Activity Stream

Filter
Sort By Time Show
Recent Recent Popular Popular Anytime Anytime Last 24 Hours Last 24 Hours Last 7 Days Last 7 Days Last 30 Days Last 30 Days All All Photos Photos Forum Forums
  • Screaming Eagle's Avatar
    32 replies | 499 view(s)
  • Wolverine's Avatar
    Today, 02:49 PM
    32 replies | 499 view(s)
  • Screaming Eagle's Avatar
    32 replies | 499 view(s)
  • Screaming Eagle's Avatar
    32 replies | 499 view(s)
  • Screaming Eagle's Avatar
    32 replies | 499 view(s)
  • Screaming Eagle's Avatar
    32 replies | 499 view(s)
  • haggisbasher's Avatar
    Today, 02:24 PM
    Maybe they are aslo waiting for political claim after the elections,after all it was Malki that caused the problems with Warka,if i was opening up in Iraq i would be very causious.
    9 replies | 409 view(s)
  • Screaming Eagle's Avatar
    32 replies | 499 view(s)
  • Screaming Eagle's Avatar
    32 replies | 499 view(s)
  • Screaming Eagle's Avatar
    32 replies | 499 view(s)
  • Screaming Eagle's Avatar
    32 replies | 499 view(s)
  • Screaming Eagle's Avatar
    32 replies | 499 view(s)
  • Investors Iraq News's Avatar
    Today, 11:06 AM
    By John Lee. Iraq’s Supreme Federal Court has reportedly upheld a law mandating a nationwide recount of the votes from May’s parliamentary election, which had been ordered following claims from Prime Minister Haider al-Abadi that there had been serious violations. The court has also ruled that the cancellation of votes from people overseas, the displaced, and Peshmerga was unconstitutional. Earlier this month, Iraq’s top judicial authority, the*Supreme Judicial Council, took over the Independent High Electoral Commission (IHEC), replacing the local heads in each of the provinces with judges. Last month’s elections saw a low turnout, and an unexpected victory for Shia leader Moqtada al-Sadr. (Sources: Reuters, AFP) (Picture credit: Essam-al-Sudani) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 23 view(s)
  • Investors Iraq News's Avatar
    Today, 07:01 AM
    By John Lee. Talks between ExxonMobil and Iraq on the multi-billion-dollar Common Seawater Supply Project (CSSP) have reportedly broken down. According to Reuters, the director general of the Basra Oil Company (BOC) told reporters that the BOC will award the contract through a tender process, which it expects to complete at the end of July. It adds that the BOC has already shortlisted three companies*from an initial list of seven for the contract. (Source: Reuters) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 15 view(s)
  • Investors Iraq News's Avatar
    Today, 07:01 AM
    By John Lee. UK Export Finance (UKEF) has published its annual report and accounts for 2017 to 2018, in which it lists three export projects supported in Iraq: Enka UK Construction Ltd received letter of credit guarantees and supplier credit totalling £87,910,650 for the construction of a gas-fired power plant for Iraq’s Ministry of Electricity; GE Global Services GMBH received buyer credit and direct lending totalling £87,211,216 for the construction of a gas-fired power plant for Iraq’s Ministry of Electricity; Fortress Diagnostics Ltd received export working capital of £112,258 to supply healthcare equipment to Iraq’s Ministry of Health. (Source: UK Govt) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 15 view(s)
  • Investors Iraq News's Avatar
    Today, 07:01 AM
    By John Lee. Russian airline Red Wings reportedly made its maiden flight to Iraq on Wednesday. This marks the resumption of services between Moscow and Baghdad following the Iraqi War in 2003. The new service will begin with one regular flight per week. (Source: AFP) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 15 view(s)
  • Investors Iraq News's Avatar
    Today, 07:01 AM
    By John Lee. Genel Energy and DNO have said that the Tawke partners have received $62.19 million from the Kurdistan Regional Government (KRG) as payment for March 2018 crude oil deliveries to the export market from the Tawke licence. Genel’s net share of the payment is $15.52 million. The Taq Taq partners have received a gross payment of $6.20 million from the KRG for oil sales during March 2018; Genel’s net share of this payment is $3.41 million. Genel has also received an override payment of $8.37 million from the KRG, representing 4.5% of Tawke gross licence revenues for the month of March 2018, as per the terms of the Receivable Settlement Agreement. In total, Genel’s net share of payments relating to March 2018 exports totals $27.30 million. (Source: Genel Energy) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 19 view(s)
