Translated by L. Bedrosian. The Iraqi Minister of Transport has instructed the General Transport Company for Passenger and Delegations to begin providing regular transport services to and from Baghdad International Airport (BIAP). Nasir Hussein Bander Hamad [Nasser Hussein Al-Shibli] added: "Services will soon begin with modern, air-conditioned buses equipped with a smart card reader system." […]
By Joe Snell for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Outraged after months of not receiving salaries, regular electricity outages and a failure to provide local business bailouts, protests erupted last week in northern Iraq against the Kurdistan Regional […]
By Dr Amer K. Hirmis, Capital Business Strategies Ltd. - UK. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq's PM meets the President of the United States... What outcome...for the Iraqi economy? Introduction This Thursday, August 20th, the "President Donald J. Trump will […]
By John Lee. Iraq's Ministry of Oil, represented by the Iraqi Oil Tankers Company (IOTC), has concluded a contract with Norway's Batservice Mandal [Båtservice Mandal AS] to build two oil tankers. Oil Minister Ahsan Abdul-Jabbar Ismail said that this contract comes within the framework of the ministry's plans to rebuild the national fleet of oil […]
By John Lee. Iraq is reported to be planning to sign a memorandum of understanding with US-based Chevron to explore for oil in Dhi Qar (Thi Qar) province. A person familiar with the matter told Bloomberg that the deal would formalise Chevron's interest in exploring the eastern and western parts of Nasiriyah, the capital of […]
Oryx Petroleum has announces the appointment of Sami Zouari (pictured) as Board Chair and Independent Director with immediate effect. Mr. Zouari succeeds Jean Claude Gandur who recently resigned from the Corporation as part of transactions consummated between The Addax and Oryx Group PLC and Zeg Oil and Gas Limited. Sami Zouari was most recently the […]
JGC Holdings Corporation announced today that JGC Corporation, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, has been received the Letter of Award for the Basrah Refinery Upgrading Project for an Iraqi oil refining company under the Iraqi Ministry of Oil. Details of the project are as follows. […]
The Iraq Britain Business Council (IBBC) has announcd that Radiola Aerospace has joined as a new member. In a statement, the IBBC said: Having operated in Iraq since 2004, Radiola is well known in Iraq, and has been deeply involved in the provision of navigation and communication systems at Iraq's leading airports, as well as […]
Advertising Feature If you're an exporter looking to ship goods into Iraq, you'll need to get a Certificate of Conformity (COC) or Certificate of Inspection (COI). But what exactly does that mean and why are they important? International exporters around the world are taking advantage of Iraq's increasing demand for imports. The country took in […]
By Omar al-Jaffal for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. What trump cards is Iraq pulling against Turkey to secure water quota? While temperatures have risen to 50 degrees Celsius (122 degrees Fahrenheit) in a number of regions of […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th Aug 2020). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD653 (+4.2.) / $681 (+3.7%) (weekly change) (-0.9% and -2.9% YTD change, respectively). The number of week traded […]
By Omar al-Jaffal for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq again breaks daily COVID-19 record Iraq broke its record for daily confirmed COVID-19 cases again on Friday. There were 4,013 new cases on Aug. 14. The highest numbers were […]
