Oshkosh in $400m Equipment Deal

The US Dept of Defense has announced that Oshkosh Defense has been awarded two new contracts relating to Iraq: a $17,080,930 firm-fixed-price, multi-year foreign military sales contract (Oman, Jordan, Iraq) for 54 635NL trailers, spare parts, and manuals. Bids were solicited via the Internet with one received. Work will be performed in Oshkosh, Wisconsin, with […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 22nd Sept 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ760 (+2.5%) / $759 (+2.5%) (weekly change) (-30.3% and -33.8% YTD change, respectively). The number of week traded […]

21 New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Shelter Cluster Technical Coordinator and National Co-Chair, Norwegian Refugee Council (NRC) Head of Support, Norwegian Refugee Council (NRC) Senior Coordination Advisor, United Nations Development Programme (UNDP) International Consultant – Simplification of Work Systems and Procedures, United Nations Development Programme (UNDP) Political Affairs Officer, […]

16 New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Protection Officer, Danish Refugee Council (DRC) Protection Assistant, Danish Refugee Council (DRC) Camp Manager, Danish Refugee Council (DRC) DMU Coordinator (Data Management Unit), International Organization for Migration (IOM) Reporting and Communication officer, United Nations Office for Project Services (UNOPS) M&E Coordinator, […]

Military Strikes Target ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Saturday, Combined Joint Task Force Operation Inherent Resolve officials reported on Sunday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter […]

Will Iranian Pilgrims forsake Mecca for Karbala?

By Ali Mamouri for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News.  Saudi newspapers reported Sept. 15 that Shiites are expected to replace their pilgrimage to Mecca with religious visits to Iraq’s Karbala instead. According Al-Riyadh newspaper, Iran’s Supreme Leader Ayatollah Ali […]

Video: Kurdistan Struggles to Accommodate IDPs

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.  Iraq is facing a humanitarian crisis with more than 3 million people displaced by fighting over the past two years. Many Arabs have found sanctuary in the northern […]

CoolClownFish’s Blog – Oil Companies trim Investments in Iraq

<p><em>By John Lee.</em></p>
<p>Major oil companies including <a href=”http://www.iraq-businessnews.com/list-of-international-oil-companies-in-iraq/international-oil-companies-bp/”><strong>BP</strong></a>,<a href=”http://www.iraq-businessnews.com/list-of-international-oil-companies-in-iraq/international-oil-companies-shell/”><strong>Shell</strong> </a>and <a href=”http://www.iraq-businessnews.com/list-of-international-oil-companies-in-iraq/international-oil-companies-lukoil/”><strong>Lukoil</strong> </a>are reported to be cutting investment in Iraq.</p>
<p>“<em>You’re going through difficult months,</em>” said Ariel Flores, general manager of the BP-led <strong>Rumaila Operating Organization (ROO)</strong> told the <a href=”http://www.wsj.com/articles/oil-companies-hunker-down-in-iraq-1474475115″target=”_blank”><em>Wall Street Journal</em></a>. “<em>You slow down and you make decisions to pause efforts.</em>”</p>
<p><a href=”http://www.iraq-businessnews.com/list-of-oil-and-gas-fields-in-iraq/oil-and-gas-fields-rumaila/”>Rumailaoil field</a> now has two rigs drilling for new oil, down from as many as six earlier this year, but the company says it still wants to increase production and can do so more cost-effectively by focusing on wells that already exist. Output is expected to remain at around 1.4 million bpd this year.</p>
<p>Production at Shell’s <a href=”http://www.iraq-businessnews.com/list-of-oil-and-gas-fields-in-iraq/oil-and-gas-fields-majnoon/”>Majnoonoil field</a> has stalled at 200,000 bpd, and although it has plans to double output, the company is just focusing on sustaining production this year.</p>
<p>Russia’s Lukoil said earlier this year that it needed to invest more just to keep production steady at the giant <a href=”http://www.iraq-businessnews.com/list-of-oil-and-gas-fields-in-iraq/oil-and-gas-fields-west-qurna-2/”>WestQurna-2 oil field</a>. “<em>We’re not ready to proceed to the next phase of development until our negotiations with Iraq lead to some changes in the economics of the contract,</em>” said Pavel Zhdanov, Lukoil’s head of capital markets and M&A, on an investor call last month.</p>
<p><em>(Source: <a href=”http://www.wsj.com/articles/oil-companies-hunker-down-in-iraq-1474475115″>WallStreet Journal</a>)</em></p>

