From Iraq Solidarity News (Al-Thawra). Re-published with permission by Iraq Business News. Regular readers [of Iraq Solidarity News] will be familiar with the story of The Wolf of Baghdad by Carol Isaacs. Through Carol's graphic memoir, The Wolf of Baghdad has introduced new people to a 20th century experience by Iraq's Jewish community, which is […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review: "On the Economics of Coiled springs, Crouching Tigers, and Chicken Lickens" The market, as measured by the Rabee Securities RSISX USD Index, continued […]
By John Lee. US-based Sallyport Global Holdings, part of the Caliburn International group, has been awarded a not-to-exceed $240,000,000 cost-plus-fixed-fee undefinitized contract action to provide base operations support, base life support, and security services in the support of the Iraq F-16 program. Work will be performed on Balad Air Base, Iraq, and is expected to […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for April of 88,398,319 barrels, giving an average for the month of 2.947 million barrels per day (bpd), effectively the same as the 2.946 million bpd exported in March. The exports from the oilfields in central and southern Iraq amounted to approximately 85,534,916 […]
By Al-Monitor staff. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi, Syrian oil ministers discuss gas imports The Iraqi and Syrian oil ministers talked about the possibility of transporting Egyptian gas to Iraq through Syria during a meeting in Baghdad. Click here to […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for March of 91,311,929 barrels, giving an average for the month of 2.946 million barrels per day (bpd), down slightly from the 2.960 million bpd exported in February. The exports from the oilfields in central and southern Iraq amounted to approximately 88,240,184 barrels, […]
By John Lee. The United Nations Compensation Commission (UNCC) made available $380 million to the Government of the State of Kuwait towards the Commission's remaining claim with an outstanding award balance. The United Nations Compensation Commission is a subsidiary organ of the United Nations Security Council. It was established in 1991 in accordance with Security […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th April 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD947 (-0.7%) / $825 (-0.7%) (weekly change) (+30.5% and +24.4% YTD change, respectively). The number of week traded […]
By John Lee. Mobile phone service Asiacell has reported a sharp drop in revenue, when expressed in Qatari riyals, as a result of the devaluation of the Iraqi dinar. In its results for the three-month period ended 31 March 2021, parent company Ooredoo said: "The Iraqi economy was impacted by weakening purchasing power following the […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Demise of ExxonMobil in the Iraqi Petroleum Sector A recent announcement by the Ministry of Oil (MoO) confirms months of speculation regarding ExxonMobil exiting one of the world's super-giant oilfields, i.e. […]
By John Lee. The Iraqi Cabinet has approved the construction of the new railway between Basra and Shalamcheh [Shalamijah, Shalamjah], on the Iranian border. The line forms the Iraqi leg of the rail link between Basra and the Iranian city of Khoramshahr. According to previous information from the Iranian Tasnim news agency, the $150-million project […]
From the Iraq Britain Business Council (IBBC): With four participants including Padraig O'Hannelly from Iraq Business News (IBN) who provides an overview of what's been happening in Iraq especially the price of oil and the benefit of simpler visa system: Wajdi AbouIzzeddine, Director of Operations (Iraq) of the DAR Group Amar Raouf, Director of Development […]
