UNICEF receives USD $1,4 million from the Government of Canada to support young people's transition to entrepreneurship and employment in Iraq The Government of Canada has contributed USD$1.4 million to UNICEF to support close to 1,500 young people in Iraq to generate educational and economic opportunities for inclusive development and participation for a 2-year period. […]
ShaMaran Petroleum has released its financial and operating results and related management's discussion and analysis (MD&A) for the three months and year ended December 31, 2021. Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented: "2021 has been a transformational year for ShaMaran. The Company generated the highest annual oil sales revenues in […]
Case Study Empowering girls through IT and Coding education in Iraq: an innovative learning pathway for secondary school girls in Shatt Al-Arab, Basra In the Middle East and Northern Africa (MENA) region, despite school enrolment is higher today both at primary and secondary levels than one decade ago, significant differences remain in the education opportunities […]
Once an ISIL Prison, today a safe space for young people; MOYS, UNFPA inaugurate Ramadi Youth Centre The Ministry of Youth and Sports, the Governorate of Anbar and UNFPA re-opened the Ramadi Youth Safe Space on 25 December. The Youth Safe Space serves as a place for girls and boys to receive life and leadership […]
A high-level meeting between the United Nations and international donors took place in Baghdad to discuss the United Nations' updated development strategy for Iraq. The meeting focused on the 2020-2024 United Nations Sustainable Development Cooperation Framework (UNSDCF), which was signed by the Government of Iraq in September. The UN was represented by the Deputy Special […]
The Governorate of Diwaniyah and UNFPA inaugurated today the first Women Protection Centre in the Governorate, with funding from Canada and Sweden. The Centre will offer psychosocial and legal assistance, medical counselling and protection for survivors of gender-based violence. Women and girls will be able to benefit from special programmes on empowerment, life skills and […]
Six new facilities providing basic services to 230,000 residents in western Anbar have officially opened thanks to a partnership between the United Nations Development Programme (UNDP) in Iraq, the Governorate of Anbar, and the international community. The facilities, completed under UNDP's Funding Facility for Stabilization (FFS), were inaugurated as part of a UNDP Iraq visit to Heet, Haditha, Anah, Rawa, Qaim and […]
By John Lee. ShaMaran Petroleum has announced that it has signed an agreement with a subsidiary of French major TotalEnergies S.E. to acquire its affiliate (TEPKRI Sarsang A/S) holding an 18% non-operated participating interest in the Sarsang Production Sharing Contract in the Kurdistan Region of Iraq for an initial consideration of USD 155 million plus […]
First Iraqi police officers successfully complete UNDP's e-learning courses "This is the most valuable and scientific learning and training course I have ever had in my career as a police officer, in policing in general, and homicide investigating and e-learning in particular, thanks to a dedicated team of UNDP professionals and efficient trainers, for explaining […]
Protecting communities from COVID-19: Canada commits funds to tackle growing pandemic in Iraq The Government of Canada has contributed US$1.85 million (CAD 2.5 million) to support the Government of Iraq's response to the COVID-19 pandemic, in partnership with the United Nations Development Programme (UNDP) in Iraq. The funds will be directed toward two critical areas […]
Oryx Petroleum Corporation has announced that the Corporation's two largest shareholders have informed the Corporation that Zeg Oil and Gas Ltd. acquired control of the Corporation from AOG Upstream BV on July 23, 2020 in the context of the previously announced transaction. The acquisition was conditional upon and subsequent to the closing of the Loan […]
By John Lee. According to Bloomberg Law, a group of bondholders of Shamaran Petroleum has reportedly appointed restructuring specialists Akin Gump Strauss Hauer & Feld LLP to advise on ongoing debt talks. ShaMaran Petroleum said last week that that it continues to examine alternatives to address a breach of financial covenant and liquidity shortfall, and […]
