TBI Vision reports that Middle East subscription video-on-demand service Icflix is being launched in Iraq through a partnership with mobile telco Asiacell. Both prepaid and postpaid Asiacell customers will be able to subscribe to the icflix library of content for a monthly fee of 10,000 IQD (US$8.56), a weekly fee of IQD4,000 or a daily […]
By John Lee. Bahrain’s largest lender has increased its stake in the Commercial Bank of Iraq, according to Gulf News. In a stock exchange statement, Ahli United Bank (AUB) said it had bought an additional 25 billion shares -- equivalent to 10 percent of the shares -- bringing its holding to 64.71 percent. (Source: GulfNews)
Japan's Marubeni-Itochu Steel has joined the Iraq Britain Business Council (IBBC). The company is a joint venture between Marubeni Corporation and Itochu Corporation, established in October 2010 when the two companies merged their respective steel divisions. Its Tubular Products Division, which operates under the name Marubeni-Itochu Tubulars, supplies tubular products for the energy sector; its […]
The Belarusian Universal Commodity Exchange (BUCE) recently held a meeting with a delegation from the Iraqi Businessmen Association (IBA). In the course of the talks, the representatives of Iraq’s production and trading companies learnt about BUCE main activities and principles as well as the advantages of leveraging the exchange mechanism to boost Belarus-Iraq bilateral trade. […]
Scotland-based casing and completion tool specialist Deep Casing Tools has continued its Middle East expansion with a successful deployment of its unique drillable turbine technology in Iraq. The company’s 7” Turbocaser Express™ high-speed reaming system was deployed recently for a client who had experienced previous liner running issues. The Turbocaser Express™ reamed through multiple problematic […]
The United Nations Development Programme (UNDP) and Toyota Iraq signed a flagship agreement today in Erbil to train and place hundreds of displaced people in jobs. This new partnership brings together one of the world’s leading car companies, Toyota, and UNDP, which is actively working to improve conditions for the more than 3.4 million Iraqis […]
Dubai-based Drake & Scull International PJSC (DSI) has announced that it has been awarded a AED 226 million ($61 million) engineering, procurement and construction (EPC) contract for the construction of a water injection network installation project at the Zubair oil field in Basra, Iraq by ENI Iraq B.V. (EIBV) a subsidiary of the Italian oil […]
EXOVERA, a wholly-owned subsidiary of SOS International LLC (SOSi), has been awarded a three-year contract by the U.S. State Department to monitor and analyze traditional and social media in support of the U.S. embassy in Baghdad, Iraq. SOSi established EXOVERA in 2012 as a commercial, cloud-based service that currently monitors 350,000 news and social media […]
eServGlobal and the Zain Group have been named as winners of a Global Telecoms Business Innovation Award for mobile money deployments in Jordan and Iraq. The Global Telecoms Business Innovation Awards recognise innovative projects in the global telecommunications industry, highlighting the collaboration and partnership between operators and vendors. The award winners were announced during a […]
Wyndham Hotel Group has announced plans for two new hotels in the Iraqi holy city of Najaf, in a deal announced with Bukhamseen Group For Real Estate, Tourism, General Trading & Contracting Company. Located just 800m from the Imam Ali Holy Shrine, the third holiest site for the estimated 200 million followers of the Shia […]
Cristal Group has entered into a management agreement with HARCO Erbil, represented by Mr. Mustafa Hariri, to operate the first Emerald Hotel in Erbil. It is the group's second property in Erbil and its third in Iraq. Making the announcement, Mr. Kamal Fakhoury, COO of Cristal Group, said: "Emerald is our Mid market brand and […]
By John Lee. Kirintec, a UK-based supplier of tactical equipment for anti-terror solutions in the security and defence industry, has announced that it is sponsoring the Ur Region Archaeological Project in Iraq, led by Dr Jane Moon. Founder and Managing Director Roy Peers-Smith commented: "We feel privileged to share the story so far and wait […]
