More Lebanese Doctors leave for Iraq

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News.

More Lebanese doctors leave for Iraq

As Lebanon is sinking deeper into an unprecedented financial and political crisis, many medical doctors are increasingly packing their bags and leaving for the Gulf or Europe, and more recently for Iraq.

Click here to read the full article.

The post More Lebanese Doctors leave for Iraq first appeared on Iraq Business News.

Australia provides $1.6m for Women in Iraq

Australia provides AUD 2 million to UNFPA-women and girls interventions in Iraq

The Australian Government Department of Foreign Affairs and Trade (DFAT) renewed its commitment to reproductive health and rights of women and girls, and prevention and response to gender-based violence in humanitarian settings. The project will support the work carried out by UNFPA with a AUD 2 million [USD 1.6 million] contribution.

Women and girls, including individuals with disabilities and survivors of gender-based violence; and men and boys, as allies of the prevention and response to gender-based issues, will benefit from awareness and integrated gender-based violence and sexual and reproductive health services.

Ms Paula Ganly (pictured), the Australian Ambassador to Iraq, said:

"Australia is pleased to continue our important partnership with UNFPA Iraq ... Providing assistance for reproductive health needs and rights of women and girls and protection from gender-based violence is essential to ensuring their full and equal participation in society."

Acknowledging the new funding, Dr Rita Columbia, UNFPA Representative to Iraq, said:

"I extend our sincere gratitude to the longstanding partnership with DFAT. This generous contribution will help women and girls to have easier access to quality gender-based violence and sexual and reproductive health services, especially to women and girls with disabilities.

"Today, due to the uncertainty environment caused by the COVID-19 pandemic, it is more important than ever to work hand-in-hand to help the most vulnerable people stay healthy and live in a violence-free environment."

Australia is a strong advocate for women and girls' protection and reproductive rights. Since 2014, Australia has contributed AUD 18.2 million to UNFPA programming in Iraq, helping refugees, internally displaced people, people with disabilities, host communities and returnees.

(Source: UN)

The post Australia provides $1.6m for Women in Iraq first appeared on Iraq Business News.

ICRC issues Annual Report on Iraq

While it continued to respond to needs generated by decades of conflict, the International Committee of the Red Cross (ICRC) in 2020 dedicated much of its work and efforts to help prevent or slow down the spread of the COVID-19 pandemic and mitigate other risks arising from it.

It expanded its support to hospitals, primary health centers, physical rehabilitation centers, and places of detention where the ICRC has privileged access and could contribute to better protect detainees and prison staff from the disease.

Moreover, the ICRC strived to boost the capacity of vulnerable families to face the economic strain resulting from the pandemic, especially women-headed households, people with disabilities, Internally Displaced People (IDPs), and returnees, frequently in collaboration with the Iraqi Red Crescent Society (IRCS). And in so doing, precautionary measures were duly integrated into our modus operandi, to protect both those we endeavor to support and our own staff.

The ICRC operates through its delegation in Baghdad and its offices located in Mosul, Erbil, Kirkuk, Najaf, Ramadi, Basra, Khanaqin, Sulaymaniyah, and Dohuk.

Click here to download the full report.

The post ICRC issues Annual Report on Iraq first appeared on Iraq Business News.

Jiyad: Iraq, and the China-Iran Cooperation Program

By Ahmed Mousa Jiyad.

Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

Iraq and the China-Iran Comprehensive Cooperation Program

The China-Iran Comprehensive Cooperation Program (CICCP) was signed on 27 March 2021; two days later the CICCP's direct impacts on Iraq began emerging and one of such impacts seems to benefits both Iraq and Iran!!

A few days ago I completed a detailed preliminary assessment of CICCP document. The assessment was written in Arabic entitled "China-Iran Comprehensive Cooperation Program: Tactically Important Strategically Impacting if Implemented", it was circulated widely and posted on many websites.

