. ambassador to Iraq, James Jeffrey (pictured), as a consultant. The company was recently told that it must choose between working in Iraq's southern oilfields, where it operates the $50 billion West Qurna 1 oilfield, or in Kurdistan, where it has signed exploration deals. Exxon’s […]
Standard Chartered Expanding in Iraq
By John Lee. British bank Standard Chartered is to apply to Iraqi regulators for permission to open three business branches in Baghdad, Basra and Erbil. Chief executive of wholesale banking, Mike Rees (pictured), told The Telegraph: "Associated with the name British is trust ... It is a very important brand which I think is underestimated. But […]
KRG's Hawrami Welcomes UK Energy Delegation
The UK’s leading trade association for oil and gas supplies and services on Thursday concluded its first mission to the Kurdistan Region. Dr Ashti Hawrami, the Kurdistan Regional Government’s Minister of Natural Resources, met the delegation from the Energy Industries Council (EIC), which was accompanied by the British Consul General Hugh Evans. After their meeting […]
Kirkuk Shines Spotlight on Turkey’s Iraq Policy
By Ilnur Cevik for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Turkish authorities fear that three deadly bomb attacks in Kirkuk and Tuz Khurmatu in the past month aim to further fuel the tensions between Iraqi Arabs and Kurds and push the […]
Cooperation Between Kurdistan and Northern Ireland
Northern Ireland companies are being encouraged to take advantage of a bonanza of economic opportunities in the Middle East. Enterprise Minister Arlene Foster was speaking as she welcomed His Excellency Masoud Barzani, President of the Kurdistan Region of Iraq to Northern Ireland, on a two-day trade and investment visit organised by Invest NI. Minister Foster […]
First Germany-Kurdistan Economic Forum
Germany’s Federal Minister of Transport, Building, and Urban Development, Peter Ramsauer, led a business delegation to Erbil to meet Kurdistan Regional Government officials and participate in the first Germany-Kurdistan Region economic forum. The German delegation met Prime Minister Nechirvan Barzani, who thanked them for their willingness to be part of the Kurdistan Region’s development process. […]
Iraqi Housing Initiative "Fails to Deliver"
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi National Investment Commission (NIC) is facing major problems in marketing units in the largest residential project in the country, despite the growing housing crisis in the capital of Baghdad. […]
Iraq: "A Broken Justice System"
Iraq’s leadership used draconian measures against opposition politicians, detainees, demonstrators, and journalists, effectively squeezing the space for independent civil society and political freedoms in Iraq, Human Rights Watch said in its World Report 2013. The number of violent civilian deaths in Iraq increased in 2012, for the first time since 2009. Thousands of civilians and […]
Video: Rocket Attack Kills Iranian Exiles in Iraq
Katyusha rockets fired on a camp housing Iranian dissidents near Baghdad have killed five members of the opposition group, Iraqi security officials say. About 40 members of the Mujahedeen-e-Khalq (MEK) group were wounded in Saturday's attack, along with three Iraqi policemen. (Source: Al Jazeera)
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 7th February 2013). Please click here to download a table of listed companies and their associated ticker codes. ID1,646 / $1,780 (+0.4%) (weekly change). The number of week traded shares was 92.7bn and the weekly trading volume was ID1520bn ($1.3bn). ISX Company […]
معرض اربيل للتعليم والتدريب
معرض اربيل للتعليم والتدريب