By John Lee. The Basra Gas Company (BGC) has signed a contract with the Lotus Women's Cultural Association to launch an empowerment project to train 300 female graduates. The "Tamkeen" project will train women in the areas of computers, English language and CV writing. Malcolm Mays, General Manager of Basra Gas Company, said that this […]
TotalEnergies, the Iraqi Ministries for oil and electricity, and the country's National Investment Commission (NIC) have signed, in the presence of the Prime Minister of Iraq, major agreements covering several projects in the Basra region, designed to enhance the development of Iraq's natural resources to improve the country's electricity supply. Iraq, a country rich in […]
Saudi Minister of Transport and Logistic Services and Chairman of the Transport General Authority Eng. Saleh bin Nasser Al-Jasser and Iraqi Minister of Transport Nasser Al-Shibli signed a cooperation agreement in the maritime transport field on behalf of their respective governments. The agreement is part of a series of actions that the Saudi-Iraqi Coordination Council […]
Five years since the liberation from ISIL, UNDP continues to work with the Government of Iraq to stabilize and rebuild critical infrastructure and services lost during the conflict. Implemented through the Funding Facility for Stabilization (FFS), over 95 percent of the work is contracted through the local private sector, which reduces costs, bolsters local economies […]
By John Lee. Iraqi courts have recently sentenced several people regarding corruption in office: The Central Criminal Court has issued two judgments six years in prison against Bahaa Alaa Abd and Ali Saleh Hadi, due to the offense of interference of the first person to appoint the second in the position of Director General of […]
Running Dry: water scarcity threatens lives and development in Iraq Nearly 3 out of 5 children in Iraq have no access to safely managed water services and less than half of all schools in the country have access to basic water risking children's health, nutrition, cognitive development, and future livelihoods. The MENA region is reported […]
By John Lee. An Iranian official has said that Iran's natural gas (methane) exports to Iraq have been reduced, but not because of arrears owed by Iraq. Mohammad Reza Julaei , the Dispatching Director of the National Iranian Gas Company (NIGC), told Shana that exports have been reduced by 38 million cubic meters per day; […]
By Bahrooz Jaafar, for the Begin-Sadat Center for Strategic Studies (BESA Center) at Bar-Ilan University. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Water Shortage Crisis in Iraq Thanks to the Tigris and Euphrates rivers, Iraq is one of the richest countries […]
By John Lee. The Kurdistan Regional Government (KRG) has issued a new 77-page guide for investors in the region. It lists opportunities in many sectors of the economy, along with useful data and background information. Click here to download the full report. (Source: KRG)
Iraq Britain Business Council (IBBC) member AA for Global Trading and Commercial Agencies has announced that it has started importing the products of Laboratoires Gilbert of France to Iraq, as per an agreement signed in 2020. Based in France's Normandy region, Laboratoires Gilbert manufactures and markets 30 brands and 1,900 references such as Physiodose, Physiolac, […]
By John Lee. Iraq is said to be interested in buying unmanned aerial vehicles (UAVs), attack helicopters and military hardware from Turkey. Defense Minister Juma Anad Saadoun is quoted as saying that Iraq has already reached agreement with Turkey to purchase Bayraktar TB2 drones, made by Turkey's Baykar Defence. According to Breaking Defense, any decision […]
By John Lee. Shares in Gulf Keystone Petroleum (GKP), a leading independent operator and producer in the Kurdistan Region of Iraq, were trading 12 percent higher today after the company announced its results for the half year ended 30 June 2021. Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "I am pleased to report […]
