By John Lee. The ride-hailing service Careem has reportedly launched its services in Baghdad. According to Saudi Gazette, the Dubai-based company plans to expand to other cities across Iraq in the near future. (Sources: Saudi Gazette, Arabian Business)
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has announced an agreement with an American company to invest in the flare gas associated with the Nahr Bin Umar oil field in Basra governorate. The Ministry names the company as "Oren", but Iraq Oil Report identifies it as the Houston-based Orion Gas Processors. A […]
Swiss-based Mövenpick has signed a deal to manage a five-star, 152-key hotel in Basra, Iraq"s economic capital and a regional oil and gas hub. The Mövenpick Hotel Basra is scheduled to open in the first quarter of 2018. Located in the center of Basra, within the commercial district of Al Baradi'yah and 25km west of […]
The Iraq Britain Business Council (IBBC) has announced that one of Iraq’s most significant companies, Albilal Group, has joined the trade organization. Not only is Albilal a major EPC to many IOCs in Iraq, but also to the ministries of Electricity, Oil & Gas, Water and Infrastructure. ABG was established since 1993 with main offices in Iraq […]
By John Lee. Fly Baghdad's Chief Executive Ali al-Hamdany has told Reuters that the budget airline plans to start flights to Europe and India next year, and is planning a stock market listing in 2020. It will also start flights to Ankara and Beirut in the coming weeks. It currently operates two Boeing 149-seat 737-700 jets […]
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 […]
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 […]
By John Lee. Sources have told Reuters that China's state-run Zhenhua Oil will supply diesel (500 parts per million (ppm) sulphur) to Iraq's State Oil Marketing Organization (SOMO) through a term contract for the first time. It will supply 600,000 tonnes of the 2.37 million tonnes sought by SOMO in a tender for delivery in […]
Agility has opened a state-of the-art training facility, known as the Center of Excellence, at the Rumaila Energy Park in southern Iraq. In partnership with Strategic Analytics Team (SAT), the Center of Excellence offers training courses for the local workforce in the oil and gas industry, led by internationally accredited trainers. Training covers a wide […]
By John Lee. Saudi Arabian budget airline Flynas is reported to be planning to start services to several Iraqi cities in the coming weeks. If the plan goes ahead, it would be the first service between the two countries since Saddam Hussein invaded Kuwait in 1990. (Source: Middle East Eye)
Finland's Nokia will modernize and expand Zain Iraq's radio networks with its most advanced technologies across Karbala, Najaf and Basra, with a special focus on the holy cities of Karbala and Najaf, to support the expected increase in data and voice traffic during Zeyara as millions of people converge on the region. Zeyara is an […]
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 […]
