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  • Wolverine's Avatar
    Today, 01:41 PM
    387 replies | 12750 view(s)
  • Investors Iraq News's Avatar
    Today, 11:26 AM
    The coalition continues to help forces in both Iraq and Syria establish security and stability in areas that have known nothing but oppression since the Islamic State of Iraq and Syria reared its head five years ago, the spokesman for Operation Inherent Resolve said on Tuesday. Speaking to Pentagon reporters from Baghdad, Army Col. Sean Ryan noted that Iraqi forces are working together across the country to rid the nation of the last remnants of the terrorist group. “The various security elements — to include the , the peshmerga, counterterrorism services and the federal police — are all working together to continue securing their country,” he said. In Ninevah province, Iraqi forces continue to find and disarm improvised explosive devices and continue to root out ISIS holdouts. In the mountains of Kirkuk, the Iraqi federal police and the Kurdish peshmerga work together to secure remote villages. Out west, in Anbar province, border security forces continue to prevent ISIS fighters from streaming into the country, the colonel said. “For its part, the coalition is … enabling the efforts to secure Iraq by advising strategic leaders, training thousands of Iraqi service members and divesting equipment they need to effectively secure their country,” he said. Coalition members also continue to train Iraqi forces. Since the effort started in 2015, coalition forces have trained more than 175,000 Iraqis in basic soldier skills and specialized fields such as intelligence, law enforcement, medical support and aviation. Syria In Syria, the picture is more complex and dangerous. Ground operations for Phase 3 of Operation Roundup have begun, and Syrian partner forces continue clearance of the Middle Euphrates River Valley, Ryan said. “Hajin and the surrounding villages are the last remaining territory acquired by ISIS in the coalition’s area of responsibility, and the victory by the Syrian Democratic Forces there will mean that ISIS no longer holds territory,” he added. ISIS fighters are trying desperately to hang onto the territory, and hard fighting lies ahead, the colonel told reporters. “Despite this, we are confident that the SDF will prevail,” he said. In Tanf earlier this month, Marines conducted training to reinforce partner forces, he said. “The coalition has supported the SDF through air support, as well as training and equipment,” Ryan said. “Additionally, in liberated areas, the coalition trained internal security forces to maintain the peace and security in liberated cities, provide basic law enforcement support, as well as specialized services such as counter- and engineering.” Ryan noted changes in Iraq as Army Lt. Gen. Paul J. LaCamera assumed command of Combined Joint Task Force Operation Inherent Resolve from Army Lt. Gen. Paul E. Funk II. Ryan said the military stabilization efforts are going well, but are not enough. “Security creates the space for rebuilding,” he explained. “Residents only gain hope for the future when their children can go to school free from harm, women go buy basic necessities in local shops, and when they can go to their jobs that allow them to support their families. Ultimately, the military cannot fight its way to stability.” The cost of reconstruction is high, with estimates of rebuilding Mosul — Iraq’s second-largest city — pegged at $100 billion. “We call on all nations to help those who have sacrificed tremendously fighting this global threat,” Ryan said. (Source: US Dept of Defense) Source: Iraq-BusinessNews.com. Post your commentary below.
