Report on “Register of Licenses” - Another Disappointment
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. IEITI Report on “Register of Licenses” - Another Disappointment Iraq EITI (IEITI) released recently the above report, which it says, “In accordance with Standard 2.3 of the International Initiative”; in part it […]
Kirkuk Oil Exports "to stay Restricted"
By John Lee. Exports from Iraq’s northern Kirkuk oilfields to the Turkish port of Ceyhan will reportedly remain at between 80-90,000 barrels per day, with most of the crude being used to feed local refineries, according to Iraq’s oil minister. Current production at the Kirkuk oilfields stands at around 370,000 bpd, the head of Iraq’s […]
Enhancing the Capacities of Newly-Elected Parliamentarians
The United Nations Development Programme (UNDP) In cooperation with the Iraqi Council of Representatives (CoR) organized three-days induction sessions on the principles of Parliamentary work. The sessions came as part of the continues support to the institutional reform and enhanced governance in Iraq. In line with the Sustainable Development Goals (SDGs). 35 newly elected Parliamentarians […]
Kids in Iraq Camps Dream Big, but can't Enroll in School
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Maareb has big dreams, but she may never get to realise them. Every day, when her friends attend class in the Iraqi displacement camp they call home, she stays behind. View on YouTube
Halliburton Wins New Drilling Contract in Iraq
US-based oil services company Halliburton has today announced it has signed two contracts with Eni Iraq BV to provide integrated drilling services at Eni’s Zubair oilfield in Southern Iraq. Under the contracts, Halliburton will mobilize four to six rigs to drill development wells over the next two years. Mahmoud El-Kady, vice president of the Iraq […]
Oil Ministry Finalises Export Figures for November
By John Lee. Iraq’s Ministry of Oil has announced final oil exports for November of 101,313,958 barrels, giving an average for the month of 3.377 million barrels per day (bpd), a decrease from the 3.478 bpd exported in October. These exports from the oilfields in central and southern Iraq amounted to 100,895,342 barrels, while exports from […]
Video: Iraq’s Yazidi Projects face Funding Threat
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In northern Iraq, several projects are trying to help Yazidi women support themselves and their loved ones after ISIL drove them from their towns and villages into refugee camps. But as the threat […]
Iraqi Kurdistan struggles to end Violence against Women
By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Shaima was 17 years old and entering her junior year in school in Erbil. Her mother, who was worried about family "honor," often challenged her daughter in heated discussions. Eventually, […]
Iraq Scores Poorly on "Best Countries for Business" Index
By John Lee. Iraq has been ranked in 130th place in the Forbes Best Countries for Business index, out of the 161 countries measured. The index gauges the Best Countries for Business by rating nations on 15 different factors, including property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape and investor […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th December 2018). Note: ISX will be closed during December 26, 2018 - January 1, 2019 due to the end-of-year closing operations. The next session will be held on Jan. 2, 2019. Please click here to download a table of listed companies and their associated […]
TBI first Iraqi Bank to get B- from Fitch
Fitch Ratings has assigned Trade Bank of Iraq (TBI) a Long-Term Issuer Default Rating (IDR) of 'B-' with Stable Outlook. According to Saudi Gazette, this makes TBI the first bank in Iraq to get B- from Fitch. IDRS AND VIABILITY RATING TBI's IDRs are driven by the bank's Viability Rating (VR) and underpinned by potential […]
Official Hails Growing Trend in Iran’s Exports to Iraq
The secretary general of Iran-Iraq joint chamber of commerce highlighted an upward trend in the export of Iranian products to Iraq. In a meeting with Iranian and Iraqi trade delegations, Hamid Hosseini pointed to a growing trend in Iran’s exports to the Arab country, saying its daily value stands at $45 million and sometimes reaches […]