Supreme Court Publishes the Bulani Ruling
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. […]
Foundation Stone Laid for Giant Food Warehouse
Sinan Chalabi, Kurdistan trade and industry minister, laid the foundation stone on Wednesday for a new government-owned food storage warehouse in Erbil AKnews reports that the project, with capital of $1.5 million, will be completed in one year. The building which will store the monthly food-rations of residents will be constructed on 4,000 square meters […]
Iraq's Planning Minister Meets UAE Ambassador
Iraq’s Planning Minister, Ali Yousif al-Shakari [Ali al-Shukri], pictured, met with Rashid al-Mansouri, the Ambassador of the United Arab Emirates (UAE), to discuss joint cooperation between the two countries. Minister Shakari expressed his admiration for the UAE, according to Aswat al-Iraq. The agency quotes the Ambassador as “having expressed UAE’s readiness to expand horizons of […]
Weekly Security Update for 25th August 2011
The current world focus is on Libya, with AKE now ranking Tripoli as being much more hostile a working environment than Baghdad. However, conditions are still fluid and unstable in Iraq, and levels of violence have crept up in the country for the third consecutive week. Dozens of people were killed and hundreds injured in […]
Just How International is Iraq?
If anyone ever doubted the international nature of business in Iraq, just look at the list of nationalities represented on the list of companies pre-qualified for the country's fourth round of oil licences: Angola China Croatia Egypt France India Indonesia Italy Japan Kuwait Malaysia Netherlands Norway Pakistan Russia South Korea Thailand Turkey United Arab Emirates […]
MoU signed for Mosul Refinery
A refinery with a capacity of 150,000 barrels per day will be constructed by the Egyptian Qalaa Company in Nineveh province. In a statement, Deputy Oil Minister Ahmed Shamaa said the Ministry of Oil has contracted Qalaa to establish the refinery which will process the crude oil from the Najma and Gayar fields near Mosul. […]
Iraqi Govt to Tighten Importation Regulations
From the beginning of 2012 the Ministry of Trade will strictly control the importation of goods into the country, says the minister. Khayrullah Hassan told AKnews that the ministry will work according to a quota system based on need, and all imports must attain its prior approval. “We will not allow businessmen to trade in […]
Najaf Grants $56m Investment Licences
Najaf Investment Commission announced on Tuesday that it has granted two investment licenses worth a total of $56 million. According to AKnews, one is to build a residential complex in Manathira district, and the other is to build a tourist hotel in Najaf city. Wafi al-Bahhash, the head of the commission, told AKnews that the […]
Jordanian Company Wins Bid to Import Iraqi Fuel Oil
An Amman-based freight company has won a tender to transport 30,000 metric tons of fuel oil per month from Iraq to Jordan, the nation’s official news agency Petra said. Bloomberg reports that the company is called 'Mahmoud Al Zoubi for Transport', and that it will charge 37.3 Jordanian dinars ($52.65) per ton, which was the […]
Iraq's Grain Board Issues Wheat Tender
The Grain Board of Iraq (Ministry of Trade) has announced a tender for the supply of 50,000 tonnes of wheat. The deadline for bids is 10:00 am Baghdad time on 6th September. Please click here to download the tender details.
Listing of Firms Qualified for 4th Oil Licensing Round
Iraq's oil ministry has issued a list of the 41 companies qualified to participate in its fourth energy bidding round in January: ATPECO - Japan Bashneft - Russia BP - UK Chevron Corp - United States CNOOC - China CNPC - China Edison - Italy Egyptian General Petroleum Corp - Egypt Eni Iraq - Italy […]
US to Provide Iraq with Phone and Text Monitoring
The U.S. is planning to provide Iraqi authorities with technology to monitor and record telephone calls and text messages, according to a report from Mobiledia. Spokesman for the U.S. forces in Iraq, Geoffrey Buchanan, told Radio Free Iraq that a deal was signed with Iraq's Interior Ministry to provide it with the new technology as […]