Iraqi Business News- August Edition

[pokerplayer]

US Firm wins $31m Iraq Training Deal 08-14-2019 20:53:33 PM By John Lee. Spartan Air Academy Iraq LLC, Irving, Texas, has been awarded a $31,477,060 task order, against indefinite-delivery/indefinite-quantity contract for continued Air Academy training in support of the Iraqi Air Force. Work will be performed at Balad Air Base, Iraq, and is expected to be completed by July 8, 2020. This award is the [...]...» Iraq Contributes to Strong Results at ICTSI 08-14-2019 20:52:08 PM By John Lee. Shares in Philippines-based International Terminal Container Services Inc. (ICTSI), which operates the Basra Gateway Terminal (BGT) (pictured) at the port of Umm Qasr, have closed up more than 6 percent on Wednesday following a strong set of results. The company said in a statement: "Net income attributable to equity holders of US$128.5 [...]...» Al-Sumoud Refinery unaffected by Fire 08-14-2019 20:51:03 PM By John Lee. Iraq's Oil Ministry has confirmed that the Al-Sumoud refinery in Baiji is operating at capacity, following a fire in the area. The director general of the North Refineries Company (NRC), Qassem Abdul Rahman, said the fire was near the refinery but not in it. He pointed out that: "The fire that broke [...]...» Atrush Block drives Production Gains at TAQA 08-13-2019 20:52:16 PM By John Lee. Abu Dhabi National Energy Company PJSC (TAQA) has announced that the group's oil and gas business delivered strong performance with an 11% increase in revenue, mainly driven by increased production volumes from its assets in Europe and Iraq. In its financial results and operational highlights for the six-month period ending June 30, [...]...» Iraq "closes Mandali Border Crossing with Iran" 08-13-2019 20:51:04 PM By John Lee. The Mandali border crossing between Iraq with Iran has reported been closed following an order from Iraqi Prime Minister Adil Abdul Mahdi's office. Reports say the move was in response to allegations of corruption and mismanagement. (Source: hathalyoum)...» Local Dried Fruits Difficult to Sell in Kurdistan 08-12-2019 20:52:18 PM Fruit prices plummeted considerably during the summer harvest season in the Kurdistan Region, so much so that the price of harvesting the fruits and transporting them to wholesale markets sometimes outweighs their sale price. In the past, farmers used to dry these fruits and sell them that way to make a profit. But nowadays, 95 [...]...» Positive Sentiment toward Israel on the Rise in Iraq? 08-12-2019 20:51:16 PM 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. Is positive sentiment toward Israel on the rise in Iraq? Israeli Foreign Minister Yisrael Katz (pictured) expressed his gratitude to Iraqis on Facebook July 24, stating he was thankful for [...]...» New Investment Opportunities in Iraq 08-11-2019 20:52:11 PM By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Rehabilitation of 8 factories - State Company for Glass and Refractories Industry (SCGR) (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)...» Iraq achieves Self-Sufficiency in Strategic Crops 08-11-2019 20:51:16 PM By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Minister of Trade Mohammed Hashim al-Ani announced July 5 that the ministry received about 4 million tons of local wheat, a step that signals the country is ready to achieve [...]...» Market Review: "IMF Revises Growth Estimates Higher" 08-11-2019 18:14:20 PM By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market's action in July was so quiet that it turned activities like watching paint dry into spectator sports, as the start of the peak [...]...» GardaWorld Weekly Security Report 08-11-2019 05:50:22 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 [...]...» IOM Partners with Asiacell to support Economic Recovery in Iraq 08-10-2019 20:52:30 PM The ISIL conflict displaced 6 million people in Iraq, disrupted the national economy and limited employment opportunities for citizens. Sixty per cent of jobs in Iraq are in the private sector, within Small and Medium Enterprises (SMEs); very large numbers of those businesses experienced loss as a result of the conflict and need support to [...]...» Protection Cluster Service Mapping Tool in Iraq 08-10-2019 20:51:10 PM The Protection Cluster in Iraq launched a new service mapping tool "Services Advisor Platform", which is ready to use. The tool displays 252 service locations across Iraq for over 50 NGOs and UN agencies providing General Protection, GBV, Child Protection, HLP and Mine Action services. The main page of this tool can be accessed through [...]...» Iraq turns to BP, Eni for Oil Export Pipeline 08-09-2019 20:10:53 PM By John Lee. Iraq is reported to be close to reaching a deal with BP and Eni for an export pipeline project. Al Jazeera quotes senior Iraqi oil officials as saying that the project was initially planned as part of a "megadeal" with ExxonMobil. They said that under the proposed $400-million agreement, BP and Eni [...]...» Iraq Stock Market Report 08-09-2019 20:10:49 PM Advertising Feature Note: ISX will be closed starting from Aug. 11, 2019 to Aug. 15, 2019 due to the religious holiday of Eid Al-Adha. The next session will be held on Sunday (Aug. 18, 2019).  Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th August 2019). Please click here to download a table [...]...» Chinese Company signs $1.4bn Iraq Construction Deal 08-07-2019 20:23:05 PM By John Lee. A Chinese company has reportedly signed a $1.39-billion construction contract in Iraq. According to Xinhua, China Construction Third Engineering Bureau will implement civil engineering projects and infrastructure in southern Iraq, including low-cost housing, education, medical centres, and facilities projects in governorates of Najaf, Karbala and Basra. (Source: Xinhua)...» Cabinet approves Draft Law on Public-Private Partnership 08-07-2019 20:22:55 PM The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mr. Adil Abd Al-Mahdi. It approved: the recommendation of the Ministerial Energy Council on the service contract for Al-Mansuriyah oil field in Diyala province; a draft law on public-private partnership to strengthen cooperation between government agencies and the [...]...» New Career Opportunities in Iraq 08-07-2019 20:22:43 PM By John Lee. The United Nations has advertised new positions in Iraq: Budget & Programming Associate, WFP - World Food Programme Administration Officer, WFP - World Food Programme Administration Associate, WFP - World Food Programme Finance Associate, WFP - World Food Programme Grant Manager, Humanity and Inclusion (HI) Inclusive Livelihood Technical Advisor, Humanity and Inclusion [...]...» New Career Opportunities in Iraqi Kurdistan 08-07-2019 20:22:37 PM By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Business support Assistant, WFP - World Food Programme Administration Assistant, WFP - World Food Programme Programme Assistant, UNAMI - United Nations Assistance Mission for Iraq Project Assistant. UNAMI - United Nations Assistance Mission for Iraq Camp Management Officer, Danish Refugee Council (DRC) [...]...» Genel Energy declares maiden Interim Dividend 08-06-2019 20:53:50 PM Genel Energy has announced its unaudited results for the six months ended 30 June 2019. Bill Higgs (pictured), Chief Executive of Genel, said: "These results demonstrate the continued success of our strategy -highly cash generative productionunderpins capital investment in growth opportunities that deliver rapid returns and enables a compelling cash return to shareholders through our [...]...» Palestine considers Importing Fuel from Iraq 08-06-2019 20:52:56 PM By Huda Baroud for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Palestinian Prime Minister Mohammad Shtayyeh visited Iraq July 15 to discuss importing Iraqi fuel. This falls within the Palestinian Authority (PA)'s quest for gradual economic disengagement from Israel. Shtayyeh [...]...» Applications for Chevening Scholarships Now Open 08-06-2019 20:51:47 PM Chevening is the UK Government's global scholarship programme that offers future leaders the unique opportunity to study in the UK. These scholarships are awarded to outstanding professionals from all over the world to pursue a one-year master's degree in any subject at any UK university. Chevening provides fully-funded scholarships, leaving you free to focus on [...]...» Lockheed Martin in $315m Iraq Deal 08-05-2019 20:53:10 PM By John Lee. US-based Lockheed Martin Aeronautics has been awarded a $315,604,174 cost-plus-fixed-fee contract, for F-16 Contractor Logistics support Phase IV. This contract provides the contractor logistics support and establish a training detachment at Balad Air Base, Iraq, for the government of lraq. Work will be performed at Balad Air Base, Iraq; and Greenville, South [...]...» Iraq "has No Ties to Oil Tanker Seized by Iran" 08-05-2019 20:52:12 PM Iraq's oil ministry said on Sunday it has no connection with an oil tanker seized by Iran's IRGC in the Persian Gulf for smuggling fuel, a report said. "The ministry does not export diesel to the international market," the Arab country's oil ministry said in a statement, Iraqi News Agency reported. Iraq's relevant authorities are [...]...» Iraq Authorities Acknowledge Horrific Prison Overcrowding 08-05-2019 20:51:08 PM Several members of Iraq's parliament and the province's deputy governor visited prisons near Mosul, Iraq, calling what they found a "humanitarian catastrophe." This happened two days after Human Rights Watch (HRW) released research detailing the horrible conditions of the prisons, which hold terrorism suspects. Immediately after our report release, local authorities claimed Human Rights Watch's [...]...»

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[nannab]

Thanks Pokerplayer for the wealth of business information.   

[pokerplayer]

I really like this one as I can get all the news at once and can pick and chose what I open and read.

 

  Cheers, pp

[jg1]

52 minutes ago, pokerplayer said:

I really like this one as I can get all the news at once and can pick and chose what I open and read.

 

  Cheers, pp

Love it. Thanks pp

[Freedomwish]

Great info PP, many thanks and much appreciated!!