IBBC appoints industry specialist as Strategic Development Officer As the Iraq Britain Business Council (IBBC) Board and Executive Committee re-fresh their strategic plan to continue a pathway to success for Iraq and its business community, it has appointed a Strategic Development Officer to bring industry expertise and experience to its management team. Colin Findlay brings […]
Iraq Business News Expert Blogger, Ahmed Mousa Jiyad, has completed the second volume of his chronicle of the Iraqi oil industry, this time covering 2011. The first volume, published in October 2021, covers the development in the upstream petroleum in Iraq prior to 2011 and has a subtitle "Grand Opening for Big Push Strategy". The […]
By John Lee. The United States has criticised Iraq, among other countries, for its failure to protect intellectual property rights. In its recently-published 2022 Special 301 Report, the United States Trade Representative (USTR) says stakeholders continue to report notable levels of piracy through Illicit Streaming Devices (ISDs) and illicit Internet Protocol Television (IPTV) apps in […]
By John Lee. Iraqi media reports that one person has died and more than 5,000 have been hospitalised on Thursday as a result of the latest dust storm. The dust storm is the seventh this month, with some experts believing they are becoming more frequent due to climate change. Road and air transport has been […]
By John Lee. Basra Oil Company (BOC) has reportedly said that third offshore pipeline at the Khor Al-Amaya Oil Terminal (KAAOT) (pictured) will be completed by the end of 2023. Acting Director General, Ahmed Fadel Dehaim, told the Iraqi News Agency (INA) that the new line will increase oil export capacity by 600,000 barrels per […]
By John Lee. Iraq has reportedly confirmed that it will open new production facilities for the manufacture of weapons and light munitions, and even the assembly of combat aircraft. The Director of the Defence Industries Commission, Mohamed Sahib Al-Daraji (pictured), told the state-controlled Iraqi News Agency (INA), that: "Iraq has concluded memoranda of understanding with […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for April of 101,390,662 barrels, giving an average for the month of 3.380 million barrels per day (bpd), up from the 3.244 million bpd exported in March. This is the highest daily export rate since the 3.438 million barrels per day achieved in […]
By John Lee. A rocket attack that targeted an oil refinery in the Khabat area of Erbil on Sunday has been widely condemned. Six rockets were fired at the Kawergosk refinery, which is owned by KAR Group, reportedly damaging a storage tank. The Iraqi Security Media Cell said it located a launch base near the […]
By John Lee. A meeting has been held with the China State Construction Engineering Corporation (CSCEC) to discuss the the first steps in the rehabilitation of Nasiriyah International Airport. The company signed a contract for the project with the Iraqi Civil Aviation Authority (ICAA) in June 2021. According to Al Sabaah, he meeting was attended […]
By John Lee. The Secretary-General of the Council of Ministers, Dr. Hamid Naim Al-Ghazi, with representatives of China's Huawei, have discussed the process of developing the e-governance and automation project. The comprehensive digital transformation project is intended to reduce paperwork in government institutions. Dr Al-Ghazi confirmed that the e-governance project has reached "advanced stages", and […]
UNICEF receives USD $1,4 million from the Government of Canada to support young people's transition to entrepreneurship and employment in Iraq The Government of Canada has contributed USD$1.4 million to UNICEF to support close to 1,500 young people in Iraq to generate educational and economic opportunities for inclusive development and participation for a 2-year period. […]
WFP Iraq Country Brief, March 2022 In Numbers 710,492 people assisted in March 2022 US$ 2.25 million distributed in March 2022 through cash-based transfers 1,686 mt of in-kind assistance distributed US$ 39.4 million six months net funding requirements (April - September 2022) Operational Updates In March, WFP provided cash and food assistance to 182,152 internally […]
