New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: WASH Project Manager, Norwegian Refugee Council (NRC) Resident Senior Program Officer, National Democratic Institute (NDI) Senior Technical Adviser, UN-Habitat - United Nations Human Settlements Programme Programme Management Officer, UN-Habitat - United Nations Human Settlements Programme Deputy Chief of Party, Development Alternatives, Inc. (DAI) […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: HR Clerk, UNDP - United Nations Development Programme Senior Project Assistant, UNDP - United Nations Development Programme Communications Associate, UNDP - United Nations Development Programme International Cash Based Assistance Specialist, UNDP - United Nations Development Programme Associate Information Management Officer, UNAMI - […]
Hanwha receives $230m Payment for Bismaya
By John Lee. South Korea's Hanwha Engineering and Construction (E&C) has said it haws received an additional payment of $230 million from the Iraqi government for work carried out in the first half of this year on the Bismayah New City project in Baghdad. According to the report from Business Korea, the total contract is […]
Cabinet endorses Institutional Performance Management System
Iraq’s Institutional Performance Management System endorsed for implementation across Iraq’s Public Sector The Council of Ministers has endorsed “Iraq Government-Wide Institutional Performance Management System” for immediate application across public sector institutions in Iraq. The system is a non-prescriptive business excellence framework for organizational management, designed to help organizations to become more competitive. It provides a […]
Oil Ministry Finalises Export Figures for April
By John Lee. Iraq’s Ministry of Oil has announced final oil exports for April of 100,197,197 barrels, giving an average for the month of 3.340 million barrels per day (bpd), a slight increase from the 3.453 bpd exported in March. These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. […]
Mosul's Great Mosque to be Restored to Former Glory
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. When the Al-Nouri Mosque and the adjacent al-Hadba minaret in Mosul were bombed by the Islamic State (IS) on June 21, 2017, many thought that the landmark mosque […]
Genel Energy Confirms KRG Payment
Genel Energy notes the announcement from DNO ASA, as operator of the Tawke PSC, that the Tawke partners have received $47.23 million from the Kurdistan Regional Government ('KRG') as payment for February 2018 crude oil deliveries to the export market from the Tawke licence. Genel's net share of the payment is $11.81 million. The Taq […]
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 […]
Kuwaiti Investor plans $58m Project in Basra
By John Lee. A Kuwaiti businessman is reportedly planning to grow 100,000 date palms and build a nature reserve complete with ostriches and deer in southern Badia, 150 km from the city of Basra. According to Reuters, Abdul-Aziz al-Babtain is investing $58 million in the project, which will see the palms grown over the next […]
IBBC, RUSI brief on Iraqi Election Results
The Iraq Britain Business Council (IBBC) has held an event in partnership with the Royal United Services Institute (RUSI) on ‘The Iraq Election Results: what next for Iraq’s political stability?’. The panel event, in partnership with the Royal United Services Institute gave an initial assessment of the Iraqi election result and commented on the early […]
Rosneft, KRG sign Gas Development Agreement
As part of the XXII St. Petersburg International Economic Forum, Rosneft and the Kurdistan Regional Government of Iraq signed an agreement securing the intention of the Parties to make a detailed analysis of potential gas cooperation options. The Parties ensure stepwise implementation of the arrangements following the Investment Agreement signed at the XXI St. Petersburg […]
ZhenHua signs East Baghdad Deal
By John Lee. China's ZhenHua Oil [Jinhua] has signed a service contract to develop the southern part of the East Baghdad oil field. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] said that the signature of the contract was significant for Baghdad because it is the first project in the capital. The development of the field […]