IBN Newsletter Reaches 100th Edition!
Today we are proud to bring you the 100th edition of our Iraq Business News newsletter, and during that time it has been our pleasure to provide you with essential news and top-class business intelligence. From a modest start, our newsletter is now read by more than 11,000 people each week, while our website receives […]
Jordan Invited to Join $40bn Iraqi Reconstruction Plan
The Iraqi housing and rehabilitation minister, Mr Mohammad Darraji, has urged Jordanian construction firms and contractors to enter Iraq, reports Steel Guru. Jordanians have a real opportunity to contribute to Iraq's huge rebuilding projects, for which the government has allocated $40 billion in 2012, he said. Mr Darraji made the remarks during a meeting with […]
Iraq Postpones Oil Terminal Start “Indefinitely”
The opening ceremony to inaugurate Iraq's first floating oil terminal was postponed until further notice, an Oil Ministry spokesman announced on Wednesday. Aswat al-Iraq reports that there were 'operational problems', while Bloomberg's contact gave no reason for the delay, the third since last month. The terminal, which has an export capacity of 900,000 bpd, was […]
Tupperware to Educate Iraqi Women on Entrepreneurship
Harnessing education to empower women, Tupperware Brands today announced the creation of the Tupperware Global Links Program, a yearlong externship designed to inspire a new generation of Iraqi women entrepreneurs and, in turn, help strengthen the country's struggling economy and rebuild its middle class. Tupperware, a longtime World Economic Forum (WEF) participant, is announcing the […]
Samsung Wins $1bn Oil Contract
Iraq's cabinet announced that it had approved a $998 million oilfield service contract on Tuesday with a South Korean company for the West Qurna 2 oilfield, according to Reuters. While the memo did not name the company, Samsung Engineering was the only South Korean company on the final shortlist. Iraq and its partners, Russia's Lukoil […]
Rental of Forklifts, Cranes, and Trucks for UN Use inside UNAMI Basrah Compound in Iraq
United Nations Assistance Mission for Iraq is seeking to establish a contract for rental of Fork Lifts, Cranes and dump Trucks for its use inside UNAMI-Basrah Compound, located within COB Military Base in the vicinity of Basrah International Airport, at the U.S. Consulate General Compound (PRT), Iraq. This will be on “as-and-when “required basis. They […]
Training for e-Government Services Implementation in Iraq
UNDP -Iraq is seeking for a Contractor to provide technical assistance to the Government of Iraq to develop and implement a pilot e-service systems based on Service Oriented Archtecture (SOA)- based business process design approach to assure fast scaling and quick wins for e-government. To this respect, a workshop shall be conducted with the targeted […]
Provision of Catering Services to UNAMI Regional Headquarters in Basrah
The United Nations Assistance Mission in Iraq (UNAMI) requires a full cafeteria services operation to provide nutritious meals daily for its staff members at dining facilities at the UNAMI Regional Headquarters in Basrah, Baghdad International Airport (BIAP) and Kirkuk, Iraq for a long-term contract (5X1 Year), extendable on yearly basis, subject to extension of UNAMI […]
Czechs Hope to Sell Combat Jets to Iraq
Czech aircraft company Aero Vodochody and the Czech Ministry of Defense will meet with Iraqi government and military representatives in Prague on 23-24th January with a view to landing a deal to supply 20 of its L-159 fighter planes. The manufacturer, part of the Penta group, has reportedly already received Kč 25.2 million ($1.3 million) just […]
Zaha Hadid Shortlisted for $1bn Parliament Complex
The Architects' Journal reports that Zaha Hadid Architects (ZHA) has been shortlisted to design the new $1 billion parliament complex in Baghdad. ZHA senior architect Mohamed Al-Jubori attended a project briefing in Baghdad last month with Iraqi parliament president Osama al-Nujaifi. Hadid already has the contract for the Iraqi Central Bank building. The practice is […]
Basra Grants 30 Investment Licences
The Basra Investment Commission (BIC) has announced that it granted 30 investment licences in 2011 worth a total of 1.1 billion Iraqi dinars. Head of the Commission, Khalaf al-Badran (pictured), said that many foreign countries submitted proposals to invest in the province, including companies from the United States, United Kingdom, China, South Korea, Turkey and […]
Iranian Farast Group Considers Basra Investments
A delegation from the Iranian Farast Group visited the Basra Investment Commission (BIC) and met its chairman, Khalaf Al-Badran. They discussed the possibility of obtaining investment opportunities in various sectors, including housing and electricity. The representative of the group, Ridha Mudhahari, said that his group includes 78 foreign and local specialized companies and that they […]