Basra Approves Another 1857 Housing Units
Basra Investment Commission has approved a project to build 1857 housing units in the Rabet Kabir area. According to AKnews, the investment is valued at $108 million, while Aswat al-Iraq puts the figure at $250 million. An Iraqi company called Falcon is leading the project. The 90 four-storey buildings will accomodate 1440 flats with an […]
Weekly Security Update for 15th February 2012
Levels of violence fell in Iraq last week. At least 19 people were killed and 55 injured in nationwide incidents. This is a relatively low figure for the country. There was a decline in bombings and shootings countrywide. There were no suicide bombings or abductions reported, although a woman was rescued from captivity during a […]
Strong Results from DNO, 19 New Wells Planned
DNO International ASA, the Norwegian oil and gas company, today announced record operational and financial results for 2011 and unveiled the most extensive drilling program in its 40-year history as it accelerated plans for a listing on the London Stock Exchange later this year. Working interest (WI) production in 2011 more than doubled to 39,966 […]
Iraq Plans to more than Double Northern Oil Output
Iraq aims to more than double oil production in its northern region by the end of 2014, according to a report from AFP. Hamid Abdelrizak al-Saadi, general manager of the North Oil Company, said the planned increases for various fields would bring the total to about 1.3 million bpd, from a current level of about […]
Real Madrid to Open 4 Soccer Academies in Kurdistan
The Kurdistan Regional Government's (KRG) Minister of Sports and Youth, Kawa Mahmoud, has announced that Spanish soccer club Real Madrid is to open four soccer schools in the region. According to a report from AKnews, the opening of the schools has been seen by officials in Kurdistan Region as a significant project that will greatly […]
Towards Asymmetrical Decentralisation in Iraq?
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. […]
العمل في العراق
,تحية طيبة وبعد تدعوك للإطلاع على الحدث المرتقب الذي تنظمه وزارة الخارجية الأميركية في واشنطن العاصمة Iraq Investment & Reconstruction Task Force [email protected]: إذا كانت لديك اي اسئلة بخصوص هذا الحدث الرجاء الإتصال بمكتب العراق في وزارة الخارجية الأميركية على "العمل في العراق " 5/3/2012 في مركز جورج مارشال في وزارة الخارجية الأميركية […]
Supply of Micro-g-Lacoste Gravity Meter
State Company of Ministry of Industry and Minerals , Geological Survey and Mining , invites all suppliers of the proper experience and specialization to participate in supplying Micro-g-Lacoste Absolute Gravity Meter A10 with its accessories attend to the commercial department at the company head office located in Baghdad -Andulos Square Ibn-Al-Nafees hospital to obtain a […]
BAE Systems Wins $31m Iraq Deal to Refurbish APCs
BAE Systems in partnership with the Anniston Army Depot (ANAD) are refurbishing 440 M113A2 armored personnel carriers for Iraq through a foreign military sales contract worth more than $31 million. “The M113 refurbishment will give the Iraqi Army a capability which is relevant to a variety of threat environments,” said Joe McCarthy, vice president and […]
Lamprell Wins $62m Iraqi Oil-Rig Contract
Oil engineering company Lamprell has announced that it has been awarded a contract by Leighton for the fabrication of two topsides and jackets with metering skid and associated piping in connection with the Iraq crude oil export facility reconstruction. The deal is valued at USD 62 million. The works will be performed at Lamprell's Sharjah […]
Iraq 2012 Wheat Crop 10-15% Below 2011
Iraq's wheat crop is expected to decline further if rains do not arrive soon, according to a report from BlackSeaGrain. Although some small showers have helped the crop, wheat yields are already down by 11 per cent on the last seasons crop. If the rains do not arrive Iraq will most likely need to increase […]
Iraq to Buy 25,000 tons of Vegetable Oil from Egypt
The Iraqi Trade Ministry has reportedly signed a contract with the Egyptian company Arma for the purchase of 25,000 tons of vegetable oil. Hashem Hatam, the Foreign economic relations chief at the ministry, told AKnews that the oil will be distributed to civilians through the food rationing program. The quantity is sufficient for only three […]