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  • Investors Iraq News's Avatar
    Today, 11:26 AM
    By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Tension is rising in the*conflict*between embattled*Iraqi Prime Minister Haider al-Abadi and the Popular Mobilization Units (PMU),*as the United States and Iran vie for influence in the*new government that lawmakers are struggling to form*in Baghdad. Legislators are still arguing over which coalition of political parties holds the majority of*parliament seats; the top group will select the new Cabinet. The United States would like to see Abadi appointed for a second term as prime minister, but he is strongly opposed by members of the Fatah Alliance, which includes pro-Iranian factions of the PMU. Anti-Abadi sentiment is escalating, compounded by rioting in Basra —*even as Abadi announced Sept. 13 he would immediately begin implementing*development projects*to help remedy the dire situation there. Basra, Iraq’s main port,*is suffering from a lack of basic services. Tens of thousands of citizens have filled hospitals, sickened by drinking water that is heavily polluted and high*in salinity. Abadi promised a new water-pumping system as well as filtration projects. Click here to read the full story. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 13 view(s)
  • Investors Iraq News's Avatar
    Today, 11:26 AM
    Leader of Iraq’s Badr Organization Hadi al-Amiri withdrew his candidacy for prime minister on Tuesday, putting the country one step closer to forming a government after months of political stagnation. Amiri heads the Fath (Conquest) Alliance, an electoral bloc which came in second in May’s national election. His coalition has been vying to build the largest bloc which would form the government, with him as prime minister. “I would like to announce to the dear Iraqi people the withdrawal of my candidacy for prime minister, to open the way for serious dialogue to elect a prime minister and his government according to the vision of the Supreme religious authority,” he said in a news conference, Reuters reported. Amiri’s Alliance has been in advanced talks with cleric Moqtada al-Sadr to form a new alliance in recent days. (Source: Tasnim, under Creative Commons licence) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 10 view(s)
  • Investors Iraq News's Avatar
    Today, 11:26 AM
    In an effort to make quality secondary education more accessible in Iraq, Ericsson has partnered with Zain Iraq to bring its ‘Connect to Learn’ global education initiative to the country, with its initial deployment set for a school in Baghdad. The initiative aims to scale up quality secondary education for students and teachers by providing ICT infrastructure with mobile broadband, open source, and cloud-hosted learning solutions to facilitate connected learning in underserved schools. Ali Al Zahid, CEO, Zain Iraq, says: “Education is one of the most valuable investments we can make in society, and in our future. It is a universal human right – and in the digital era, where ICT has the ability to reach every corner of the globe, there is no excuse for quality secondary education to be inaccessible. “By partnering with Ericsson to bring ‘Connect to Learn’ to schools in Iraq, we are uplifting our communities and empowering them to reach their full potential. We look forward to introducing this initiative in Baghdad and watching it unfold as we move forward.” With the modern technology and solutions offered through ‘Connect to Learn’, ICT solutions become a cost-effective method for rural and limited-resource schools as a means of delivering quality education for students and teachers alike. Cloud technology enables support and maintenances tasks to be handled externally and remotely, which simplifies the user experience and enables teachers to focus on education. The system is also designed to be easily used and understood by teachers with limited IT competence, inspiring confidence and capability in them as educators. Rafiah Ibrahim, Head of Ericsson Middle East and Africa, Ericsson says: “When a girl receives quality education, she will earn a decent living, raise a healthy, educated family, and improve the quality of life for herself, her family, and her community.* The ‘Connect to learn’ initiative aims to ensure that girls have access to quality education, regardless of their location or other limitations. * “We look forward to continue working with Zain Iraq to leverage our technology and the expertise of our employees to make a positive impact in Iraq.” *The ‘Connect to Learn’ initiative was launched in 2010 and is currently deployed in 25 countries, benefitting more than 120,000 students and engaging 16 mobile operators. (Source: Ericsson) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 8 view(s)
  • Investors Iraq News's Avatar
    Today, 11:26 AM
