Cursor International executes projects and collaboration activities across several industries.
By John Lee.
The US has granted Iraq another 120-day waiver from its sanctions on Iran.
According to S&P Global, a State Department spokesman said the waiver ensures that Iraq is able to meet its short-term energy needs while it takes steps to reduce its dependence on Iranian energy imports.
(Source: S&P Global)
By John Lee.
The US has granted Iraq another 120-day waiver from its sanctions on Iran.
According to S&P Global, a State Department spokesman said the waiver ensures that Iraq is able to meet its short-term energy needs while it takes steps to reduce its dependence on Iranian energy imports.
(Source: S&P Global)
Today on World Food Day, the Food and Agriculture Organization of the United Nations (FAO) and the United Nations World Food Programme (WFP) renewed their commitment to supporting the government of Iraq in ensuring that all Iraqis have food security by 2030, with a focus on nutritious food and sustainable livelihoods.
“World Food Day is when we confirm and work to achieve our commitment towards Zero Hunger. In Iraq, FAO will be further cooperating with WFP to provide capacity development and rural income generation programmes for farmers.
FAO is supporting the rehabilitation of water infrastructure, value chains development, the fishery sector and introducing smart agriculture practices in response to country priorities and climate change impact,” said FAO Representative in Iraq Dr. Salah El Hajj Hassan.
The 2019 Memorandum of Understanding between FAO and WFP fosters closer collaboration on longer-term initiatives. Activities will include restoring irrigation canals, instituting sustainable practices such as planting productive trees, and providing inputs such as seeds and tools.
Through such programmes, vulnerable people will receive an income, can get back to work following displacement due to conflict, and continue to farm and grow their own food.
As well as enhanced nutrition awareness for Iraqi citizens, in the coming year, climate change adaptation will be a priority so that communities are better able to recover from climate-related shocks. FAO and WFP are striving to build social cohesion through collective livelihoods rehabilitation. WFP recently reopened its office in Basra to help coordinate activities next year in the south, where vulnerability and poverty indicators are worst.
“In this rehabilitation phase, FAO and WFP are working on livelihoods projects to bring communities together, and contribute to improving long-term self-sufficiency,” said Abdirahman Meygag, WFP Iraq Representative. “We see our climate change adaptation activities as being crucial for food security and the country’s recovery.”
FAO and WFP will also share expertise on information management and assessments, for evidence-based programming that targets the most vulnerable. Programmes are designed together with the government, for and with communities. The two agencies will also coordinate with partners on livelihoods activities, to maximise income-generating opportunities for those in most need.
(Source: UN)
Today on World Food Day, the Food and Agriculture Organization of the United Nations (FAO) and the United Nations World Food Programme (WFP) renewed their commitment to supporting the government of Iraq in ensuring that all Iraqis have food security by 2030, with a focus on nutritious food and sustainable livelihoods.
“World Food Day is when we confirm and work to achieve our commitment towards Zero Hunger. In Iraq, FAO will be further cooperating with WFP to provide capacity development and rural income generation programmes for farmers.
FAO is supporting the rehabilitation of water infrastructure, value chains development, the fishery sector and introducing smart agriculture practices in response to country priorities and climate change impact,” said FAO Representative in Iraq Dr. Salah El Hajj Hassan.
The 2019 Memorandum of Understanding between FAO and WFP fosters closer collaboration on longer-term initiatives. Activities will include restoring irrigation canals, instituting sustainable practices such as planting productive trees, and providing inputs such as seeds and tools.
Through such programmes, vulnerable people will receive an income, can get back to work following displacement due to conflict, and continue to farm and grow their own food.
As well as enhanced nutrition awareness for Iraqi citizens, in the coming year, climate change adaptation will be a priority so that communities are better able to recover from climate-related shocks. FAO and WFP are striving to build social cohesion through collective livelihoods rehabilitation. WFP recently reopened its office in Basra to help coordinate activities next year in the south, where vulnerability and poverty indicators are worst.
“In this rehabilitation phase, FAO and WFP are working on livelihoods projects to bring communities together, and contribute to improving long-term self-sufficiency,” said Abdirahman Meygag, WFP Iraq Representative. “We see our climate change adaptation activities as being crucial for food security and the country’s recovery.”
FAO and WFP will also share expertise on information management and assessments, for evidence-based programming that targets the most vulnerable. Programmes are designed together with the government, for and with communities. The two agencies will also coordinate with partners on livelihoods activities, to maximise income-generating opportunities for those in most need.
(Source: UN)
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.
When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an “oil for reconstruction” and investment program. Under the arrangement, Chinese firms work in Iraq in exchange for 100,000 barrels per day.
Iraq has said it needs more than $88 billion to develop and mend its rickety infrastructure after three years of combating the Islamic State (IS).
Speaking to the press, Abdul Mahdi said that, including this new deal, about 20% of Iraq’s daily oil production is being exported to China.
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.
