$66m for Tharthar Lake Water Management Project
By John Lee. The Iraqi Cabinet held its weekly regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Al-Abadi. It discussed energy, housing, transport, security, financial reforms and delivery of public services, and also reviewed several reconstruction projects across Iraq. The cabinet approved measures to accelerate the transition to electronic payment of […]
Video: Vote Fraud Allegations Trigger Recount
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's electoral commission says it is cancelling the results from more than 1,000 polling stations used in this month's parliamentary vote. It says it has evidence of fraud at voting centres both in […]
Al-Kask Refinery re-starts Production
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has announced that the re-construction and rehabilitation of the first unit of the Al-Kask refinery in Ninawa is complete. The facility can process 10,000 barrels of oil per day (bpd). Work is continuing to finish the second unit, which also has a capacity of […]
6 New Investment Opportunities in Iraq
By John Lee. The National Investment Commission (NIC) has announced six new investment opportunities in Iraq: New Housing Compounds, Ministry of Water Resources Lime plant in Karbala, Iraqi Cement State Company Caustic/chlorine plant in Khor al-Zubair, State Company for Petrochemical Industries Industrial and medical gases, Al-Zawraa State Company Chlorine plant in Muthanna, General Company for […]
Saddam's Superyacht to become Sailors' Hotel
By John Lee. The 82-meter yacht built for Saddam Hussein in 1981 is to be turned into a hotel for the pilots who guide shipping in and out of the port of Basra. The Iraqi government re-gained posession of the 'Basrah Breeze' in 2010 following a legal battle in the French courts. It subsequently failed […]
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 […]