The Economics of Federalism in the Iraqi 2012 Draft Budget
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. […]
Video: UN Special Representative on Security in Iraq
Informal comments to the media by Martin Kobler, Special Representative of the Secretary-General for Iraq, on the United Nations Assistance Mission for Iraq (UNAMI): (Source: United Nations) For more analysis on the current security situation please see today's report from our Expert Blogger John Drake.
Deterioration Ahead of the Pullout
Many are concerned that conditions could worsen in Iraq once the US military has withdrawn its forces from the country. Troops are required to leave by the end of the year and the pullout is already well underway. Hundreds of transport vehicles are currently snaking their way south towards the Kuwaiti border. Most of the […]
Basra wants Bigger Say, More Autonomy
Officials in Basra are reportedly trying to cancel a $17 billion Shell gas deal because they want a bigger say, highlighting the pressure on central government to ease its control over the provinces. According to the report from Reuters, the province is increasingly restless with the slow pace of development and wants more control over […]
New Video Feature on WesternZagros Resources
WesternZagros Resources Ltd. (TSX VENTURE:WZR) will be profiled in a BTV - Business Television feature to be broadcast on national TV in Canada and the U.S. on December 10 and 11, 2011. BTV, a half-hour weekly business news program, profiles emerging publicly-traded companies across Canada and the U.S. WesternZagros's BTV segment will feature interviews with […]
DNO Issues Updated Corporate Presentation
Norwegian oil company DNO, which has extensive interests in Iraqi Kurdistan, has issued an updated corporate presentation. Please click here to download (7.6 MB).
Basra Oil & Gas Welcomes 17,000 Visitors
The 2nd Basra Oil & Gas, organized by Expotim International Fair Organizations INC and Pyramids International Group, concluded on the 28th November with record exhibitor and visitor numbers. The 2011 edition of the largest oil & gas show in Iraq welcomed 17,000 visitors from over 40 countries emphasizing its stance as an international exhibition. This […]
Leighton Engineering Awarded $10m Iraq Contract
Leighton Offshore officially launched its new engineering business in Malaysia. DPS Leighton Engineering Sdn Bhd (LE), a fully owned PMC subsidiary of Leighton Offshore, provides engineering and PMC solutions for Leighton's international EPCIC and LOFS business. Leighton's detailed engineering and PMC arm has grown from the former oil and gas engineering consulting business of DPS […]
Able Logistics Seals Transport Agreement with Iraq
Able Logistics Group, a UAE based logistics & transport company, has secured a prized deal with the National Transport Company, an entity of the Iraqi Ministry of Transport, for the co-management of land transport operations to and from Iraq. Abdul Karim Al Zuhairi, the official spokesperson for the Ministry stated to Al Hayat NewsPaper on […]
Iraq Improves Rank in Corruption Index
Iraq has improved its position in Transparency International’s Corruption Perceptions Index from 4th worst to joint 8th worst. This places it ahead of Somalia, North Korea, Burma (Myanmar), Afghanistan, Uzbekistan, Turkmenistan, and Sudan, and on a par with Haiti. The improvement is to praised, but being behind countries such as Venezuela, the Democratic Republic of […]
Iraq Participates in Anti-Corruption Workshop in Amman
Iraq has recently participated in an Arab workshop on combating financial and administrative corruption in governmental and private institutions, according to a report from Aswat al-Iraq. The Jordanian al-Arab daily said that Iraq, Saudi Arabia, Oman and Jordan are participating in the workshop in Amman, Jordan, that tackles combating corruption with new technologies and the […]
Iraq: Pick a Sector
We all know oil and gas are the drivers of Iraq's economy and will fuel the development of the country, but it would be a mistake to think that all the investment in Iraq will go into energy-related infrastructure. Taking a totally unrelated sector as an example, healthcare in Iraq has received massive funding and […]