  • Wolverine's Avatar
    Yesterday, 10:06 PM
    32 replies | 499 view(s)
  • Wolverine's Avatar
    Yesterday, 09:39 PM
    32 replies | 499 view(s)
  • Brazileiro's Avatar
    Yesterday, 06:40 PM
    yep everyone still waiting. looks like they haven't raised the 250 billion iqd yet as weren't they supposed to have the general assembly meeting within 30 days of raising it? then again no one has taken my offer of exchanging iqd for usd at 2x the official rate either so maybe a lot of second thoughts on investing in warka. no word on their mastercard or cd's either. maybe the 2nd half of the year will see something tangible
    9 replies | 409 view(s)
  • Wolverine's Avatar
    Yesterday, 06:39 PM
    32 replies | 499 view(s)
  • crazyfrank's Avatar
    Yesterday, 04:51 PM
    well ok June 20th has pretty much come and gone now, I see zero news anywhere on anything right now, should I really be surprised? ........... so now we return you to your previously scheduled program, already in progress. That is all. :cool:
    9 replies | 409 view(s)
  • Wolverine's Avatar
    Yesterday, 03:27 PM
    32 replies | 499 view(s)
  • Wolverine's Avatar
    Yesterday, 02:59 PM
    32 replies | 499 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 09:00 AM
    By John Lee. Gulf Keystone Petroleum (GKP) has confirmed that a gross payment of $19.7 million ($15.5 million net to GKP) has been received from the Kurdistan Regional Government (KRG) for Shaikan crude oil sales during March 2018. (Source: GKP) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 56 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 06:52 AM
    By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.* Iraq’s favorite lake dries up in sign of worse to comeKarbala’s*Lake Milh*hasn’t seen a lot of visitors in the last few years. Once a popular picnic*destination for Karbala residents, the lake’s water has dwindled, leaving most of it a*desert*with nothing but derelict fishing boats and*dead animals. The second-largest lake in Iraq, Lake Milh is also known as Lake*Razzaza; it lies west of Karbala and southwest of Baghdad. It is fed by the Euphrates River*as well as rainfall and groundwater sources. Over the last decade, however, it has been*drying up. Saeed Ali, a fish vendor who lives near the lake, told Al-Monitor,*“The lake was an important source of fish in the ’80s and ’90s.*But*with time, it has become a mere pond that*will one day dry out completely if the issue is not addressed.” Furat al-Tamimi, head of the parliament’s Committee for Agriculture, Water and Marshlands, said the situation requires immediate attention. He told Al-Monitor, “The Ministry of Water Resources and the committee are informed of the situation at Lake Milh. We are tracking the declining water levels at the lake with great concern. This is also happening in many other lakes and rivers.” Tamimi*said the*lake’s falling levels*are related to the drought that has plagued Iraq since 2017;*some estimate*the drought will continue*until 2026. But there are*no plans to restore the lake, said Tamimi, a deputy from Ammar Hakim’s Hikmat movement. He said a number of civil society activists and specialists on natural resources in Karbala province have*criticized*the “government’s idleness over the water crisis in Lake Milh,” with some activists working together on*a media campaign to draw the world’s attention to the lake. Engineer Aoun Thyab, the most senior member of the advisory board of the Ministry of Water Resources, said the problem is much more*complicated. “Addressing this problem is not so simple,” Thyab told Al-Monitor. “Protests and calls on environmental groups won’t solve it because the problem is related to internal and regional policies involving the water sector, as well as the rain and streams that flow from the desert.” Thyab said*the*Ministry of Water Resources dropped Lake Milh entirely from its water supply calculations in a 2015 strategic study. “As such, Lake Milh is no longer seen as useful for irrigation, water storage*or fish farming.” He said Lake Milh’s levels decreased from 34 meters*(112*feet)*above sea level to 20 meters*(66*feet) with the drought.