Gulf Keystone appoints New Non-Executive Director
Gulf Keystone Petroleum (GKP) has announced the appointment of Jacobus ("Jaap") Huijskes as a Non-Executive Director with immediate effect. Jaap Huijskes was most recently a Director at OMV, the Austrian integrated oil and gas company listed on the Vienna Stock Exchange. While at OMV, he was responsible for Exploration and Production (E&P) and oversaw the […]
Saudi Bottler to Open New Plant in Iraq
By John Lee. A Saudi-based bottling company is reported to be planning to open a new factory in Iraq next year. According to The National, Aujan Coca-Cola Beverages Company (ACCBC), a subsidiary of Aujan Group Holding, will invest up to 250 million Saudi riyals ($67 million) over the next two years, creating for more than […]
"Unprecedented Upsurge" in Iraqis seeking Second Citizenship
By John Lee. The escalating tensions between Baghdad and Erbil have triggered an unprecedented upsurge in applications from wealthy Iraqi nationals for second citizenship programs. Data collected by Savory & Partners, one of the largest companies in the Middle East that provides citizenship-by-investment programs, shows that compared to the same quarter last year, interest has […]
New Helipad at Al-Rasheed Hotel
By John Lee. Al-Burhan Airways has opened a new helipad at Al-Rasheed Hotel in Baghdad. A spokesman for the company told Iraq Business News that it's planning to use the new facility to serve the sponsors of Frontier Exchange's Iraq Banking & Investment Summit, being held on 2nd and 3rd of December, by providing a […]
Mobile Health Teams reach People in Newly Liberated Areas
For more than 3 years, the people of Hawiija [Hawijah] district in Kirkuk governorate, were cut off from lifesaving health care and immunization services, leaving many children susceptible to vaccine-preventable diseases. “For years, I worried that my children may contract polio and measles or die,” said Hadija, a 32-year-old mother of 3. In September 2017, […]
Jereh Enters Iraqi Oil Market with Integrated Solutions
Advertising Feature Basra Oil, Gas & Infrastructure is held under the high patronage of the Basra Governorate, the Basra Council and Iraq’s Basra Oil Company from October 30 to 31 in Beirut, Lebanon. Government officials, project stakeholders and buyers and suppliers attend to explore the expanding energy projects in the South of Iraq. Jereh Group made […]
#GivingTuesday: Help Iraq's Street Children
On Tuesday, the Iraqi Children Foundation (ICF) competes with other charities for a share of $75,000 in bonus funds. The more you give, the more bonus funds we earn for Iraqi orphans, street kids, and children displaced by conflict. EXTRA BONUS: New monthly donors are eligible for a 1-month match. Sign up for $10, $25, $50, $100 - up […]
Japanese Company considers Gas Pipeline and Petchem Plant
By John Lee. Iraq has reportedly contracted Japan’s Toyo Engineering to help build a gas pipeline to Kuwait and a petrochemical plant as Baghdad. According to a report from Reuters, the move will help Iraq to reduce flaring and finish paying the reparations owed to Kuwait for the invasion in 1990. The project would allow […]
Evaluating Darbandikhan and Dokan Dams following Earthquake
A joint team from the World Bank and the Ministry of Water Resources visited Sulaimaniyah Province to assess the impact of the recent earthquake that hit the Iraq-Iran border on the Darbandikhan and Dokan [Dukan] Dams. Both dams are very strategic. They were built in 1961 for flood control, irrigation, drinking water supply and later […]
Restrata awarded Licence for GPS Tracking Systems in Iraq
By John Lee. Restrata has been awarded a National Communications and Media Commission (CMC) licence to sell and maintain GPS tracking systems in Iraq. The CMC Licence for GPS Tracking is an Iraq Government mandate and is being enforced locally through inspection teams running compliance checks on both vendors of GPS tracking systems, and their […]
Investment Opportunity: State Company for Steel Industries
By John Lee. Iraq's State Company for Steel Industries, which is owned by the Ministry of Industry and Minerals, has announced an investment opportunities to participate in the management and production of the following projects in accordance with the requirements fixed in the investment profiles: Sandwich Panel production Built-up sections and bridge girders production Metal […]
Iraq steps up efforts to Stop Smuggling of Rare Species
By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq's Ministry of Health and Environment released 20 falcons back into the wild Nov. 17. The falcons had been smuggled earlier in the month to Kuwait, which returned them to Iraq. This […]