Blue Water opens its First Office in Iraq
By John Lee. Danish logistics company Blue Water has opened its first office in Iraq. In a statement, the company said that the addition of the new office in Basra will strengthen the company's presence in the region. It is staffed by a newly-employed local team, headed by General Manager, Marwa Saad. Read our comprehensive […]
US Watches as PMF Consolidates Dominance in Iraq
By David Schenker, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Washington Keeps a Watchful Eye as the PMF Consolidates Its Dominance in Iraq The Biden administration's low-key, patient approach with Prime Minister Sudani has produced […]
Minister Pushes TotalEnergies' Solar Project
By John Lee. Iraq's Minister of Electricity, Ziad Ali Fadel, held a meeting with TotalEnergies' Director for renewable energy affairs in Iraq, Mr. Khaled Al-Abdali, to discuss the company's procedures for the construction of a 1,000-megawatt solar power station at the Ratawi [Artawi] oil field in Basra. The meeting was attended by the Director General […]
GE Services Iraqi Gas Turbines
By John Lee. GE Gas Power along with teams from Iraq's Ministry of Electricity, have reportedly serviced and upgraded a total capacity of 1400 MW through several gas turbine service and upgrade projects in the first half of this year. According to a statement carried by Zawya, GE completed maintenance work, including major overhauls, on […]
Legal Action Against CMEC Struck Out
By John Lee. A British court has dismissed a claim for defamation against the Conservative Middle East Council (CMEC) and its Managing Director, former Conservative MP Charlotte Leslie. Businessman Mohamed Amersi, who founded the rival Conservative Friends of the Middle East and North Africa (COMENA), claimed that emails and documents sent to influential party members in […]
PM Opens "Iraq Gate" Residential Complex
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani opened the "Iraq Gate" residential project on Tuesday evening in Baghdad. The project has been developed by Amwaj International, which is headed by Namir El Akabi. In his speech at the event, he emphasized the importance of the private sector's involvement in solving the housing problem, […]
Aramco Eyes Major Opportunity In Iraq
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. Aramco Eyes Major Opportunity In Iraq Following the recent China-brokered resumption of relationship deal between historical enemies Saudi Arabia and Iran, a deal for the Kingdom to develop two key […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th June 2023). 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 1,011.1 3.0% 11.1% RSISX USD Index 994.2 […]
Iraqi Market Takes a Breather, While the Currency Stabilises
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Takes a Breather, While the Currency Stabilises The market took a breather after a great three-month run from the January lows, during which it, as measured […]
Water Complex rehabilitated by UNDP and USAID in Basra
Water complex rehabilitated by UNDP and USAID provides safe drinking water for over 30,000 people in Basra The United Nations Development Programme (UNDP), U.S. Agency for International Development (USAID), and the Government of Iraq have inaugurated the Al-Hussein water complex, bringing clean, potable water to more than 30,000 people in Hay Al-Hussein subdistrict and helping […]
Jiyad: Preface to Tariq Shafiq's Second Book on Iraq Petroleum
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. My Preface for Tariq Shafiq' Second Book on Iraq Petroleum A few months ago, Tariq Shafiq (Abu Ehsan) asked me to write the preface of his second book on the Iraqi petroleum. […]
Iraq Open to the World... and Who's Making it Happen
From the Iraq Britain Business Council (IBBC): Iraq open to the world... and who's making it happen. An IBBC conference on June 16th at London's Mansion House. On 16th June IBBC are hosting a significant delegation of Iraq businesses and government officials to the UK, with a strong focus on energy, oil and gas, new […]