From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Corruption, attacks, the battle against ISIL, a fragile economy, and political chaos--just some of the challenges facing Iraq. After weeks of protests calling for better government services and an end to corruption. Prime […]
By John Lee. Paolo Scaroni, the CEO of Italian oil and gas company Eni, spoke out on Wednesday to complain about the difficulties of doing business in Iraq. "Our adrenaline rush now is not what it was when we entered Iraq", he said ,"[it's] more complex than we first thought." On one hand, we could […]
Premier Nouri Al-Maliki announced on Sunday that the number of ministries has become a real burden on the work of the state. "This fact appeared after the 100-day period", he said in a letter sent to parliament. Al-Maliki proposed a two-stage procedure, the first of which will see 29 ministries retained. "So, as a result, […]
Iraq’s oil minister, Hussain al-Shahristani, has addressed some of the complaints by oil majors about bureaucracy hampering their efforts to bring staff and equipment into the country, according to a report from Reuters. Getting visas for oil industry professionals entering Iraq to work on oilfield development contracts ranks as a major hassle facing oil companies […]
