Supporting Young Engineers in Improving Iraqi Environment
ILO and UNICEF joint initiative supports young engineers to play a key role in promoting Green Works in Iraq With the support of the Government of the Netherlands, the ILO and UNICEF are working together to build the capacities of selected youth to engage in Employment Intensive Investment Programme (EIIP) interventions aimed at improving the local environment […]
Iraq Finalises October Oil Exports
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for October of 96,708,660 barrels, giving an average for the month of 3.120 million barrels per day (bpd), up slightly from the 3.081 million bpd exported in September. The exports from the oilfields in central and southern Iraq amounted to approximately 93,386,975 barrels, […]
Why Iraqi Kurds are seeking Refuge in Europe
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Iraqi Kurds are seeking refuge in Europe The heartbreaking drama of thousands of migrants, many of them Iraqi Kurds, stranded along the Belarusian border with Poland, where they encounter dire conditions in […]
Basra Energy Company established to run Rumaila Oilfield
By John Lee. The Iraqi Ministry of Oil has officially established the new Basra Energy Company (BECL), which will be the main contractor at the giant Rumaila oilfield, under a Technical Service Contract (TSC). Representing BECL at the ceremony, Zaid Elyaseri (BP) said the field will be developed to reach a peak production of 1.7 […]
Video: IBBC hosts Successful Tech Forum in Dubai
The Iraq Britain Business Council (IBBC) has hosted a very successful Tech Forum as part of its Autumn Conference in Dubai on Monday. Sponsored by SAP, the session focused on the applications and benefits of data to the Iraqi economy. Speakers included: Padraig O'Hannelly, Iraq Business News (IBN); Sean O'Brien, SAP; Christopher Ferguson, Scott Logic; […]
Investment Opportunity: Rest Station in Anbar
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunity: Constructing Tulaiha Future Rest Station in Anbar Province (Source: National Investment Commission)
Fertilizer Price affecting Kurdistan Wheat Production
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Fertilizer price hikes affecting Kurdistan Region wheat production: farmers An increase in fertilizer prices has affected wheat production in the Kurdistan Region, farmers told Rudaw on Wednesday. This comes a month after the government […]
IDC to Drill 37 Wells at Zubair Oil Field
By John Lee. The Iraqi Drilling Company (IDC) has signed a contract with Schlumberger to provide drilling services for 37 oil wells in the Al-Zubair field in Basra for the Italian company ENI, which will operate the field. The Director General of the Iraqi Drilling Company, Basem Abdul Karim, said that the contract includes the […]
US gives $19m to Vulnerable Families in Iraq
The United Nations World Food Programme (WFP) welcomes a timely and generous contribution of US$19.24 million from the U.S. Agency for International Development's Bureau for Humanitarian Assistance (USAID-BHA). The funding will help provide life-saving assistance to 181,000 displaced Iraqis and 72,000 Syrian refugees in the form of cash transfers that support their immediate food needs. The U.S. […]
Petronas opens New Well at Garraf Field
By John Lee. Petronas Carigali Iraq Holding B.V. has opened its K-123 well in the Garraf Contract Area in Dhi Qar. Present at the event were, Petronas Vice President International Assets of Upstream Mr. M Jukris A Wahab; Director, Managing Executive Officer and President of Middle East, Asia & Europe Project Division of Japex, Mr. […]
Young Iraqis Receive Grants to Kickstart their Businesses
Twenty innovative business ideas driven by young people from Kirkuk and Mosul have received a grant of US$ 5,000 each. This will help kick-start their business ideas and boost the local start-up system. The startups include unique solutions to smart home systems, women's health and wellbeing, taxi services for women and environmentally friendly architecture. It is a part of the 'Youth Innovation and Creativity Award' project implemented by the Kurdistan Organization for Human Rights Watch (KOHRW) and the United […]
Contract to rehabilitate Health Centers in Ramadi
By John Lee. Al-Mruoj Al-Badhaa Company has won a contract with the United Nations Office for Project Services (UNOPS) for the rehabilitation of five primary health centers in Al Ramadi, Anbar Governorate. The contract is valued at $813,800. (Source: UNGM)