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  • Wolverine's Avatar
    Today, 12:04 PM
    171 replies | 4614 view(s)
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  • Investors Iraq News's Avatar
    Today, 08:30 AM
    GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments across the country. Please click here to download the latest report free of charge. For more information on how GardaWorld’s services can support your business in Iraq, please contact Daniel Matthews, Senior Director Iraq, at daniel.matthews@garda.com Source: Iraq-BusinessNews.com. Post your commentary below.
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    Today, 01:52 AM
    By John Lee. ADES International Holding Ltd., a London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa, is to expand into Southern Iraq. The company will acquire two idle land rigs in Iraq from Weatherford, as part of a $287.5-million deal to buy 31 rigs from the Swiss-based company. Commenting on the transaction, Dr. Mohamed Farouk, Chief Executive Officer of ADES International Holding, said: “We are truly delighted to have signed this agreement with Weatherford … significantly expands ADES’ total fleet and more than doubles its operational fleet” (Sources: ADES International Holding Ltd., Weatherford) Source: Iraq-BusinessNews.com. Post your commentary below.
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  • Screaming Eagle's Avatar
    Yesterday, 06:17 PM
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    Yesterday, 06:15 PM
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    Yesterday, 06:15 PM
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    Yesterday, 03:11 PM
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    Yesterday, 01:45 PM
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  • Investors Iraq News's Avatar
    Yesterday, 02:00 AM
    By John Lee. The Ministry of Oil has extended the closing date for tenders for the new 100,000-bpd refinery in Kut. Companies interested in investing must submit their documents by the end of working hours on Tuesday, 4th October 2018. More information here. For further information please contact studies@oil.gov.iq or studies.oil@gmail.com. (Source: Iraqi Ministry of Oil) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 50 view(s)
  • Wolverine's Avatar
    Yesterday, 12:35 AM
    https://www.zerohedge.com/news/2018-07-14/iraq-protesters-storm-airport-oil-offices-amidst-energy-crisis-foreign-companies Widespread protests have gripped multiple Iraqi cities for a week in response to government corruption, rising unemployment, and an electricity shortage which has left residents suffocating in soaring summer temperatures. What began as anger over a continued failing infrastructure, however, has increasingly turned into political protests and clashes with police after May 12th parliamentary elections tainted by broad allegations of fraud failed to produce a new government. And now Iraq's top Shiite cleric, Grand Ayatollah Ali al-Sistani, has weighed in publicly on the side of the protesters, stating they are facing an "extreme lack of public services". Sistani's words were issued via live television broadcast during a significant escalation in the Shia hotbed of Najaf on Friday, where hundreds of protesters stormed the city's international airport, bringing air traffic to a halt. Video showed demonstrators rushing through security barriers while chanting demands, and multiple fires were lit just outside the terminal. Iraqi police appear to have held back, as the protesters numbers were significant — possibly into the thousands according to social media footage — and were able to block key access points to the airport. State TV reported that security was restored and operations resumed as normal by late Friday. MORE HERE
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  • Screaming Eagle's Avatar
    07-14-2018, 03:34 PM
    171 replies | 4614 view(s)
  • Investors Iraq News's Avatar
    07-14-2018, 07:15 AM
    Advertising FeatureRabee Securities Iraq Stock Exchange (ISX) market report (week ending: 12th July 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD731 (-0.3%) / $784 (-0.3%) (weekly change) (-9.9% and -6.2% YTD change, respectively). The number of week traded shares was 4.9 bn and the weekly trading volume was IQD5.0bn ($4.2 mn). ISX Company Announcements The CBI signed a memorandum of understanding (MoU) with UnionPay International Company to contribute to the development of intelligent payment technologies and electronic payment services in Iraq. UnionPay is one of the largest companies in China and most Asian countries in this field, in addition to being the third largest international company to issue and collect cards. The CBI notes that this is the third memorandum signed by the bank in 2018 with international card companies as part of its plans to expand the use of high technology to promote card work and develop payment systems in accordance with international best practice. (CBI) UK-based ONEm is partnering with Asiacell (TASC) to bring unlimited news and entertainment content from Reuters to Iraq. Asiacell subscribers can now exclusively access global news on any mobile device for 600 IQD per