<a href=”http://www.iraq-businessnews.com/2016/09/25/oil-companies-trim-investments-in-iraq/”class=’bbc_url’ rel=’nofollow external’>Source</a>

Oil Companies trim Investments in Iraq

By John Lee. Major oil companies including BP, Shell and Lukoil are reported to be cutting investment in Iraq. “You’re going through difficult months,” said Ariel Flores, general manager of the BP-led Rumaila Operating Organization (ROO) told the Wall Street Journal. “You slow down and you make decisions to pause efforts.” Rumaila oil field now […]

CoolClownFish’s Blog – Problems Threaten Postponement Of 2017 Elections

<p lang=”en-GB”><em><a href=”http://www.niqash.org/en/articles/politics/5361/Iraq%E2%80%99s-Many-Problems-Threaten-Postponement-Of-2017-Elections.htm”>Thisarticle</a> was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of<a href=”http://www.iraq-businessnews.com/2013/11/09/”> Iraq Business News</a>.</em></p>
<p>Political conflicts, war with extremists and millions of displaced: All these threaten to see Iraq’s next elections postponed, despite the fact that many say they will be the country’s most important in over a decade.</p>
<p>Under Iraqi rules, the next provincial elections are due to be held in the country next April. And everyone seems to agree that these elections will be some of the most important the country has held since 2003 when the political landscape changed so radically – even though the federal elections are not until 2018, the provincial elections will be conducted in turbulent conditions, with the voting being the first to happen since the extremist group known as the Islamic State caused such chaos here.</p>
<p>There are also a number of new entrants to the political race: The various militias that have been fighting the extremists, who have become increasingly powerful and politically ambitious. Competition will be fierce.</p>
<p>The Independent High Electoral Commission, the body tasked with overseeing elections in the country, started preparing for the elections around two months ago and has opened hundreds of offices around the country to update voter records and install new technology to prevent electoral fraud.</p>
<p>More than 600 polling stations have opened around the country over the last few weeks. Electoral rolls will be updated there, then the locations for polling booths will be chosen and funds will be made available for purchase of supplies and wages of employees. Following that, campaigning can begin.</p>
<p>Despite this preparation though, many are now saying that the provincial elections should be postponed because there are a number of problems, both logistical and political, in the way.</p>
<p>Former Iraqi Prime Minister Ayad Allawi is one of the strongest advocates of postponement. A statement issued by his party called the postponement of the provincial elections “a necessity – because of the current state of the county. It is the only way to ensure the biggest number of voters participate,” the statement continued.</p>

<a href=”http://www.iraq-businessnews.com/2016/09/25/problems-threaten-postponement-of-2017-elections/”class=’bbc_url’ rel=’nofollow external’>Source</a>

Problems Threaten Postponement Of 2017 Elections

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Political conflicts, war with extremists and millions of displaced: All these threaten to see Iraq’s next elections postponed, despite the fact that many say they will be the country’s most […]

CoolClownFish’s Blog – Freelance Bomb Disposal a Lucrative New Business

<p lang=”en-GB”><em><a href=”http://www.niqash.org/en/articles/economy/5362/The-Iraqis-Making-Freelance-Bomb-Disposal-Into-A-Lucrative-New-Business.htm”>Thisarticle</a> was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of<a href=”http://www.iraq-businessnews.com/2013/11/09/”> Iraq Business News</a>.</em></p>
<p style=”text-align: center;”><strong><em><span style=”text-decoration: underline;”>The Iraqis Making Freelance Bomb Disposal Into A Lucrative New Business</span></em></strong></p>
<p>Locals are struggling to get rid of the explosive booby-traps the Islamic State left as they withdrew from Ramadi. For one group of daring locals, defusing the bombs has become a lucrative new job opportunity.</p>
<p>In the central Iraqi city of Ramadi, it is no longer unusual to see individuals who look like ordinary civilians dismantling improvised explosive devices left behind by extremists as they withdrew from the city late last year. In fact, the extremist group known as the Islamic State, or IS, <a href=”http://www.bbc.com/news/world-middle-east-35587853″>leftbehind so many improvised explosive devices, or IEDs</a>, that the military and local security authorities don’t have the manpower or time to defuse them all. And locals, <a href=”http://www.niqash.org/en/articles/security/5344/”>who know their way around a bomb</a>, have been quick to take up the slack.</p>
<p>Some of them are former members of the military, others are moonlighting from the police or army to make some extra money and some are ordinary civilians with mechanical or engineering backgrounds who have learned how to defuse the IEDs, often using less sophisticated methods than dedicated bomb squads.</p>
<p>Faleh al-Marsoumi got involved in the lucrative new trade because it was taking far too long for authorities to come to his home and remove <a href=”http://www.niqash.org/en/articles/security/5265/”>thebooby trapped explosives</a>. The usual procedure involves asking engineers who work for the local authorities to come and dismantle the dangerous devices.</p>
<p>Having heard that there were unofficial bomb disposal experts now working in the city, al-Marsoumi decided to pay one of these to clear his property. He had heard that the bomb disposal crews gathered on the outskirts of the city and that one could request them to come and work, in a similar way that one could employ freelance construction workers and manual labourers.</p>

