New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Local Security Assistant, UNDP - United Nations Development Programme Call Centre Operator, UNOPS - United Nations Office for Project Services National Professional Officer, WHO - World Health Organization Education Specialist, Norwegian Refugee Council (NRC) (Source: UN)
Video: Iraq seeks to Rebuild its 'Destroyed' Heritage
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Rebuilding efforts in Iraq have been slow since the defeat of the Islamic State of Iraq in the Levant (ISIL, also known as ISIS) last year. But it is not just about reconstructing […]
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 […]
US Central Command Chief discusses Post-IS Iraq
Army Gen. Joseph L. Votel, commander of U.S. Central Command, discusses stabilizing Iraq and Syria post-Islamic State of Iraq and Syria at the U.S. Institute of Peace conference panel in Washington: (Source: US Dept of Defense)
Economy to Grow 1.5% in 2018, 4.5% in 2019
By John Lee. The Iraqi economy is forecast to grow 1.5 percent in 2018, according to a report from BMI Research, a unit of rating agency Fitch. It goes on to predict that the economy will jump 4.5 percent in 2019 as a result of reconstruction efforts. (Source: MENAFN)
GE "Helps Najibiya Power Plant Reduce Downtime"
GE Power has installed its Advanced Gas Path (AGP) gas turbine upgrade solution at the Iraqi Ministry of Electricity’s (MOE’s) Najibiya Power Plant. The solution is expected to enable the MOE to increase the duration between the maintenance inspections of the gas turbines. This will decrease the downtime of the turbines and improve the availability […]
New Gas Treatment Station opened at Bazirgan Field
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has opened a gas treatment station at the Bazirgan field in Maysan [Missan] governorate. The celebration was also attended the members of the parliament, the deputies of the ministry, the directors general and the responsible officials of the ministry, the local government and the governorate. […]
Market Review: Market Consolidates
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market consolidated its recent gains with both prices and turnover declining from those of the prior month. Average daily turnover declined by about 15% […]
Abadi visits Japan to Boost Trade
Prime Minister Haider al-Abadi has arrived in Tokyo for discussions with major Japanese industry and government. He met the CEO of Sumitomo Corporation, Kuniharu Nakamura to discuss future projects in Iraq, including the establishment of factories for car manufacturing in Iraq and providing after-sales services. He also met Hiroyuki Ishige, Chairman and CEO of the […]
104 Iraqi Civilians Killed in March
A total of 104 Iraqi civilians were killed and another 177 injured in acts of terrorism, violence and armed conflict in Iraq in March 2018*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The figures include ordinary civilians and others who can be considered civilian at the time of […]
Expert Blog: How Procurement Influences Production
By Elena Kornienko. In the previous blog post we have talked about Procurement’s role within organization and today I will share with you one more story when Procurement could’ve done a job of SuperMan but end up with selecting a wrong subcontractor and that choice made a tremendous impact on production. At the beginning of […]
Baker Hughes to harness Flare Gas at Gharraf & Nassiriya
By John Lee. Baker Hughes has signed a contract to harness 200 MMcf/d of natural gas from Iraq's Nassiriya and Gharraf oil fields. The Nassiriya field is operated by the state-run Dhi Qar Oil Company (DQOC) and currently producing around 70,000 barrels per day of crude oil, with a target of 150,000 bpd. Gharraf is operated […]