Has Russia begun to Play a Role in Iraq?
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Has Russia begun to play a role in Iraq? Member of the Iraqi parliament's Security and Defense Committee Hakim al-Zamili announced May 9 that negotiations were underway to buy an S-400 air missile system from […]
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 has "Strategic Alternatives" for Exporting Oil
Iraqi Prime Minister Adel abdul-Mahdi said on Tuesday that his country had prepared “strategic alternatives” for exporting oil in case a war erupted between the US and Iran, Anadolu reported. During his weekly press conference, he said: “It is important to deal with the North Iraq region and Turkey to find alternative ways to export […]
Video: Iraq's Marshes Thrive Again
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Thirty years after Saddam Hussein starved them of water, Iraq's southern marshes, which straddle the famous Tigris and Euphrates rivers, are blossoming once more. View on YouTube
How US-Iran Tensions could Disrupt Iraq’s Peace
By Ranj Alaadin, Brookings Institution. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. How US-Iran tensions could disrupt Iraq’s fragile peace Tensions between the United States and Iran are escalating rapidly, particularly since U.S. warships were dispatched in response to reported threats against U.S. […]
Tribalco Wins $14m Iraq Contract
By John Lee. Tribalco LLC, Bethesda, Maryland, has been awarded a $14,425,217 firm-fixed-price Foreign Military Sales (Iraq) contract for computer hardware, services and MEMEX software. One bid was solicited with one bid received. Work will be performed in Bethesda, Maryland, with an estimated completion date of May 22, 2020. (Source: US Dept of Defense)
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23rd May 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD640 (+3.0%) / $689 (+3.0%) (weekly change) (-2.9% and -2.9% YTD change, respectively). The number of week traded […]
Hyundai wins $2.4bn Desalination Contract
By John Lee. Hyundai Engineering & Construction has reportedly won a $2.45-billion deal to build a seawater processing facility in Iraq. South Korean media report that the company signed a letter of intent with Basra Oil Company (BOC) on Wednesday for the 49-month project, which will be capable of supplying 5 million barrels of fresh […]
Iraq to Increase Production at West Qurna 1
By John Lee. Oil production is to increase at the West Qurna 1 oilfield, according to Reuters. The news agency quoted Basra Oil Company (BOC) chief Ihsan Abdul Jabbar as saying on Wednesday that output will rise from 440,000 barrels of crude oil per day (bpd) to 490,000 bpd in the “next few days”. The […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Legal Officer (Head of the Forensic Science Unit), UNS-SPM UNITAD - United Nations Investigative Team for Accountability of Daesh/ISIL Public Information Officer, UNS-SPM UNITAD - United Nations Investigative Team for Accountability of Daesh/ISIL Facilities Management Assistant, UNAMI - United Nations Assistance Mission for […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Senior Project Assistant, UNAMI - United Nations Assistance Mission for Iraq Treasury/Administrative Assistant, UNAMI - United Nations Assistance Mission for Iraq Administrative Assistant, UNAMI - United Nations Assistance Mission for Iraq Head of Programme for Danish Demining Group, Danish Refugee Council (DRC) […]
Rumaila hits 30-yr High in Oil Production
The Rumaila oilfield produced 1.467 million barrels per day (bpd) in 2018 – the oilfield’s highest annual rate of production for 30 years. 2018 also saw the milestone of four billion barrels of oil produced since the Rumaila Operating Organisation [ROO] began operating in June 2010. The results were reported in the 2018 Rumaila Annual […]