The assessment uses composite methodology of three researches approaches (Text analysis, SCOR (Strength, Challenges; Opportunities and Requirements) and facts/evidence based) and comprises an introduction, three parts and concluding remarks. Part one provide brief review of CICCP document structure: preamble, articles, annexes, effective date and term of the deal, coordinating and supervising authorities. Part two, provides detailed assessment of eight fundamental topics/ areas of cooperation, from the perspectives of the political economy of bilateral relations and geopolitical considerations. Part three provides the direct official reactions to CICCP from Iraq, USA, Arab Gulf States/Saudi Arabia and Russia.

The political economy perspectives are related to the following basic issues: The first relates to the nature of bilateral relations in terms of sovereign independence or dependency and hegemony; the second is whether the principle of "mutually beneficial" is also equitable; the third concerns the structuring of the Iranian economy on whether the deal will eventually deepens the dependence on the export of raw materials, oil and gas, or introduces the required and desirable structural changes horizontal, vertical and knowledge-based levels; and the fourth is about the financial and banking independence, monetary and currency issues pertaining to funding investments and trade exchange.

The geopolitical considerations were addressed at four levels, starting from the domestic (national for both countries), continental (Asian from China to Syria), regional (West Asia / Middle East) and international levels.

The assessment argues that the timing of signing and announcing CICCP is tactically motivated and important, while its proper and timely implementation could be a game-changer and thus strategically impacting; but, as usual, reality seldom coincides with expectations.

This brief intervention focuses on the direct current evidenced impacts on Iraq. Interested readers are kindly invited to read the Arabic version of my detailed initial assessment through the web-links mentioned at the end of this article.

In a remarkable speed and substance CICCP has already prompted both Iraq and the US to react!

First; after the current prime minister, Mustafa al-Kadhimi, denied, rather harshly, in a press conference on November 18, 2020, the existence of an Iraq-China agreement by saying, 'You know there is no China agreement, why are you promoting these lies?', he returned to authorize, on March 30 - that is, only three days after the signing of CICCP, "to start implementing the Chinese agreement"!!

While I do not find it necessary, now, to discuss what has happened between Iraq and China since the government of Haider al-Abadi, I find it useful to remember the statement by the Prime Minister's Financial Affairs Adviser, Dr. Modhir Muhammad Saleh, on March 29, 2021, that the "Iraq-China agreement" became effective on October 18, 2020, and then he affirmed the "cooperation framework agreement ... and the final accounting and oil annexes were signed on September 23, 2019." So why has not been published to this day any official document on this agreement / cooperation framework agreement, nor any of its annexes or memoranda of cooperation/ understanding related to it!!??

But there is a document at the Ministry of Finance entitled "Export Credit Insurance Cooperation Framework" between the China Export & Credit  Insurance Corporation and the Iraqi Ministry of Finance) dating back to May 11, 2018 (that is, before the date of the agreement signed by former Prime Minister Adel Abdul Mahdi) !!!!

It is worth mentioning that 2021 State Budget Law includes a few infrastructure projects worth 1.803 trillion Iraq Dinnar to be funded, presumably by the above mentioned 2018 framework; since there is no new framework agreement officially published by the Ministry of Finance, nor approved by the Council of Ministers, nor legislated by the House of Representatives/ the Parliament. Moreover, even if such agreement is ratified and activated it utilization will be differed to future state budget for 2022 or even 2023 because of the national election scheduled for October this year.

Apparently, CICCP was a wakeup call for the Iraqi government but it is in reality too late for 2021 budget funding.

But on the other hand, the Iraqi Premier rushed for quick visits to Saudi Arabia and the UAE, immediately after signing CICCP; is there a relationship between the two events? Time will only tell!!!!

