The Iraqi State Organization for Marketing Oil (SOMO) announced Nov. 2 that it is arranging with Turkey to allow SOMO to sell Iraqi crude from the disputed territories through the pipeline from Kirkuk to the Ceyhan Turkish port. The Kurdistan Regional Government (KRG) used to export about 500,000 barrels per day independently through Ceyhan before the Baghdad operation to ret
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A few months into his term Iraqi Prime Minister Haider Al-Abadi laid out his vision for reforms in front of global leaders at the World Economic Forum in Davos. By the summer of 2015 his political reforms had grabbed all the headlines, overshadowing the reforms he was bringing to the military and economy. But as the fight against Da’ish draws down, the focus has turned back t
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Noah's Ark is a unique Iraqi initiative to alleviate unemployment among youth by institutionalizing youth entrepreneurship. At Noah’s Ark, we have plans to establish Specialized Incubators dedicated to specific tasks as follows: Developing project blueprints for highly viable projects that are well analyzed technically, operationally, and economically. These project bluepri
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Royal Dutch Shell announced this month that it is trying to sell its stake in the Majnoon oilfield in southern Iraq, following a failure to reach agreement with Iraq’s Ministry of Oil. A Shell spokesman told UAE-based newspaper The National: “Following extensive discussions with the Ministry of Oil, the oil minister of Iraq formally endorsed a recent Shell proposal to pursu
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On 3rd August 2017, Noah’s Ark was launched. This is an initiative aimed at solving Iraq’s most pressing problem, youth unemployment. The Ark is an organized Launchpad for small entrepreneurial business startups. The concept is based on this approach: Finding all Iraqi university graduates who have entrepreneurial tendency (12% of graduates), Educating, training, supportin
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