By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq closes land borders, restaurants with new anti-virus measures The Iraqi government announced a series of strict measures to combat COVID-19 on Tuesday. All land border crossings, restaurants and malls will […]
By John Lee. The Iraqi cabinet has approved the draft budget for 2021. According to Reuters, the budget of 150 trillion Iraqi dinars ($103 billion) is based on an oil price of $42 per barrel, and will result in a deficit of 63 trillion dinars ($43 billion). Rudaw puts the deficit at 58 trillion dinar […]
By Farhad Alaaldin and Kenneth M. Pollack, for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Economic Collapse Could Be Biden's First Foreign-Policy Headache If the Iraqi government fails to pay state workers' salaries in January, it could lead to […]
By Belkis Wille, for Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Despite Prime Minister's Promises, Disappearances Continue in Iraq Since I started covering Iraq for Human Rights Watch in 2016, enforced disappearances have been one of my main areas […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Refining Industry - Continued Misalignment amid Investment Illusion More than fifteen years ago a new refinery-specific law was promulgated and then the Ministry of Oil-MoO paid millions of dollars for commissioned […]
By John Lee. Iraq has reportedly devalued its currency by about 20 percent against the dollar. According to Bloomberg and The Arab Weekly, the Central Bank of Iraq (CBI) has reduced the official rate to 1,450 dinar per US dollar. The previous official rate was 1,182 dinar to the dollar. Reuters adds that the decision […]
Dana Gas has announced the production of sales gas from Pearl Petroleum's Khor Mor Gas Plant in the Kurdistan Region of Iraq (KRI) reached a new record level of 430MMscf/d on 15 December 2020. Fourth quarter's average gas production as of 15 December 2020 is 400MMscf/d, an 8% increase on Q4 2019's average production of […]
By John Lee. Iraq's Ministry of Oil has announced initial oil exports for November of 81,262,376 barrels, giving an average for the month of 2.709 million barrels per day (bpd), down from the 2.876 million bpd exported in October. These exports from the oilfields in central and southern Iraq amounted to approximately 78,190,444 barrels, while […]
By George Mikhail for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Egypt, Iraq deepen Defense Ties Egypt and Iraq are expanding defense industry ties in a sign of deepening engagement among Cairo, Baghdad and Amman. Click here to read the […]
Weir Oil and Gas Approved to Deliver OPITO - Accredited Qualifications in Iraq Weir Oil & Gas has successfully achieved accreditation from OPITO, the global skills organization for the energy industry, to provide occupational training qualifications from the Weir Oil & Gas Centre of Manufacturing and Engineering Excellence in Southern Iraq. Weir Oil & Gas […]
ILO in Iraq joins forces with local authorities in Dohuk to implement employment-intensive interventions The ILO in Iraq has joined forces with local authorities in the Governorate of Dohuk to implement integrated employment intensive investment programme (EIIP) interventions aimed at creating more than 180 decent jobs, as well as enhancing the employability of vulnerable groups, […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Armed groups target liquor shops in Iraq Shops selling alcoholic beverages in Baghdad are constantly targeted. Some Iraqis see this as part of the war on their personal freedoms. […]