Second, among direct reactions by the US administration and as far as Iraq is concerned relates to Iraq-Iran interests. Just two days after signing the CICCP the U.S. renewed and extended the Iraqi exemption from the practices of maximum US pressure on Iran from 45 to 120 days; a waiver to avoid penalties for buying natural gas and electricity from Iran. This exception entails two positive consequences for both Iraq and Iran: the first is to ensure the continued supply of Iranian gas to generates electricity; this what the Iraqis suffer from its shortages especially the heated summer is on the doorstep, and the second is that Iraq pays Iran's accumulated dues for importing gas and electric power (which constitutes about a third Iraq's production of electricity) as the total of those receivables were mentioned in the 2021 budget, about 1688 billion Iraqi dinars.

Third, another important reaction by the US administration was its quick decision to hold a new round of strategic dialogue with Iraq; the discussions began on April 7, and mainly relate to the issue of US forces remaining in Iraq and the Strategic Framework Agreement signed in December 2008. (This agreement and related matters face strong opposition and many important, influential, legal and judicial challenges, especially after the Trump administration assassinated two leading heavy weight individuals, Abu Mahdi Al-Muhandis (Iraq) and General Qassem Soleimani (Iran), on January 3, 2021 near Baghdad airport).

It is worth noting that energy cooperation is one of the eight topics included in the said strategic framework agreement. Evidence suggests that the previous round of the Iraqi-American Committee for the Coordination of Cooperation in the Field of Energy, which was held, virtually remotely, on January 18 of this year was brief and did not include any important issues or noticeable impacts or new achievements. Hence, it did not attract attention from domestic or external media. Even the two ministries, i.e, Oil and Electricity, that should be directly involved, hardly mentioned anything on their websites on that latest meeting. Will CICCP invigorate Iraqi-American cooperation for the benefit of the energy sector in Iraq?? Who knows, will see!!!

Click here to download the full report in pdf format.

Mr Jiyad is an independent development consultant, scholar and Associate with the former Centre for Global Energy Studies (CGES), London. He was formerly a senior economist with the Iraq National Oil Company and Iraq's Ministry of Oil, Chief Expert for the Council of Ministers, Director at the Ministry of Trade, and International Specialist with UN organizations in Uganda, Sudan and Jordan. He is now based in Norway (Email: mou-jiya(at)online.no, Skype ID: Ahmed Mousa Jiyad). Read more of Mr Jiyad's biography here.

The post Jiyad: Iraq, and the China-Iran Cooperation Program first appeared on Iraq Business News.

Iraqi Oil Minister Visits Tatneft HQ

By John Lee.

On a recent visit to the Russian republic of Tatarstan, Iraq's Oil Minister Ihssan Abdul-Jabbar Ismail attended a presentation that the headquarters of the oil company Tatneft.

The Iraqi delegation also visited the Taneco Oil Refining Complex, the Kama Tyres manufacturing plant, and the Nizhnekamsk Truck Tyre Factory.

Nail Maganov, General Director of PJSC TATNEFT:

"Our Company has had a long-standing partnership with the Republic of Iraq. Our professionals have participated in the construction of 700 wells in the West Qurna, North Rumaila and Luheis oil fields, as well as in other projects.

"Tatneft has unique competencies in the Upstream and Downstream, the use of digital technologies in the industry. We are confident that our experience and knowledge could find their application in the Republic of Iraq as well, and we are ready to continue cooperation with our Iraqi partners in areas of interest to them".

(Sources: Ministry of Oil, Tatneft)

The post Iraqi Oil Minister Visits Tatneft HQ first appeared on Iraq Business News.

Covid-19: Govt amends Curfew, Announces New Measures

By John Lee.

