By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Construction of a Hospital Construction of a Fuel Station (Source: National Investment Commission)
New Investment Opportunities in Iraq
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Construction of a Hospital Construction of a Fuel Station (Source: National Investment Commission)
Iraq is heavily reliant on oil, as oil revenues have been the spine of the economy and the main contributor to exports and remain so even with the halt of oil prices and market demand. This led to neglecting the opportunities that lie in other sectors that could diversify and support the economy. Agriculture is […]
By John Lee. Jordan's Capital Bank has said that it has signed a letter of intent to acquire assets and liabilities of Lebanon's Bank Audi. It's Chairman told Reuters that the bank has already begun due diligence on buying Bank Audi's Iraqi units. Click here to see the stock market annoucement. Click here to read […]
Genel Energy has published its first comprehensive Sustainability Report, prepared in accordance with the Global Reporting Initiative ('GRI') Standards core option. Bill Higgs, Chief Executive of Genel, said: "Genel has had a longstanding commitment to positively impact the communities in which we operate. This has focused on three core areas - economic development, education, and […]
From the Iraqi Children Foundation (ICF). Dear ICF friends, Our annual "In Their Shoes" 5K race weekend in Washington DC draws dignitaries, diplomats, veterans and business-people, families, and the media. This year we are doing things a little differently, and you can join us online for our first INTERNATIONAL VIRTUAL EVENT. Run, walk, bike or swim to help us meet […]
DNO ASA, the Norwegian oil and gas operator, today announced that the USD 110 million Peshkabir Gas Capture and Injection Project in its Tawke license in the Kurdistan region of Iraq is onstream and has reached the one billion cubic feet of gas injection milestone. The project is expected to reduce annual emissions from the […]
By Antonino Occhiuto, for the Italian Institute for International Political Studies (ISPI). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. What Can Iraq Gain from Kuwait and Saudi Arabia At first glance, managing and developing ties with Iraq's neighbours seems to be only one […]
By John Lee. Genel Energy has engaged Pareto Securities to organise a roadshow with international credit investors. The Company may, subject to market conditions and acceptable terms on the new issue, raise a new five-year bond of up to $300 million to replace the Company's existing bond maturing in December 2022. Genel had cash in […]
By Shelly Kittleson, for the Italian Institute for International Political Studies (ISPI). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Future of International Security Assistance in Iraq Almost three years after Iraq declared victory against the so-called Islamic State (IS), whether and to […]
By Christophe Michels, Managing Director of the Iraq Britain Business Council (IBBC). Engineer Rasmi Al Jabri passed away suddenly yesterday on a walk outside his home in Erbil. He will be missed by his family, his tribe and his many friends, colleagues and admirers. Rasmi was born 1939 in the city of Qurnah in Southern Iraq, where […]
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. Denmark will open embassy to Iraq in Baghdad this year Denmark will open an embassy in Baghdad this fall. The move comes as the NATO member prepares to assume command of […]
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. Iraqi prime minister forbids state bodies from classifying Iraqis by sect Iraqi Prime Minister Mustafa al-Kadhimi ordered state institutions to stop classifying Iraqis by religious sect following a social media outcry […]
