By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi government not giving up on early elections Despite the fact that most political parties in Iraq agreed to hold elections as soon as possible, and the government of […]
By John Lee. Iraq's Council of Ministers has approved a contract with Japan's JGC Corporation to build a 55,000-bpd refinery in Basra province. According to a statement from the Ministry of Oil, the new plant will create 7,000 jobs, in addition to 70,000 during the construction phase. The General Manager of the South Refineries Company […]
The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Cabinet discussed the needs of Iraq's health sector, and agreed several measures to expand existing capacity and introduce new services. The measures included: Adding additional ward capacity for the treatment of cancer patients at the National Amal Hospital and the […]
DNO ASA, the Norwegian oil and gas operator, today reported stepped up investments across its portfolio on the back of higher production and significantly improved liquidity outlook as the Company recovers from the oil market turmoil that upended the second quarter of 2020. Operated production in July at the Company's flagship Tawke license in the […]
The number of cases of COVID-19-infected persons is also rapidly increasing in Iraq. The peak of the disease is expected in autumn. At least four new hospitals are to be built in the country's largest cities by then. KfW is financing the construction on behalf of the German government with an initial amount of EUR […]
By John Lee. Government measures designed to limit the spread of the COVID-19 pandemic impacted Asiacell's results for the half year ended June 30, 2020. The company reported revenues of QAR 1.9 billion in H1 2020, down 10% compared to the same period last year. As a result, EBITDA declined to QAR 828 million (H1 […]
By John Lee. The Iraqi Foreign Ministry has said it will no longer issue visas at border crossings for Turkish citizens wanting to visit Iraq. In a statement, it accused Turkey of violating a 2009 deal that eased the visa process for citizens of the two countries: "Iraq is keen to adhere to the agreements […]
Prime Minister Mustafa Al-Kadhimi on Sunday chaired a meeting of the Higher Committee for Health and National Safety. At the start of the meeting, the Prime Minister thanked Iraqi health workers and paid tribute to their efforts during the coronavirus pandemic, and for treating and looking after those affected by Covid-19. In his remarks, the […]
Protecting communities from COVID-19: Canada commits funds to tackle growing pandemic in Iraq The Government of Canada has contributed US$1.85 million (CAD 2.5 million) to support the Government of Iraq's response to the COVID-19 pandemic, in partnership with the United Nations Development Programme (UNDP) in Iraq. The funds will be directed toward two critical areas […]
By Al-Monitor staff. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq's coronavirus cases top 100,000 as Baghdad airport reopens Iraq is instituting a "total curfew" for the upcoming Eid al-Adha holiday. The curfew will be in place from July 30 until Aug. 9, according […]
Combined Joint Task Force - Operation Inherent Resolve (CJTF-OIR) conducted a ceremony with Iraqi Security Forces (ISF) to transfer the Coalition area of Besmayah Base, Iraq, July 25, 2020. Due to Iraqi Security Forces' success in the campaign against Daesh, the Coalition is adjusting its positioning and focus in Iraq. These military movements are long-planned […]
Ziad Akle, Unaoil's territory manager for Iraq, has been sentenced to five years' imprisonment for paying over $500,000 in bribes to secure a $55m contract to supply offshore mooring buoys. [Update 10th Dec 2021: Akle's conviction was quashed by the Court of Appeal.] The new buoys formed part of the post-occupation Iraqi government's "Master Plan" […]
