Iraqi Conference Promotes Iranian Investment
Iraq's National Investment Commission (NIC) presented investment opportunities in 16 key economic sectors to a formal gathering of around 170 Iranian firms and businessmen on Wednesday in Baghdad. The sectors proposed include Iraq’s infrastructure, industry, agriculture, communications and transportation. Sami al-Araji (pictured), head of the NIC, told reporters at a press conference in the Baghdad […]
Serco Wins $30m Air Traffic Control Contract
Alsumaria News reports the the British company Serco has signed a $30 million contract with the Iraqi Ministry of Transport to manage its air traffic control funtions. The new British Ambassador, HE Michael Aron, said "the signing of the contract will encourage more British companies to come to Iraq." The company has previously won contracts […]
Detailed Analysis of Draft INOC Law
The attached document is a detailed analysis of the draft INOC (Iraqi National Oil Company) Law. It was prepared by Ahmed Mousa Jiyad and presented in absentia before the Expert Hearing Session organised by the Energy Committee of the Iraqi Parliament on 3rd July 2011.. Mr Jiyad is an independent development consultant, scholar and Associate […]
Pre-Importation Inspection Program for Goods to Iraq
Starting May 1, 2011, the Central Organization for Standardization and Quality Control (COSQC) has implemented the Pre-Importation Inspection, Testing, and certification of Goods into Iraq (ICIGI), relative to the COSQC Law No. 54 of 1979 (Article 3/Clause 8). Under this programme, COSQC requires that regulated imported products whose standard specifications were declared compulsory under the […]
Power projects: Request for Expressions of Interest
Request for expressions of interest for power projects - Kurdistan Regional Government of Iraq Ministry of Electricity (“KRG -MOE”) Background and scope The Kurdistan Regional Government’s Ministry of Electricity (KRG-MOE) is seeking to increase the power generation capacity and associated network capabilities in the Kurdistan Region by 6000MW, operating on natural gas, heavy fuel oil […]
Introducing the Kurdistan Market: 21st July
The Middle East Association will be holding a market clinic on Thursday 21st July, ‘Introducing the Kurdistan Market’, ahead of the British Trade Mission to the Kurdistan region this autumn. This event is free, although priority will be given to MEA Members. Our panel will include senior representation from the Kurdistan Region Government, UK Trade […]
MRC Announces New Tenders
MRC Announces New Various Tenders : -Flexible Hoses -Line Pipe -Volvo Equipment -Spares for screw air compressor -Spares for hot oil heater -Secondary ejector -Burner soot blower , condenser & ejector, boiler spare parts -Burner soot blower, condenser & ejector Please note that the closing date of all the above is 5/8/2011. Click on the […]
North Gas Co Announces For A New Turbine Meter & A Spare For Purge Meter
North Gas Co announces the below tenders: -Turbine Meter. -Spare for SRU 4700 Purge meter. Please take into consideration that offers must be in sealed envelope (technical offers) with indent number & closing date clearly mentioned on the envelopes , addressed to the attention of BBC (Broadly Bids Box) at North Gas Co , PO […]
New Tenders From Midland Refineries Co
Midland Refineries Co announces the below tenders: -Oil Dispersant For Industrial Cooling Water -Tube -Seamless Pipe For Heater -Lap Equipment -Lap Equipment -Lap Equipment -Low Voltage Electrical Material -Equipments Closing date is 25/7/2011 at 1 o'clock . Please feel free to click on the links above to obtain the original tender's document.
Iraq Needs to Focus on Results
Here at Iraq Business News we have on several occasions raised the issue of restrictions on foreign workers entering Iraq. This week, the problem raised its head once again when the leader of the business federation in Basra, Sabih Habib al-Hashemi, criticised the lack of skilled managers in the country: “Most of the economic issues […]
German Company Lands $625m Iraq Power Contract
AKnews reports that the German energy firm MBH has landed a $625 million contract to build five 100-MW power plants in Nineveh province. The Iraqi electricity ministry announced the deal on Wednesday, saying that the project is expected to be completed in 21 months. The establishment of the plants is part of the government’s plan […]
Sterling Abandons Sangaw North, Shares Fall
Shares in Sterling Energy (AIM: SEY), the independent oil and gas exploration and production company with interests in Iraqi Kurdistan, closed the day down just 4% following a disappointing update on its operations at Sangaw North, in which it has a 53.33% working interest. The shares had opened the day down 33%. Flow testing operations […]