UN Committee against Torture publishes Findings on Iraq
By John Lee The UN Committee against Torture (CAT) has published findings on Cuba, Iceland, Iraq, Kenya, Montenegro and Uruguay, the six State parties it reviewed during its latest session. With regard to Iraq, the CAT said: "The Committee was concerned about continued reports of torture or ill-treatment in detention facilities. It observed that the […]
Meet Top Iraqi Officials at IBBC Conference
Hear Iraq's principal ministers and financiers share their vision and policies for Energy, Finance and Educational sectors at IBBC's Mansion House conference on 24th May. Iraq is on the cusp of forming a new Government and is benefitting from high oil revenues and stability. The IBBC Spring conference is ideally timed for a potential new […]
Contracts being drafted for Iraq-Jordan Free Zone
By John Lee. Iraq and Jordan are to appoint a consultant to draw up terms of reference and other documentation for the new "economic city project" to be established along their joint border. Following a meeting of the Iraqi-Jordanian Company for Industry in Amman on Wednesday, which was attended by the Jordanian Minister of Industry, […]
US Law Firm Awarded for Iraq Advisory Role
By John Lee. New York-based law firm Cleary Gottlieb Steen & Hamilton LLP has won the Infrastructure and Energy Projects Team of the Year award at Law.com International's Middle East Legal Awards 2022. According to a press release from the firm, it "was recognized for advising on Iraq's gas growth integrated project, one of the […]
OPEC increases Iraq's Oil Quota
By John Lee. OPEC has reportedly agreed to increase Iraq's oil production to 4.5 million barrels per day (bpd) in June. The state-controlled Iraqi News Agency (INA) quotes Iraq's representative to OPEC, Muhammad Saadoun, as saying that oil production will then increase by 50,000 bpd each month from July to September. He also predicted an […]
Iraq debates New Oil Pipeline to Jordan
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. PM Kadhimi under fire as Iraq debates new oil pipeline to Jordan Since taking office in May 2020, Iraqi Prime Minister Mustafa Al-Kadhimi has placed the activation of an oil pipeline to Jordan […]
Dnata Invests $17m in Iraq
By John Lee. Dubai-based air and travel services provider dnata has announced significant expansion of its operations in Erbil. The company opened a new, advanced cool chain facility and a bus maintenance facility for its state-of-the-art bussing fleets at Erbil International Airport (EBL), which together represent a total investment of US$ 3.5 million. dnata has […]
KRG Denies seizing control of Oil Fields
By John Lee. The Kurdistan Regional Government (KRG) has denied seizing the Bai Hassan and Dawd Gurg oil fields in Kirkuk from the Iraqi federal government's Ministry of Oil. On Saturday, the North Oil Company (NOC), which is owned by the Iraqi National Oil Company (INOC), claimed that the KRG took over the fields in […]
Chinese Companies to build "Science City" near Mosul
By John Lee. Zawya has reported that Chinese companies will build a major new "Science City" near the Iraqi city of Mosul. It says the deal was finalised under a landmark oil-for-projects agreement signed in 2019. The project involves the University of Alhamdaniya [Al-Hamdaniya], but the Chinese companies have not been named. (Source: Zawya)
Al-Rasheed Bank removed from Sanctions Lists
By John Lee. The United Nations Security Council has removed Iraq's state-owned Al-Rasheed Bank [Al-Rashid Bank] from its Sanctions List. The updated version of the Committee's Sanctions List, available in HTML, PDF and XML format, may be found here. Authorities in the United Kingdom have also confirmed that the bank has been removed from the […]
New Partner joins Al Tamimi & Co in Iraq
By John Lee. Law firm Al Tamimi & Company has announced that Tom Calvert has joined the firm as Partner. In a statement, the company said that Calvert will head its corporate commercial practice in Iraq, in addition to leading the firm's China Group which will actively advise Chinese companies operating in the region on […]
Coordinating Ag and Tech Vocational Education in Iraq
Coordinating agriculture and technical vocational education and training in Iraq A needs assessment workshop for establishing a National Agriculture Technical Vocational Education and Training (TVET) Committee has been held in Baghdad. This committee would be instrumental in harmonising various activities being undertaken by key partners to reform agriculture-related TVET in Iraq. Representatives from the Prime […]