    In line with Iraq’s goal to improve the efficiency and availability of the country’s power plants, Siemens will provide inspection and upgrade services for two power generation units at Al-Sadder Power Plant. Located in Baghdad, the 600-megawatts (MW) facility is one of the country’s major power plants that currently supplies approximately 600,000 homes with power. The works will be conducted as part of a new contract between Siemens’ Power Generation Services Division and the Ministry of Electricity. Under the agreement, Siemens will overhaul two SGT5-2000E gas turbines and perform its advanced 3-dimensional turbine blades and vanes (Si3D) upgrade. The Si3D upgrade is designed to improve power output and thermal efficiency through a combination of 3D aerodynamic design, cooling improvements, and advanced materials. These will help the power assets at Al-Sadder to generate enough power to supply an additional 100,000 homes with electricity. “Siemens has been a development partner to Iraq for over 80 years. We are committed to supporting the country to strengthen its power infrastructure by offering innovative services that can be instrumental in upgrading existing facilities,” said Gianluigi Di Giovanni, Senior Executive Vice President of Siemens Power Generation Services in the Middle East and North Africa. “The latest upgrade and maintenance services at Al-Sadder, provided in collaboration with the Ministry of Electricity, will bring additional power to households, public buildings and industries.” In addition to increasing the power output, the upgrade project will improve the efficiency of the turbines by up to 2 percent, resulting in significant fuel savings and reduced CO2 emissions. The agreement also includes the plant’s SPPA-T3000 control system, the supply of anti-virus solutions as well as the support from Siemens’ Remote Expert Center, which is a 24/7 online maintenance support service, enabling more efficient fault diagnosis and troubleshooting. The latest project at Al-Sadder plant follows a series of service agreements with Iraq’s Ministry of Electricity to carry out critical service and maintenance works at six power plants throughout the country. Once completed, the upgraded units will add 1,350 MW to the national grid, enough to supply approximately 20 million Iraqis with reliable electricity. (Source: Siemens) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 8 view(s)
  • Investors Iraq News's Avatar
    Today, 11:26 AM
    The Iraqi Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Haider Al-Abadi. The Cabinet: discussed public services in Basra, and received briefings on federal and local efforts to improve water and other essential services in the province. received briefings on delivery of essential services in other regions of Iraq, with a focus on southern provinces. discussed maintenance and upgrade works to several key bridges in Dhi Qar, Al-Muthana and Babylon provinces, and authorised the Ministry of Construction, Housing and Municipalities to take the necessary measures to complete these projects. discussed internet and telecommunications services in Iraq and voted to merge the State Company for Internet Services and Iraqi Telcommunications and Posts Company (ITPC) into one new company to be known as The General Company for Communications and Informatics. The Cabinet also discussed the draft federal budget law for next fiscal year. (Source: Iraqi Govt) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 10 view(s)
  • dollarsign's Avatar
    Today, 09:25 AM
    September 19, 2018 His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail participated in the meeting of the forty-second session of the Board of Governors of Arab Central Banks and Arab Monetary Institutions in the Jordanian capital Amman and under the patronage of the Prime Minister of the Hashemite Kingdom of Jordan. observers from the League of Arab States, the General Secretariat of the Cooperation Council for the Arab States of the Gulf, the Union of Arab Banks, Middle East and North Africa, as well as the presence of Arab executives at the IMF and the World Bank and the Director General of the Bank for International Settlements. No, the CBI will not act unilaterally. There will be coordinated action. $
    138 replies | 22282 view(s)
  • Wolverine's Avatar
    Today, 01:57 AM
    387 replies | 12750 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 03:24 PM
