Iraq Invites Bids for Dam on Shatt al-Arab
By John Lee. Iraq's Ministry of Water Resources has reportedly invited bids from three international companies to build a dam on the Shatt al-Arab waterway, to help reduce salinity in the river. Economy News lists the firms invited to bid as Energoprojekt of Serbia, Hydronova of Italy, and Deltares from the Netherlands. It says that […]
UPDATE: Iraq's Finance Minister reportedly Resigns
By John Lee. Iraq's Minister of Finance, Ali Allawi, has reportedly resigned during the Cabinet meeting today (Tuesday). Both Associated Press and Shafaq News Agency cite sources as saying that Prime Minister al-Kadhimi accepted the resignation, and appointed the Oil Minister, Ihsan Abdul-Jabbar Ismail, as Acting Finance Minister. The Prime Minister's statement following the cabinet […]
US Ambassador discusses Money Laundering, Terror Financing
By John Lee. The Governor of the Central Bank of Iraq (CBI), Mustafa Ghaleb Mokhif, received the US Ambassador to Iraq, Alina Romanowski and her accompanying delegation on Monday. He reviewed the efforts of the CBI to support development through monetary policy tools and the direct impact of its initiatives on the real sector progress, […]
KRG Cabinet authorizes 206 Projects in three years
The Kurdistan Regional Government's Ninth Cabinet has implemented several projects and authorized numerous others since assuming office on July 27, 2019. In the past three years, the Cabinet has authorized the implementation of 206 investment projects with a total budget of $11,629,355,000 in different areas of the Kurdistan Region. Crucially, of those 206 projects, 202 […]
DNO publishes Corporate Social Responsibility (CSR) Report
By John Lee. DNO, the Norwegian oil and gas operator with significant operations in Iraqi Kurdistan, has released its 2021 Social Corporate Responsibility Report. Click here to download the full report. (Source: DNO)
Understanding Iraq's Coordination Framework
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Understanding Iraq's Coordination Framework The Coordination Framework is an umbrella bloc of Iraqi Shia parties united mostly by their opposition to the Sadrist movement. Click here to read the […]
Contract Awarded for Anbar Water Treatment Plants
By John Lee. Ummet Al Salam Co. Ltd. for General Trading & Contracting has won a new contract with the United Nations Office for Project Services (UNOPS), for the rehabilitation of water treatment plants in four different locations in Anbar The contract is valued at $680,000. (Source: UNGM)
Iraq Completes Airport Communication System
By John Lee. Iraq's General Company for Air Navigation Services has reportedly announced the completion and activation of its new AMHS ground-to-ground communications system. AMHS (Air Traffic Services Message Handling Services) is a standard for aeronautical ground-ground communications, such as for the transmission of NOTAM, flight plans or meteorological data. According to the report from […]
Iraq plans to open Embassy in Dublin
By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Among the items agreed was a decision to approve a recommendation from the Ministry of Foreign Affairs to open an embassy in the Irish capital Dublin, instead of a general consulate. A decision to open […]
Iraq to provide Lebanon with Fuel for Another Year
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq agrees to provide Lebanon with fuel for another year Lebanon's fuel crisis is showing no signs of letting up, but an exchange with Iraq is keeping one source flowing. Click […]
Innovative Tools to Monitor Water Productivity in Iraq
New agreement between Ministry of Water Resources and FAO introduces innovative tools to monitor water productivity in Iraq The Food and Agriculture Organization of the United Nations (FAO) in Iraq and the Ministry of Water Resources launched yesterday the project Monitoring Water Productivity using Remote Sensing, as part of a global programme, WaPOR phase II, […]
Iraq's Economic Capital "engulfed in Trash"
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi economic capital engulfed in trash, suffers from dilapidated electricity Home to Iraq's richest oil wells, Basra should have wealth and development to rival the Emirates. Instead, the southern province is one of Iraq's […]