<a href=”http://www.iraq-businessnews.com/2016/09/24/freelance-bomb-disposal-a-lucrative-new-business/”class=’bbc_url’ rel=’nofollow external’>Source</a>

Freelance Bomb Disposal a Lucrative New Business

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqis Making Freelance Bomb Disposal Into A Lucrative New Business Locals are struggling to get rid of the explosive booby-traps the Islamic State left as they withdrew from Ramadi. […]

CoolClownFish’s Blog – Decline of Higher Education in Iraq continues

<p><em>By Adnan Abu Zeed for <a href=”http://www.al-monitor.com/pulse/originals/2016/08/pmu-iraq-army-national-guard.html”>AlMonitor</a>. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. </em></p>
<p>The University of Kufa (pictured) declared on its website Sept. 6 that it ranked 701st among the world’s best universities, according to QS World University Rankings.</p>
<p>This is great news for the reputation of the country’s universities, since most Iraqi universities are not included in any global university rankings.</p>
<p>Nevertheless, this achievement does not mean that Iraqi universities have overcome their problems, mainly the demand of students for an improvement in the education system. The student protests in Kufa that took place March 10 subsequently spread to the north and south of the country.</p>
<p>On Feb. 25, students from the <a href=”http://www.alsumaria.tv/news/160836/%D8%B7%D9%84%D8%A8%D8%A9-%D8%AC%D8%A7%D9%85%D8%B9%D8%A9-%D8%A7%D9%84%D9%85%D8%AB%D9%86%D9%89-%D9%8A%D9%85%D9%86%D8%B9%D9%88%D9%86-%D8%A7%D9%84%D8%B4%D9%87%D8%B1%D8%B3%D8%AA%D8%A7%D9%86%D9%8A-%D9%85%D9%86-%D8%A7/”target=”_blank”>University of Muthanna</a> in Samawah, al-Muthanna province, banned then-Minister of Higher Education Hussein al-Shahristani from entering the campus, as they believed he had failed to improve tertiary education and provide essential academic facilities to Iraqi universities. On Aug. 30, university students in Sulaimaniyah, <a href=”http://www.al-monitor.com/pulse/originals/2016/05/iraq-kurdistan-gorran-puk-kdp-agreement.html” target=”_blank”>Iraqi Kurdistan</a>, boycotted classes because of the lack of financial grants for students.</p>
<p>The education sector in Iraq has been dealt several blows; for instance, the University of Kirkuk has witnessed <a href=”http://www.faceiraq.net/inews.php?id=3780759″target=”_blank”>national and sectarian strife</a>, which caused its Shiite Turkmen dean to resign on May 4, 2015, after the Kurds expressed objections against him.</p>
<p>In this regard, Nader Abdullah, a professor at the University of Babylon, told Al-Monitor that the student protests are the natural results of the ongoing crises in the country.</p>
<p>He said, “They reflect the dire conditions of the higher education sector; the high ranking of the University of Kufa was at a scientific research level only. Iraq’s universities lag behind the universities of the world because of low-level management and centralized decisions, which affects the knowledge product and weakens the university’s’ participation in the building of society. This is not to mention the declining academic and scientific level of the graduates.”</p>

<a href=”http://www.iraq-businessnews.com/2016/09/24/decline-of-higher-education-in-iraq-continues/”class=’bbc_url’ rel=’nofollow external’>Source</a>