TechnipFMC plc (NYSE: FTI) (Paris: FTI) has announced that its Board of Directors has unanimously approved its plan to separate into two industry-leading, independent, publicly traded companies: RemainCo, a fully-integrated technology and services provider, continuing to drive energy development; and SpinCo, a leading engineering and construction (E&C) player, poised to capitalize on the global energy […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Production of polymer joints – Al-Zawraa State Company Production of solar panels – Al-Zawraa State Company (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th August 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD628 (-1.0%) / $675 (-1.0%) (weekly change) (-4.8% and -4.9% YTD change, respectively). The number of week traded […]
UNAMI Urges Inclusion of Women in Politics and Decision-Making Deputy Special Representative of the UN Secretary General, Alice Walpole (pictured), has addressed the launch of a Regional Forum aimed at advancing women’s rights in Iraq and across the Middle Eastern region, with participants from Iraq, Algeria, Bahrain, Egypt, Jordan, Lebanon, Morocco, Palestine, Tunisia and Yemen. […]
By John Lee. A US military contractor has won a judgment estimated at $140 million against Iraq to reimburse it for unpaid invoices relating to work done for the Iraqi Ministry of Defense. Dale Stoffel, the President of Wye Oak Technology, was killed in mysterious circumstances fifteen years ago while attempting to recover the debt. […]
Government of Iraq contributes $33m for stabilization activities in historic agreement The Government of Iraq has today signed an historic agreement with the United Nations Development Program (UNDP), committing USD 33 million for stabilization activities across the country. Administered through UNDP’s Funding Facility for Stabilization (FFS), the contribution will be used to rehabilitate essential infrastructure […]
By John Lee. Petrofac has said that a fall in first-half order intake was partly due to an investigation into the oilfield services company’s dealings in Saudi Arabia and Iraq. In its results for the six months ended 30th June 2019, Petrofac's Group Chief Executive Ayman Asfari commented: "Petrofac has delivered good results that reflect […]
By John Lee. The United Nations has advertised new positions in Iraq: Head of Field Officer, WFP - World Food Programme National Resilience Officer, WFP - World Food Programme Technical Programme Specialist, UNOPS - United Nations Office for Project Services Berater Existenzgründung und Investitionsförderung, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Investigator, UNS-SPM UNITAD - United […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Associate Security Officer, UNAMI - United Nations Assistance Mission for Iraq Security Officer. UNAMI - United Nations Assistance Mission for Iraq Director of Finance and IT, Save the Children Field Security Officer, International Organization for Migration (IOM) Protection Coordinator, International Organization for […]
By John Lee. The Basrah Gas Company (BGC) and Shamara Holding have reportedly signed a contract under which Shamara will supply electricity to the Basra Natural Gas plant. According to The National, the contract will enable the plant to process by-product gas that would other wise be flared from the Rumaila, Zubair and West Qurna-1 […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Sponge iron factory in Basra – State Company for Iron and Steel (SCIS) (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
University College London (UCL)'s Research Grants Scheme has re-opened to applications. This final round of funding will offer funding of up to £30,000 for successful projects. Deadline 23:59 15 November 2019 The awards These awards support interdisciplinary research on themes relating to one or more of the Nahrein Network's five aims. The final call, with […]