*“This was due to a number of overwhelming factors, especially*the decrease in the*Euphrates River, which is the lake’s inflow, because of the*Turkish dams*that reduced Iraq’s water share. Add to this the scarcer rainfall in recent years and the depletion of streams that flow from the desert*around*the lake.” He said, “Lake Milh has also seen higher evaporation levels, which increased salinity, making it effectively impossible for fish to inhabit the lake.” Thyab said*that in the 1990s*the Iraqi Ministry of Agriculture experimented with a project to farm sea fish but that project proved to be a failure. “It is safe to say that the lake is dead.” Thyab’s remarks indicate that it would be next to impossible to restore Lake Milh as a tourist attraction*whose*beautiful flora and fauna once brought foreign and Iraqi tourists from every province. Karbala has also suffered greatly from the armed conflicts in the last decade, most recently*when armed groups who fought against the Iraqi state used it as a base.*The city of Karbala’s practice of draining polluted water*into the lake has also contributed to the problem. But there is hope for the lake yet. In January, the Iraqi National Investment Commission (NIC) unveiled*a $25 million*investment*project*to*rehabilitate and develop*both Lake Milh and al-Habbaniya, a lake linked*to Milh by the*narrow*Sin-Al-Thibban Canal. The project includes building a tourist attraction over approximately 4,000 acres*and overhauling the existing hotels and 200 apartments*to modern standards, as well as a full amusement park, a marina, world-class*restaurants and a media center. The locals worry that the efforts come too late to save the lake. Local*engineer Fayez Eisa, who oversees the area’s*anti-desertification project, told Al-Monitor, “Tired of dealing with the bureaucratic red tape on contracts and permits, the Karbala Holy Shrine administration has established a green belt around 2000 dunams (494 acres) of desert land, where they dug dozens of wells to provide water to the farming areas around Lake Milh.” Lakes*such as Milh represent essential*natural reservoirs in efforts to fight the drought*that*haunts Iraq’s*agriculture sector. Cooperation*with neighboring countries to restore and protect them will be crucial to the region’s survival. (Picture credit: ??? ??????) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 50 view(s)
  • Investors Iraq News's Avatar
    06-19-2018, 02:51 PM
    By Alexander Southworth, Iraq Britain Business Council (IBBC). IBBC Long Read: The Station – Iraq’s the first combined workspace in Iraq, providing tech and artistic entrepreneurs with a communal space and resources to develop and expand business projects.The*Iraq Britain Business Council (IBBC) recently completed a mission to Baghdad, where Christophe Michels, Managing Director and Eng. Rasmi Al-Jabri Deputy Chairman, visited The Station, Iraq’s first combined workspace in Iraq, providing a hub for artistic & tech entrepreneurs to develop and expand business projects. Located in Baghdad, The Station’s vision is to create a healthy work environment by providing entrepreneurs with experiences to develop and expand their projects. The institution aims to facilitate this entrepreneurial spirit by providing the space, support and resources to help build and develop ideas and implement them on the ground in a society which is heavily weighted towards public sector activity. While Iraq is a middle-income country, it faces significant challenges more commonly found in low income nations. Such as a dependence on a primary commodity (crude oil), which generates 95 percent of its budget* while only employing 1 percent of the available labour force and a heavily weighted public sector, which accounts for around 60% of employment, with the government providing 40% of jobs. This is why The Station is such an exciting initiative, it is a boost to a small but growing number of young Iraqis willing to engage and develop the private sector in Iraq. Iraq has one of the most youthful demographics in the world, with nearly half its population being less than 21 years of age. Young Iraqis, faced either with closed avenues to public sector employment or who do not wish to conform to a status quo which does not reward entrepreneurial spirit, can find at The Station an environment which does just the opposite, facilitating a hub of ideas and resources beneficial to inspiring entrepreneurs. Inspiration behind the Idea The founders visited various innovative hubs/co-working spaces around the Middle East and were inspired by the activities and the economic/social impact they were having in those specific communities. They sought to replicate these spaces, but in a way that is relevant to Iraq. The co-founders are entrepreneurs themselves, and they understand the obstacles faced by entrepreneurs and small businesses. Therefore, they