Weir to Deliver OPITO-Accredited Quals in Iraq
Weir Oil and Gas Approved to Deliver OPITO - Accredited Qualifications in Iraq Weir Oil & Gas has successfully achieved accreditation from OPITO, the global skills organization for the energy industry, to provide occupational training qualifications from the Weir Oil & Gas Centre of Manufacturing and Engineering Excellence in Southern Iraq. Weir Oil & Gas […]
ILO, Dohuk to Implement Employment-Intensive Interventions
ILO in Iraq joins forces with local authorities in Dohuk to implement employment-intensive interventions The ILO in Iraq has joined forces with local authorities in the Governorate of Dohuk to implement integrated employment intensive investment programme (EIIP) interventions aimed at creating more than 180 decent jobs, as well as enhancing the employability of vulnerable groups, […]
Armed Groups target Liquor Shops in Iraq
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. Armed groups target liquor shops in Iraq Shops selling alcoholic beverages in Baghdad are constantly targeted. Some Iraqis see this as part of the war on their personal freedoms. […]
Kadhimi promotes Iraq to Turkish Businessmen
By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi met on Thursday with a number of businessmen, investors and heads of Turkish companies, on the sidelines of his official visit to the Turkish capital, Ankara. Kadhimi discussed with businessmen and investors ways to facilitate investment procedures, lift obstacles and reduce bureaucratic procedures. He also listened to […]
Iraqis Panic as Leaked doc signals Dinar Devaluation
A leaked draft of Iraq s state budget sent Iraqis into a panic on Thursday as it confirmed the government's intentions to devalue the national currency the Iraqi dinar [IQD], and cut salaries to cope with the impacts of a severe economic crisis. Click here to read the full story from The Independent. (Source: The […]
Iraq, Turkey agree to Cooperate on Trade
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq, Turkey agree to cooperate on counterterrorism, trade Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Mustafa al-Kadhimi committed to enhanced cooperation on terrorism, trade and energy, although […]
GKP Shares Rally following Update
By John Lee. Shares in Gulf Keystone Petroleum, have rallied more than 20 percent after the company issued an operational and corporate update on Tuesday: Jón Ferrier, Gulf Keystone's Chief Executive Officer, said: "We have made significant operational strides in recent months, ensuring we remain on-track to achieve our revised targets for the year. I […]
GE Synchronizes Gas Turbines at Zubair Power Plant
By John Lee. GE Gas Power has said it has "marked a major milestone" by synchronizing two GT13E2 gas turbines to the national grid at the Zubair Permanent Power Generation Plant. The facility is owned by the Basra Oil Company (BOC) and located at the Zubair oil field, about 20 kilometers from the city of […]
Drilling approved at East Baghdad Oil Field
By John Lee. Iraq is to renew the contract to drill three new directional (non-vertical) oil wells in the East Baghdad oil field. The decision was approved at the meeting of the Iraqi Cabinet on Tuesday. The field is being developed by China's ZhenHua Oil. (Source: Govt of Iraq)
Talks on Double Taxation & Tax Evasion with Turkey
By John Lee. The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet decided to authorise the Minister of Planning to negotiate and sign a draft agreement on double taxation and tax evasion between Iraq and Turkey. (Source: Govt of Iraq)
Mosul Museum Reopens
By Joe Snell for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Scarred but still standing, Mosul museum reopens at last Ninevah's renowned cultural heritage museum, known for the Islamic State's disastrous attack on its treasures, has finally reopened to the […]
Jordan Finds Gas Field near Iraqi Border
By John Lee. Jordan has found new reserves of natural gas at its Risha field, close to its border with Iraq. Hala Zawati, the Jordanian Energy Minister, said: "... drilling operations at Well 53 in the Risha field have shown promising results, while exploration and drilling operations continue at wells 50, 51 and 52." (Source: […]