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 […]
IBBC welcomes Guests at House of Lords
The Iraq Britain Business Council (IBBC) held its bi-annual Council Meeting on 30 January, followed by a Reception & Dinner for IBBC members and guests. Both the meeting and the reception and dinner were hosted by Baroness Nicholson of Winterbourne, President of IBBC and Trade Envoy to Iraq, Azerbaijan, Kazakhstan and Turkmenistan. The Meeting was […]
115 Iraqi Civilians Killed in January
A total of 115 Iraqi civilians (not including police) were killed and another 250 injured in acts of terrorism, violence and armed conflict in Iraq in January 2018*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). Baghdad was the worst affected Governorate, with 323 civilian casualties (90 killed, 233 […]
Iraqi Govt Ministries to Attend Oil Conference in Berlin
Iraqi Government Ministries heading to Berlin for International Meeting in February Iraq’s oil and gas industry has started 2018 with invigorating news including new blocks to be offered at a bidding round in May, several high profile deals finalised with international companies as well as the continued upstream reforms led by Minister of Oil Jabbar […]
$210m UK Support for GE Power Deal
The UK's Minister of State for Trade and Export Promotion, Baroness Rona Fairhead (pictured), has announced $210.8 million in support from UK Export Finance (UKEF) for the second project agreed under the UK-Iraq infrastructure Memorandum of Understanding. The contracts with the Ministry of Electricity in Iraq, valued at $220 million, will see GE Global Services UK upgrade […]