Al-Nukhba-OFS joins the IBBC
The Iraq Britain Business Council (IBBC) has announced that Al-Nukhba-OFS FZCO has become the latest member to join the Council. Al-Nukhba OFS is one of Iraq’s preeminent organisations, involved in numerous sectors of the economy with many years of experience and has developed strong relationships with a host of international companies. Al Nukhba OFS started […]
AECOM wins $35m Iraq Contract
California-based AECOM Technical Services Inc. has been awarded a $34,872,597 firm-fixed-price contract for Mosul Dam geotechnical assistance and dam safety support services. One bid was solicited with one bid received. Work will be performed in Mosul, Iraq, with an estimated completion date of Aug. 1, 2019. (Source: US Dept of Defense)
235-MW Rumaila Power Station Opened
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has officially opened the Rumaila power station. The construction of the 235 MW plant was supervised by the China Petroleum Engineering & Construction Corporation (CPECC), the engineering and construction subsidiary of the China National Petroleum Corporation (CNPC). The Minister said the project is considered as […]
Oil Exports Fall Slightly in March
By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for March of 107,050,000 barrels, giving an average for the month of 3.453 million barrels per day (bpd), a slight increase from the 3.426 bpd exported in February. The exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. […]
Women's Centre helps Women "knit" Lives Back Together
Women's centre in Iraq helps women "knit" their lives back together Three years ago, conflict forced Haneen Ali* to flee her home in Mosul, in northern Iraq. With her parents, she hiked through minefields before finding safety in the Debaga camp. “The journey was long and tiring,” said Ms. Ali, now 22. “I had to […]
Japan contributes $4.5m for Explosive Hazard Clearance
Japan’s USD 4.5 million contribution for emergency response extends support for explosive hazard clearance in Iraq The United Nations Mine Action Service (UNMAS) welcomes the contribution of USD 4.5 million from the Government of Japan to support the UNMAS Iraq emergency response related to on-going humanitarian and stabilization efforts in liberated areas contaminated with explosive […]
Video: Faw Peninsula faces Environmental Catastrophe
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Environmentalists say Iraq's once fertile Faw Peninsula is facing catastrophe. The region has seen a major collapse in its fishing and farming industries due to drought and decades of wars. Al Jazeera's Imran […]
KRG approves revised Salary Distribution System
In its regular meeting on Wednesday, the Kurdistan Region Council of Ministers discussed and adopted proposed revisions to the salary distribution system, based on funds currently available and projected. In a press conference after the meeting, Prime Minister Nechirvan Barzani briefed the media on the revised salary distribution system. He said the KRG fully understands […]
Video: Basra Moggies set paw in Iraq's first Cat Hotel
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Basra moggies set paw in Iraq's first cat hotel: View on YouTube
Power-sharing deal could end dispute over Kirkuk Elections
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. For the first time since 2005, Kirkuk governorate in Iraq will hold elections Dec. 22 to select its local governing council. Parliament included the multiethnic province of the Kurds, […]
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 […]
New American University to be at Water Palace
By John Lee. Al Faw Palace has reportedly been selected as the location for the new American University of Iraq - Baghdad (AUIB). The complex was originally built by Saddam Hussein, then used by the US-led coalition as a camp following the invasion. The new university is scheduled to open in September 2018, and will […]