When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an “oil for reconstruction” and investment program. Under the arrangement, Chinese firms work in Iraq in exchange for 100,000 barrels per day.
Iraq has said it needs more than $88 billion to develop and mend its rickety infrastructure after three years of combating the Islamic State (IS).
Speaking to the press, Abdul Mahdi said that, including this new deal, about 20% of Iraq’s daily oil production is being exported to China.
Weatherford International plc (OTC-PINK:WFTIQ) has announced it has been awarded two fully integrated rig contracts and one well services (through-tubing intervention) contract with a multinational operator in one of the world’s largest proven oil fields located in Iraq.
Frederico Justus, President of the Eastern Hemisphere for Weatherford, said:
“Weatherford has operated in Iraq since 2006, longer than any other multinational oilfield services provider.
“During that time, Weatherford proved to operators in Iraq that its capabilities across the life of the well reduce costs, enhance safety and maximize production efficiency.
“This experience gave the operator confidence in our ability to execute these turnkey drilling projects in one of their most strategic global locations.”
For the next two years, Weatherford will provide integrated services to drill development wells in one of Iraq’s most productive oil fields.
For the next five years, Weatherford will provide in-country support and specialized well services, including workshop services, fishing, milling, water shutoff and zonal isolation.
(Source: Weatherford)
U.S. Agency for International Development (USAID) Administrator Mark Green announced the first tranche of recipients under USAID’s New Partnerships Initiative (NPI) on Thursday during his remarks at the Accord Network’s Annual Forum.
The organizations will carry out programs that improve global health outcomes in USAID’s partner countries, and assist populations in the Republic of Iraq that are recovering from the genocide perpetrated by the so-called Islamic State in Iraq and Syria (ISIS).
Administrator Green launched the NPI in May 2019 to expand and diversify USAID’s partner base and change the way the Agency does business. By working with new or underutilized partners, the Agency hopes to bring more innovative approaches to U.S. foreign assistance; focus on strengthening capacity and commitment in partner countries by tapping into existing networks of community- and faith-based organizations; and reach new populations.
Administrator Green also announced a new $18 million award to the International Organization for Migration (IOM) to support the return and recovery of displaced religious and ethnic minority communities in the Nineveh Plains and Western Nineveh Province. Long-time USAID partner Samaritan’s Purse will receive $9 million of that total.
New USAID Assistance Through the NPI Direct to Local Iraqi Groups That Are Helping Victims of ISIS Genocide
USAID is awarding small grants through the NPI that total approximately $4 million to six local groups in Northern Iraq to help religious and ethnic minorities targeted by ISIS. The new NPI implementers in Northern Iraq are the following:
Philadelphia Organization for Relief and Development: The award will establish a community center in the town of Qaraqosh to provide services for people with disabilities, training in employment skills, child care, and a community food bank.
Catholic University of Erbil: The award will provide classes in business language and computer software for widows, victims of abuse, and former captives of ISIS.
Top Mountain: The award will support a business incubator and employment program for Iraqi youth, which will promote entrepreneurship, provide business training, and build commercial networks.
Shlama Foundation: The award seeks to improve job opportunities through training engineers on the installation on solar power, provide electricity for families, and install solar-powered pumps for farms and street lighting for villages.
Beth Nahrain: The award will help re-establish a local, women-led organization decimated by ISIS. The organization will also provide small-business vocational training to women in the Nineveh Plains.
Jiyan Foundation for Human Rights: The award will provide trauma-rehabilitation and resilience services to survivors of genocide; legal services and programs in justice/reparations; and activities to promote inter-religious and inter-ethnic dialogue.
The United States remains committed to supporting persecuted religious and ethnic minorities in Northern Iraq. With these new awards, the total assistance the U.S. Government has provided since 2017 in Northern Iraq is now more than $400 million. These programs complement H.R. 390, the Iraq and Syria Genocide Relief and Accountability Act of 2018, which passed with bipartisan support in the U.S. Congress and which President Donald J. Trump signed into law on December 11, 2018. Additional U.S. humanitarian assistance has also benefited the same Iraqi communities.
New Funding for the IOM and Samaritan’s Purse to Help Victims of ISIS Genocide
Administrator Green also announced at the Accord Network that Samaritan’s Purse will receive $9 million as a part of a new $18 million award to the International Organization for Migration (IOM), to support the return and recovery of displaced religious and ethnic minority communities in the Nineveh Plains and Western Nineveh Province in Iraq.
New USAID Assistance in Global Health Through the NPI
Administrator Green also announced two new awards under the Agency’s NPI for global health. These awards, which total $68 million, will leverage the expertise and reach of local and locally established civil society and faith- and community-based organizations to increase the quality, access, and sustainability of health care.
The new NPI implementers for global health are the following:
World Relief: Working with local partners, World Relief will expand and leverage existing community networks in four countries to help strengthen maternal, reproductive, and child health at the local level.
