Petrofac has secured a contract extension and a new award with a combined value of more than US$100 million for construction management, engineering, commissioning and start-up services for two International Oil Companies (IOCs) in Iraq. The company said today's announcement builds upon US$70 million of new awards in Iraq announced in April, giving the Group […]
EU and UNESCO organize High-Level Workshop on “Building a Roadmap for Effective Groundwater Management in Iraq” The European Union (EU) and UNESCO organized a high level meeting on “Building a Roadmap for Effective Groundwater Management in Iraq”, in the context of the EU-funded project entitled “Advanced hydrogeological survey of groundwater resources in Iraq phase 2 […]
Under the Patronage of Her Excellency the Minister of Health & Environment Dr Adeelah Hamoud Hussien, the Public Health Directorate (PHD) in collaboration with the World Health Organization (WHO), the United Nation Children’s’ Fund (UNICEF) and the United Nations Population Fund (UNFPA) launched on 20 July 2017 the National Reproductive, Maternal, Newborn, Child and Adolescent […]
On Tuesday 1 August, 2017, the Iraq Britain Business Council (IBBC) will hold its first networking event in Dubai. The event follows the appointment of Vikas Handa (pictured) as IBBC UAE representative. Vikas intends to host regular networking events in the UAE for IBBC members and companies that are interested in working in Iraq. Since […]
By John Lee. Kuwait's Wataniya Airways is to commence return flights to Najaf from 23rd August. According to ArabianBusiness, the route will be served by a newly-delivered Airbus A320. The airline was recently granted a licence to operate at Kuwait International Airport, following a six-year break from business due to financial difficulties. (Source: ArabianBusiness)
The UN Development Programme (UNDP) Country Office in Iraq has informed all potential construction firms/companies that starting 01 August 2017, all procurement processes will be conducted using the online e-tendering system, Electronic Tendering Platform. In a statement, UNDP says the initiative of e-tendering will allow it to further improve transparency and efficiency in the procurement […]
Iraqi forces now control all parts of Mosul, Iraq, while tough fighting against the Islamic State of Iraq and Syria continues in Raqqa, Syria, Pentagon spokesman Navy Capt. Jeff Davis told reporters here today. Since the height of ISIS's power in 2014, the coalition has retaken more than 70 percent of formerly ISIS-controlled territory in […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 27 strikes consisting of 29 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition […]
By John Lee. The largest container vessel to call at an Iraqi port has been unloaded at Gulftainer’s Iraq Container Terminal (ICT) earlier this month. According to TradeArabia, the YM Wealth, owned by Taiwan-based Yang Ming Marine Transport Corporation, discharged and loaded over 2,500 containers. The shipping line shows the 68,616-ton vessel as having been […]
Ranking diplomats from Iran and Iraq held two meetings of a joint political committee on Sunday to explore avenues for the expansion of ties between Tehran and Baghdad, particularly in the economic field. Iranian Deputy Foreign Minister for Arab and African Affairs Hossein Jaberi Ansari and Iraq’s Deputy Foreign Minister Nazar Khairallah co-chaired two separate […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Saturday, conducting 17 strikes consisting of 29 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]
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 […]
