By John Lee. KRG Prime Minister Masrour Barzani has said that, while the KRG's financial reforms project is still in its preliminary stages, its ultimate goal is to digitise the public sector's payroll, benefiting 1.2 million civil servants. Additionally, the project aims to involve the private sector to ensure accessibility and convenience for everyone in […]
By John Lee. Gulf Keystone Petroleum (GKP) provided an operational and corporate update on Friday. Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "Gulf Keystone entered 2023 following a year of strong operational and financial performance and continued delivery against the Company's disciplined strategy of investing in profitable production growth, sustainable shareholder returns and […]
By Hamdi Malik and Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Three New Facade Groups Launched in Iraq Efforts are being made to create new brands for anti-U.S. resistance on Iraqi soil, while […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. UK 'extremely supportive' of KRG digitalization process: Diplomat The United Kingdom is assisting in the Kurdistan Regional Government's (KRG) digitalization strategy and is "extremely supportive" of its transformation into a digital government, one of […]
By John Lee. Texas-based oilfield services company ADS Services has signed a partnership contract and joint submission agreement with the Iraqi Drilling Company (IDC) to provide oil services. According ot a press release, the collaboration will focus on introducing and integrating dynamic pressure control systems on IDC's fleet of drilling rigs. Charles Orbell, CEO of […]
By John Lee. Baher Alshamal Co. Ltd. has won a new contract with the United Nations Assistance Mission for Iraq (UNAMI) for the construction of a "Woman Shelter" in Ramadi, Anbar. The contract is valued at $217,000. (Source: UNGM)
By John Lee. The United Nations Development Programme (UNDP) has published an article on the Al-Hayane Farm in Iraqi Kurdistan, which is using hydroponic techniques to grow fruit and vegetables using less water than conventional farming methods. Full story here. (Source: UNDP)
By John Lee. Iraqi Prime Minister, Mohammed Shia Al-Sudani, met with a delegation from the Iraqi-American Business Council on Wednesday, led by the council's president, Steve Lutes, Deputy Vice President of the US Chamber of Commerce for Middle East Affairs. During the meeting, Prime Minister Al-Sudani stated that Iraq is qualified to be an attractive […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. China Deepens Influence In Iraq With Oil-For-Infrastructure Deals A series of meetings occurred last week between senior members of the Iraqi and Chinese governments aimed at broadening and deepening the […]
By John Lee. The Kurdistan Regional Government (KRG) has taken a step towards reducing the environmental impact of waste gas and harnessing it to generate electricity from oil wells. One notable achievement is the Garmian power plant, a 165 MW station that utilises flare gas recovery from the Hasira oil wells to produce electricity. Completed […]
By John Lee. Loloat Al-Magad For General Trading & Contracting Co Ltd. has won a new contract with the United Nations Assistance Mission for Iraq (UNAMI) for the renovation and construction of "New Vehicle Workshops and Car Wash Bay at UNAMI Transport Workshop, International Zone, Baghdad". The contract is valued at $182,997. (Source: UNGM)
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Iraqi debt payment to Iran highlights Iran-Saudi-US dynamics Iraq's clearing of part of its debts to Iran has given rise to speculations of a US green light for direct transfers to […]
