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By John Lee. France is to send more military advisors to Iraq, in addition to sending a aircraft carrier to the region, as it steps up its fight against the Islamic State group (IS, ISIS, ISIL, Daesh). President Francois Hollande (pictured) said: "We will intensify the army's efforts to support the Iraqis as they try […]
By Simon Kent. Apparently concerned about the lethal pathogenic H5N1 strain of the bird flu virus, which has previously been reported in Iraq, the country has extended a ban on poultry imports. Previously French poultry product imports were banned in December, but in January the ban was extended to over 20 countries. Monday's ban on […]
By John Lee. Iran has reportedly signed an agreement with France's Total to develop the South Azadegan oil field, which is shares with Iraq. Iranian Oil Minister Bijan Zangeneh (pictured) is quoted as saying that both parties have agreed to keep the details of agreement confidential, adding that the French firm is now "studying its […]
By John Lee. Kurdistan's Qaiwan Group has secured two loans totalling $105 million to refinance part of the firm's investment in the 442-MW Bazian Power Plant (pictured). According to a report from Trade Arabia, Deutsche Bank has arranged an eight-year $75-million buyer credit, along with the Dubai branch of Lebanon's Bankmed. The finance is being […]
By John Lee. French oil company Total and Swiss oil-trading company Vitol have been fined for corruption by a French court in relation to Iraq’s oil-for-food program. According to Bloomberg, Total was guilty of corrupting foreign civil servants, and has been fined EUR 750,000, while Vitol has been fined EUR 300,000. Other corruption charges against Total […]
By John Lee. Iraq has banned the importion of frozen and live poultry products from two dozen countries. According to a report from Reuters, Baghdad restricted poultry imports from France last month, following a reported outbreak of H5N1 bird flu. The ban now extends to Bangladesh, Burkina Faso, Bhutan, China, Egypt, Ghana, Hong Kong, India, […]
Veolia Water Technologies has been selected by HDGSK Joint Venture to supply a Zero Liquid Discharge Evaporator and Crystallizer for the Karbala Refinery Project in Iraq. Veolia will engineer, procure and deliver a Zero Liquid Discharge system based on its proven HPD® Brine Evaporator and Brine Crystallizer technologies for calcium sulfate seeded slurry processes. Iraq's […]
During the ATC Global exhibition in Dubai, France's Thales announced that it has been awarded a contract to supply one Instrument landing system with distance measuring equipment (ILS/DME) and all related services for Najaf Al-Ashraf International Airport in Najaf. The city of Najaf, situated in southern Iraq is the site of the Imam Ali Shrine […]
By John Lee. A spokesman for Iraq's Ministry of Industry and Minerals has said that the ministry is about to finalise a partnership contract with French company Total to set up a giant petrochemical project in Basra province. Abdul Wahid al-Shammari made the comments following a visit by the company's representative in Baghdad. He said the […]
By John Lee. A meeting of the Iraqi cabinet on Tuesday authorised the Minister of Industry and Minerals to negotiate with the French company Lafarge concerning investment in the Karbala cement plant (pictured). The Minister will put the results of the negotiation to the Prime Minister for approval. (Source: Office of the Prime Minister)
By John Lee. Oil Minister Adel Abdel Mahdi [Adil Abd Al-Mahdi] met on Sunday with a delegation from the French oil company Total, lead by Mr. Pascal Carrier. The Minister confirmed that Iraq is keen to foster relations with companies such as Total, and aims to expand cooperation in the field of oil and energy […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Archbishop of Lyon Monseigneur Philippe Barbarin visited Erbil, Kurdistan region in northern Iraq, to participate in the opening ceremony of the Saint-Irénée school for Iraqi children who fled Mosul after IS militants took control […]
