Iraq Tenders - Iraq Business News
WEBBearing. Al-Sadeem for Technical service (STSC) 15th August 2024. 6th August 2024. Consultant - Webpages and Social Media. Islamic Relief Worldwide (IR) 18th August 2024. Submit Iraq Tenders to Iraq Business News by emailing [email protected] Today. Explore Current Iraq Tenders and Read the Latest Iraqi Business News.
KBR settles Iraq Fraud Lawsuit for $14m | Iraq Business News
WEBJun 16, 2022 · By John Lee. US-based engineering company Kellogg Brown & Root (KBR) has agreed to a settlement of nearly $14 million to resolve allegations of fraud relating to its activities in Iraq. According to a statement from the US Department of Justice, the claims resolved by the settlement are allegations only and there has been no.
Central Bank of Iraq (CBI) - Iraq Business News
WEBSep 11, 2024 · By John Lee. In response to the high demand for its "Injaz/Enjaz" ["achievement"] bonds, first issued in May, the Central Bank of Iraq (CBI) will offer a second issue of these bonds on behalf of the Ministry of Finance. The total amount available is 1.5 trillion Iraqi dinars [$1.15 billion].
Latest Iraqi Business News
WEBCombined-Cycle Power Projects to add 612 MW to Iraqi Grid. 11th September 2024 in Construction & Engineering In Iraq, Iraq Industry & Trade News. By John Lee. Prime Minister Mohammed Shia Al-Sudani has launched the construction of three projects related to additional combined-cycle units for electricity generation.
CBI takes action to Stabilise Iraqi Dinar Exchange Rate
WEBDec 22, 2022 · The Central Bank of Iraq (CBI) has announced a package of measures to help stabilise the dinar/dollar exchange rate.. A translation of the statement from the CBI list the following: Allowing the banks participating in the foreign currency buying and selling window to buy any amounts in foreign currency and deposit them with this bank in accounts used for external transfer purposes, and to pay ...
Iraqi National Oil Company (INOC) holds First Meeting
WEBSep 11, 2021 · By John Lee. The recently-created Iraqi National Oil Company (INOC) has held its first meeting in Baghdad. Among the items discussed were the five-year plan for the oil exploration sector, and what were described as "interim and future production and export plans", in coordination with the State Oil Marketing Organization (SOMO). …
Economist Recommends Re-Valuing Iraqi Dinar - Iraq Business News
WEBNov 15, 2021 · An Iraqi economist has said that re-valuing the Iraqi Dinar could be considered if certain conditions were met. Dhurgham Mohamed Ali is quoted by Shafaq News as saying: " The exchange rate of the dollar should be gradually reduced to 1,300 dinars [from the current 1,460 dinars] while keeping an eye on the cash transactions to preclude creating ...
Khor Mor gets $250m Financing from DFC | Iraq Business News
WEBSep 9, 2021 · Pearl Petroleum, the consortium led by Dana Gas and Crescent Petroleum of the UAE, has signed a $250 million financing agreement with the U.S. International Development Finance Corporation (DFC) to support the gas expansion works currently under way at the Khor Mor gas plant in the Kurdistan Region of Iraq (KRI). DFC is the development finance arm of the U.S government and proceeds from the 7 ...
Iraq Oil & Gas News - Iraq Business News
WEB14th September 2024 in Iraq Oil & Gas News. By John Lee. The Iraqi Drilling Company (IDC), in collaboration with Schlumberger, ahs completed the drilling of well ZB 606 at a depth of 3,463 meters in the Zubair oil field in Basra. This marks the 36th well drilled under a contract with Italy's ENI to drill 37 wells.
UK Firms introduce new Banking Systems at National Bank of Iraq
WEBJan 11, 2024 · By John Lee. The National Bank of Iraq (NBI) has announced the introduction of three new banking systems.. According to Izzidin Abusalameh, Group Chief Operating Officer of Capital Bank of Jordan (majority shareholder of NBI), trade finance operations will be enhanced with the help of software from UK-based Finastra.. Additionally, both NBI and Capital Bank of Jordan have successfully ...