US defense giant Boeing has been awarded a $39,662,335 cost-plus-fixed-fee foreign military sales (Iraq) contract to acquire engineering and technical services necessary to support the Avenger short-range air defense system. One bid was solicited and one bid received. Work locations and funding will be determined with each order, with an estimated completion date of May […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Ramadan in Iraq:
By John Lee. WesternZagros Resources has announced that the operator has completed the installation of surface equipment to expand the Sarqala production facility. Current production for the Sarqala-1 well is approximately 9,500 barrels per day of oil, which is in line with the company's first quarter guidance expectations. (Source: WesternZagros)
Enabling children to grow, develop skills and remain safe “Every day on my way home from school, my friends and I spend our afternoon playing at the playground,” said Mahdi, 11, from Al Nashwa sub-district of Basra, South of Iraq. In 2015, and under the UNDP-Shell Partnership, four playgrounds were constructed between Basra’s sub-districts of […]
By John Lee. An US man has pleaded guilty to stealing more than $8 million from a Turkish investor, U.S. Attorney Tom Beall said. Nagy Shehata, 57, Olathe, Kansas, pleaded guilty to one count of conspiracy to commit wire fraud. In his plea, he admitted the crime occurred while he was president of Premier Investment […]
By John Lee. Asharq Al-Awsat reports that armed groups from the Islamic State group (IS, ISIL, ISIS, Daesh) and al-Qaeda have held meetings to establish a new terrorist organization in Iraq. A senior police official in Kirkuk province told the news organization that he believed Arab and foreign militants will be part of the new […]
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan faces many Obstacles to Independence Referendum Iraq's Kurdistan Regional Government (KRG) announced May 24 that it had formally informed the United Nations Security Council of its intention […]
By John Lee. The United Nations has advertised new positions in Iraq: Liaison Advisor, World Vision UN Women - Operations Manager, United Nations Development Programme (UNDP) Assistant Procurement Officer, United Nations Assistance Mission for Iraq (UNAMI) National Consultant, United Nations Assistance Mission for Iraq (UNAMI) CCCM Assistant - Database, Norwegian Refugee Council (NRC) CCCM Team Leader- […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Research and Advocacy Coordinator (Cash Consortium of Iraq), Oxfam Emergency Team Leader (Mobile Team Leader), Oxfam Finance Coordinator, Action contre la Faim (ACF International) Finance & Human Resources Manager, Action contre la Faim (ACF International) Logistics Manager, Action contre la Faim (ACF […]
Mosul: UN receives reports of mass killings of fleeing civilians by ISIL Credible reports indicate that more than 231 civilians attempting to flee western Mosul have been killed since 26 May, including at least 204 over three days last week alone. The UN Human Rights Office has been documenting ISIL’s use of civilians as human […]
By John Lee. Chinese engineering company Norinco International has reportedly signed a contract with Jabal Bazian Co for General Trading [Jabal Jaber Bazian Company for General Trading] for the construction of a new cement plant in Iraq. The $445-million contract covers the plant's production line design, purchasing, construction management, operational work as well as administration […]
By John Lee. The Kurdistan Region of Iraq is to hold a referendum on independence on 25th September. According to BBC News, there was no immediate comment from Iraq's central government, but it has urged Kurds not to hold a referendum. Moves towards outright independence have historically been opposed by the governments of neighbouring Iran, […]
