Digital Job Portal Launched in the Kurdistan Region
On 10 November 2024, the Kurdistan Regional Government's (KRG) Ministry of Labour and Social Affairs, in partnership with the International Labour Organisation (ILO), and with funding from the European Union, launched the Digital Employment Platform. This initiative aims to boost employment opportunities and increase job market participation in the Kurdistan Region by streamlining job applications […]
Progress on Restructuring of State-Owned Companies
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting of the Higher Committee for Restructuring State-Owned Public Companies on Sunday, to assess the restructuring of state-owned public companies. The meeting was attended by key ministers from departments such as Oil, Electricity, Transportation, Trade, Construction Housing Municipalities and Public Works, Agriculture, Water Resources, and […]
Khor Mor Gas Expansion Project set to Restart Imminently
By John Lee. UAE-based Dana Gas has announced its financial results covering nine months to 30th September 2024. Regarding the company's operations in the Kurdistan Region of Iraq, it said: "Dana Gas and Pearl Petroleum (Pearl) are fully committed to safely and efficiently resuming the KM250 project. Following the termination of the previous EPC contract, […]
China's Geo-Jade meets with Iraqi Ministry of Oil
By John Lee. The Deputy Minister of Oil for Extraction, Mr. Bassem Mohammed Khudair, met with Mr. Fan Jianbang, CEO of the Chinese company Geo-Jade Petroleum, along with his accompanying delegation, on Sunday. Discussions focused on the development of the Naft Khana oil field in Diyala Province, operated by Geo-Jade on behalf of the Midland […]
Russia offers Scholarships to Iraqis
By John Lee. The Iraqi Ministry of Higher Education and Scientific Research has announced 260 scholarships provided by the Russian Federation for the 2025/2026 academic year. The scholarships cover a range of disciplines for undergraduate, master's, and Ph.D. levels, available to both employees and non-employees. Applications are open until Sunday, December 15, 2024, with specific […]
Foundation Stone laid for Wasit Oil Authority Building
By John Lee. Iraq's State Company for Oil Projects (SCOP) has laid the foundation stone for the Wasit Oil Authority building, a project aimed at enhancing administrative and organizational performance within the Midland [Middle] Oil Company. The project spans 6 dunams (approximately 15,000 square meters) and includes a three-story building covering 1,100 square meters, along […]
New Banking System Reforms in Iraq
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani announced series of banking sector reforms on Friday. The main changes include increasing the number of bank branches, more adoption of new technology, and a campaign to educate the public about banking and financial services. Full statement from the Media Office of the Prime Minister: As […]
Sustainable Development in Iraq: IFC, NIC Discuss Financing
By John Lee. Dr. Haider Mohammed Makiyya, Chairman of Iraq's National Investment Commission (NIC), announced the commission's active role in sustainable development projects, particularly in reclaiming millions of dunams of agricultural land stretching from southern Iraq to Anbar. According to an NIC statement, this initiative aims to foster partnerships with international organizations that can provide […]
Al-Fityan Wins Another UNDP Contract
By John Lee. Alfityan Co. for Contracting Ltd has won a contract with the United Nations Development Programme (UNDP) for the "Replace water networks (110-160-225) mm of Hay Alaskari in Kanan sub-district-Diyala-Iraq" Contract value is stated as $249,033.22. This is the second contract awarded by the UNDP to Al-Fityan in recent days, with the company […]
UNDP Awards Housing Contract in Baiji
By John Lee. Dhilal AL-Majd has won a contract with the United Nations Development Programme (UNDP) for the "Rehabilitation Housing Works of 36 units in Baiji District / Salah Al-Deen." The rehabilitation work includes civil, sanitary, electrical works and PV-Solar Package. Contract value is stated as $173,556. (Source: UNGM)
UNOPS Awards Capacity Building Contract in Anbar & Ninewa
By John Lee. University House For Consulation And Studies (UniHouse) has won a contract with the United Nations Office for Project Services (UNOPS) for the "Capacity Building of Beneficiaries, NGOs & Private Sector staff and the Public Sector staff members in Anbar & Ninewa Governorates." Contract value is stated as $129,491. (Source: UNGM)
Iraq, Saudi Arabia move to shore up Military Cooperation
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq, Saudi Arabia move to shore up military cooperation Iraq and Saudi Arabia have inked a new military cooperation agreement, marking a potentially significant step in their evolving rapprochement. The full article can […]