Conflict Pollution Hotspots in Iraq
From the World Bank: Conflict Pollution Hotspots in Iraq : Land Remediation for Livelihoods Restoration Successive conflicts in Iraq were characterized by tactics to damage its oil and industrial assets that not only led to huge economic loss, but pollution of environmental resources (air, land, and water) on an unprecedented scale. The Damage and Needs […]
Iraq's Untapped Gas Potential: A Turning Point in Global Energy?
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Untapped Gas Potential: A Turning Point in Global Energy? Iraq has potentially huge gas reserves but its failure so far to properly develop them has led to three key […]
Iraq-Malaysia Direct Flights to Resume in February
By John Lee. The Ministry of Transport has reportedly announced the resumption of direct Iraqi Airways flights between Iraq and Malaysia. According to the state-run Iraqi News Agency (INA), the Baghdad to Kuala Lumpur route will start in early February with one flight per week. (Source: INA)
Contract for Equipment for Houses in Sinjar
By John Lee. The United Nations (UN) Secretariat has awarded Rubar Company for General Contracting Ltd a contract for the "Supply and installation of equipment for (50) rehabilitated houses in Solagh area, Sinjar, Nineveh." The contract value is $19,150. (Source: UNGM)
Iraq Reveals Joint Projects with Saudi in Healthcare, Pharma
By John Lee. The Iraqi Health Ministry has announced new initiatives with Saudi Arabia, focusing on establishing health centers and pharmaceutical factories. Speaking to the state-run Iraqi News Agency (INA), Minister of Health Saleh Al-Hasnawi emphasized the significant development in Iraqi-Saudi relations, spanning political, economic, and service sectors. He said the two ministries are jointly […]
UN Awards Contract for Solar/Firefighting System in Sinjar
By John Lee. The United Nations (UN) Secretariat has awarded Bab Al Karama for General Contracting Ltd. a contract for the "Supply and installation of Solar and firefighting System for the marketplaces project, Sinjar." The contract value is $18,547.50. (Source: UNGM)
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th January 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,534.0 -1.3% -1.3% RSISX USD Index 1,508.3 […]
Training Program to Enhance Animal Feeding Practices in Iraq
FAO Facilitates Cutting-Edge Training Program to Enhance Animal Feeding Practices in Southern Governorates of Iraq Following the decision made by His Excellency the Iraqi Prime Minister Mohammed Shia' Al-Sudani, to allocate 5 billion dinars to support buffalo breeders in the marshes, a major initiative has been launched, coupled with the Ministry of Agriculture's (MOA) strategic […]
Happy New Year from all at Iraq Business News!
As we kick off the new year with our first newsletter, we extend a heartfelt appreciation to all our contributors, with a special acknowledgment to our Expert Bloggers, Ahmed Mousa Jiyad and Ahmed Tabaqchali (AFC Iraq Fund), who have generously shared their wisdom and observations with us over the past twelve months. We eagerly anticipate […]
Iraq Aims for 6m bpd Oil Production in 5 Years
By John Lee. The Iraqi Ministry of Oil has said that plans are under way to increase oil production, with the aim of achieving a rate of 6 million barrels per day (bpd) within five years. The statement followed a meeting attended by the Undersecretaries of the Ministry, and a number of officials from key […]
Iraq Earns $8.3bn from Oil Exports in December
By John Lee. Iraq's Ministry of Oil has announced preliminary oil export figures for December: Total exports of crude oil: 108,056,590 barrels. Revenues from crude oil exports: $8.316 billion. Oil fields in central and southern Iraq accounted for 107,592,532 barrels of crude oil exports. Exports from Kirkuk through the port of Ceyhan have been suspended. […]
$1.4m Contracts to Rehabilitate War-Damaged Shelters
By John Lee. Abeer Alshimal Company For General Contracting Ltd. has won a contract with the United Nations Office for Project Services (UNOPS) for the "Rehabilitation of 56 War Damaged Shelters in Ana & Haditha." The contract is valued at $295,593. Under the same reference, UNOPS granted Al-Fityan Company For General Contracts Ltd a contract for […]