Maliki on Track towards Forming the Next Government
The following article was published on Saturday 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 in full with the author's permission. The opinions expressed are those of the author, and do not necessarily reflect the views […]
Another Turkish Bank to Open in Iraq
AKnews reportedon Saturday, that "Eash Bank" from Turkey claims to open two branches in Erbil and Baghdad in the coming three months. Iraq Business News believes it sthe bank to be İş Bankasi. According to Jihan News Agency, the Bank Director Arsean Awzanja said there is a possibility to open four branches in Iraq. Awzanja […]
Maliki to 'Unveil New Iraqi Cabinet on Monday'
Reuters, quoting 'senior officials', reports that Iraqi Prime Minister Nuri al-Maliki will unveil his new cabinet on Monday, retaining the oil minister who forged ambitious plans to turn the war-ravaged country into a top global oil producer. Oil Minister Hussain al-Shahristani, a Shi'ite and former nuclear scientist, will be a key member of the new […]
Ministry of Electricity Tenders for Cables
Iraq's Ministry of Electricity as issued a tender for the supply of medium voltage power cables. The closing date for receipt of bids is 22nd December. Please click here and here to download details.
Chevron Considered Iran-Iraq Oilfield
The Iraqi Prime Minister, Nouri al-Maliki, allegedly told U.S. diplomats that oil giant Chevron has been in talks with Tehran about developing a cross-border oilfield with Iraq, according to a cable released by WikiLeaks. Dow Jones reports that the cable, sent by the U.S. Embassy in Baghdad, summarizes a conversation between the U.S. diplomats and […]
Microsoft Opens Training Centre in Baghdad
The international computer giant Microsoft opened its first training centre in Baghdad on Wednesday. The Iraqi Minister of Technology and Science, Ra’ed Fahmi, said the centre would contribute to developing Information Technology (IT) skills among the country’s workforce. During the opening ceremony held in Baghdad, the centre's director, Ahmed Iz al-Dein, said that the centre […]
Kurdistan Signs Trade Protocol with Ukraine
The deputy head of the Kurdistan Importers and Exporters Union said the union signed a protocol with the Ukraine Business Council during a visit to the Ukrainian capital Kiev (pictured). The protocol was signed at the conclusion of a wide-ranging commercial conference held by the Ukraine Business Council. Sixteen members travelled from Kurdistan. The terms […]
Iraq's New Nuclear Plans
Wednesday's United Nations Security Council decisions removed, among other things, the restrictions on Iraq's importation of nuclear technology. But how will Iraq use this new freedom? A report from Reuters suggests some options: Nuclear Energy The UN move allows Iraq to re-develop nuclear reactors, but Science and Technology Minister, Raed Fahmy, said a full study […]
New Turkish Banks Opening in Erbil
The Turkish alBaraka Bank will open its branch in Erbil, the Kurdistan Region’s capital, in early January, according to a report from AKnews. According to the information leaked to the agency's correspondent, the bank’s officials have completed the formal application through the Central Bank of Iraq (CBI), and have informed the Kurdistan officials of the […]
Once More, Washington Puts the Cart Before the Horse in Iraq
The following article was published on Wednesday 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 in full with the author's permission. The opinions expressed are those of the author, and do not necessarily reflect the views […]
WesternZagros Strikes Oil at Kurdamir - Shares Jump
WesternZagros Resources Ltd. (TSX VENTURE:WZR) has announced successful test results at the Kurdamir-1 well, which proves the existence of an oil column in the Oligocene reservoir. Shares in the company rose more than 14% in early trading. Sproule International Limited. ("Sproule") has completed an independent audit which confirms a 327 metre combined gas and oil […]
Iraq Is On The Cusp Of Something Remarkable
The UN Security Council finally decided on Wednesday to remove many of the 'Chapter VII' restrictions imposed on Iraq in the wake of the invasion of Kuwait in 1990. This makes Iraq more independent, and is another step in putting the country on equal terms with the rest of the world. As US Vice-President Joe […]