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 […]
New Investment Opportunities in Iraq
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Production of polymer joints – Al-Zawraa State Company Production of solar panels – Al-Zawraa State Company (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th August 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD628 (-1.0%) / $675 (-1.0%) (weekly change) (-4.8% and -4.9% YTD change, respectively). The number of week traded […]
UNAMI Urges Inclusion of Women in Decision-Making
UNAMI Urges Inclusion of Women in Politics and Decision-Making Deputy Special Representative of the UN Secretary General, Alice Walpole (pictured), has addressed the launch of a Regional Forum aimed at advancing women’s rights in Iraq and across the Middle Eastern region, with participants from Iraq, Algeria, Bahrain, Egypt, Jordan, Lebanon, Morocco, Palestine, Tunisia and Yemen. […]
Contractor Ruling Against Iraq could top $140m
By John Lee. A US military contractor has won a judgment estimated at $140 million against Iraq to reimburse it for unpaid invoices relating to work done for the Iraqi Ministry of Defense. Dale Stoffel, the President of Wye Oak Technology, was killed in mysterious circumstances fifteen years ago while attempting to recover the debt. […]
Govt of Iraq contributes $33m for Stabilization
Government of Iraq contributes $33m for stabilization activities in historic agreement The Government of Iraq has today signed an historic agreement with the United Nations Development Program (UNDP), committing USD 33 million for stabilization activities across the country. Administered through UNDP’s Funding Facility for Stabilization (FFS), the contribution will be used to rehabilitate essential infrastructure […]
Petrofrac Order Intake hit by Iraq Fraud Investigation
By John Lee. Petrofac has said that a fall in first-half order intake was partly due to an investigation into the oilfield services company’s dealings in Saudi Arabia and Iraq. In its results for the six months ended 30th June 2019, Petrofac's Group Chief Executive Ayman Asfari commented: "Petrofac has delivered good results that reflect […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Head of Field Officer, WFP - World Food Programme National Resilience Officer, WFP - World Food Programme Technical Programme Specialist, UNOPS - United Nations Office for Project Services Berater Existenzgründung und Investitionsförderung, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Investigator, UNS-SPM UNITAD - United […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Associate Security Officer, UNAMI - United Nations Assistance Mission for Iraq Security Officer. UNAMI - United Nations Assistance Mission for Iraq Director of Finance and IT, Save the Children Field Security Officer, International Organization for Migration (IOM) Protection Coordinator, International Organization for […]
Shamara to provide Power for Basra Gas Plant
By John Lee. The Basrah Gas Company (BGC) and Shamara Holding have reportedly signed a contract under which Shamara will supply electricity to the Basra Natural Gas plant. According to The National, the contract will enable the plant to process by-product gas that would other wise be flared from the Rumaila, Zubair and West Qurna-1 […]