week. The Reuters service provides full coverage of real time news and entertainment content in Arabic delivered by SMS. (Iraq Business News) Al_Rabita Al_Maliya Co (MTRA) will hold a joint GA with (Bilad Al-Sham for Money Transfer and Al-Shariq for Money Transfer) on Jul. 26, 2018 to discuss merging these three companies and deciding to change the company from a Money Transfer company into an Islamic Bank according to CBI’s approval. Iraqi for Tufted Carpets (IITC) will hold an AGM* on Jul. 25, 2018 to discuss and approve 2017 annual financial results. ISX will suspend trading of IITC starting Jul. 22, 2018. National Bank of Iraq (BNOI) will hold an AGM* on Jul. 23, 2018 to discuss and approve 2017 annual financial results. ISX will suspend trading of BNOI starting Jul. 18, 2018. International Development Bank for Investment (BIDB) will hold an AGM* on Jul. 18, 2018 to discuss and approve 2017 annual financial results. ISX will suspend trading of BIDB starting Jul. 15, 2018. Iraqi Middle East Bank (BIME) completed their legal amendment of article (six) on Jul. 3, 2018 to decrease the number of BoDs from 7 members to 5 original members and other 5 alternative members. Cross Transactions: 510 mn shares of Cihan Bank for Islamic & Finance (BCIH) on Jul. 8 and Jul. 11, 2018, which represent 0.2% of BCIH capital. Source: Iraq-BusinessNews.com. Post your commentary below.
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  • Screaming Eagle's Avatar
    07-13-2018, 07:19 PM
    Funny, Funny, Funny, Strzok video!!! https://www.westernjournal.com/ct/watch-guys-reactions-behind-strzok-absolutely-stole-show/
    171 replies | 4614 view(s)
  • Wolverine's Avatar
    07-13-2018, 04:49 PM
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  • Investors Iraq News's Avatar
    07-13-2018, 01:04 PM
    Following the earlier announcement that Philip Dimmock will retire and thus not seek re-election at today’s Annual General Meeting, Gulf Keystone Petroleum (GKP) has announced the appointment of Martin Angle as Senior*Independent Non-Executive Director with effect from Monday 16th July 2018. Mr Angle has had a distinguished executive career across investment banking, private equity and industry. His previous roles include senior positions*with*SG Warburg & Co. Ltd, Morgan Stanley,*Dresdner Kleinwort Benson,*as well as*the Group Finance Director at*TI Group plc, then a FTSE100 company. More recently, he spent time at Terra Firma Capital Partners where he held various senior roles in its portfolio companies.*As a*Non-Executive Director*he has*served*on a number of Boards including Savills plc, where he was the Senior Independent Director, National Exhibition Group (Chairman), Severstal, and Dubai International Capital. He*currently chairs the Remuneration Committee*and is a member of the Audit, Nomination and Sustainability Committees*at Pennon Group, a FTSE 250 company. On joining the GKP Board following the Annual General Meeting, Mr Angle will also succeed Philip Dimmock as Chairman of the Remuneration Committee and join the Audit and Risk Committee. Jaap Huijskes, Gulf Keystone’s Non-Executive Chairman, said: “We are very pleased*to welcome Martin Angle to the Board.*Martin*brings a depth of financial, commercial and boardroom experience to the Company and we look forward to his support and counsel at this exciting time as we prepare to invest to increase production at Shaikan. “On behalf of everyone at the Company, we would*also*like to thank Philip Dimmock for his considerable contribution to the Board since his appointment; he leaves the Company at a time when the Company has strengthened considerably.“ (Source: GKP) Source: Iraq-BusinessNews.com. Post your commentary below.
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  • Investors Iraq News's Avatar
    07-13-2018, 10:59 AM
    Iraq Britain Business Council and Iraq’s Ministry of Higher Education and Scientific Research sign Memorandum of UnderstandingThe Iraq Britain Business Council (IBBC) signed a Memorandum of Understanding (MoU) with Iraq’s Ministry of Higher Education and Scientific Research at the IBBC Cumberland Lodge Retreat on 7 July. The memorandum was signed by Baroness Nicholson of Winterbourne, President of IBBC and H.E. Dr Abdul Razzaq Al-Issa, Iraqi Minister of Higher Education and Scientific Research. The singing was supported and witnessed by Ambassador Jon Wilks CMG, Her Majesty’s A mbassador to the Republic of Iraq and Dr Nahi Al-Rikabi, the Iraqi Cultural Attaché to London. The memorandum details the commitment of both parties to work together in a constructive and progressive way to further enhance links between Iraqi and UK institutions of higher education. The partnership is a further boost to the IBBC’s efforts to support initiatives between UK universities and Iraqi institutions of higher education. IBBC has three British Universities within the council; Bath Spa University, University of Northampton and University of Leicester, who are all active within Iraq and aiming to increase their activities in the country. Mosul University has also recently joined the Council as IBBC continue to expand its Education & Heritage Sector Table. (Source: IBBC) Source: Iraq-BusinessNews.com. Post your commentary below.
