$210m Project to Improve Baghdad Water
Iraq: 5 Million Residents in Baghdad to Benefit from Improved Water Supply and Wastewater Services A US$210 million World Bank project will improve the quality of drinking water supply and wastewater services to 5 million residents in Baghdad who suffer from water shortages and the outbreak of waterborne diseases due to inadequate infrastructure, rapid population […]
Rotork to supply Karbala Refinery Project
By John Lee. British-based engineering company Rotork is to supply the Karbala Refinery project in Iraq. According to a press release from the company, Rotork will provide large quantities of IQ3 non-intrusive intelligent electric valve actuators, designed specifically for automated flow control systems in hazardous environments. Due to open in 2020, the State Company of […]
Baghdad "Stops" several Kurdish Landline Services
By John Lee. Iraq’s Communications and Media Commission (CMC) has reportedly ordered several Kurdish communication companies to stop providing landline services. According to a report from Rudaw, the CMC ordered that all companies licensed by them should cut communications with companies that are not licensed, including Fast Link, Newroz, Link Tech, Wego/7net-layer, Nawant, Kurdtel, Tishknet […]
From Tears to Joy -- Run for Children like Noor
The Iraqi Children Foundation (ICF) has announced the roster of Honorary Co-Chairs for the May 5, 2018, IN THEIR SHOES 5K to benefit Iraq's most vulnerable children: His Excellency Fareed Yasseen, Ambassador of Iraq to the United States Ambassador Ryan Crocker (Ret.), Former US Ambassador to Iraq and recipient of the Presidential Medal of Freedom Lt. General Jeffrey […]
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 […]
$6bn Iraqi Port Development available for Investment
By John Lee. Iraq's National Investment Commission (NIC) has included the "Grand Port of Al Faw" in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Project cost: $6 billion Location: Basra Design capacity: Phase one 2018: […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Child Protection and Education Project Manager, Terre des hommes Lead Election Observation Specialist, Creative Associates International Deputy Country Director, Mines Advisory Group (MAG) Logistics and Procurement Coordinator, Norwegian Refugee Council (NRC) Senior Nurse, UNAMI - United Nations Assistance Mission for Iraq Special Assistant, […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Technical Assistant, European Community Humanitarian Office (ECHO) Monitoring & Evaluation Technical Officer - Accountability, Norwegian Refugee Council (NRC) Pharmacist referent, Médicos del Mundo (Source: UN)
Market Review: A Tale of Two Halves & Liquidity
By Ahmed Tabaqchali (pictured), 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 in January was a tale of two halves. The first half started with a whimper with turnover declining 40% from December’s levels […]
Majnoon Oil Output to Almost Double
By John Lee. Iraq reportedly plans to increase production at the Majnoon oilfield from 240,000 bpd now to 450,000 barrels within three years. Ahmed Abdul Razzaq, the head of a committee in charge of developing the field, told Reuters that the Basra Oil Company (BOC), which will take over operations from Shell, is studying proposals from […]
Upstream Law and Regulation in Iraq
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The following is an abridged version of the Iraq chapter of Upstream Law and Regulation: A Global Guide, published by Globe Law and Business, which summarises the upstream regulation and the key […]
EU contributes $59m for Iraq Stabilization
The European Union has contributed an additional US$ 58.96 million (EUR 50 million) to UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives to stabilize areas liberated from the Islamic State of Iraq and the Levant (ISIL). This brings the European Union’s total contribution since 2015 to US$ 73.8 million (EUR 64 million). Based […]