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$49m Iraq Contract for Trace Systems

By John Lee.

Trace Systems Inc., of Vienna, Virginia, has been awarded a $49,392,866 firm-fixed-price foreign military sales (Iraq) contract to support Iraq’s Very Small Aperture Terminal Network.

One bid was solicited, with one bid received.

Work locations and funding will be determined with each order, with an estimated completion date of Sept. 14, 2022.

(Source: US Dept of Defense)

ADES Targets Expansion into Iraq

By John Lee.

ADES International Holding, a London-listed company providing oil and gas drilling and production services, has said that it is “scaling existing operations and penetrating new markets through participation in a substantial pipeline of active tenders across the Middle East, in existing geographies as well as the UAE and onshore Iraq.

In its results for the six-month period ending 30th June 2017, it added that management expects a number of these tenders to close during the second half of 2017, with revenue contribution to commence in the first half of 2018.

Additionally, it said it has finalised exclusive marketing agreements with a number of shipyards for the rights to utilise 8 rigs in active tenders; “The agreements enable the Group to obtain new contracts and generate additional revenue without incurring the additional capital expenditure associated with a high-spec rig.

(Source: ADES International)

ManTech Wins $45m Logistics Contract

By John Lee.

ManTech Advanced Systems International has been awarded a $44,915,177 contract for logistics sustainment and support for the Mine Resistant Ambush family of vehicles in Iraq and Egypt.

Work will be performed in Afghanistan, Egypt, Horn of Africa, Iraq, Kuwait, and various other locations inside and outside the continental U.S., with an estimated completion date of March 15, 2018.

ManTech describes itself as, “a multi-billion-dollar public company that provides the innovation, adaptability, and critical thinking our government needs for success in defense, intelligence, law enforcement, science, administration, health, and other fields—throughout the nation and in many countries throughout the world. We are now applying the lessons learned in the unforgiving arena of national security to help the private sector protect networks and critical information.

(Source: US Dept of Defense)

Omani firm targets Rock Exports to Iraq

By John Lee.

Al Fajar Al Alamia, an Omani firm listed on the Muscat bourse, has said that port facilities in the northern part of Oman must be improved in order to handle the high volumes of rock products required in Iraq, Qatar and Bangladesh.

Company chairman Saleem bin Qassim bin Ahmed Al Zawawi said:

“We are hopeful that the current downturn in the UAE market for rock products would soon be reversed with supplies to Iraq, Bangladesh, etc.”

(Source: Times Of Oman)

Zain Iraq to deploy Ericsson virtual EPC

Zain Iraq has selected Sweden’s Ericsson to upgrade its existing network using Ericsson’s virtual Evolved Packet Core (vEPC) offering to meet the growing data demands of its customers in the region.

Under this collaboration, Ericsson will modernize the current infrastructure of Zain Iraq’s network by implementing a solution that will enable the operator to quickly introduce new services for customers, while maintaining high performance network requirements.

Ericsson will modernize Zain Iraq’s existing infrastructure into Ericsson NFV infrastructure (NFVi) solution, which provides a software-defined infrastructure with Hyperscale Datacenter System 8000. Also as part of the solution, Ericsson will provide system integration and support services.

Ali Al-Zahid, CEO, Zain Iraq, says:

We trust that Ericsson’s Network Functions Virtualization solution will be enable us to meet our strategic goals as well as our customers’ demands, and continue to provide superior performance while meeting growing data needs.

“This investment and ongoing modernization of our network is yet another example of our dedication to future-proofing our operations for the benefit of all stakeholders. It also reflects our commitment to providing the mobile community in Iraq with the highest quality of service available, delivered via cutting edge infrastructure and technology to ensure a superior mobile experience for our customers.

Rafiah Ibrahim (pictured), President of Ericsson Middle East and Africa says:

Today’s deal represents a significant milestone for Ericsson as it further strengthens our partnership with Zain Iraq and is another testament of our commitment to our customer’s success.  Iraq is an important market for mobile network development and innovation. 

“As Iraqi users are passionate adopters of new technology, network modernization and adoption of new technologies become critical to meet Iraqi users’ demand for capacity and coverage.

Ericsson vEPC supports high-capacity environments and provides verified solutions, addressing many vertical use cases to open up new opportunities for operators.

(Source: Ericsson)

Cherkizovo Group Receives Permission to Export to Iraq

By John Lee.

PJSC Cherkizovo Group, the largest vertically integrated meat and feed producer in Russia, today announces that its Vasilyevskaya poultry production facility has received permission to export poultry products to Iraq.

The Vasilyevskaya poultry farm, which is Cherkizovo Group’s largest poultry production facility, was granted the right to export to Iraq. The permit was issued by the Iraqi Ministry of Agriculture in August 2017.

