Tag Archives | featured

Former Defense Ministry Official Jailed for Corruption

By John Lee. A former deputy general secretary at Iraq’s Ministry of Defense has reportedly been sentenced to six years in prison corruption. According to Rudaw, Ziad al-Qattan was conviced in relation to three contracts to supply the Ministry with light weaponry and military equipment. He held the position during the Iraqi Transitional Government of […]

Production Restarted at Baiji Refinery

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] announced on Sunday the full rehabilitation of the Salahaddin-2 unit at Baiji oil refinery. The refinery was shut down in 2014 due to the actions of the Islamic State group (IS, ISIS, ISIL, Daesh). The Salahaddin-2 unit has a capacity of 70,000 barrels per day […]

Record Profits at Gulf Keystone

Gulf Keystone Petroleum (GKP) has announced its results for the half year ended 30 June 2018. Highlights to 30 June 2018 and post reporting period Operational Gulf Keystone's operations in the Kurdistan Region of Iraq remained safe and secure throughout H1 2018 with plant uptime at Production Facility 1 ("PF-1") and Production Facility 2 ("PF-2") […]

Video: Iran claims Missile Attack on Kurdish Rebels in Iraq

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iran's Revolutionary Guards Corps (IRGC) confirmed on Sunday that it had launched deadly missile attacks against Kurdish rebels in northern Iraq a day earlier. Rockets struck the headquarters of two Iranian Kurdish opposition […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: National Professional Officer, WHO - World Health Organization Mechanical Technician/Operator, Mines Advisory Group (MAG) National Consultant - Mosul Dam, UNDP - United Nations Development Programme EA$E Technical Manager, International Medical Corps MHPSS Technical Specialist, International Medical Corps Roving Logistics Manager, International Medical Corps Security […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Fachkraft (m/w/d) für den Zivilen Friendesdienst (ZFD) als Trainer, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Appraisal Monitoring and Evaluation Intern, Agency for Technical Cooperation and Development (ACTED) Project Development Manager, Agency for Technical Cooperation and Development (ACTED) Financial Coordinator, Première Urgence Internationale […]

SNC-Lavalin awarded West Qurna 2 Contract

Canadian-based SNC-Lavalin (TSX:SNC) has announce that it has been awarded a framework agreement for project support services with LUKOIL Mid-East for the West Qurna phase 2 oil field in Iraq. Christian Brown (pictured), President, Oil & Gas, SNC-Lavalin, said: “We continue to build on our long-term relationship with LUKOIL and to help them realize their […]

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

Video: Situation in Basra, day after Iran Consulate Torched

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Scenes of the streets of Iraq’s southern city of Basra, one day after demonstrators torched the Iranian consulate. Basra has seen a surge in protests over the lack of public services since Tuesday. View […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th Sept 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD717 (-2.4%) / $766 (-2.4%) (weekly change) (-11.6% and -8.3% YTD change, respectively). The number of week traded […]