By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review: “The Economy, the Protest Movement and the Government” In early October Iraq, Baghdad in particular, erupted in massive demonstrations, that at the time […]
By John Lee. Iraqi Prime Minister Adel Abdul Mahdi has reportedly announced a cabinet reshuffle and three days of national mourning, following the recent protests during which more than 110 people were killed. Reuters quotes him as telling a news conference: "We will ask parliament to vote tomorrow [Thursday] on changes to ministries". According to […]
By John Lee. Spartan Air Academy Iraq LLC, Irving, Texas, has been awarded a $24,863,731 firm-fixed-price contract for contractor logistics support (CLS) services. The contract provides for CLS services and material support for 15 T-6A aircraft. Work will be performed at Balad Air Base, Iraq and is expected to be completed by June 30, 2020. […]
MAG teams up with Facebook to reduce casualties from ISIS mines in Iraq The Mines Advisory Group (MAG) has launched an innovative project with Facebook and the US government to help people in northern Iraq learn how to stay safe from the landmines and unexploded bombs left behind after years of war. The initiative uses […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi government seems powerless against protesters even as 'unknown' snipers take toll A video of a fearless teenager performing a dance from the popular multiplayer online game PlayerUnknown's Battlegrounds amid heavy bullets and smoke […]
Weatherford International plc (OTC-PINK:WFTIQ) has announced it has been awarded two fully integrated rig contracts and one well services (through-tubing intervention) contract with a multinational operator in one of the world’s largest proven oil fields located in Iraq. Frederico Justus, President of the Eastern Hemisphere for Weatherford, said: “Weatherford has operated in Iraq since 2006, […]
By John Lee. Iraq has reportedly replaced the head of its state grain buying agency. According to a document reviewed by Reuters, Naeem al-Maksousi was replaced by Hassanein Mahdi Elwan, but the reason for the change was not immediately clear. The Iraqi grain board is responsible for billions of dollars worth of wheat and rice […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Rehabilitate and Operate Al-Qadissya bricks factory – State company for construction industries (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
The Baghdad Provincial Council on Sunday voted to dismiss governor Falah al-Jazairi amid protests in the Iraqi capital, according to local media and Anadolu Agency. The 58-member council voted unanimously to remove al-Jazairi from his post, Al-Iraqiya television said. According to the report, the provincial council will accept applications within days from candidates for the […]
By Bilal Wahab, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As Protests Explode, Iraq Must Get Serious About Reform While Washington focuses on getting Baghdad to rein in militias and end its dependency on Iranian energy, […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Mustafa Habib. Anti-government protests in Baghdad were led by the younger generation, one that has grown up under military rule, lived a more liberal life online and is now […]
By John Lee. The Cabinet has met in Baghdad under the chairmanship of Prime Minister Adel Abdul-Mahdi and discussed the recent protests, announcing a series of measures on housing, employment and support for low-income groups. According to a statement from the Government, the latest measures include: Those injured during recent protests will receive free medical […]
