Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th April 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Return RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,076.7 -0.2% 18.3% RSISX USD Index 1,058.6 […]
By John Lee. Iraq's cabinet has approved a plan to refer the second phase of the gas drying project for the Gharraf oil field to a consortium consisting of the State Company for Oil Projects (SCOP), which is part of the Ministry of Oil, and the Italian company Progetti Europa & Global S.p.A. (PEG). The […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for March: Total exports: 100,913,027 barrels Revenues: $7.506 billion Average daily exports: 3.255 million barrels Average price per barrel: $74.385 Exports from central and southern Iraq: 98,875,692 barrels Exports from Kirkuk through the port of Ceyhan: 1,727,494 barrels While not explicitly stated by […]
By John Lee. The Iraqi Ministry of Transport has said that it is studying the designs for the "development road project", sometimes referred to as the "dry canal project". The project will link Iraq's Grand Faw port, which is still under construction, by rail to the Mediterranean, with the intention of providing a cost-effective alternative […]
By John Lee. The World Bank's International Center for Settlement of Investment Disputes (ICSID) has appointed an ad hoc committee to consider the possible annulment of an award made in favour of the Iraqi Government, in relation to a dispute over the alleged takeover of a cement factory in Kirkuk. Germany's AHG Industry GmbH & […]
By John Lee. Iraq's Ministry of Transport met with a delegation from the Dubai-based company Gravo DMCC to discuss the delegation's request for support and development of Iraq's railway sector through partnership. The meeting was attended by the relevant department directors. It was decided to continue meetings between the parties to try to achieve shared […]
By John Lee. Iraq's Minister of Oil, Ihsan Abdul-Jabbar Ismail, recently met with Laurent Vivier, the director of the French company TotalEnergies in the Middle East and North Africa, and Donia Chalabi, the director of the company's branch in Iraq, to discuss prospects for cooperation. The meeting focused on the follow-up of joint efforts to […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Dedication, Preface, and Introduction of IPSC Project' New Book Ahmed Mousa Jiyad Norway My newest book in the Iraq Petroleum Sector Chronicle Project- IPSCP has been released this month; it is […]
By John Lee. The Ministry of Transportation announced the appointment of Manaf Abdel-Monem [Manaf Abdel Moneim Uriel] as Director General of Iraqi Airways. He had previously held executive positions in the company, and succeeds Engineer Karim Kazim Hussein [Karim Kazem Hussein]. Abdel-Monem expressed his gratitude to the Minister of Transport, Mr. Razzaq Muhaibis Al-Saadawi, and […]
By John Lee. Fly Arna, Armenia's national airline and a joint venture company between ANIF and Air Arabia Group, has started direct flights between Yerevan and Baghdad. The new direct flights from Zvartnots International Airport to Baghdad International Airport will be operated twice a week. Schedule to Baghdad International Airport, effective April 22, 2023 (all […]
UNIDO and Government of Japan collaborate on Sustainable Development of the Food Industry in Iraq The United Nations Industrial Development Organization (UNIDO) and the Government of Japan are proud to announce their collaboration on the "Emergency livelihood support to mitigate the food insecurity crisis among vulnerable people in Iraq" project. This project is part of […]
The Food and Agriculture Organization (FAO) and Partners Continue to Boost Agricultural Livelihoods in Nineveh FAO representative in Iraq, Dr Salah El Hajj Hassan led a mission to several sites in Nineveh to follow up on the implementation of FAO-EU funded project, "Support to agricultural livelihoods of rural and peri-urban returnees and communities in Nineveh […]
