Iraq Britain Business Council welcomes 3 New Members
By John Lee. The Iraq Britain Business Council (IBBC) has welcomed three new members, bringing its membership to 59 companies. Menzies Aviation: An independent, time-critical logistics specialist serving the airline industry to the highest standards. At more than 200 airport locations across 6 continents, Menzies offer landside and airside services tailored to customers’ needs; timed […]
Iraq Resumes Bid for Full WTO Membership
At an informal meeting of the Working Party on the Accession of Iraq held on 17 November 2017, WTO members welcomed Iraq’s stated determination to resume its WTO accession process after nine years of dormancy. The meeting further provided the opportunity for the government of Iraq and members to exchange views on next steps for […]
KRG PM Barzani holds Talks with Kurdistan Political Parties
Prime Minister Nechirvan Barzani continued consultations with Kurdistan political parties to support unity and solidarity. Accompanied by Deputy Prime Minister Qubad Talabani and a number of KRG senior officials, they visited Suleimaniya and met with the leaderships of the Change (Gorran) Movement, Patriotic Union of Kurdistan (PUK), and the Kurdistan Democratic Socialist Party. Prime Minister Barzani and the […]
UN: Daesh "Down but Not Out" in Iraq
ISIL ‘down but not out’ in Iraq; UN envoy urges efforts to defeat group’s extremist ideology The military victory against the Islamic State in Iraq and the Levant (ISIL/Da’esh) is only one component of a complex battle that addresses the root causes of extremist ideology, the United Nations envoy for Iraq said Wednesday. “Da’esh remains […]
BP, Eni "interested in Majnoon Oilfield"
By John Lee. Reuters has reported that both BP and Eni have expressed an interest in developing the giant Majnoon oilfield, which Shell plans to exit next year. Iraqi oil officials told the news agency that Iraq's Ministry of Oil has not yet started negotiations with either company. BP is currently developing the Rumaila field, […]
BHGE to supply Generators for Halfaya Oilfield
Baker Hughes, a GE company, has signed an agreement for the provision of turbine generators to PetroChina International Iraq, in the biggest Turbomachinery & Process Solutions (TPS) agreement ever between the two companies. BHGE will deliver its Frame 6B gas turbine electric generator trains to support power generation for the Halfaya oilfield located in the […]
AISSOT first Crude Oil Shipment from Iraq
Following from the recent launch of its new Iraq-based bunkering operation, Al Iraqia Shipping Services and Oil Trading (AISSOT) has announced its first shipment of crude oil from Iraq. The company said it shipped its first 2 million bbl of crude oil on their very large crude carrier MT Basra (pictured) on November 18, "successfully […]
Statement from IMF Mission on Iraq
The Iraqi authorities and the staff of the International Monetary Fund (IMF) continued discussions in Amman from November 17 to 21, 2017 on the third review of Iraq’s 36-month Stand-By Arrangement (SBA). The IMF Executive Board approved the SBA on July 7, 2016 (See Press Release No. 16/321), and completed the second review on August […]
Last IS-held Iraqi Town Retaken
By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. After a week of long hauls through threatening desert terrain and villages to take up positions, Iraqi troops and local fighters on Nov. 17 captured Rawa, the last urban […]
Jordan to Spearhead Syria, Iraq Reconstruction
By John Lee. Jordan's Minister of Industry, Trade and Supply, Ya’rub al-Qudah (pictured), has reportedly signed an agreement with a leading American company and a number of international firms to build an airport and a major logistics center to facilitate reconstruction for Syria and Iraq. According to Al Arabiya, the new facility will be built in […]
Human Rights Training for Teachers in Kurdistan
The United Nations Assistance Mission for Iraq (UNAMI) Human Rights Office (HRO) in cooperation with the Ministry of Education in Kurdistan Region of Iraq organized a four-day training course in Erbil for 23 teacher, including 9 females, during 13 – 16 November on human rights education. This was the second in a series of courses […]
Authorities Clamp Down on Sectarian Hate Speech
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. The Iraqi government, headed by Prime Minister Haider al-Abadi, is seeking to penalize people for the hate speech prevalent in Iraqi society by arresting anyone who expresses such ideas or promotes […]