By Joe Snell for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. New Iraqi committee to build nuclear reactors, combat electricity woes Iraq's Prime Minister Mustafa al-Kadhimi ordered on Sept. 24 the formation of a committee tasked with overseeing the building of […]
By John Lee. The Turkish Civil Aviation Authority has reportedly suspend flights between Turkey and Iraq from Saturday 3rd October. According to Shafaaq news agency, the decision was made to prevent the spread of coronavirus (covid-19). (Source: Shafaaq)
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Kadhimi follows through on promises to reform Iraq's security sector Since he took office in May, Iraqi Prime Minister Mustafa al-Kadhimi has made a series of changes in senior […]
By John Lee. Yesterday (Thursday), the South Refineries Company (SRC) and Iraq's Ministry of Oil (MOO) signed the contract with Japan's JGC Corporation to start construction of a new Fluid Catalytic Cracking (FCC) Complex at Basrah Refinery. The project is funded by the Japan International Cooperation Agency (JICA)'s ODA (Official Development Assistance) loan project. The […]
By John Lee. Iraq's Ministry of Oil has announced initial oil exports for September of 78,388,619 barrels, giving an average for the month of 2.613 million barrels per day (bpd), slightly up from the 2.597 million bpd exported in August. These exports from the oilfields in central and southern Iraq amounted to 75,000,000 barrels, while […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st Oct 2020). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD662 (+0.5%) / $693 (+0.5%) (weekly change) (+0.4% and -1.2% YTD change, respectively). The number of week traded […]
The Iraq Britain Business Council (IBBC) hosted a virtual conference chaired by Prof. Mohammed Al-Uzri to inaugurate its newly launched network of Iraqi Alumni of UK universities. The conference was opened by Baroness Nicholson. The guest speaker, Dr. Hamid Ahmed, Deputy Minister of Iraq's Ministry of Higher Education and Scientific Research, confirmed the ministry's strong […]
Lockheed Martin Rotary and Mission Systems has been awarded a $19,294,391 cost-plus-fixed-fee contract for Iraq Integrated Air Defense System contractor logistics support (CLS). The contract provides for follow on CLS sustainment support to include subject matter expert support, engineering support, return and repair and in country assessment visits. Work will be performed in Iraq; and […]
Mr Haider Al Shamaa has been appointed as IBBC Member Representative in Iraq and to the IBBC Executive Committee. Mr Shamaa is the Chairman of the International Islamic Bank a long standing member and supporter of the IBBC. As the Member Representative of IBBC in Iraq he will lead our discussions with the Iraqi Chambers of […]
With support from the European Commission, UNICEF is supporting governorates and education ministries in developing their educational plans and modernizing data collection to improve the quality of learning in Iraq With financial backing from the European Commission and in partnership with UNESCO, UNICEF Iraq is supporting authorities at the governorate level to better plan their […]
By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi met on Monday with government officials to discuss steps to build a thousand new school buildings throughout Iraq. Mr. Al-Kadhimi said that, "education is the real weapon with which nations arm themselves, in addition to the health system". The Prime Minister was also briefed on ten models […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for August of 80,494,536 barrels, giving an average for the month of 2.597 million barrels per day (bpd), down from the 2.763 million bpd exported in July. These exports from the oilfields in central and southern Iraq amounted to 77,505,136 barrels, while exports […]
