By Dr Renad Mansour for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What Nouri al-Maliki's prime minister bid tells us about Iraq The surprise return of the controversial former leader has revealed that Iraq is still a US-Iran battleground. Click here […]
By John Lee. The publicly-traded UK company Kistos Holdings has held discussions in Iraq on matters related to the oil, gas, and energy sectors. The meeting took place between Minister of Oil Hayan Abdul Ghani al-Sawad and Peter Mann, Chief Executive Officer of Kistos. According to the company's website, Kistos was established in October 2020 as an energy […]
By John Lee. A memorandum of understanding (MoU) has reportedly been signed for a 30MW waste-to-energy plant in Babil. According to Shafaq News, companies involved include UK-based IM Power, headed by Gordon Dickey; German company SIMS; and Turkish construction company ESTA. The full article can be viewed here.
By John Lee. Shares in Gulf Keystone Petroleum (LSE: GKP) closed down more than 7 percent on Thursday after the company provided an operational and corporate update. The sell-off was primarily driven by the following factors: Lower Production Guidance: GKP expects average gross production to drop to between 37,000 and 41,000 barrels of oil per day […]
By John Lee. Jetcraft Commercial has delivered two Bombardier CRJ-1000 regional jets to the newly-launched Basra Airlines. The CRJ-1000 fleet is expected to initially serve domestic routes from Baghdad, complemented by regional services to strategic destinations including Dubai, Beirut, and Amman. Basra Airlines, which received its Air Operator Certificate (AOC) in December, is preparing to […]
By John Lee. UK-based Clarivate Plc has signed a multi-year agreement with Iraq's Ministry of Higher Education and Scientific Research to support the country's national research and innovation objectives. Under the agreement, Clarivate will provide strategic guidance, data and analytics, and skills development aimed at aligning institutional research outputs with national priorities and strengthening long-term research […]
By John Lee. Rudaw has quoted the Director General of Iraq's State Oil Marketing Organisation (SOMO), Ali Nizar al-Shatri [Shatari], as saying that the Ministry of Oil has signed a contract with British consulting firm Wood Mackenzie to calculate the actual production costs at oil fields in the Kurdistan Region. Iraq Business News has approached […]
By John Lee. UK-based Development Analytics Ltd has won a contract with the International Labour Organization (ILO) for: "Evidence-based Inclusive policy development for improved labour market performance and integration of marginalized groups in Northern Iraq" - reference rfx_2312_ROAS. The contract value was not disclosed. The objective of this assignment is to support the Kurdistan Regional […]
From the Iraq Britain Business Council (IBBC): The Iraqi Ministry of Agriculture, acting under Cabinet Resolution No. 209 of 2025, has signed a cooperation agreement with the UK-based company Date Palm Developments (D.P.D. Limited). The agreement was concluded by the Ministry's Horticulture Department. The signing took place at the Iraqi Embassy in London and coincided […]
By John Lee. London-based cafe chain EL&N has opened its first venue in Iraq. Located at the Erbil Avenue development, the new store is open for brunch, lunch and dinner. (Source: EL&N)
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By John Lee. Shares in Gulf Keystone Petroleum (LSE: GKP) closed down 2.7 percent on Wednesday after the company provided an operational and corporate update. It said it received its first payment in November at around $30/barrel (below international prices under interim agreements), has returned $50 million to shareholders in 2025, and is on track to […]
