Dr Fouad Kadhim Shati Al Musawi, Deputy Minister, Iraq's Ministry of Higher Education and Science and Technology, and Mr Dazhu Yang, International Atomic Energy Agency (IAEA) Deputy Director General and Head of the Department of Technical Cooperation, have signed Iraq’s Country Programme Framework (CPF) for the period of 2018–2023 on 1 June 2017. The ceremony […]
By John Lee. KRG Prime Minister Nechirvan Barzani and his accompanying delegation have met with the head of Gazprom Neft, Alexander Dukov, in St Petersburg. Dukov briefed the Prime Minister about the company's work and activites of the region, while Barzani thanked him for his support for the region in difficult times. (Source: KRG)
Genel Energy announced on Friday that Ben Monaghan (pictured), Chief Financial Officer, has advised the Board of his intention to leave the company on 30 June 2017. The company said a search for a suitable replacement is ongoing and an announcement will be made in due course. Murat Ozgul, CEO of Genel, said: "Ben has […]
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi] has reportedly appointed a new Deputy Minister for upstream operations. Spokesman Asim Jihad told Reuters that Kareem Hattab [Kareem Hattab Jaafer] (pictured), who will oversee exploration and production, has previously served as director general of the state-owned Iraqi Oil Exploration Company. (Sources: Reuters, Iraq Oil Report)
A total of 354 Iraqi civilians were killed and another 470 injured in acts of terrorism, violence and armed conflict in Iraq in May 2017*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The number of civilians killed in May (not including police) was 345, while the number of […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Wednesday, conducting 30 strikes consisting of 51 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria In […]
Partnered forces in Syria and Iraq are continuing to make progress in defeating the Islamic State of Iraq and Syria, a Pentagon spokesman said today. Syrian Democratic Forces yesterday cleared more than 130 kilometers of terrain in the Raqqa valley and in the vicinity of Tabqa, Navy Capt. Jeff Davis told reporters. The SDF is […]
By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Residents of Iraqi Kurdistan stock up on spirits as Ramadan kicks off While Iraqi security forces were busy clearing the last pockets of Islamic State-controlled areas in Mosul and the wider public in Iraq was […]
Iranian Ambassador to Baghdad Iraj Masjedi and the Iraqi Minister of Culture Faryad Rawanduzi held talks on a range of issues, including ways to boost relations between the two neighbors in culture and tourism. In the meeting held in Baghdad on Tuesday, the Iraqi minister hailed the relationship between Tehran and Baghdad as deep-rooted and […]
The International Finance Corporation (IFC), a member of the World Bank Group, and its partners officially launched the first independent institute of directors in Iraq to promote principles of good corporate governance, boost transparency, and help attract more private investment. The Kurdistani Institute of Directors (KIoD) will be providing corporate governance services in Iraq and […]
Iraq has reporteldy made its first-ever purchase of US rice under the US–Iraq Memorandum of Understanding (MOU). According to the USA Rice Federation, this sale will help American rice exporters gain a foothold in the Iraqi market, and help prospects for new sales in the future. Iraq’s precedent-setting purchase of 30,000 MT of US long […]
Germany's MAN Diesel & Turbo has delivered six MAN 18V32/40 engines, including gensets and mechanical equipment, to its customer CGGC-UN Power Co Ltd. (China Gezhouba Group Cooperation) in Samawah, Iraq. CGGC is taking on the role of EPC contractor (engineering, procurement, construction) in the building of a 50 MW captive power plant for a cement […]
