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 […]

Gender Mainstreaming in Iraq’s Elections

UNDP and UNAMI works with Iraqi High Elections Commission (IHEC) on gender mainstreaming in Iraq’s elections 20 participants from IHEC’s gender unit participated in the first of a series of capacity building activites planned to support IHEC in the period leading up to the upcoming elections. The workshop, jointly organized by the United Nations Development […]

Dozens of Iraqi Journalists enter Parliamentary Race

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  A record 30 Iraqi journalists and media figures have entered the political arena and presented their candidacies for the May 12 parliamentary elections, joining a variety of blocs and lists. […]

AMH Group to build 12,000 Homes in Iraq

AMH Group is pleased to announce it has had its proposal to build 12,000 homes for the Ministry of Transport employees in Basra and Baghdad accepted by the Minister of Transport. The project will be led by an international consortium of Chinese and British companies aimed at closing the housing shortage in Iraq, whilst providing […]

KBR, Anton Oil to replace Shell at Majnoon?

By John Lee. According to a report from Platts, the Iraqi oil ministry is about to award two management contracts to replace Shell at the Majnoon oil field. Sources say the state-run Basra Oil Company (BOC) has opted to operate the field instead of replacing Shell, and junior partner Petronas, which announced last year it […]

IOCs scramble to analyze new Contract Model

Iraq is giving international oil companies (IOCs) just two weeks to evaluate a new contract model that will serve as the basis of an upcoming bidding round for 11 oil exploration and development projects. The Oil Ministry has set April 15 as the deadline for companies to submit bids, according to Abdul Mahdy al-Ameedi, director […]

GKP appoints new Non-Exec Chairman

Gulf Keystone Petroleum (GKP) has announced the appointment of Jacobus ("Jaap") Huijskes as Non-Executive Chairman effective as of 11 April 2018, immediately following the announcement of the Company's 2017 Full Year Results.   Jaap Huijskes, who replaces Keith Lough as Chairman, joined the Board of Gulf Keystone in November 2017 as a Non-Executive Director.  Today's […]

Iraq may build Oil Storage in Japan, South Korea

By John Lee. Reuters reports that Iraq is studying the possibility of building crude oil storage facilities in South Korea and Japan. Alaa al-Yasiri, head of the State Oil Marketing Organization (SOMO), said the move is part of a plan to increase sales to Asian clients: “SOMO’s new strategy is to form trade arms in […]

An Urgent Call to Action: Run. Give. Volunteer.

The Iraqi Children Foundation (ICF) has appealed for runners and doners for its annual run in Alexandria, Virginia. "More than 4 million children have been impacted by extreme violence in several areas including in Ninewa and al-Anbar.  Last year alone, 270 children were killed.  Many were robbed of their childhood, forced to fight on the frontlines.   […]

US Man Charged with Illegally Exporting Firearm Parts to Iraq

An indictment was unsealed on Friday charging Ross Roggio, 49, of Stroudsburg, Pennsylvania, and Roggio Consulting Company, LLC, a firm with which Ross Roggio was associated, for alleged involvement in a conspiracy to illegally export firearm parts, firearm manufacturing tools, and “defense services,” including items used to manufacture M4 rifles, from the United States to […]