Iraq Oil Revenues hit 50-Year High
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for March of 100,563,999 barrels, giving an average for the month of 3.244 million barrels per day (bpd), down slightly from the 3.314 million bpd exported in February. The exports from the oilfields in central and southern Iraq amounted to approximately 99,115,064 barrels, […]
Lebanese Flee Crisis seeking Jobs in Iraq
By Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. From Beirut to Baghdad: Lebanese flee crisis seeking jobs in Iraq Iraq, once synonymous with conflict and chaos, is becoming a land of opportunity for Lebanese job-seekers fleeing a deep economic crisis […]
Deloitte report on Oil and Gas in Iraqi Kurdistan
As part of the KRG's drive to promote transparency, Deloitte have been commissioned to produce an audited report detailing oil and gas exports, production costs, and revenues for the second half of 2021. The report, which analyzes the oil and gas industry on a quarterly basis, is now available as a PDF in English, Kurdish […]
Barriers to Reform in Iraq
By Massaab Al-Aloosy, for the Carnegie Endowment for International Peace. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Barriers to Reform in Iraq Moqtada al-Sadr, the biggest winner in the recent election, aspires to implement grand changes in Iraq, but reform is easier […]
Spanish Firm to Study KRG Rail Project
By John Lee. The Kurdistan Regional Government (KRG) has reportedly awarded a six-month contract to conduct for a rail feasibility study to a Spanish company. Sources did not name the company, but said the cost of the report would be $2.6 million. The project will examine the feasibility of linking the border-crossings of Ibrahim al-Khalil […]
Contract Awarded for Housing Development in Sinjar
By John Lee. Bayar Company Ltd. has won a contract with the United Nations Secretariat for the "construction of 32 low-cost housing units in Tal Banat, Sinjar district, Ninewa." The contract is valued at $449,323. (Source: UNGM)
Ukraine War: Opportunities and Challenges for Iraq
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How the Ukraine war creates opportunities, challenges for Iraq Russia and Ukraine are major breadbaskets, accounting for 30% of wheat, 17% of corn, and over half of sunflower seed oil exports worldwide. The […]
ICF's "In Their Shoes" 5K is BACK!
(Source: ICF)
BHEL to supply Compressor to Baiji Refinery
By John Lee. New Delhi-based Bharat Heavy Electricals Limited (BHEL) has won an order to supply a news compressor to Baiji Refinery in Iraq. The order, placed by the North Refineries Company (NRC), envisages design, engineering, manufacturing and supply of electric motor driven Recycle Gas Centrifugal compressor and will be executed by BHEL's International Operations […]
DE-CIX signs Strategic Partnership IRAQ-IXP
By John Lee. German-based interconnection platform operator DE-CIX and internet exchange IRAQ-IXP have signed a strategic partnership, in the context of the Capacity Middle East event, for the future operations of "IRAQ-IXP powered by DE-CIX". According to a press release from DE-CIX, IRAQ-IXP powered by DE-CIX will be operated by DE-CIX under the DE-CIX as […]
Illicit Activities, Instability in Iraq's Southern Border Area
By Harith Hasan, for Carnegie Middle East Center. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Eden Denied: Environmental Decay, Illicit Activities, and Instability in Iraq's Southern Border Area Iraq's Basra Governorate, on the border with Iran, has endured environmental degradation due to […]
IHEC and UNAMI conclude Lessons Learned Workshop
The Independent High Electoral Commission (IHEC) and the United Nations Assistance Mission for Iraq (UNAMI) concluded a four-day general lessons learned workshop. Throughout the workshop, which was held in Sulaymaniyah from 27-30 March, IHEC Board of Commissioners (BoC) and senior leadership together with senior officials from the UNAMI Office of Electoral Assistance (OEA) brainstormed on […]