Another Unaoil Bribery Conviction Overturned
By John Lee. The UK's Court of Appeal has reportedly overturned the conviction of Paul Bond, who was jailed last year in relation to the Unaoil bribery scandal in Iraq. Mr Bond (69), a former senior sales manager at SBM Offshore (SBM), had been sentenced to three and a half years in prison on two […]
Diwaniya Refinery to be Expanded
By John Lee. The Iraqi Cabinet has approved a plan to expand Diwaniya Refinery. According to details released from the cabinet meeting this week, capacity at the plant will be increase to nearly 70,000 barrels per day (bpd), (Source: Govt of Iraq)
Lebanese Firm takes Arbitration Case against Iraq
By John Lee. Lebanese company Primesouth International Offshore has commenced arbitration proceedings against Iraq at the International Centre for Settlement of Investment Disputes (ICSID). Details of the dispute have not been released, but in 2020 the company was reported to have signed a two-year contract, along with China CAMC Engineering Co (CAMCE), to install 640 […]
Video: Iraqi Police Crack Down on Organised Crime
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Police say they have uncovered 60 organised crime gangs but with limited resources and faced with well-connected gangs, a lot more remains to be done. Al Jazeera's Osama Bin Javaid reports from […]
France Protecting Civilians impacted by Explosive Ordnance in Iraq
France Renews its Commitment to Protecting Civilians impacted by Explosive Ordnance in Iraq The United Nations Mine Action Service (UNMAS) welcomes an additional contribution of EUR 480,000 (approximately USD 550,000) from the Crisis and Support Center of the French ministry of Europe and Foreign Affairs that will support life-saving mine action activities in Iraq. Activities […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th March 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD1046 (+0.9%) / $923 (+0.9%) (weekly change) (+13.9% and +14.7% YTD change, respectively). The number of week traded […]
Rapid Response Team for Crimean-Congo Haemorrhagic Fever
WHO builds capacity of rapid response team in Iraq with a focus on Crimean-Congo haemorrhagic fever The World Health Organization (WHO), in cooperation with the Ministry of Health in Iraq, concluded today a three-day workshop aimed at building the capacity of the country's rapid response team (RRT) in field investigation and response, with an emphasis […]
Land Allocated for Iraq-Jordan Free Zone
By John Lee. Iraq's Ministry of Industry and Minerals has reportedly finalised the details of an "Economic City" between Iraq and Jordan. According to the Iraqi News Agency (INA), USID has carried out a comprehensive study of the project, and land has been allocated for the Industrial Cities Commission, It says the aim is to […]
Discussion on Digital Rights and Digital Security in Iraq
UNAMI and Iraqi Network for Social Media hold roundtable discussion on digital rights and digital security in Baghdad UNAMI, in cooperation with the Iraqi Network for Social Media (INSM), organized a roundtable on digital rights and digital security in Baghdad on Tuesday. This provided for the first time a platform for dialogue among Iraqi authorities, […]
HRW: Impunity for Violence Against LGBT People in Iraq
From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: Impunity for Violence Against LGBT People Armed groups in Iraq abduct, rape, torture, and kill lesbian, gay, bisexual, and transgender (LGBT) people, with impunity, Human Rights Watch said in a report released […]
Iraq committed to Renewable Energy
By John Lee. The Minister of Oil, Ihsan Abdul-Jabbar Ismail, has said that Iraq is committed to reducing carbon emissions through implementing a number of gas investment projects and developing gas fields, as well as projects to produce solar energy. At a conference in Iraq under the title "Pathways for a lower carbon future for […]
WFP: Ukraine-Russia War causing Food Insecurity in Iraq
By John Lee. A report by the UN's World Food Programme (WFP) has said that the food security situation in Iraq is now being exacerbated by the global impacts of the Ukraine-Russia war. The two countries are the key suppliers of food, energy, and agricultural inputs, globally. Russia and Ukraine jointly are responsible for almost […]