By John Lee.

Kuwait’s Qualitynet is reported to have been granted a licence to provide internet, telecommunications and satellite services in Iraq.

According to CommsMEA, the move makes it the first Kuwaiti telecommunications service provider to win a service licence in the country.

Said Qualitynet CEO Mohammed Nizar Al-Nusif is quoted as saying:

Winning this licence comes after an extensive study of the needs of the Iraqi market, the estimation of investment volumes and feasibility studies for the establishment of infrastructure, and will complement our strategic plan for regional and international expansion.

“Our experts are currently working on deploying the network and infrastructure to provide our services to our customer base across Iraq, and to provide the network with point-of-presence devices through Qualitynet Iraq, for which it was officially established.

(Source: CommsMEA)

(Picture credit: Tasnim, under Creative Commons licence)

By John Lee.

UK-based recruiter Samuel Knight International has reportedly announced plans to open a new office in Baghdad.

According to Business Leader, the company focuses on the rail and energy sectors, and recently received investment from Gresham House Ventures.

In recent days, another British recruitment agency, SSK Recruitment, was reported to be looking to open an office in Erbil.

(Source: Business Leader)

By John Lee.

UK-based recruitment agency SSK Recruitment is reported to be looking to open an office in Erbil.

Bdaily quotes Managing director Adam Smith as saying:

With all the uncertainty surrounding Brexit, we decided to focus on building relationships in the Middle East.

“The margins are significantly higher in the Middle East than here in the UK and we’ve been lucky that through existing relationships we’ve formed with our current clients, they have in turn recommended us to other companies.

It adds that the company is looking to engage with more companies in the oil and gas sector and is holding meetings in the UK, Dubai and Iraq.

(Source: Bdaily)

By John Lee.

A Turkish airline will start new services from Diyarbakir and Gaziantep to Erbil from 21st March.

AnadoluJet, a subsidiary of Turkish Airlines, plans to offer three flights per week to each location.

(Source: AnadoluJet)

By John Lee.

AeroVironment Inc., of Simi Valley, California, has been awarded a $17,356,084 firm-fixed-price Foreign Military Sales (Iraq) contract for Puma AE II C-Code International Digital Data Link systems.

One bid was solicited with one bid received.

Work will be performed in Simi Valley, California, with an estimated completion date of Oct. 18, 2021.

(Source: US Dept of Defense)

By John Lee.

AeroVironment Inc., of Simi Valley, California, has been awarded a $17,356,084 firm-fixed-price Foreign Military Sales (Iraq) contract for Puma AE II C-Code International Digital Data Link systems.

One bid was solicited with one bid received.

Work will be performed in Simi Valley, California, with an estimated completion date of Oct. 18, 2021.

(Source: US Dept of Defense)

By John Lee.

South Korea’s STX Marine Service has reportedly won a contract to restore and operate diesel-fueled electric power plants in Iraq.

According to Yonhap, the company said the US$500-million deal will see it four 900-megawatt electricity generation units over five years.

It calls for 100 South Korean engineers to be dispatched by STX, along with the hiring of 500 local workers.

The company said work started on 1st July.

(Source: Yonhap)

By John Lee.

South Korea’s STX Marine Service has reportedly won a contract to restore and operate diesel-fueled electric power plants in Iraq.

According to Yonhap, the company said the US$500-million deal will see it four 900-megawatt electricity generation units over five years.

It calls for 100 South Korean engineers to be dispatched by STX, along with the hiring of 500 local workers.

The company said work started on 1st July.

(Source: Yonhap)

By John Lee.

The state-owned Trade Bank of Iraq (TBI) is reported to be in talks to buy a Gulf bank with branches in the United Arab Emirates (UAE) and Qatar.

Chairman Faisal al-Haimus told Reuters that talks are underway and the purchase is expected to be completed in six to eight months. The name of the bank was not disclosed.

According to the report, Haimus was in Abu Dhabi to sign a 100 million euros ($115.5 million) loan agreement with Germany’s Commerzbank to enable it to support small and medium sized projects in Iraq.

More here.

(Source: Reuters)

UK-based Aggreko (Middle East) and Iraq’s North Refineries Company have signed a contract for rental of temporary power generators to supply 15MW of power to Baiji Refinery as a first stage.

For Aggreko, the world’s largest supplier of temporary power, which also supplies South Refineries Company with 25MW,

This contract will help broaden the partnership between Aggreko, the world’s largest supplier of temporary power, and the Ministry of Oil and its affiliate companies, and is a demonstration of the collaboration between both entities.

Aggreko also supplies South Refineries Company with 25MW of power.

(Source: Eurogulf)