decided to create a space with all the facilities they believe are needed to help such an environment thrive. The idea of The Station was not merely to create a physical space but a cultural one. Haider Hamzoz Media Director at the Station explained that: “Young people in Iraq as a whole aspire to work in the public sector upon graduation, because there have been no viable options other than that. It is not recommended to take huge risks such as investing in a business venture (unless it is a restaurant or barber shop) because there is no track record of such activities in Iraq – at least not in the last two decades. However, start-ups require risk-taking and we want to build a community of risk takers and innovators.” Funding & Support The Station was founded by Mujahed al-Waisi, Muhanned Munjed and Ali Tarik. The Station has received funds from The Al-Handhal International Group and is supported by the Iraqi Private Banks League, Earthlink and the Embassy of the Kingdom of the Netherlands in Baghdad. Future Direction The Station is working towards starting an incubator program, to empower the ecosystem in Iraq. It also aims to establish and/or partner with venture capitals to fund and invest in startups, businesses and entrepreneurs. The Station also wants to be a driving force in policy advocacy through international agencies and diplomatic entities to empower the Iraqi private sector, and the role of the youth within this sector. The Station is currently establishing its own Research and Development Centre that will offer a myriad of services, such as mentorship and policy advocacy. Activities will revolve around engaging the youth in discussions and research, not only with the private sector but with the public sector itself, essentially bridging the gap between the government and its citizens, and this is a development that ought to be celebrated because it will empower not only the Iraqi economy but its democratic institution. The Station is seeking to expand to Mosul in the next two years and has plans to develop a Station in the South and on the other side (Al-Karkh) of Baghdad. This hugely positive development Haider Hamzoz Media Director at the Station says: “With the erosion of ISIS, the youth are in need of a healthy environment more than ever to feed their self-development and we are building a foundation that will allow them to become world-thinkers, innovators and successful role-models for the new generation to come.” For more information please visit: http://the-station.iq/ or contact info@the-station.iq *Source: UNIraq* http://www.uniraq.com/index.php?option=com_k2&view=item&layout=item&id=941&Itemid=472&lang=en (Source: IBBC) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 67 view(s)
  • Investors Iraq News's Avatar
    06-19-2018, 02:51 PM
    By John Lee. Fly Erbil, Iraq’s only Kurdish airline, successfully completed its first scheduled flight on Monday. The plane set off from Erbil International Airport en route to Stockholm in Sweden. The airline’s administrative director Ahmad Jamal told AFP that Fly Erbil currently has three planes and plans to increase to 10 in the future. Other destination served include Gothenburg (Sweden), Amsterdam (Netherlands), Birmingham (UK), Kiev (Ukraine) and Nuremberg (Germany). (Sources: AFP, Fly Erbil) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 65 view(s)
  • Investors Iraq News's Avatar
    06-19-2018, 02:51 PM
    Combined Joint Task Force Operation Inherent Resolve and its partners have increased offensive activity against Islamic State of Iraq and Syria targets in designated parts of Iraq and Syria throughout the months of May and June. Since the May 1 start of Operation Roundup, Syrian Democratic Forces resumed major offensive operations in the Middle Euphrates River Valley. Since then, the SDF has continued to gain ground through offensive operations coupled with precision coalition strike support. Combined Joint Task Force Operation Inherent Resolve and its partner forces continue to exert pressure on ISIS senior leaders and associates in order to degrade, disrupt and dismantle ISIS structures and remove terrorists throughout Iraq and Syria. ISIS morale is sinking on the frontlines as privileged ISIS leaders increasingly abandon their own fighters on the battlefield, taking resources with them as they flee. Over the coming weeks, Operation Roundup will continue to build momentum against ISIS remnants remaining in the Iraq-Syria border region and the middle Euphrates River Valley. The coalition remains committed to the