    BP, Shell, Basra Gas Company, LUKOIL, Petronas and Chevron discuss Basra’s oil and gas megaprojectsThe 5th annual CWC Basra Megaprojects Conference – Oil, Gas & Environment will be held from 9-10 October in Istanbul, Turkey chaired by the EU Ambassador to Baghdad, Ramon Blecau. In a show of support for the rebuilding of Iraq, Ambassador Blecau and industry experts will highlight the business opportunities available in the resource-rich South of Iraq with the aim of driving more investment to develop the country’s industrial infrastructure. The conference takes place under the patronage of Basra’s Governorate, Council and oil company and looks to find solutions to the challenges of Basra’s oil and gas megaprojects and increasing Iraq’s oil and gas production, as well as highlighting the upcoming infrastructure projects for: gas, water, electricity and environment. All the major operators will be participating in discussions including: BP, Shell, Basra Gas Company, LUKOIL, Petronas and Chevron. Further to these discussions, there will be a strong focus on Iraq’s environment and how to build a legislative framework to tackle Basra’s environmental issues; tackling all types of challenges including the demining projects. New technology will play a significant role in achieving operational excellence in the execution of Iraq’s projects; whilst Iraq’s new generation of workforce are eager to embrace the technologies, the conference will touch upon the training programmes that are imperative for helping Iraqis compete for job opportunities and increase the role of the Iraqi local workforce in the execution of the latest projects. Water and desalination projects will be the centre of discussion on the second day of the conference as well as the electricity requirements for such projects and ideas for renewable projects in Iraq. Gas and petrochemical projects will also be covered by industry experts, which will be instrumental in creating new jobs for Iraqis but raise further questions on how the environment can be preserved during these processes. During the conclusion of the Conference, all the available tenders for the new projects will be outlined. The interactive networking sessions will be at the centre of the conference with great number of functions including the Gala Dinner at the end of the first day of the Conference. The achievements of individuals in environmental technology projects will also be celebrated at the Environmental Awards Ceremony, which will take place during the Gala Dinner with awards being given out by the Iraqi delegation. We look forward to seeing everyone at the Intercontinental Istanbul from 9-10 of October. To download the latest programme, please visit www.cwcbasraoilgas.com/brochure-download/. Distinguished Speakers to include: Ambassador Ramon Blecua, Ambassador / Head of Delegation, Delegation of the European Union to Iraq • HE Kameran Ali Hassan, Deputy Minister of Environment, Ministry of Environment, Federal Government of Iraq •****** HE Asaad Abdulamir Abdulghafar Al – Idan, Governor of Basra, Federal Government of Iraq •****** HE Engineer Mohammed Al Tamimi, First Deputy Governor of Basra, Governorate of Basra, Federal Government of Iraq •****** Ihsan Abduljabbar Ismaael Al – Saade, Director General of the Basra Oil Company, Ministry of Oil, Federal Government of Iraq •****** HE Dara Reshid, Deputy Minister, Deputy Head of Reconstruction Fund for Areas Affected by Terroristic Operations (REFAATO), Ministry of Construction, Housing & General Municipalities, Federal Government of Iraq •****** HE Ali Dawai Lazem, Governor of Maysan, Federal Government of Iraq •****** Nafaa Abdulsada Ali Al-Hmidawi, Director General of Training & Development Office, Ministry of Electricity, Federal Government of Iraq •****** Mohammed Hashim, Director General of Electricity Distribution, Ministry of Electricity, Federal Government of Iraq MP Dr Jamal Abdul-Zahra Muhammadawi, Member of the Parliament Representing Basra, Federal Parliament of Iraq •****************** Kevin J. Kveton, Ph.D.Director, Iraq Exploration & Business Development, Chevron* Europe, Eurasia & Middle East Exploration & Production •****** Zaid Elyaseri, Country Manager, BP Iraq •****** Dr Mark Wharton, Development & JV Manager Shell Iraq, Shell EP International Ltd. •****** Abd Malik Jaffar, Iraq Country Chairman, PETRONAS Carigali Iraq Holding B.V. •****** Yaroslav Okulov,* Financial Director, LUKOIL Mid-East Ltd •****** Dr Jaafar Oklany, Commercial Director, Basrah Gas Company View the full list of speakers here: http://www.cwcbasraoilgas.com/speaker/ The renowned Conference will address opportunities, projects and tenders in each one of these industries through its 2 day Strategic Programme. Attendees can expect the following topics to be discussed: Current updates on Basra’s oil fields Iraq’s Environment Infrastructure for Upstream Oil & Gas Projects ( Technology Showcasing- upstream activities suppliers, pipelines suppliers, demining technologies, logistics suppliers, security suppliers ) & Training on the New Skillsets Finance, Laws & Regulations & Procurement Water Projects: Increasing Efficiency for the Oil & Gas Projects Electricity Expansion & Renewables for the Oil & Gas Projects Gas & Petrochemicals Energy Tenders Announcements; Downstream, Midstream, Petrochemicals & Electricity projects View the full programme here: www.cwcbasraoilgas.com/brochure-download/ (Source: CWC) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 32 view(s)
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