Texas Firm to support Iraqi Drilling Company
By John Lee. Texas-based oilfield services company ADS Services has signed a partnership contract and joint submission agreement with the Iraqi Drilling Company (IDC) to provide oil services. According ot a press release, the collaboration will focus on introducing and integrating dynamic pressure control systems on IDC's fleet of drilling rigs. Charles Orbell, CEO of […]
Contract Awarded for Construction of Women's Shelter in Ramadi
By John Lee. Baher Alshamal Co. Ltd. has won a new contract with the United Nations Assistance Mission for Iraq (UNAMI) for the construction of a "Woman Shelter" in Ramadi, Anbar. The contract is valued at $217,000. (Source: UNGM)
Hydroponic Agriculture in Iraqi Kurdistan
By John Lee. The United Nations Development Programme (UNDP) has published an article on the Al-Hayane Farm in Iraqi Kurdistan, which is using hydroponic techniques to grow fruit and vegetables using less water than conventional farming methods. Full story here. (Source: UNDP)
US Business Delegation visits Iraq
By John Lee. Iraqi Prime Minister, Mohammed Shia Al-Sudani, met with a delegation from the Iraqi-American Business Council on Wednesday, led by the council's president, Steve Lutes, Deputy Vice President of the US Chamber of Commerce for Middle East Affairs. During the meeting, Prime Minister Al-Sudani stated that Iraq is qualified to be an attractive […]
China Deepens Influence In Iraq With Oil-For-Infrastructure Deals
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. China Deepens Influence In Iraq With Oil-For-Infrastructure Deals A series of meetings occurred last week between senior members of the Iraqi and Chinese governments aimed at broadening and deepening the […]
KRG produces Electricity in Garmian from Flare Gas
By John Lee. The Kurdistan Regional Government (KRG) has taken a step towards reducing the environmental impact of waste gas and harnessing it to generate electricity from oil wells. One notable achievement is the Garmian power plant, a 165 MW station that utilises flare gas recovery from the Hasira oil wells to produce electricity. Completed […]
Contract Awarded for UNAMI Car Wash Facility
By John Lee. Loloat Al-Magad For General Trading & Contracting Co Ltd. has won a new contract with the United Nations Assistance Mission for Iraq (UNAMI) for the renovation and construction of "New Vehicle Workshops and Car Wash Bay at UNAMI Transport Workshop, International Zone, Baghdad". The contract is valued at $182,997. (Source: UNGM)
Iraqi Debt Payment to Iran "highlights Iran-Saudi-US Dynamics"
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Iraqi debt payment to Iran highlights Iran-Saudi-US dynamics Iraq's clearing of part of its debts to Iran has given rise to speculations of a US green light for direct transfers to […]
Video: Iraq Approves Record $153bn Budget
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq approves record $153bn budget aimed at creating jobs Iraq's parliament has approved a budget of 198.9 trillion dinars ($153bn) for 2023 that sets out record spending on a growing public wage bill […]
Jordan and Iraq Strengthen Health Cooperation
By John Lee. The Health Minister of Jordan, Firas Hawari, and the President of the Kurdistan Region of Iraq, Nechirvan Barzani, have emphasized the importance of strengthening health cooperation between Jordan and the Kurdistan region. During their meeting in Erbil, they discussed enhancing ties, leveraging Jordan's expertise, and providing support in health to the Kurdistan […]
Iraq, Egypt sign 11 Agreements on Cooperation
By John Lee. The joint committee between Iraq and Egypt commenced its work in Cairo on Tuesday. The delegation from Iraq was headed by the Prime Minister, while the Egyptian side was led by Prime Minister Mustafa Madbouly. The meeting focused on bilateral relations between the two countries and discussed various common issues, emphasizing the […]
End Child Labour in Iraq
This year's World Day Against Child Labour links advancing social justice with tackling child labour, under the slogan 'Social Justice for All. End Child Labour!' Social Justice in the World of Work means promoting productive and freely chosen employment; enhancing measures of social protection; promoting social dialogue; and promoting fundamental principles and rights at work. […]