GardaWorld Weekly Security Report
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
Iraq, China launch 'Oil for Reconstruction' agreement
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an "oil for reconstruction" and investment program. Under the arrangement, Chinese firms work in Iraq in […]
IBBC, Nahrein preparing Iraqi Unis for Int'l Collaboration
IBBC and Nahrein network hold successful workshop session Preparing Iraqi Universities for International Research Collaborations with MOHE and Scientific research Professor Mohammed Al Uzri of IBBC and Leicester University and Professor Eleanor Robson of Nahrein Network and UCL, led a successful workshop for the Ministry of Higher Education and Scientific Research with a number of […]
Top Mountain, USAID launch Business Incubator
Top Mountain in partnership with USAID is launching a business incubator and employment program. The goal of the program is to promote economic growth and increase employment opportunities to support minorities from Ninewa targeted by ISIS. Program activities will focus on achieving three core objectives designed to support this goal. Firstly, outreach campaigns will be […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 10th October 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD647 (+1.9%) / $695 (+1.9%) (weekly change) (-1.9% and -2.1% YTD change, respectively). The number of week traded […]
Iraqi Govt continues to Block Social Media
The Iraqi government continues to block social media websites in all governorates amid mass demonstrations in the country. This is despite the partial return of internet service in the capital Baghdad and the southern governorates. Despite the intermittent return of the internet service, the blocking of social media websites continues in all governorates of Iraq, […]
Market Review: “The Economy, the Protests and the Govt”
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review: “The Economy, the Protest Movement and the Government” In early October Iraq, Baghdad in particular, erupted in massive demonstrations, that at the time […]
UPDATE: Iraqi PM Announces Cabinet Reshuffle
By John Lee. Iraqi Prime Minister Adel Abdul Mahdi has reportedly announced a cabinet reshuffle and three days of national mourning, following the recent protests during which more than 110 people were killed. Reuters quotes him as telling a news conference: "We will ask parliament to vote tomorrow [Thursday] on changes to ministries". According to […]
US Firm wins $25m Iraq Training Deal
By John Lee. Spartan Air Academy Iraq LLC, Irving, Texas, has been awarded a $24,863,731 firm-fixed-price contract for contractor logistics support (CLS) services. The contract provides for CLS services and material support for 15 T-6A aircraft. Work will be performed at Balad Air Base, Iraq and is expected to be completed by June 30, 2020. […]
MAG, Facebook Reducing Casualties from ISIS Mines
MAG teams up with Facebook to reduce casualties from ISIS mines in Iraq The Mines Advisory Group (MAG) has launched an innovative project with Facebook and the US government to help people in northern Iraq learn how to stay safe from the landmines and unexploded bombs left behind after years of war. The initiative uses […]
Govt seems Powerless against Protesters
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi government seems powerless against protesters even as 'unknown' snipers take toll A video of a fearless teenager performing a dance from the popular multiplayer online game PlayerUnknown's Battlegrounds amid heavy bullets and smoke […]
Weatherford Wins New Business in Iraq
Weatherford International plc (OTC-PINK:WFTIQ) has announced it has been awarded two fully integrated rig contracts and one well services (through-tubing intervention) contract with a multinational operator in one of the world’s largest proven oil fields located in Iraq. Frederico Justus, President of the Eastern Hemisphere for Weatherford, said: “Weatherford has operated in Iraq since 2006, […]