The Iraqi Government has issued the following announcement regarding measures to help prevent the spread of COVID-19:

  1. A partial curfew will be implemented during the blessed month of Ramadan from 20:00 to 05:00 the following morning for the first three weeks of Ramadan, while allowing restaurants to provide delivery service.
  2. A full curfew on Fridays and Saturdays every week. Exempt are pharmacies, food marts, fruit and vegetable stands, and bakeries, and allowing them to carry out their work until 19:00, and allowing restaurants to provide delivery service.
  3. Enforcing measures by health control teams and the security forces, and holding violators accountable.
  4. Directing health departments to ask their employees in hospitals and health centres to provide proof that employees are Covid-19 negative through PCR examination results, with tests being conducted within a week or providing proof of their inoculation with a Covid-19 vaccine, to allow them to work starting 1 May 2021. Directors of health institutions will be held legally responsible for implementing and following up these procedures.
  5. Conducting PCR tests on all patients and their caregivers if they are unable to provide a certificate of  inoculation against Covid-19.
  6. Starting 1 May 2021, those employed in retail stores, restaurants, malls, factories and other places of business subject to health control measures will require inoculation. Health permits for the aforementioned businesses will be conditional on providing proof of inoculation of all staff. Following this date, businessowners will be held accountable and subject to fines if any employee cannot provide evidence that:
    • The employee has been inoculated with a Covid-19 vaccine.
    • Those who are unable to be inoculated such as pregnant women and other contraindications, or those who can provide evidence that they contracted Covid-19 during the last three months, by providing a positive PCR test or CT-scan will need to provide proof of a negative PCR test taken within the most recent week.
    • Ministry of Health monitoring authorities, with the support of the security forces, must hold accountable violators of these health measure in accordance with the Public Health Law and the decisions of the Higher Committee for Heath and National Safety.
  1. Starting 1 May 2021 staff working in pharmacies, drug stores, laboratories and private clinics, including radiology clinics, and private hospitals will not be allowed to work if:
    • They cannot provide evidence that they are Covid-19 negative through a negative PCR test conducted within the most recent week.
    • There cannot provide evidence of being inoculated with the Covid-19 vaccine.
    • Ministry of Health inspectors and the relevant associations (Doctors' Syndicate, Dentists' Syndicate, Pharmacists' Syndicate) will enforce the implementation of the above and hold violators accountable and closing the practice of violators in accordance with the laws and regulations in force.
  1. Citizens will not be allowed entrance into ministries and government agencies of a crowded nature  (pension department, traffic directorates, passport directorates, civil and national status directorates, etc.), as well as not allowing employees of the aforementioned to work starting from 20 April 2021, in case of:
    • They cannot provide evidence that they are Covid-19 negative through a negative PCR test conducted within the most recent week.
    • There cannot provide evidence of being inoculated with the Covid-19 vaccine.
    • All government entities not associated with a ministry and all governorates are responsible for implementing the procedures and following up with their employees and considering any violating employee in absent without payment.
  1. Sports clubs will not allow the presence of any of the players unless they present their inoculation card for the Covid-19 vaccine.
  2. The Ministries of Education, Higher Education and Scientific Research, and Health will coordinate regarding conducting campaigns to vaccinate the covered groups of faculty and students.
  3. The Hajj and Umrah Authority will not register any of the citizens wishing to perform the Umrah and Hajj pilgrimages unless it is proven that s/he has obtained the inoculation card with the Covid-19 vaccine.
  4. Urging all government entities not associated with a ministry and all governorates to direct their employees to be inoculated with a Covid-19 vaccine.
  5. Calling upon community leaders, students of religious sciences, tribal sheikhs, intellectuals, activists and media professionals to take their national and moral responsibility in raising awareness and not to stand watching in light of the continuing dangerous epidemiological situation.
  6. Calling upon all media outlets, governmental and private institutions, and civil society organisations to make efforts to urge citizens to adhere to preventive measures, and to encourage citizens to take the vaccine in health centres and accredited hospitals.
  7. Putting into force the application of the provisions of Article 240 of Penal Code No. 111 of 1969, as amended, related to violating orders and regulations, and authorizing the security forces in support of health teams and their application against citizens in violation in the event that they fail to pay fines.
  8. The Joint Operations Command, Baghdad Operations Command, the Ministry of Interior, and the National Security Agency will continue to support health teams in their inspections and follow-up on the implementation of preventive measures in public places, restaurants, shopping malls, cafes and others during and outside of official working hours.
  9. Reducing working hours in public departments and institutions by one hour during the holy month of Ramadan.

