Meeting Between UK and Iraqi Chambers of Commerce
On Wednesday 12th December, the Iraq Britain Business Council (IBBC) was pleased to host a first meeting between the British Chambers of Commerce and Chamber of Commerce & Industry representatives from the Kurdish Region of Iraq. Erbil Chamber of Commerce is a founding member of IBBC and the IBBC is now the affiliate Chamber for […]
Dana Gas Increases Production in Iraq
Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, announces that as a result of the ramp up of production from its debottlenecking project in the Kurdistan region of Iraq, its group production reached 70,000 barrels of oil per day (boepd) on the 19 November and has since been sustained above […]
Iraq buys Grain from US, considers Russia
By John Lee. Iraqi trade minister Mohammed Hashim has reportedly signed a deal on Thursday to import wheat and rice from the United States. According to Reuters, the agreement covers the first half of 2019. Meanwhile, Kurdistan 24 reports that a Russian delegation visited Baghdad this week to discuss exporting wheat to Iraq. (Sources: Reuters, […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th 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 […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Logistics and Procurement Assistant, International Commission on Missing Persons (ICMP) Administration Associate Travel, WFP - World Food Programme Business Transformation Officer, WFP - World Food Programme Independent Consultant, Heartland Alliance for Human Needs Safe Return Capacity Building Officer, Heartland Alliance for Human Needs […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Monitoring and Evaluation Officer/Reporting Officer, ICMP - International Commission on Missing Persons Field Project Officer, IOM - International Organization for Migration Quality Assurance/Quality Control Engineer Specialist, IOM - International Organization for Migration Security Assistant, WFP - World Food Programme Business & Data […]
EUR 57.5m Contracts to Support Mosul Recovery
EU Signs Contracts of 57.5 Million Euros with UN to Support Mosul Recovery, Promises Additional 20 Million Euros Next Month A delegation from the United Nations in Iraq and the European Union Mission to Iraq yesterday toured a number of EU-funded and UN implemented projects in Mosul, seeing first-hand the clearance, stabilization, rehabilitation and development […]
Iraq's GDP to Grow 4.1%
By John Lee. GDP growth in Iraq is expected to hit 4.1 percent in 2019, up from 2.8 percent this year, acccording to data from Moody's. The gain is based on an expectation of oil prices averaging $75 per barrel, and would be the highest level since 2016’s 13.1 percent expansion. The National quotes the […]
Increased Oil Production at Halfaya
By John Lee. Production at Halfaya oilfield has reportedly increased by 100,000 barrels per day (bpd) to a total of 370,000 bpd. Adnan Noshi, head of Maysan Oil Company, told Reuters that output rose after the completion of a new oil processing facility. A further increase to 470,000 bpd is expected next quarter. (Source: Reuters)
Deloitte report on Kurdistan Oil and Gas - Q2, 2018
Fourth Deloitte report on Oil and Gas Review in the Kurdistan Region, Iraq – Q2 of 2018 Today, Regional Council for Oil and Gas Affairs has published new verified data on the Kurdistan Region’s oil exports, consumption and revenues, covering the period from 1 April 2018 to 30 June 2018, after a review of the […]
Joint Operations Command-Iraq Briefing
By Army Col. Jonathan Byrom (via Teleconference From Baghdad), 11th Dec 2018: STAFF: Good morning. We will begin our brief with a quick communication check. Sir, can you hear me? COLONEL JONATHAN BYROM: This is Colonel Byrom. I can hear you. STAFF: This brief should last approximately 45 minutes. We have Colonel Jonathan Byrom, Task […]
Emirates Steel eyes Expansion into Iraq
By John Lee. Abu Dhabi-based Emirates Steel is reportedly considering expansion into Iraq. Chief Executive Saeed Al Remeithi told The National: "We’re always looking at new markets, one of which we are targeting now is Iraq ... "Iraq is a big growth market for us, and from the logistics point of view it is very […]