By John Lee. Dr. Abbas Jaber Al-Maliki, the Minister of Agriculture, has chaired a meeting with a delegation from the South Korean company KRE, led by Mr. Kweonk Suk Jan, to discuss smart farming techniques for tomatoes and rice, as well as advanced storage systems. The meeting was attended by Dr. Hussein Al-Wasiti, the Advisor […]
By John Lee. Iraq's Ministry of Oil has announced that the Oil Pipelines Company has completed the first phase of rehabilitating the 12-inch dry gas pipeline from the East Baghdad field to Taji power station. Mr. Ali Abdul Kareem Al-Moussawi, the Director General of the Oil Pipelines Company, stated that the company's technical and engineering […]
By John Lee. Manaraat Al-Madina Company for General Contracts has won two contracts with the United Nations Office for Project Services (UNOPS): Rehabilitation of war damaged shelters in Qaim. The contract is valued at $303,160. Rehabilitation of war damaged shelters in Rummanah. The contract is valued at $398,415. (Source: UNGM)
By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed the day down nearly four percent on Thursday, after it announced its results for the full year ended 31 December 2023. Jon Harris, Gulf Keystone's Chief Executive Officer, said: "Following a challenging year in 2023, in which our operational and financial performance was impacted […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st March 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,695.3 2.5% 9.1% RSISX USD Index 1,666.9 […]
By John Lee. South Korea's Defense Minister, Shin Won-sik, held talks in Seoul on Wednesday with Thabet Mohammed Saeed Al-Abbasi [al-Absi], the Iraqi Defense Minister. Minister Suh evaluated that the foundation of defense and defense industry cooperation between Korea and Iraq has been established through military education exchanges, T-50 trainer aircraft exports, and airbase reconstruction […]
By John Lee. The Director General of Midland Oil Company emphasized the company's commitment to providing a conducive investment environment for successful global companies in the fifth licensing round for the development of oil and gas fields. During an inspection visit to the Khashim Ahmer-Injana [Khasham Al-Ahmar] and Gilabat-Qumar [Kalabat] fields in Diyala province, Mr. […]
Riad Chehayab (pictured), Director of assurance and consultancy at Serco, has joined the Iraq Britain Business Council (IBBC) advisory council. Riad oversaw running air traffic control for the Iraqi Government in Baghdad for 10 years, and previously ran air operations for Serco Middle East. While in Iraq, Riad acted as an advisor to the Iraq […]
By John Lee. A former Iraqi Defense Minister has reportedly been arrested in Sweden on suspicion of fraud. Najah al-Shammari (pictured), who served in the government of Prime Minister Adil Abdul-Mahdi from May 2019 to June 2020, is said to have been arrested at Stockholm Airport. Shammari, who holds dual Iraqi-Swedish citizenship, is suspected of […]
By John Lee. The US Ambassador to Iraq, Alina L. Romanowski, has expressed a wish for a strong US-Iraq strategic partnership that will benefit all Iraqis. In a statement marking the start of Ramadan, she highlighted: Since 2012, the U.S. Congress has appropriated more than $3.5 billion to build up Iraq's security forces. Over the […]
By John Lee. Iraqi Minister of Trade Atheer Dawood Al-Ghareeri announced in a press statement the attainment of self-sufficiency and the establishment of a strategic wheat reserve sufficient for the next six months, along with preparations to welcome a promising agricultural marketing season. Al-Ghareeri stated, "The Ministry of Trade's warehouses are filled with over two […]
By John Lee. The International Atomic Energy Agency (IAEA) has said it is increasing its cooperation and collaboration with Iraq on nuclear science and technology. As part of its Rays of Hope programme, it said it will give more support, equipment, training and capacity building to Iraqis to improve cancer outcomes. Full statement from IAEA: […]
