MRC Invites To Bid For New Spare Parts Tenders
Midland Refinery Company invites to bid for the below tenders: -Spares for pump P-405 C/D 4629 -Spare parts for pump type & size SA 450 1350-300 S.P.A -Spare part -Spare part for air circulating water pump -Spares for pump type & size 2 AC-4 stage centrifugal Please click on the above links to obtain the […]
North Gas Company Announces New Tenders
North Gas Company announces the below tenders: -Spare Annubar Flow Element -Spare for SRU 4700 -Forklift Truck 1 Ton -Desiccant Molecular Sieves 4/A Please click on the above links to obtain further information about each tender.
Iraq: Four Pieces of Good News
Iraq Business News is very pleased to be able to report some positive developments for our readers and for all who are interested in business in Iraq: AAIB Insurance Brokers, Iraq Insurance, part owner of IBN, has just launched a convenient and cost-effective travel insurance facility for anyone wishing to visit Iraq. To find out […]
Erbil Property Still a Buy
Erbil property has been one of the best investments in Iraq over the past year. While the ISX is up about 50% over the last twelve months, prices for residential and office space in the Kurdish capital have more than doubled. 600 sq m single detached houses in the city’s Italian Village development, for example, […]
Shell-BGC Contracts: Inked but not yet approved!
Ahmed Mousa Jiyad is an independent development consultant, scholar and Associate with Centre for Global Energy Studies (CGES). He was formerly a senior economist with the Iraq National Oil Company and Iraq’s Ministry of Oil, Chief Expert for the Council of Ministers, Director at the Ministry of Trade, and International Specialist with UN. He is […]
Online Iraq Travel Insurance, with War and Terrorism cover, from less than US$2 per day
As Iraq continues to prove itself as one of the fastest growing emerging markets in the world, more and more business travellers are using AAIB Insurance Broker’s unique, online Iraq Travel Insurance facility. Iraq-travelinsurance.com provides instant cover for travel to Iraq from anywhere in the world, from less than US$2 per day. Essential War and […]
Iraq Abandons Plan to Buy F-16 Fighters
Iraq has postponed plans to buy U.S.-built Lockheed Martin F-16 fighter jets because it lacks the funds to rebuild its air force, government spokesman Ali al-Dabbagh told Bloomberg. “Iraq is determined to rebuild its air power capabilities, but the plan is postponed ... There are no new negotiations by the Iraqi government or the defense […]
New Iraqi Oil Prices for August
Iraq’s State Oil Marketing Organisation (SOMO) has adjusted its official selling prices on Sunday for its Basra Light and Kirkuk crude grades for August. In common with some other countries, Iraq’s oil is priced relative to regional benchmark prices: For shipments to US, contracts are priced are relative to the Argus Sour Crude Index (ASCI); […]
Iraqi Banks Too Small for Major Projects
Iraqi banks are too small to be useful to international companies, resulting in major investment projects being impeded, Iraqi Electricity Ministry Spokesman Musab al-Mudarres told AKnews on Tuesday. “Iraqi banks cannot provide financial guarantees to foreign companies because their capital is below the guarantees expected by corporations", he said. "The Ministry of Electricity has submitted […]
Sulaimaniyah Needs 3 New Hospitals
Three more maternity hospitals need to be built in Sulaimaniyah to deal with the fact that a baby is born every 35 minutes in the province, medical officials say. The Director of Sulaimaniyah's only maternity hospital, Shler Fayaq Gharib, said the province needs three more maternity hospitals to deal with the increase in births. AKnews […]
Nineveh Signs Agreement with German Businesses
Nineveh Chamber of Commerce has signed a memorandum of understanding with a delegation of German business people for the exchange of expertise, the head of the chamber told AKnews. Moqbel Ahmed Dabbagh said on Monday that the agreement will see coordination between both sides to increase the booming investment in the Iraqi province. He said […]
Maliki Goes to China in Search of Investment
Iraqi Prime Minister Nouri al-Maliki will travel to China this week in a bid to attract Chinese investors to Iraq, an advisor to the PM told AKnews on Tuesday. Ali al-Mousawi said that Maliki will head a trade delegation, following an official invitation from the Chinese government. Mousawi said Chinese companies are already heavily engaged […]