Minister Calls on UK Businesses to Invest in Kurdistan’s Tourism Now
Kurdistan Region Tourism Minister, Samir Abdullah Mustafa, yesterday called on British investors to make the most of the opportunity to invest in Kurdistan’s tourist sector at a conference in London. Setting out plans to build 2,500 new hotels to accommodate another 1.35 million visitors annually by 2015, the Minister also highlighted existing success stories within […]
Iraq May Abolish Customs Charges on Syrian Goods
Iraq’s Finance Minister, Rafie al-Issawi (pictured), has discussed with a visiting Syrian delegation in Baghdad on Monday the issue of the abolition of customs charges on all Syrian goods entering Iraq, a Finance Ministry statement reported. “Issawi has received a high-level Syrian economic delegation, and both sides have discussed means for boosting economic and banking […]
'Next Year Iraq Will be Really Big', Schlumberger
Iraq will be one of the main revenue contributors to Schlumberger's Middle East operations and will be bigger than most of the company's other markets in the region with the exception of Saudi Arabia, Chief Executive Andrew Gould (pictured) told the Financial Times on Tuesday. "Next year Iraq will be really big", said Gould. The […]
KRG Revokes 238 Investment Licences
After re-evaluating all investment ventures in the region the Kurdistan Regional Government has revoked the licences for 238 of them, the minister for municipalities and tourism said on Sunday, according to AKnews. Samir Abdullah told the agency that a number of other projects are being considered for scrapping. The moves are seen as an effort […]
Iraq Mobile Operators Facing Mandatory IPO Deadline
Iraqi operators Asiacell, Korek Telecom and Zain are facing a mandatory deadline for an initial public offering of stock, with reports stating that the companies have to sell-off a 25 percent holding on the local stock exchange within four years of acquiring their licences, according to Mobile Business Briefing. This means that the companies must […]
Iraq Telecoms 2011 Gold Sponsor Zain Considers Offers to Manage its Network
With 12 million subscribers in Iraq, Kuwait’s Zain is the market leader in the Iraq Telecoms industry, currently considering several tender offers to manage its telecoms network in Iraq. Zain is likely to award the contract in the next few weeks; the winner will be able to improve the network quality, while Zain will focus […]
Conditions Worsen
Levels of violence are rising in Iraq. While some commentators in the press are referring to the increase as a spike, regular readers of Iraq Business News will understand that the rise has actually been very gradual - but consistent - with the number of attacks building up all the way from the beginning of […]
A New Counter Tender Announced By GFC
Gas Filling Co announce a new tender for supplying counter works on prepay for residential complex as part of operation budget of 2011. Manufacturer companies & their approved agents companies who are interested in participating in this tender can refer to Gas filling companies in Baghdad-Taji to purchase a copy of the tender document after […]
Midland Refinery Co Announces New Spare Parts Tenders.
Midland Refinery Co announces new spare parts tenders: -Spare Parts for pumps -Spares for Peabody Steam Atomizing Oil Burners -Burner Soot Blower Condenser & Ejector -Burner Soot Blower Condenser & Ejector -Spare Parts For Pumps -Spare Parts For Pumps -Fire & Safety Equipment Please click on every link to obtain future information on the tenders.
Midland Refineries Co Announces New Tenders
MRC invites to bid for the following tenders: -15 ton fork list -Lab Equipment -Lab Equipment -Wheeled Material -5 Ton Lorry Trake -Air Plan Unit -Lab Equipment -Wheeled excavator -Electrical Motor Please click on the above links to to obtain the conditions list for every tender.
Quotation Of Spares For Ajeel Gas Field Scrubber
North Gas Company announces a new spares tender for Ajeel Gas field scrubber. Please take into consideration that your offers must be in sealed envelopes (technical & commercial offers) with indent number & closing date clearly mentioned on the envelope , addressed to the attention of B.B.C (Broadly bids box) at North Gas Company , […]
CNPC Completes First Phase of Al-Ahdab Field
Reuters reports that the China National Petroleum Corp (CNPC), the first foreign oil company to sign an oil service contract in Iraq after former president Saddam Hussein was toppled, said on Monday said that it completed construction of the first phase of the Al-Ahdab oilfield. The parent of PetroChina Co Ltd said it started work […]