Training Program for Iraqi Business Journalists Reporting on their Country's Economy Business Journalists 4Change, a program to help Iraqi business journalists to report on economic reform initiatives in their country, calls for applicants who wish to report on solutions to economic problems. The application deadline is August 21st, with interviews to be held between August […]
By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Among the items agreed was a decision to exempt Basra Governorate from the instructions covering government contracts for the purposes of the 2025 Arabian Gulf Cup Football Championships, which will be hosted in Basra. Concerns […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th August 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD889 (-3.0%) / $774 (-3.0%) (weekly change) (-3.2% and -3.8% YTD change, respectively). The number of week traded […]
By John Lee. Pertamina, the Indonesian state-owned energy company, will reportedly buy an additional 10 percent stake in the West Qurna 1 oilfield from ExxonMobil. The Deputy Director-General of the Basra Oil Company (BOC), Hassan Muhammad Hassan, told the official Iraqi News Agency (INA) that the agrreement, "is subject to the signing of the settlement […]
By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Cabinet approved the recommendations of the Security Assessment Committee on the Iraqi-Turkish borders, which include providing funds in the sum of 30 billion dinars [$20.5 million], according to the text in the emergency security […]
By John Lee. Iraq's Minister of Industry and Minerals, Mr. Manhal Aziz Al-Khabbaz, has opened the Dandan water project in Mosul. The project is affiliated with the textile factory in the city, which is run by the General Company for Textile and Leather Industries, and which was completely destroyed during the operations to liberate Mosul […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for July of 102,385,049 barrels, giving an average for the month of 3.303 million barrels per day (bpd), down from the 3.373 million bpd exported in June. The exports from the oilfields in central and southern Iraq amounted to approximately 99,965,094 barrels, while […]
By John Lee. Shares in Genel Energy were trading down around 5 percent on Tuesday morning, despite significant increases in revenue and profit announceed in its unaudited results for the six months ended 30 June 2022. Paul Weir, Interim Chief Executive of Genel, said: "Our cash generation in the first half of the year has […]
Denmark contributes up to $7.5m to Iraq's transition to stability, security and recovery Denmark has reconfirmed its commitment to strengthening Security Sector Reform in Iraq by in 2022 providing approximately $US 1.6 million to the United Nations Development Programme (UNDP) in Iraq. In total, Denmark plans to contribute up to $US 7.5 million until 2025. […]
By John Lee. A company named as 'Pedagogy' has won a new contract with the United Nations Educational, Scientific and Cultural Organization (UNESCO), for "Conversion of Curricula for Grades 5 and 6 (hard copy textbooks + Videos) into Interactive E-books." The project aims to convert the national curricula (Textbooks: Arabic, Science, Math, Islamic education, and Sociology) […]
The United Nations Development Programme (UNDP) is supporting the government of Iraq to strengthen its digital services and build its e-governance capabilities under a new Memorandum of Understanding (MoU) signed today with Iraq's Council of Ministers Secretarial (ComSec). The MoU focuses on harnessing and increasing the use of information and communication technology to modernize government […]
By John Lee. Iraq and Saudi Arabia have signed a memorandum of understanding (MoU) regarding the allocation of a grant from the government of Saudi Arabia to finance the renovation of Ibn Al Khatib Hospital in Baghdad. The Saudi embassy initially announced its support for the hospital last year, following a fire that killed at […]
