Iraq: Some Opinions are Worth More than Others
What's the future of business in Iraq? There are plenty of opinions on this, but the opinion of the former US Defense Department official who was tasked with promoting business in Iraq has to be worth more than most. So what does Paul Brinkley have to say about it? “There’s no opportunity like this in […]
Iraq’s 2012 Budget Forecast Based on $80 Oil
Azzaman news agency reports that the Iraqi Central Bank’s budget forecast for 2012 is based on and oil price of $80 per barrel. Muatasem Akram, a consultant with the bank, said the forecast was reasonable, though much below the 2012 forecasts for oil prices on international markets. He acknowledged the bank’s budgetary estimates for oil […]
ARINC Delivers New Air Traffic Control for Iraqi Air Force
ARINC Engineering Services, LLC today announced it has completed the procurement, integration, testing, and installation of new Air Traffic Control Tower (ATCT) systems and equipment for two bases of the Iraqi Air Force. The new technology will allow Iraq’s Air Force to establish efficient operational control with modern equipment in the control towers at Tikrit […]
AVEVA to Showcase Technology in Iraq
AVEVA (LSE:AVV) has announced that it will participate in the inaugural International Erbil Oil & Gas Exhibition, 15-18 December 2011 in Iraq, where it will showcase its object-centric systems for Integrated Engineering & Design solutions. AVEVA will demonstrate the full range of its AVEVA Plant Portfolio. AVEVA Plant is an integrated suite of software for […]
Iraqis Fear Impact of New Kuwait Port
This article was written by Ahmad Wahid, and was originally published by the Institute for War and Peace Reporting, iwpr.net. 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. Thousands of Iraqis working across five ports […]
Weekly Security Update for 9th November 2011
Despite the occurrence of several high-profile attacks around the country, the overall number of violent incidents actually fell in Iraq last week. At least 58 people were killed and 168 injured in nationwide attacks, which is a high figure but still a decrease from the previous week’s total. Attacks were concentrated in Baghdad and Mosul, […]
DNO Announces 3Q Results
DNO International this morning reported a net profit of NOK 299 million [$52.6 million] for the third quarter of 2011 versus a loss of NOK 146 million in the same quarter 2010. The strong result is affected by a net positive finance of NOK 301 million in this quarter. In the third quarter the Company […]
Key Telecoms Developments Discussed at Iraq Telecoms 2011
With over 30 speakers, 21 sponsors and 300 senior telecoms industry experts the CWC Iraq Telecoms 2011 conference took place between the 25-27 October 2011 and was an outstanding success. Held at the Ritz Carlton Istanbul the conference brought together the Iraqi Ministry of Communications, Iraqi Parliament, Kurdistan Ministry of Communications, Iraqi Media and Communications […]
Leighton Offshore Launches New Barge for Iraq Project
Leighton Offshore launched the newest edition to its fleet on Saturday, the Leighton MPV-1 cable lay vessel, at the Al Jazeera Port in Ras Al Khaimah. The MPV -1 will be used to scope the cable-laying of the first phase of $799 million Iraq Crude Oil Export Expansion Project (ICOEEP). The MPV-1 will also work […]
US Navy Delivers 6th Coastal Patrol Boat to Iraq
The U.S. Navy formally delivered the sixth 35-meter patrol boat (P-305) to the Iraqi Navy at the Umm Qasr naval facility in Iraq on Nov. 3, after the ship successfully completed reactivation in Bahrain, Oct. 23. The seamless reactivation enabled delivery to an Iraqi naval base one week ahead of schedule. "The team has once […]
Drive Square will Exhibit Driving Simulators in Basra
Drive Square, Inc. will showcase its driving simulation training system at the November 25-28 Basra Oil and Gas Conference and Exhibition in Iraq. Middle East distributor EMDS will represent Drive Square during the Conference. CEO and Founder of Drive Square, Konstantin Sizov, said EMDS, with its strong background in driver and security training, is the […]
The Iraq End Game: The Krauthammer Version
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. […]