By John Lee. Iraq's National Investment Commission (NIC) has included several road projects in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Rehabilitation and development of the existing roads Construction of highways next to the existing […]
By John Lee. US-based General Dynamics, which produces Abrams tanks, has reportedly suspended its maintenance program in Iraq after one of its tanks was provided to the Iranian-backed Hashd al-Shaabi Popular Mobilization Force (PMF). Iraq's al-Ghad Press has reports that the company withdrew from its base at Baghdad’s al-Muthanna airport after finding out that Iraq […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th Jan 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD791 (+0.7%) / $822 (+1.5%) (weekly change) (-2.5% and -1.7% YTD change, respectively). The number of week traded […]
By John Lee. The United Nations has advertised new positions in Iraq: Child Protection and Education Project Manager, Terre des hommes Lead Election Observation Specialist, Creative Associates International Deputy Country Director, Mines Advisory Group (MAG) Programme Officer, Mines Advisory Group (MAG) Logistics and Procurement Coordinator, Norwegian Refugee Council (NRC) Senior Nurse, United Nations Assistance Mission […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Technical Assistant - European Community Humanitarian Office (ECHO) Monitoring & Evaluation Technical Officer, Norwegian Refugee Council (NRC) Pharmacist referent, Médicos del Mundo Programme Coordinator (Sustainable Livelihoods), International Organization for Migration (IOM) (Source: UN)
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 […]
By John Lee. Iraq's National Investment Commission (NIC) has included two airport projects in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Rehabilitation and development of Mosul International Airport. Estimated cost before 2014: 120 billion Iraqi […]
Iraq will rely on a newly formed state oil company to develop the Nassiriya oil field, leaving only the nearby refinery project for investors, ending more than six years of pitching the two as a combined mega-project, according to Iraq Oil Report. Most recently, Iraq had been in direct negotiations with PetroChina and the China […]
The National Iranian Drilling Company (NIDC) is planning to participate in neighboring Iraq‘s drilling tenders. Speaking to reported on the sidelines of an oil show in Kish Island, on Tuesday, Sepehr Sepehri, NIDC managing director, said the company’s approach is to secure itself a toehold in global markets, adding NIDC is planning to participate in […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Kamal al-Ayash. In Anbar, Security Forces Hang Onto Private Homes They Requisitioned During fighting against the Islamic State group, it was necessary for security forces to occupy private property […]
By John Lee. Prime Minister Haider al-Abadi has said Iraq needs up to $100 billion to fix crumbling infrastructure, according to a report from Reuters. Calling on foreign investors to help it rebuild the country following the defeat of the Islamic State group (IS, ISIS, ISIL, Daesh, he told the World Economic Forum (WEF) in […]
By John Lee. Iraq's Ministry of Electricity has reportedly awarded a contract to Japan's Mitsubishi Hitachi Power Systems (MHPS) to refurbish the Unit 1 of the Hartha thermal power station (pictured) in Basra province. According to Energy Business Review, the power station is claimed to account for approximately 25 percent of Basra's total power generation […]