(Source: Govt of Iraq)

The post Covid-19: Govt amends Curfew, Announces New Measures first appeared on Iraq Business News.

Iraqi PM lays Foundation Stone for $4bn Refinery Project

By John Lee.

Prime Minister Mustafa Al-Kadhimi has laid the foundation stone for the South Refineries Company (SRC)'s new Fluid Catalytic Cracking (FCC) complex at Basrah Refinery.

The project will be built by Japan's JGC Corporation, and will increase refinery capacity by 55,000 barrels per day (bpd).

It will be funded by a loan from the Japan International Cooperation Agency (JICA).

More information here, here and here.

(Sources: Iraqi Ministry of Oil, Office of the Iraqi Prime Minister)

The post Iraqi PM lays Foundation Stone for $4bn Refinery Project first appeared on Iraq Business News.

DNO announces Ramp-Up of Oil Production in Iraq

DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 54.0 million net to the Company from the Kurdistan Regional Government (KRG), of which USD 35.2 million represents DNO's entitlement share of February 2021 crude oil deliveries to the export market from the Tawke license in Kurdistan.

Of the balance, USD 4.6 million is an override payment equivalent to three percent of gross February 2021 Tawke license revenues under the August 2017 receivables settlement agreement and USD 14.2 million is a payment towards the Company's arrears relating to withheld payment of Tawke license 2019 and 2020 entitlement and override invoices.

Following receipt of the latest arrears payment, the outstanding balance has dropped from USD 259.0 million at the end of 2020 to USD 238.6 million.

DNO operates and has a 75 percent stake in the Tawke license, which contains the Tawke and Peshkabir fields, with partner Genel Energy plc holding the balance.

With resumption of payments, the partners have stepped up drilling of new wells at Peshkabir and workovers of existing wells at Tawke in 2021, raising gross operated license production from an average of 110,300 barrels of oil per day (bopd) in 2020 to 110,900 bopd in January, 112,000 bopd in February, 113,100 bopd in March and 115,500 bopd month-to-date in April.

(Source: DNO)

The post DNO announces Ramp-Up of Oil Production in Iraq first appeared on Iraq Business News.

Invitation to IBBC Members’ Introduction Webinar







Dar Al Handasah has provided consultancy services to more than 950 clients in 60 countries, and has handled projects involving a total investment cost of over US$ 300 billion. Through these projects, we participate actively in the development of our societies. With a permanent staff of 9,850 and over 4,000 successfully completed projects, DAR has in-house expertise and experience to cover a wide range of engineering fields.

AlBilal Group was Founded in 1993 by Mr. Akeel Abdul Razzak, AlBilal Group has for more than two decades operated across diverse development sectors including Oil & Gas, Power, Water and Infrastructure. The years that followed the tenuous security, socio-political and economic dynamics in Iraq, AlBilal Group emerged as a preferred and a reliable partner to international development agencies and companies such as USDoD, USACE, Black & Veatch, and Washington International in support of the Iraq's re-construction and development programs.

The National Bank of Iraq (NBI) was founded in 1995 as a publicly traded, private sector company, offering comprehensive banking services to individuals and businesses in Iraq. As a result of the Bank's success and to fuel future growth, its paid up capital was increased from the initial 400 million IQD (USD 361,000) to IQD 250 billion (USD 215 million) in December 2013. In 2005, Capital Bank Jordan acquired majority shares (61.85%) in NBI, allowing the Bank to expand its business offerings, strengthen its global footprint and help promote financial inclusion across the country.

The post Invitation to IBBC Members' Introduction Webinar first appeared on Iraq Business News.