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    07-13-2018, 10:59 AM
    By John Lee. The United Nations has advertised new positions in Iraq: National Consultant on Gender Programmatic Review, UNICEF – United Nations Children’s Fund Senior Security Risk Management Advisor, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Head of Projects, UNOPS – United Nations Office for Project Services Associate Programme Support Officer, UNOPS – United Nations Office for Project Services Database/Data Entry Consultant, Danish Refugee Council (DRC) (Source: UN) (Picture: Finger pressing a new career start button, from Olivier Le Moal/Shutterstock) Source: Iraq-BusinessNews.com. Post your commentary below.
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    07-13-2018, 10:59 AM
    By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Child Protection Officer (GBV), UNICEF – United Nations Children’s Fund Operation Specialist, UNICEF – United Nations Children’s Fund Civil Society Initiatives Assistant, ICMP – International Commission on Missing Persons Civil Society Initiatives Officer, ICMP – International Commission on Missing Persons Business Development and Fundraising Coordinator, Oxfam Policy and advocacy Advisor, Oxfam Senior HR Manager, Oxfam International Crisis Management Advisor, UNDP – United Nations Development Programme (Source: UN) (Picture: Success, growth, career, development signpost from 3D_Creation/Shutterstock) Source: Iraq-BusinessNews.com. Post your commentary below.
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    07-13-2018, 10:59 AM
    From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Dozens of people demonstrate in the southern Iraqi port city of Basra, four days after security forces opened fire killing one person during a protest against unemployment. View on YouTube Source: Iraq-BusinessNews.com. Post your commentary below.
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  • Wolverine's Avatar
    07-12-2018, 07:45 PM
    171 replies | 4614 view(s)
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    07-12-2018, 02:49 PM
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    07-12-2018, 10:55 AM
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    07-12-2018, 10:54 AM
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    07-12-2018, 09:48 AM
    By John Lee. Protestors took to the streets of Basra for the fourth day on Wednesday, protesting the killing of a demonstrator by security forces, and demanding jobs and public services. According to AFP, protesters also blocked the road leading to the oilfields of West Qurna, while international oil companies (IOCs) have reportedly moved senior staff out of the area for their security. On Tuesday, the Cabinet approved measures to improve the delivery of essential public services in Basra province, with a focus on improving the supply of electricity to homes and businesses. It also “instructed Iraq’s embassies, consulates and all border entry points to apply new visa and residency fees for foreign nationals seeking to enter Iraq“. The Cabinet voted to establish a specialist committee staffed by teams from the Planning and the Construction & Housing Ministries to assess the value of resuming several incomplete or suspended projects, and instructed the Ministry of Finance to speed up the allocation of funds for projects that are deemed suitable for completion. Meanwhile, Oil Minister Jabar Ali al-Luaibi ordered “secondary contractor companies in West Qurna oil field to provide new jobs for the citizens of the neighbor towns near to the field“, and to “provide additional jobs for the citizens of Shatt Al-Arab district and the other towns“. “Otherwise“, he added, “the Ministry will take the appropriate procedures towards the companies that violates the directions“. (Sources: AFP, Iraqi Cabinet, Ministry of Oil) (Picture credit: Ahmed Mahmoud) Source: Iraq-BusinessNews.com. Post your commentary below.
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    07-12-2018, 09:48 AM
    UK-based ONEm is partnering with Asiacell to bring unlimited news and entertainment content from Reuters to Iraq. Asiacell subscribers can now exclusively access global news on any mobile device. The #Reuter service provides full coverage of real time news and entertainment content in Arabic delivered by SMS. Users interact with the #Reuter service menu by SMS and receive their chosen category of news and entertainment content from returned SMS, enjoying unlimited use of the service for 600 IQD per week. (Source: ONEm) Source: Iraq-BusinessNews.com. Post your commentary below.
