From the Iraq Britain Business Council (IBBC): Baroness Nicholson and Christophe Michels led a 30-strong delegation of IBBC Members to Riyadh to meet with Members of the Saudi Iraqi Business Council. The high profile meeting of Members of both Councils met under the auspices of the Saudi Minister of Commerce at the head quarters of […]
Constellis has announced that the US Department of State has awarded the company's Triple Canopy subsidiary a 10-year protective services contract in Baghdad, Iraq, under the WPS III Indefinite Delivery/Indefinite Quantity (IDIQ) contract, with a $1.3 billion contract value. Under this contract, Triple Canopy will continue providing protective services, specialized security services, and logistical support […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for February of 92,790,173 barrels, giving an average for the month of 3.314 million barrels per day (bpd), up from the 3.203 million bpd exported in January. The exports from the oilfields in central and southern Iraq amounted to approximately 91,314,828 barrels, while […]
By John Lee. Turkish building company Polikon is to start work on a new airport in Anbar. The Governor of Anbar, Dr. Ali Farhan Al-Dulaimi, handed over the land designated for Anbar International Airport to representatives of the company on Thursday, according to a statement from Anbar Governorate. Work on the first phase of the […]
By John Lee. The UK's Court of Appeal has reportedly overturned the conviction of Paul Bond, who was jailed last year in relation to the Unaoil bribery scandal in Iraq. Mr Bond (69), a former senior sales manager at SBM Offshore (SBM), had been sentenced to three and a half years in prison on two […]
By John Lee. The Iraqi Cabinet has approved a plan to expand Diwaniya Refinery. According to details released from the cabinet meeting this week, capacity at the plant will be increase to nearly 70,000 barrels per day (bpd), (Source: Govt of Iraq)
By John Lee. Lebanese company Primesouth International Offshore has commenced arbitration proceedings against Iraq at the International Centre for Settlement of Investment Disputes (ICSID). Details of the dispute have not been released, but in 2020 the company was reported to have signed a two-year contract, along with China CAMC Engineering Co (CAMCE), to install 640 […]
France Renews its Commitment to Protecting Civilians impacted by Explosive Ordnance in Iraq The United Nations Mine Action Service (UNMAS) welcomes an additional contribution of EUR 480,000 (approximately USD 550,000) from the Crisis and Support Center of the French ministry of Europe and Foreign Affairs that will support life-saving mine action activities in Iraq. Activities […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th March 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD1046 (+0.9%) / $923 (+0.9%) (weekly change) (+13.9% and +14.7% YTD change, respectively). The number of week traded […]
By John Lee. Iraq's Ministry of Industry and Minerals has reportedly finalised the details of an "Economic City" between Iraq and Jordan. According to the Iraqi News Agency (INA), USID has carried out a comprehensive study of the project, and land has been allocated for the Industrial Cities Commission, It says the aim is to […]
By John Lee. The Minister of Oil, Ihsan Abdul-Jabbar Ismail, has said that Iraq is committed to reducing carbon emissions through implementing a number of gas investment projects and developing gas fields, as well as projects to produce solar energy. At a conference in Iraq under the title "Pathways for a lower carbon future for […]
Role of Civil society associations in agriculture water and environment The Representation of the Food and Agriculture Organization of the United Nations (FAO) in Iraq, in partnership with the Al-Aghsan Foundation for Agricultural and Environmental Development, held a workshop and a dialogue platform to strengthen partnership with civil society organizations (CSO) in Iraq. The workshop […]