lasting defeat of ISIS here, increasing peace and stability in the region and protecting all our homelands from the ISIS threat. Coalition military forces conducted 26 strikes June 11-17, consisting of 36 engagements in Iraq and Syria. Strikes in Syria On June 17 near Shadaddi, coalition military forces conducted a strike consisting of two engagements against ISIS targets, destroying two ISIS fighting positions. On June 16 near Abu Kamal, coalition military forces conducted three strikes consisting of three engagements against ISIS targets, destroying two ISIS supply routes. On June 15, coalition military forces conducted three strikes consisting of three engagements against ISIS targets. Near Abu Kamal, a strike engaged an ISIS tactical unit and destroyed an ISIS vehicle. Near Shadaddi, two strikes engaged an ISIS tactical unit, destroying an ISIS vehicle and an ISIS anti-air artillery system. On June 14, coalition military forces conducted two strikes consisting of two engagements against ISIS targets. Near Abu Kamal, a strike destroyed an ISIS-held building. Near Shadaddi, a strike destroyed an ISIS logistics hub and an ISIS fighting position. On June 13, coalition military forces conducted seven strikes consisting of seven engagements against ISIS targets. Near Abu Kamal, four strikes destroyed two ISIS vehicles, an ISIS supply route and damaged an ISIS vehicle. Near Shadaddi, three strikes engaged an ISIS tactical unit, destroying an ISIS tactical vehicle, an ISIS line of communication and an ISIS headquarters. On June 12, coalition military forces conducted four strikes consisting of 10 engagements against ISIS targets. Near Abu Kamal, a strike engaged an ISIS tactical unit. Near Shadaddi, three strikes engaged an ISIS tactical unit, destroying two ISIS fighting positions and three ISIS lines of communication. On June 11 near Abu Kamal, coalition military forces conducted three strikes consisting of three engagements against ISIS targets, destroying three ISIS supply routes. Strikes in Iraq There were no reported strikes conducted in Iraq on June 15-17. On June 14, coalition military forces conducted two strikes consisting of four engagements against ISIS targets. Near Basheer, a strike engaged an ISIS tactical unit and destroyed seven ISIS-held buildings. Near Rutbah, a strike engaged an ISIS tactical unit. There were no reported strikes conducted in Iraq on June 13. On June 12 near Basheer, coalition military forces conducted a strike consisting of two engagements against ISIS targets, destroying two ISIS tunnels and an ISIS supply cache. There were no reported strikes conducted in Iraq on June 11. Definition of Strikes This coalition strike release contains all strikes conducted by fighter, attack, bomber, rotary-wing or remotely piloted aircraft, rocket-propelled artillery and ground-based tactical artillery. A strike, as defined by coalition officials, refers to one or more kinetic engagements that occur in roughly the same geographic location to produce a single, sometimes cumulative effect in that location. For example, a single aircraft delivering a single weapon against a lone ISIS vehicle is one strike, but so is multiple aircraft delivering dozens of weapons against a group of ISIS-held buildings and weapon systems in a compound, having the cumulative effect of making that facility harder or impossible to use. Strike assessments are based on initial reports and may be refined. Task force officials do not report the number or type of aircraft employed in a strike, the number of munitions dropped in each strike, or the number of individual munition impact points against a target. (Source: US Dept of Defense) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 66 view(s)
  • crazyfrank's Avatar
    06-19-2018, 12:31 PM
    well now Batman you have found something with some substance finally now........... congratulations!! It is certainly a great find to see these sanctions have been "approved" for removal in this UN Committee. The key word in all this is "committee", as the main body of the UN is the full United Nations security council, who have the ultimate authority to officially lift these sanctions. No doubt the full UN security council will back this committee action, and my guess is they will want to make an official dog and pony show when they do this. This is a link to their June 2018 official posted schedule as of today.............. http://www.un.org/en/sc/inc/pages/pdf/pow/powmonthly.pdf
    109 replies | 16124 view(s)
More Activity
Powered byvBSocial.com and Block Facebook