Erdogan's plans in Iraqi Kurdistan may Backfire
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. For about 10 years, the Kurdistan Democratic Party (KDP), which controls Erbil and Dahuk provinces in Iraq, has enjoyed close working relations with the Turkish government on trade, energy […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 17th January 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD642 (-4.4%) / $691 (-4.4%) (weekly change) (-2.5% and -2.7% YTD change, respectively). The number of week traded […]
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 […]
Iran FM, Iraqi Tribal Leaders Meet in Karbala
Iranian Foreign Minister Mohammad Javad Zarif met a group of Iraqi tribal leaders from south of the country in the holy city of Karbala. During the last leg of his meetings with Iraqi officials, elites and representatives of Iraqi society from various ethnicities and regions, Zarif sat for talks with the tribal leaders and clans’ […]
Doubling Iran-Iraq Trade on Horizon: Zarif
Iranian Foreign Minister Mohammad Javad Zarif, who is on an official visit to Iraq, highlighted the positive outcomes of the Iran-Iraq Joint Trade Conference in Baghdad and said the doubling of the bilateral trade “is on the horizon”. “Today, I, accompanied by 6 Iraqi ministers, addressed hundreds of participants at the Iran-Iraq Joint Trade Conference; […]
GKP to Increase Production; Shares Rise
Shares in Gulf Keystone Petroleum (GKP) closed 4.3 percent higher on Wednesday after the company provided an operational and corporate update. Operational Production operations, underpinned by strong performance of the Shaikan Jurassic reservoir, continue in line with expectations. Average gross production of 31,563 barrels of oil per day ("bopd") was achieved in 2018, at the […]
MAN Energy Solutions Cements Iraqi Deals
MAN Energy Solutions has successfully commissioned six MAN 18V32/40 engines in a cement factory in Samawa, Iraq, and delivered five more engines of the same type to a freshwater-treatment plant in Basra. “The country's infrastructure has suffered greatly from armed conflict in the past and the re-electrification of Iraq is pivotal for further growth and […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Support Services Manager, Humanity and Inclusion (HI) Administration Manager, Humanity and Inclusion (HI) Chief Information Officer Advisor, Development Alternatives, Inc. (DAI) Chief of Party, Concern Worldwide Forensic Archaeologist, ICMP - International Commission on Missing Persons RRU Regional Livelihoods Technical Advisor, UNAMI - United […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Country Director, Danish Refugee Council (DRC) Project Coordinator - Economic Recovery, Danish Refugee Council (DRC) Technical Advisor, UNDP - United Nations Development Programme Electricity Law Specialist, UNDP - United Nations Development Programme Emergency Officer (Field Coordination), IOM - International Organization for Migration […]
Kurdistan Tourism to "Double" by 2025
By John Lee. The head of Iraqi Kurdistan's Board of Tourism has reportedly said that tourism is expected to "approach" 15 percent of gross domestic product (GDP) by 2025. Mawlawi Jabar Wahab told Rudaw that this would be roughly double the sector’s current size. Visitor numbers are now beginning to climb once more, topping three […]
7m Iranians, Iraqis Visit Each Other’s Country Annually
Iran’s Foreign Minister Mohammad Javad Zarif said the fact that each year, 7 million Iraqis and Iranians visit each other’s country is a sign of the two neighboring countries’ close ties. Speaking at a meeting with Iraqi Parliament Speaker Mohammed Al-Halbousi in Baghdad on Monday, attended by the chairmen of the Iraqi parliamentary factions, Zarif […]
Jordan’s Contractors see New Opportunities in Iraq
By John Lee. Business leaders in Jordan have reportedly welcomed increased access to Iraq’s $88.2-billion reconstruction efforts. According to a report from Jordan Tmes, a recent agreement to grant Jordanian construction contractors equal status to their Iraqi peers was described as “a God-sent miracle” by engineer and board member of the Jordan Construction Contractors Association (JCCA) […]