New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Information Management Officer, UNOPS - United Nations Office for Project Services National Specialist - Agro-Food Processing Component. FAO - Food and Agriculture Organization of the United Nations National Specialist - Animal Fodder Production/Marketing Component, FAO - Food and Agriculture Organization of the […]
Entrepreneurs ready for Hackathon Weekend in Sulaimani
Hackasuly, the largest international hackathon in Iraq, brings the coding community together over a weekend to work in teams and turn their ideas into technological solutions on September 5th - 7th. This year, the organisers are accepting projects in three different and exciting tracks: AI & Data Science E-Society Fintech The goal is to help […]
Daewoo Wins $70m Iraq Order
By John Lee. South Korea's Daewoo Engineering & Construction has won a US$70.35 million order to build entrance roads for the new Al Faw Grand Port in Basra. Under the deal with the General Company for Ports of Iraq (GCPI), Daewoo will complete the 14.5 kilometer-long road by May 2021. Earlier this year, the company […]
Iran Bolsters Commercial Team in Iraq
By John Lee. The new acting head of Iran’s Trade Promotion Organization (TPO) has said that Iran has appointed a second commercial attaché to Basra. Hamid Zaboum is also quoted as saying that a third attaché will also be send to Sulaymaniyah. (Source: Tehran Times)
Attock Cement Grinding Unit Starts Production
By John Lee. Attock Cement Pakistan Limited (ACPL) has said that commercial production at its new 0.9 Mta cement grinding unit in Basra started on Sunday. The company, which makes the Falcon brand of cements, is a member company of Pharaon Commercial Investment Group. (Sources: Pakistan Stock Exchange, Cemnet)
First Shipment of Iraqi Crude Oil to Jordan
By John Lee. The first shipment of Iraqi crude oil to Jordan under a new deal agreed in Februay has been sent on Sunday. According to a statement from the Jordanian Minstry Of Energy And Mineral Resources, the first trucks left from Baiji station in Kirkuk on Sunday, and are expected to reach the oil […]
Oil Exports Slightly up in August
By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for July of 111,706,151 barrels, giving an average for the month of 3.603 million barrels per day (bpd), up from the 3.556 million bpd exported in July. These exports from the oilfields in central and southern Iraq amounted to 107,520,044 barrels, while exports […]
UK Returns Seized Archeological Tablets to Iraq
By John Lee. The British Museum has handed over of an important collection of 156 cuneiform tablets to the Government of Iraq. This is the largest such group to be seized in the UK and returned to Iraq. They are Mesopotamian texts written on clay in cuneiform script and were incorrectly declared on entry to […]
Sulaimani "First in Iraq" to Separate Recycling
By John Lee. The Mayor's office of Sulaimani has said it will initiate a recycling program, separating trash from recyclable material. According to Kurdistan24, the move will see three garbage bins placed inside the building of the Mayor’s office: one for food waste, one for plastics, and the other for glass items. More here. (Source: […]
HRW: "School Doors Barred to Many Children"
By John Lee. The Iraqi government is denying thousands of children whose parents have a perceived Islamic State (also known as ISIS) affiliation of their right to access an education, Human Rights Watch (HRW) has said. The children, who were born or lived in areas under the control of ISIS between 2014 and 2017, lack […]
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 […]
TechnipFMC to Split Company
TechnipFMC plc (NYSE: FTI) (Paris: FTI) has announced that its Board of Directors has unanimously approved its plan to separate into two industry-leading, independent, publicly traded companies: RemainCo, a fully-integrated technology and services provider, continuing to drive energy development; and SpinCo, a leading engineering and construction (E&C) player, poised to capitalize on the global energy […]