Tag Archives | featured

IS Bans Grain Exports

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Let Them Eat Bread: ISIS Extremists In Mosul Iraq Ban Grain Exports, Ensure Food Security The northern Iraqi province of Ninawa is one of the country's best producers of cereals […]

Basra Heavy Oil to Boost Exports

By John Lee. Oil Minister Adel Abdel Mahdi (pictured) has said that the new Basra Heavy crude oil grade will add an additional 100,000 bpd to oil exports this month. Reuters reports that the new grade has allowed Iraq to revive some fields that it had previously shut down to maintain the quality of its […]

Family-run UK Firm Wins first Iraq Order

A family-run UK company which makes window and door restrictors has won its first order in Iraq. Jackloc's products will be installed at the Sheraton Dohuk Hotel in Iraqi Kurdistan, which opened earlier this week. Director Emma Wells told Insider Media: "Securing this order in a new export market is very exciting for us. "We […]

UN Warns on Fraudulent Tender Documents

Statement from UNOPS on Fraudulent Procurement-Related Documents It has come to the attention of the United Nations Office for Project Services (UNOPS) that fraudulent procurement-related documents, such as solicitation documents and purchase orders, continue to besold in Iraq for purported UNOPS projects. We are aware that one such case is related to a purported project […]

KRG, Belarus sign MOU on IT

By John Lee. The Ministry of Higher Education and Scientific Research of the Kurdistan Regional Government signed a memorandum of understanding (MOU) with its counterpart in Belarus for technical training in the field of information technology. The agreement was signed during a recent visit to Belarus by a delegation headed by Samal Sardar, the KRG […]

Indian Refiners in Talks with SOMO

By John Lee. Indian state refiners Indian Oil Corporation and Hindustan Petroleum Corporation are holding talks with Iraq’s State Oil Marketing Organization (SOMO) to buy 4 million barrels of Basra light crude oil for India’s strategic petroleum reserves (SPRs). Bombay Stock Exchange had sought clarification from Hindustan Petroleum following press reports; Hindustan subsequently confirmed the […]

FM al-Jaafari on Trade Mission to Brazil

By John Lee. Foreign Minister Dr. Ibrahim al-Jaafari met Minister of State for Development, Industry and Foreign Trade of Brazil Armando Monteiro in his office in the Brazilian capital as part of a series of meetings during an official visit to promote relations in a number of areas. During the meeting the Minister pointed out […]

Latest Airstrikes Against ISIL

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. Wednesday and 8 a.m. Thursday, local time, noting that assessments of results […]

Video: UN Appeals for Urgent Aid

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The World Health Organisation (WHO) is warning that it's running out of money to help nearly 3 million Iraqis displaced by violence as the Islamic state of Iraq and the Levant (IS, ISIS, […]

Serco Awarded Contract Extension by ICAA

By John Lee. Serco, the UK-based international service company, has announced a 1 year contract extension with the Iraq Civil Aviation Authority (ICAA). The contract covers a full range of services including the continued development of Air Traffic Services and Academy Training at Baghdad International Airport. According to a statement from Serco, the partnership between […]

EU gives another €25m Aid to Iraq

The European Commission has just announced an extra €25 million in aid for the victims of the worsening humanitarian crisis in Iraq. The funding will help the internally displaced people, including those who recently fled the fighting in Ramadi, Anbar governorate, with water, food, sanitation, shelter, medical supplies and health care. Speaking today in Brussels […]

UK Seeks Head of Trade in Erbil

The British Consulate General Erbil has a vacancy for a Head of UK Trade & Investment (UKTI) C4 (L) position. Interested candidates should forward the following to [email protected]: An updated Curriculum Vitae. A fully completed Application Form. Please provide examples of performance in each competency on the summary section of the application form. A covering […]