Weir signs $50m Contracts in Iraq
By John Lee. Weir Oil & Gas Dubai has announced the signing of multi-year contracts in Iraq with two international oil companies totaling more than $50 million USD. According to a press release from the company, the contracts secure the provision of Weir Oil & Gas workshop services and engineering support for an oil field […]
Ericsson wins New Contract with Zain Iraq
Zain Iraq has selected Ericsson (NASDAQ: ERIC) to modernize a number of its legacy sites with Ericsson Radio System in a contract signed recently that serves to strengthen the partnership of the two companies. Under the terms of the deal, Ericsson will reinforce its role as a trusted business partner by providing higher capacity and […]
Caparol Paints signs Strategic Agreements in Iraq
By John Lee. German-based Caparol Paints has reportedly signed strategic partnership agreements with a number of contractors from Iraq to increase its market reach in the country. According to a press release, the company hosted contractors from various parts of Iraq to provide them with firsthand experience of Caparol's paints and techniques. This is part […]
Sulayminyah Tobacco Factory to be turned into Arts Centre
Sulayminyah has, since its founding 200 years ago, been dedicated to the arts and now the Kurdistan Regional Government has dedicated six million dollars to create a cultural arts centre in the city. Click here to view the video from Al Jazeera.
Private Sector Development Strategy in Karbala
UNDP is helping to launch the Private Sector Development Strategy in Karbala The Governorate of Karbala in cooperation with the United Nations Development Programme (UNDP) and support of the Food and Agriculture Organization (FAO) organized a conference to roll out the Holly Karbala Private Sector Development Strategy (2018-2030) in Karbala province. The Holly Karbala Private […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Internal Controller and Compliance Manager, Save the Children Child Protection Manager, Save the Children WASH Program Manager, Save the Children IT Assistant, IOM - International Organization for Migration Psychosocial Area Coordinator, IOM - International Organization for Migration Finance Assistant, IOM - International Organization […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Humanitarian Affairs Officer, OCHA - Office for the Coordination of Humanitarian Affairs Reintegration Advisor, IOM - International Organization for Migration Project Assistant, IOM - International Organization for Migration Consultant Design Engineer, IOM - International Organization for Migration Technical Project Engineer, IOM - […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th Aug 2018). Note: ISX will be closed starting from Aug. 21, 2018 to Aug. 26, 2018 due to the religious holiday of Eid Al-Adha. The next session will be held on Monday, Aug. 27, 2018. Please click here to download a table […]
DNO Reports Payment for Tawke Deliveries
By John Lee. DNO ASA, the Norwegian oil and gas operator, has reported receipt of USD 69.03 million as payment for May 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of Iraq. The funds will be shared by DNO and partner Genel Energy plc pro-rata to the companies' […]
GKP confirms Shaikan Payment
By John Lee. Gulf Keystone Petroleum (GKP) has confirmed that a gross payment of $27.0 million ($21.2 million net to GKP) has been received from the Kurdistan Regional Government for Shaikan crude oil sales during May 2018. (Source: GKP)
Operation Roundup Continues to Target ISIS Remnants
Combined Joint Task Force Operation Inherent Resolve and its partners continue to pursue the lasting defeat of the Islamic State of Iraq and Syria in designated parts of Syria and Iraq, task force officials reported on Monday. Operation Roundup, which began May 1 to accelerate the defeat of ISIS in the Middle Euphrates River Valley […]
Iran, Sanctions and Iraq: The Bigger Picture
By Ahmed Tabaqchali. Originally published by Iraq in Context; re-published by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Current analysis of renewed Iran sanctions often overlooks the wider context of Iraq's regional trading relations. The extent of Iraq’s compliance with […]