Baghdad "Halts Payments to KRG"
By John Lee. Baghdad is said to have stopped payments to the Kurdistan Regional Government (KRG). Writing for Argus Media, Rowena Edwards says central government will also seek to recover payments made since the start of the year, in the absence of KRG transfers of crude oil, which were part of the as-yet-unsigned 2020 budget. […]
Coronavirus causes Staffing Problems for Lukoil in Iraq
By John Lee. Lukoil is reportedly having difficulties staffing its operations in Iraq due to coronavirus and associated restrictions. Interfax cited chief executive Vagit Alekperov (pictured) was quoted as saying that the company has a problem with replacing shift workers, adding, "We are reaching deals with people to keep them on for shifts that are […]
Why is it So Hard for Iraq to Form a Govt?
By Dr Renad Mansour for the Royal Institute for International Affairs (Chatham House). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why is it So Hard for Iraq to Form A Government? Mustafa al-Kadhimi has emerged as the compromise prime minister designate, but his potential […]
IS steps up Attacks during Coronavirus Lockdown
By Adam Lucente for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Islamic State steps up attacks in Iraq during coronavirus lockdown Iraq has been hit by a wave of Islamic State (IS) attacks during the country's coronavirus lockdown. Numerous operations by IS and unknown groups […]
How the US Military should Leave Iraq
By Barbara Slavin, for the Atlantic Council. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. How the US Military should Leave Iraq A withdrawal of most US military forces from Iraq seems likely this year as the Iraqi government seeks to maintain some […]
IBBC Tech forum Video Conference
Iraq Britain Business Council (IBBC) Tech forum Video Conference Monday 27th April, 2:00 - 2:45 pm UK time. Topic: To discuss the adoption and benefits of Fintech and Cyber Tech and likely impact on the Iraqi economy, based on experiences elsewhere. Speakers: Hugo Rousseau: program mgr financial services TechUK (the UKs largest Tech association) Yazen […]
Siemens and Partners Inaugurate Health Clinic in Baiji
Siemens, Lions and their partners inaugurate the rehabilitated health clinic in Baiji, Iraq Al-Tawheed Center in Salah ad-Din Province was renovated by Iraq's Ministry of Health Siemens donated advanced medical and power equipment to NGO Lions Foundation Germany to support the rehabilitation of the clinic Clinic is open to the public and has the capacity […]
Guide to Iraq's Property Compensation Guidelines
Iraq has experienced a massive wave of displacement over the last four years that has caused an intricate housing, land and property situation. During the recent conflict, many Iraqi citizens have had their property rights violated, such as having lost possession of their property or have had their property damaged or destroyed by different actors. […]
Belgium, Italy assist IDPs and Refugees in Iraq
Belgium and Italy support WFP's assistance to displaced families and refugees in Iraq The United Nations World Food Programme (WFP) welcomes two generous contributions from the Governments of Belgium and Italy of €1 million each (US$1.1 million) to assist internally displaced people (IDPs) and Syrian refugees in Iraq. "The vulnerable situation of IDPs and refugees […]
Iraq's Economy: Spotlight on Oil and Gas
On April 20, 2020, IRIS held a webinar entitled Iraq's Economy: Spotlight on Oil and Gas. The discussion focused on Iraq's economy amidst falling oil prices and additional pressures from the ongoing COVID-19 pandemic. Speakers included IRIS Senior Fellow and AFC Iraq Fund Chief Investment Officer Ahmed Tabaqchali, Iraq Correspondent for Associated Press (AP) Samya Kullab, […]
GKP Shares up 10% on Results
By John Lee. Shares in Gulf Keystone Petroleum (GKP) were up around 10 percent on Thursday morning, following the company's announcement of its results for the year ended 31 December 2019. Jón Ferrier (pictured), Gulf Keystone's Chief Executive Officer, said: "2019 saw a step change in activity at Shaikan; we delivered production and controlled expenditures […]
Expert Blog: Iraq's Start-Ups will Overcome Coronavirus
By Alice Bosley and Patricia Letayf, Co-Founders of Five One Labs. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Start-Ups will Overcome Coronavirus - And Be More Important Than Ever Over the past months, coronavirus has changed the world as we know it. […]