Southern Refineries to Increase Capacity by 33%
By John Lee. Iraq plans to increase capacity at its southern refineries to 280,000 barrels per day by the end of 2018. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] made the announcement at the opening of the second phase of the fourth unit project in the south refineries in Basrah governorate. The new project will […]
4 New Investment Opportunities in Iraq
By John Lee. The National Investment Commission (NIC) has announced four new investment opportunities in Iraq: Manufacturing greasing and lubrication systems Expanding a filter factory Brick factory Cable factories in Ur State Company (Source: National Investment Commission)
Million+ Households to Benefit from new Financial Programs
The World Bank Group approved the Emergency Social Stabilization and Resilience Project (ESSRP), a US$200 million project that aims to improve the livelihoods of over one million Iraqi in liberated areas through the provision of cash, short-term employment, and other means of social support, namely to the most vulnerable. As the Government of Iraq (GoI) […]
Direct Appeal to Federal Supreme Court against INOC Law
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Immediately after the Iraqi parliament voted the new INOC Law and after thorough and critical examination and analysis of the law it becomes apparently clear that the law is full of shortcomings, […]
Oil Ministry, Rosneft discuss increasing Cooperation
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has met with Deder Kasemero, the vice president and the regional manager of Rosneft, to discuss the expansion of cooperation in the Iraqi oil and gas sector. The Minister said he is open for international companies such as Rosneft to participate in investment projects to […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: WHE Team Lead, WHO - World Health Organization National Professional Officer, WHO - World Health Organization Data Collection Officer, Norwegian Refugee Council (NRC) Protection Officer - United Nations Assistance Mission for Iraq WASH Technical Specialist, Save the Children FTR/ACE (Family Tracing and Reunification), Save […]
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 […]