August 6th, 2018 | 0 commentsIraq has approved a proposal which would mean 50 per cent all staff in foreign companies would need to be made up of local workers, Al-Khaleej Online reported yesterday. “The companies and ministries which do not abide by this decision would bear the legal responsibility for their violations which include fines,” head of the Foreigners’ D...
August 6th, 2018 | 0 commentsIraq’s election commission ignored an anti-corruption body’s warnings about the credibility of electronic vote-counting machines used in May’s parliamentary election, according to investigators and a document seen by Reuters. The devices, provided by South Korean company Miru Systems under a deal with the Independent High Elections Commis...
August 1st, 2018 | 0 commentsAsiacell boss Faruk Mustafa Rasool (pictured) has announced a $1.6-billion investment in a new tourist city on Kurdistan’s Lake Dukan. According to the report from Rudaw, the 3,250-hectare complex will include accomodation, two cable cars, an island, “and many other interesting places”. The Kurdistan Regional Government (KRG) approved the...
August 1st, 2018 | 0 commentsThe US Special Presidential Envoy for the Global Coalition to Defeat Daesh, Brett McGurk, and the outgoing Iraqi Parliament Speaker, Salim Al-Jubouri, have discussed efforts to form the new government. In remarks to the Anadolu Agency, Al-Jubouri’s adviser Abdul-Malik Al-Hosseini said: “The former parliament speaker met on Sunday in Baghd...
August 1st, 2018 | 0 commentsMuqtada al-Sadr’s Sairoon bloc has reached an understanding with a handful of political parties regarding the formation of a majority bloc in parliament which would then be tasked with drawing up a new government, a Sairoon spokesman said Tuesday. “The alliance has come to an understanding on the formation of a majority bloc in parliament...
July 25th, 2018 | 0 commentsAPL has announced that the Gulf Asia Express 2 (GA2) service will soon be calling the port of Umm Qasr. The service will also make a second call to Jebel Ali during the return leg of its service rotation to Asia. These developments demonstrate APL’s commitment to continuously provide market connectivity between the Far East and Middle Eas...
July 25th, 2018 | 0 commentsIraq’s Ministry of Oil has announced final oil exports for June of 105,640,161 barrels, giving an average for the month of 3.521 million barrels per day (bpd), an increase from the 3.490 bpd exported in May. These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. Revenues for the month w...
July 25th, 2018 | 0 commentsCombined Joint Task Force Operation Inherent Resolve and its partners have accelerated offensive activity against Islamic State of Iraq and Syria targets in designated parts of Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Between July 16-22, coalition military forces conducted 24 strikes, consis...
July 18th, 2018 | 0 commentsDNO ASA, the Norwegian oil and gas operator, today announced a two-thirds increase in production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 25,000 barrels of oil per day (bopd) following completion of the Peshkabir-4 well testing program. The well has been placed on production at a rate of 10,000 bopd...
July 18th, 2018 | 0 commentsIraqi forces, including peshmerga troops, conducted coordinated clearance operations July 16 to eliminate the Islamic State of Iraq and Syria presence in Iraq, Combined Joint Task Force Operation Inherent Resolve officials announced today. Iraqi forces, with coalition support, successfully cleared a ISIS safe haven in the region of the Ma...
