By John Lee. Standard Chartered Bank has appointed Andreas Meletiou as its Chief Executive Officer for Iraq. Meletiou will split his time between Dubai and Baghdad, and has replaced Gavin Wishart, who has reportedly left the bank. The new CEO previously worked on developing the bank's strategy for entering Iraq in 2013, and was regional […]
Kurdistan Region Council of Ministers on Tuesday held its ordinary meeting, chaired by Prime Minister, Nechirvan Barzani and attended by Deputy Prime Minister, Qubad Talabani. Prime Minister Barzani shed light on the latest developments in the relations between Kurdistan Regional Government, KRG, and the Iraqi Federal Government, highlighting the differences between the two sides over […]
By John Lee. The Ambassador of Belarus to Turkey and Iraq (non-resident), Andrei Savinykh, is paying a working visit to Baghdad this week. On 1 July he held meetings with Iraqi Minister of Health, Adila Hammoud Hussein, and with the Iraqi Foreign Ministry. During the meeting with Adila Hammoud Hussein the parties discussed the possibility […]
By John Lee. Iraq has joined more than 30 countries in banning poultry imports from the United States because of bird flu, following the worst outbreak of avian influenza in US history. Bloomberg reports that the ban, announced on Wednesday, is to last for three months. Figures from the US Department of Agriculture (USDA) show […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the latest strikes, which took place between 8 a.m. Tuesday and 8 a.m. Wednesday, local time, noting that assessments of results […]
June oil exports from Iraq hit a record average of 3.187 million bpd, up from 3.145 million bpd in May. An average of 3.02 million bpd was exported from the Southern terminals (up from 2.69 million bpd in May), with exports via Ceyhan averaging just 164,700 bpd (down from 451,000 bpd in May). Southern exports were helped by the splitting of output […]
By John Lee. Lockheed Martin has been awarded an $119,200,000 cost-plus-fixed-fee, undefinitized contract action for contractor logistics support (CLS) for the Iraq F-16 program. The work will be performed at Balad Air Base, Iraq, with ongoing CLS support activity in Tucson, Arizona; Fort Worth, Texas; and Greenville, South Carolina, and is expected to be complete by […]
By John Lee. According to a report from TR Zawya, Iraq is planning to issue a total of $11 billion (13 trillion Iraqi dinars) in bonds in the next two months to cover the state budget deficit. Acting central bank governor Ali Al-Allaq told the news agency that the government would issue around $5 billion in domestic bonds […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the latest strikes, which took place between 8 a.m. Monday and 8 a.m. Tuesday, local time, noting that assessments of results […]
According to casualty figures released today by UNAMI, a total of 1,466 Iraqis were killed and another 1,687 were injured in acts of terrorism, violence and armed conflict in June 2015*. The number of civilians killed was 665 (including 94 civilian police and 136 in Anbar), and the number of civilians injured was 1,032 (including […]
By John Lee. China's Anton Oilfield Services Group (Antonoil) has announced that it has won a bid for what it describes as "the provision of three well's workover and other services in middle Iraq". As the chief contractor for the project operated by an international oil company, Anton is commissioned to provide a series of […]
By John Lee. The Acting Governor of the Central Bank of Iraq (CBI), Ali Al-Allaq, has told TR Zawya that foreign reserves currently stand at $68 billion, while the dinar monetary supply is IQD 40 trillion. "At the daily auction of the central bank, we sell about USD 150 million," he said, "which is more than the USD […]
