Dana Gas Boosts Production in Kurdistan
By John Lee. Sharjah-based Dana Gas has announced that its average production for Q1 2019 has increased by 6% year-on-year to 68,700 boepd from 65,000 boepd in Q1 2018. The first quarter production increase was led by the Kurdistan Region of Iraq (KRI), which leapt to 32,750 boepd in Q1 2019 from 26,300 boepd in […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 11th April 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD581 (+0.5%) / $626 (+0.5%) (weekly change) (-11.9% and -11.9% YTD change, respectively). The number of week traded […]
Iran, Iraq forge ahead with Collaboration
By Hamidreza Azizi for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iran, Iraq forge ahead with collaboration amid US pressure Iraqi Prime Minister Adel Abdul Mahdi visited Tehran April 6-7, his first official visit to the neighboring country since assuming […]
Textron Wins $15m Iraq Contract
US-based Textron Aviation Defense has been awarded a $15,350,000 contract for continued support for the completion of the reconstitution of 15 T-6A aircraft. This modification provides for a schedule extension to complete the reconstitution of 15 T-6A aircraft and procure cartridge actuated devices and propellant actuated devices. Work will be performed at Imam Ali Air […]
Iran, Iraq agree on Development of Joint Oilfields
Iran and Iraq have reached an understanding on the joint development of the Naft Shahr and Khorramshahr oilfields, Iranian Minister of Petroleum Bijan Zangeneh has announced. Speaking on Sunday, during a visit to the Energy Industries Engineering and Design (EIED), an affiliate to the Oil Industries' Engineering and Construction (OIEC), the official said: "There are […]
Karbala University taking steps into E-Transformation
As part of the continues support of the United Nations Development Programme (UNDP) to the University of Karbala, a workshop has been conducted for the period 1 to 5 April on the e-learning modules, gathering twenty senior officials and academics from Karbala University, as part of the technical support provided by the Public Sector Modernization […]
AMAR's Fight against Religious Persecution reaches Baghdad
By Robert Cole, for the AMAR International Charitable Foundation. The AMAR-led initiative to bring to an end the horrors of religious persecution, which began with a series of high-level conferences in Windsor Castle, has now led to Baghdad. The November event, held over two days in the Iraqi capital, attracted more than 200 delegates, including senior […]
Gender Equality Seal - Empowering Iraq Women
Empowering women in Iraq through Gender Equality Tool Seal Gender mainstreaming is the cornerstone of development and peacebuilding, it occupied a very important part in SDGs and Agenda 2030. The United Nations Development Programme (UNDP) had developed an assessment tool to track gender equality in the public institutions, in order to create a baseline and […]
Iraq "Not Worried" about Safety of Dams
By John Lee. Iraqi officials have reportedly tried to quell fears that dams could collapse, as water reservoirs approach capacity after a very wet winter. A spokesperson for the Ministry of Water Resources told AFP: "We are in control of the dams and reservoir levels ... We are not worried about their safety or stability." […]
Iran Plan for Air Defense Cooperation with Iraq
Iran’s Top General Unveils Plan for Air Defense Cooperation with Iraq Chief of Staff of the Iranian Armed Forces Major General Mohammad Hossein Baqeri said Tehran and Baghdad have agreed to launch air defense cooperation to combat possible threats to Iran’s western border. Briefing reporters on the results of a meeting with his Iraqi counterpart […]
Genel Energy names New CEO
Genel Energy has announced the appointment of Dr. Bill Higgs as Chief Executive Officer, and as a member of the Board of Directors, with immediate effect. Esa Ikaheimonen, Chief Financial Officer, has also been appointed to the Board. Dr. Higgs joined Genel as Chief Operating Officer in October 2017, and has since led on the […]
Iran "ready to Expand Gas, Power Trade with Iraq"
President Hassan Rouhani has called for Iran and neighbouring Iraq to expand their gas and electricity dealings and boost bilateral trade to $20 billion, state TV reported, despite difficulties caused by US sanctions against Tehran. “The plans to export electricity and gas and hopefully oil continue and we are ready to expand these contacts not […]