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More Firms Pre-Approved for Nassiriya Bid

By John Lee. Iraq has selected five additional international oil companies to bid for the development of its $4.4-billion Nassiriya oil field and the construction of a new 300,000 bpd refinery, reports...

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Minister Zebari Meets UAE Ambassador

Foreign Minister Hoshyar Zebari held a meeting with the Ambassador of the United Arab Emirates, Mr. Abdullah Ibrahim Al-Shehhi, at the Ministry’s head office on Wednesday. During the meeting, they...

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Gulf Precast Builds 65 Schools in Iraq

UAE-based Gulf Precast has signed a contract to build 65 precast schools in various locations in Central Iraq. The design of the schools and their boundary walls has already been finalised. While the...

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RAK Airways to Open Najaf Route

By John Lee. RAK Airways will start flying to Najaf early next month, the carrier told Khaleej Times. The airline, which is celebrating its third anniversary, said that Najaf will be its first entry...

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Dana Begins Arbitration Proceedings On Kurdish Contract

By Matthew Gayle. According to Iraq Oil Report, the consortium managing the only producing natural gas field in Iraq’s autonomous Kurdistan region is taking the Kurdistan Regional Government (KRG) to...

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Rotana Names New Karbala Management Team

Abu Dhabi-based Rotana, a leading hotel management company, announced the general manager and other senior appointments for its new property in Iraq, the five-star Karbala Rayhaan by Rotana. General...

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Next Iraq Club Event

The Iraq Club is a business-focussed forum run by people who understand the nature of doing business in Iraq. This exclusive network brings together senior professionals to share experiences of working...

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Downtown Erbil “a Milestone” for Kurdistan

Prime Minister Nechirvan Barzani kicked off the nearly-$3-billion “Downtown Erbil” project on Sunday, calling the venture that is estimated to create 35,000 jobs and transform the face of the Kurdish...

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MAG Boosts Iraq Shipping Capacity by 60%

By John Lee. Dubai-based MAG Container Lines (MCL), a division of the multinational MAG Group, has added three new automated vessels to its existing fleet on the UAE-Iraq route. According to the report...

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Iraqi Embassy in Abu Dhabi Opens

By John Lee. Foreign Minister Hoshyar Zebari has opened the new Iraqi embassy in Abu Dhabi , capital of the brother United Arab Emirates with the participation of His Highness Sheikh Abdullah Bin Zaied...

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Iraq’s Cihan Bank To Open UAE Branch

Cihan Bank, a leading private sector Islamic bank from Iraq, is planning to set up a representative office in the UAE and has plans to enter into tie-up with leading UAE banks, according to reports...

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Dubai Chamber to Open Office in Kurdistan

By John Lee. Dubai Chamber of Commerce and Industry (DCCI) plans to open an office in Iraqi Kurdistan during the first quarter of 2014. Hamad Buamim (pictured), DCCI president and CEO, told Gulf...

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Bristol VMD Delivers Emergency Vehicles to Iraq

Abu Dhabi’s Bristol Vehicle Manufacturing Division (Bristol VMD) has announced it has rolled out seven new fire-fighting and emergency response vehicles as part of a multimillion-dollar contract with...

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Containerised Cargo using Shatt Al Arab

NAWAH Port Management (NPM), a business unit of North America Western Asia Holdings (NAWAH), has completed the offloading of the third container vessel running weekly service between the United Arab...

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Dragon Oil Spuds Iraqi Well

By John Lee. Dubai’s Dragon Oil reports that it has spudded an exploration well using a drilling rig from the Iraqi Drilling Company. The well is targeting two prospective reservoirs, and testing is...

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UAE Firm “in Negotiations” on Business Park

Dubai Investments PJSC [DI] has announced that Dubai Investments International – its wholly-owned subsidiary targeting overseas expansion, is currently tapping into business opportunities in Africa...

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Opportunities in Islamic Finance Sector

Dubai Chamber of Commerce and Industry has urged Iraqi banks and financial companies to expand their networks within the Islamic economy through Dubai which is working hard towards becoming the...

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UAE Assures Project Implementation in Kurdistan

The United Arab Emirates Deputy Minister of Economy and Trade, Abdullah Saleh, visited the Kurdistan Region this week to attend the 2014 TradeUAE Iraq conference in Erbil. The conference included 115...

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KRG Rejects Dana Gas Statement on Payments

By John Lee. The Kurdistan Regional Government (KRG) has rejected a statement by Abu Dhabi-listed Dana Gas to the effect that the London Court of International Arbitration had awarded the company the...

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Emirates to Reroute Flights

By Patrick M Schmidt. Sir Tim Clark, Chief Executive of Emirates Airlines, has announced that the airline would no longer allow its own aircraft to fly over Iraq. This statement comes as a reaction to...

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