A key requirement for the export of poultry meat to Iraq is the observance of halal – a set of rules in the Islamic religious tradition that sets strict guidelines for the slaughter of animals.

The slaughter facilities at the Vasilyevskaya poultry farm comply with these rules, according to certification from the Halal International Centre for Standardisation and Certification of the Council of Muftis of Russia. The Group’s halal products are produced under the brands “Latifa” and “Dajajti” and are intended both for export as well as for meeting the domestic demand for these products.

The Vasilievskaya poultry farm is located in Bessonovsky district of Penza region. The enterprise was founded in 1978, and in 1998 it joined Cherkizovo Group. Today, it is the largest poultry factory in the Group and one of the highest capacity poultry producing facilities in Russia.

Obtaining the right to export products to Iraq is a significant step in the development of the Group’s export potential. Exports increasingly important for the Group in current market conditions. Iraq is one of the largest markets in the Middle East. The requirements for imported poultry meat are very strict. Cherkizovo Group products today meet the most stringent international requirements for biosafety. The Group has already received permits to export to Egypt, the UAE, Tanzania and the EU.

(Source: PJSC Cherkizovo Group)

Startup Hub Focus: Baghdad

By Lara Saeed, Managing Editor, Bite.Tech. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

Over the course of the past year, the Iraqi startup ecosystem has been through tremendous development. Numerous startup events and boot camps have resulted in the early stages of an ecosystem. Baghdad, as the capital city with the largest market, has seen a strong number of stratups that are now beginning to take shape as businesses.

Unfortunately, it is not always that simple getting information from businesses in our culture but below are some of the hottest startups in Baghdad who are willing to share their stories.

  1. Miswag, founded by Ammar Ameen

Miswag was founded in the year 2013 and is one of the first startups in Baghdad. Miswag is an online store that adopted a model similar to Amazon. The startup provides a cross-platform site and mobile application as the main sales channels that allow Iraqi based customers to place their order directly. The startup also offers delivery services to its customers.

The startup is independently funded and has been generating income since the year 2015, it made over 1.1 billion Iraqi dinars in sales in the year 2016.

Miswag plans to invest further in their inventory as they plan to become the biggest e-commerce platform in Iraq in terms of user base.

The startup covers all over Iraq with two main operation centers, one in Baghdad and the other in the Kurdistan region.

The team currently consists of 11 employees and are aiming at a 50% staff increase within the next 12 months as they plan to establish another operation center in Basra.

Startup Hub Focus: Baghdad

By Lara Saeed, Managing Editor, Bite.Tech. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

Over the course of the past year, the Iraqi startup ecosystem has been through tremendous development. Numerous startup events and boot camps have resulted in the early stages of an ecosystem. Baghdad, as the capital city with the largest market, has seen a strong number of stratups that are now beginning to take shape as businesses.

Unfortunately, it is not always that simple getting information from businesses in our culture but below are some of the hottest startups in Baghdad who are willing to share their stories.

  1. Miswag, founded by Ammar Ameen

Miswag was founded in the year 2013 and is one of the first startups in Baghdad. Miswag is an online store that adopted a model similar to Amazon. The startup provides a cross-platform site and mobile application as the main sales channels that allow Iraqi based customers to place their order directly. The startup also offers delivery services to its customers.

The startup is independently funded and has been generating income since the year 2015, it made over 1.1 billion Iraqi dinars in sales in the year 2016.

Miswag plans to invest further in their inventory as they plan to become the biggest e-commerce platform in Iraq in terms of user base.

The startup covers all over Iraq with two main operation centers, one in Baghdad and the other in the Kurdistan region.

The team currently consists of 11 employees and are aiming at a 50% staff increase within the next 12 months as they plan to establish another operation center in Basra.

DAMM installs Comms System at Erbil Int’l Airport

Danish-based DAMM Cellular Systems has provided voice and data communication systems to Erbil International Airport (EIA).

Local DAMM system partner Sabaaco, a specialist in secure communications, installed the solution in close collaboration with DAMM.

(Source: DAMM)

Launch of Iraq’s First Tech Startup Coworking Space

By Hal Miran, Editor-in-Chief, Bite.Tech. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

TechHub has officially been launched, making the first tech startup coworking space in Iraq a reality. We have housed nine members so far, as well as numerous expert-led entrepreneurial workshops and events, and look forward to bringing much more to Iraq’s booming tech startup sector.

Coworking office spaces have seen exponential growth around the world in recent years, as the business environment has undergone big changes. And the reason is simple: there are just so many benefits to joining a coworking space when building your tech startup.

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What is TechHub?

TechHub is a community hub for tech startups in Iraq, headquartered in the city of Erbil, Iraq. We created TechHub to give budding Iraqi techstars the springboard they need to build, grow and scale their startup in a fully supportive tech environment.