Palladium International: This program will help reach USAID’s goal of increasing access to, and the uptake of, high-quality health care across priority areas, in line with USAID’s Journey to Self-Reliance. The partner will provide sub-awards to local organizations, along with mentoring and technical support to strengthen their capacity. Palladium will be expected to pass sixty-five percent of the total award to new and underutilized sub-awardees.
(Source: USAID)
U.S. Agency for International Development (USAID) Administrator Mark Green announced the first tranche of recipients under USAID’s New Partnerships Initiative (NPI) on Thursday during his remarks at the Accord Network’s Annual Forum.
The organizations will carry out programs that improve global health outcomes in USAID’s partner countries, and assist populations in the Republic of Iraq that are recovering from the genocide perpetrated by the so-called Islamic State in Iraq and Syria (ISIS).
Administrator Green launched the NPI in May 2019 to expand and diversify USAID’s partner base and change the way the Agency does business. By working with new or underutilized partners, the Agency hopes to bring more innovative approaches to U.S. foreign assistance; focus on strengthening capacity and commitment in partner countries by tapping into existing networks of community- and faith-based organizations; and reach new populations.
Administrator Green also announced a new $18 million award to the International Organization for Migration (IOM) to support the return and recovery of displaced religious and ethnic minority communities in the Nineveh Plains and Western Nineveh Province. Long-time USAID partner Samaritan’s Purse will receive $9 million of that total.
New USAID Assistance Through the NPI Direct to Local Iraqi Groups That Are Helping Victims of ISIS Genocide
USAID is awarding small grants through the NPI that total approximately $4 million to six local groups in Northern Iraq to help religious and ethnic minorities targeted by ISIS. The new NPI implementers in Northern Iraq are the following:
Philadelphia Organization for Relief and Development: The award will establish a community center in the town of Qaraqosh to provide services for people with disabilities, training in employment skills, child care, and a community food bank.
Catholic University of Erbil: The award will provide classes in business language and computer software for widows, victims of abuse, and former captives of ISIS.
Top Mountain: The award will support a business incubator and employment program for Iraqi youth, which will promote entrepreneurship, provide business training, and build commercial networks.
Shlama Foundation: The award seeks to improve job opportunities through training engineers on the installation on solar power, provide electricity for families, and install solar-powered pumps for farms and street lighting for villages.
Beth Nahrain: The award will help re-establish a local, women-led organization decimated by ISIS. The organization will also provide small-business vocational training to women in the Nineveh Plains.
Jiyan Foundation for Human Rights: The award will provide trauma-rehabilitation and resilience services to survivors of genocide; legal services and programs in justice/reparations; and activities to promote inter-religious and inter-ethnic dialogue.
The United States remains committed to supporting persecuted religious and ethnic minorities in Northern Iraq. With these new awards, the total assistance the U.S. Government has provided since 2017 in Northern Iraq is now more than $400 million. These programs complement H.R. 390, the Iraq and Syria Genocide Relief and Accountability Act of 2018, which passed with bipartisan support in the U.S. Congress and which President Donald J. Trump signed into law on December 11, 2018. Additional U.S. humanitarian assistance has also benefited the same Iraqi communities.
New Funding for the IOM and Samaritan’s Purse to Help Victims of ISIS Genocide
Administrator Green also announced at the Accord Network that Samaritan’s Purse will receive $9 million as a part of a new $18 million award to the International Organization for Migration (IOM), to support the return and recovery of displaced religious and ethnic minority communities in the Nineveh Plains and Western Nineveh Province in Iraq.
New USAID Assistance in Global Health Through the NPI
Administrator Green also announced two new awards under the Agency’s NPI for global health. These awards, which total $68 million, will leverage the expertise and reach of local and locally established civil society and faith- and community-based organizations to increase the quality, access, and sustainability of health care.
The new NPI implementers for global health are the following:
World Relief: Working with local partners, World Relief will expand and leverage existing community networks in four countries to help strengthen maternal, reproductive, and child health at the local level.
Palladium International: This program will help reach USAID’s goal of increasing access to, and the uptake of, high-quality health care across priority areas, in line with USAID’s Journey to Self-Reliance. The partner will provide sub-awards to local organizations, along with mentoring and technical support to strengthen their capacity. Palladium will be expected to pass sixty-five percent of the total award to new and underutilized sub-awardees.
(Source: USAID)
By John Lee.
Iraq’s Ministry of Oil has announced oil exports for September of 107,276,327 barrels, giving an average for the month of 3.576 million barrels per day (bpd), down from the 3.603 million bpd exported in August.
These exports from the oilfields in central and southern Iraq amounted to 103,010,306 barrels, while exports from Kirkuk amounted to 3,166,848 barrels, and from Qayara 877,196 barrels. Exports to Jordan were 221,977 barrels.
Revenues for the month were $6.345 billion at an average price of $59.149 per barrel.
August export figures can be found here.
(Source: Ministry of Oil)