Sheraton Considering Hotel in Erbil
Rudaw reports that a delegation from the Sheraton hotel chain recently visited Erbil to explore the possibility of building a hotel. Omed Kayfi, head of Kurdistan Region tourism department, told Rudaw, “so far ... Marriott, Hilton and Turkish Divan brands are building hotels in Erbil ... Sheraton has also visited the Kurdistan Region to assess […]
Preventive Diplomacy in Iraq
In the following video interview, former UNAMI chief Ad Melkert (2009-2011) recounts how the United Nations supported dialogue over boundary issues and assisted Iraqi politicians to find a compromise on the electoral law that laid the ground for peaceful elections in 2009. (Source: United Nations)
Capital Bank Opens first National Bank of Iraq Branch in Erbil
As part of its expansion plans across Iraqi provinces, and in an effort to offer premium banking services and facilities to its corporate clients, Capital Bank announced the opening of its first National Bank of Iraq (NBIRQ) branch in Erbil. Through its acquisition of a controlling 72% share in the National Bank of Iraq (NBIRQ), […]
Groundstar Concludes Operations at Qara Dagh; Shares Plunge
Groundstar Resources has announces that the consortium has concluded operations at the Qara Dagh -1 exploration well; the company's shares closed down 28% on Friday. The well has been drilled to a total depth of 4,196 meters, the maximum depth possible with current casing and drilling equipment, ending in the basal section of the Upper […]
Korea's Daewoo in Iraqi Steel Talks
Azzaman reports that the Ministry of Industry and Minerals has asked South Korean firm Daewoo to rehabilitate its steel industry, which has been idle for more than three decades. Iraq had built one of the Middle East’s largest steel complexes, called the State Company for Iron and Steel, near the port of Umm Qasr, about […]
Lord Guthrie Joins Gulf Keystone
Gulf Keystone has appointed General the Lord Guthrie of Craigiebank, GCB LVO OBE DL, as a Non-Executive Director. Lord Charles Ronald Llewelyn Guthrie, 72, served in the British Army from 1957 to 2001. From 1997 to 2001 he was Chief of the Defence Staff and the Principal Military Adviser to two Prime Ministers and three […]
Ambassadorial Lunch with Michael Aron, HMA to Iraq
The Middle East Association will host a Lunch for Mr Michael Aron, HM Ambassador to Iraq, on Monday 31st October at Bury House. Michael is a career diplomat, having joined the FCO in 1984. His early work included Iran, the UK Mission to the UN, and the European Commission. He has held a number of […]
Iraq Stock Market Report
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th September 2011). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,660 / $1,841, -0.4% (weekly change). The number of weekly traded shares was 4.1bn and the weekly trading volume was […]
TEDxBaghdad - Making the Impossible Possible
TEDxBaghdad will Make the Impossible Possible when it brings some of the country's - and world's - brightest minds to Baghdad's Al-Rasheed Hotel to imagine the Iraq of the future. Through a series of talks and performances by a diverse array of talent, TEDxBaghdad will inspire a new Iraqi narrative in the wake of war […]
A Special Issue: Oil in Iraq
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The international Journal of Contemporary Iraqi Studies-IJCIS has just released it is special issue on “Oil in Iraq”. Many prominent Iraqi and non-Iraqi scholars have contributed articles to this timely and important […]
حفل تخرج ورشة اعداد المحكم التجاري الدولي في فرنسا
اقامت غرفة تجارة النجف – مركز التحكيم التجاري الدولي حفل تخرج ورشة اعداد المحكم التجاري الدولي في جامعة دويه – فرنسا بتاريخ 22 ايلول 2011 وترأس الوفد المشارك في الحفل المهندس زهير محمد رضا شربه وتضمن برنامج الحفل محاضرة عن المحكمة التجارية القاها البروفيسور دونية نيونو من جامعة ليل الفرنسية ثم القى رئيس الغرفة المهندس […]
Baghdad Mayor Discusses Baghdad Metro with French Company
The Mayor of Baghdad, Sabir al-Issawi, met representatives of the French company Sistra [Systra] to discuss the studies and designs for the Baghdad Metro Project, a Mayoralty statement reported on Wednesday, according to Aswat al-Iraq. “The Mayoralty’s Designs Department had prepared over the past few months the detailed dossiers about the transportation problems in Baghdad, […]