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    07-12-2018, 03:52 AM
    By John Lee. On Wednesday, “as requested by the Iraqi government“, NATO launched a new training mission in Iraq. Canada has agreed to lead the*non-combat mission of several hundred trainers. NATO Secretary General Jens Stoltenberg said: “We will also establish professional military schools and academies for the Iraqi forces”. (Source: NATO) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 92 view(s)
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    07-12-2018, 03:52 AM
    IBBC holds annual Cumberland Lodge Conference with Political, Academic, Education and Business Experts, 6-8 JulyThe Iraq Britain Business Council hosted its annual Cumberland Lodge Retreat on 6-8 July, inviting a host of political, business, academic and education experts to discuss the most pertinent issues relating to Iraq and its future. The title of the conference was ‘Iraq: Domestic Expectations & Geopolitical Aspirations’ and addressed a variety of issues on regional politics, election diagnosis and the future of higher education in Iraq. On Friday members and guests heard speeches from Baroness Nicholson of Winterbourne, President of IBBC and the Prime Minister’s Trade Envoy to Iraq, Dr Edmund Canon Newell, Principal of Cumberland Lodge, Mr Nazar Mirajan Mohammed, Minister Plenipotentiary Iraq Embassy and Sara Akbar, Founder Member of IBBC, Kuwait Government Adviser and CEO of new IBBC member OiLSERVE. The conference also featured in-depth discussions with high level representatives from the Government of Iraq, including Dr Abdul Razzaq Al-Issa, Minister of Higher Education and Scientific Research, Dr Adbul Kariem Al Faisal, Chairman of the PM’s Advisory, Dr Dara Rasheed, Deputy Minister for Construction, Housing and Municipalities and Deputy Head of Refaato and Dr Salah Hadi Saleh Alhashim, DG for Scholarships at he Ministry of Higher Education and Scientific Research. Agenda & Speakers Session 1: Present Situation in Iraq Chair: Baroness Nicholson of Winterbourne Dr Barham Salih MP, Coalition for Democracy, Jon Wilks CMG (tbc), HM Ambassador to Iraq, Dr Renad Mansour, Research Fellow, Chatham House, Professor Toby Dodge, Director Middle East Centre, LSE Session 2: Iraq in a Regional Perspective Chair: Dr Renad Mansour, Research Fellow, Chatham House Sara Akbar, CEO Oil Serve Kuwait Session 3: China and Iraq Chair: Botan Osman, Managing Director, Restrata Raffaello Pantucci, Director of International Security Studies, RUSI Session 4: IMF view on Iraq Chair: Gavin Wishart, Board Member, IBBC Gavin Gray, Mission Chief for Iraq, IMF Session 5: Partnerships between British and Iraqi Universities Chair: Dr Victoria Lindsay, Director British Council Iraq Professor Obay Al Dewachi, President of Mosul University, Professor Nick Petford, Vice Chancellor, Northampton University, Professor Mohammed Al Uzri, Honorary Professor with Social and Epidemiological Psychiatry Research Group, Leicester University, Professor John Strachan, Vice Chancellor, Bath Spa University On Saturday 7, an after dinner speech was given by Dr Mohammed Jasim, Library Director of Mosul University, who gave an impassioned presentation on the progress made in rebuilding the university’s dilapidated library. IBBC would like thank the staff at Cumberland Lodge, all speakers and delegates who contributed to the extremely fruitful discussions, and to its members, with representatives attending from Al Burhan Group, Al Nukbha OFS, Bath Spa University, BP, Olive Group, Eversheds Sutherland, G4S, KBR, Menzies Aviation, Mosul University, Najaf Chamber of Commerce, OiLSERV, Penspen, Perkins+Will, Petrofac, Restrata, Serco, Shell, TurnKey LLC, University of Leicester, University of Northampton and Wood. (Source: IBBC) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 97 view(s)
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    07-12-2018, 01:37 AM
    From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A group of Mosul residents celebrates, as the Iraqi city marks one year since pro-government forces recaptured it from the Islamic State group. View on YouTube Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 93 view(s)
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