Kuwait Energy plans New Wells in Iraq
By John Lee. Kuwait Energy has said that by focusing on its Iraqi operations, it is protected against oil price fluctuations, allowing it to sustain growth and a strong balance sheet even under volatile market conditions. In its Financial Statement for 1st Half 2017, the company says: "Our finances reflect the continued growth in the […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th Sept 2017). Please click here to download a table of listed companies and their associated ticker codes. Note: ISX will be closed on Oct. 1, 2017 due to religious holiday, 10th Day of Muharram “Ashura”. The next trading session will be held […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Area Manager, World Vision National Humanitarian Affairs Officer, Office for the Coordination of Humanitarian Affairs (OCHA) Programme Specialist, United Nations Population Fund (UNFPA) Electrician, United Nations Assistance Mission for Iraq (UNAMI) Programme Analyst, Gender/GBV, Agency: UNFPA, United Nations Assistance Mission for Iraq (UNAMI) […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Consultancy, Researcher, Oxfam Berater Qudra Nord, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) ICLA Specialist, Norwegian Refugee Council (NRC) Protection Adviser, Norwegian Refugee Council (NRC) Emergency Response Team Leader, Relief International Protection Consultant, Relief International Sexual and Reproductive Health Trainer, Médecins du Monde […]
US Firm wins Drone Contract in Iraq
By John Lee. Insitu Inc., Bingen, Washington, has been awarded a $7,758,625 firm-fixed-price delivery order for the procurement of six ScanEagle unmanned aircraft systems, related support equipment, training, site activation, technical services, and data for the government of Iraq under the Foreign Military Sales program. Work will be performed in Baghdad, Iraq (67 percent); Bingen, […]
IMF Staff Concludes Visit on Iraq
The Iraqi authorities and the staff of the International Monetary Fund (IMF) held discussions in Amman from September 17 to 28, 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 […]
Social and Economic Integration of Iraqi Youth
Social and Economic Integration of Youth Key for a Better Future for Iraq A new project will promote the social and economic inclusion of about 3,000 conflict-affected Iraqi youth by facilitating their engagement in youth-led community development activities, peacebuilding initiatives and micro-entrepreneurship projects. The Project is financed by a US$2.75 million Grant provided by the […]
Iraqi Sentiment may be Softening toward Israel
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Citizens' Sentiment may be Softening toward Israel Some Iraqis are calling for closer relations with Israel, feeling a common bond of past persecution and a desire for […]
Military Strikes Target ISIS in Syria, Iraq
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 39 strikes consisting of 50 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition […]
Baghdad Suspends Int'l Flights to Erbil
By John Lee. Direct international flights will be suspended to and from Erbil International Airport (pictured) starting from Friday evening, following a decision by the Iraqi cabinet and Prime Minister Haider al-Abadi, an airline official has told Xinhua. The move follows the region's vote for independence in Monday's referendum. Airlines including Qatar Airways, EgyptAir and […]
Iraq to Invest in Joint Oil Projects with Iran
Iraqi Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has said an agreement will soon be signed with Iran to jointly invest in two oil fields shared between the two countries. Last month, Iraq’s Ambassador to Tehran, Rajih al-Mussawi, said his country was considering a plan to cooperate with Iran to develop the Azadegan oil […]
GovSource Wins $7.6m Iraqi Contract
GovSource Inc., of Reston, Virginia, has been awarded a $7,594,141 firm-fixed-price, foreign military sales (Iraq) contract for training, material and life support functions for Iraqi Special Operations Forces trainees at the King Abdullah II Special Operations Training Center in Amman, Jordan. Bids were solicited via the internet with one received. Work will be performed in […]