Interview: Martin Aggar, GM of Al-Burhan Security

By Padraig O’Hannelly. Last week, the US Embassy in Baghdad ordered the departure of non-emergency U.S. Government employees from Iraq, as tension mounts between the Trump administration and neighbouring Iran. In the meantime, several other organisations have taken similar moves. While this has made headlines, has there been any real change on the ground? Iraq […]

Oil Minister slams Exxon decision to Evacuate Staff

By John Lee. Oil Minister Thamer al-Ghadban has criticised ExxonMobil‘s decision to temporarily evacuate staff from the West Qurna oil field as “unacceptable and unjustified”. In a statement on Sunday, he said the move was “political“, and pointed out that other international oil companies are continuing to work freely. According to CNN, the company evacuated […]

Al-Khateeb: Don’t Politicise Electricity

By John Lee. Iraq’s Minister for Electricity has warned of the dangers of politicising the problems in the country’s electicity sector. Luay al-Khateeb told AFP: “Electricity is a national security issue … In the end, any political, economic or security crisis in Iraq will affect the whole region — and the global economy will be […]

FAO inaugurates its new offices in Sulaymaniya

The Food and Agriculture Organization of the United Nations, inaugurated its new office In Sulaymaniya [Slemani] under the patronage of the First Lady of Iraq – Ms. Serbagh Saleh; and with the participation of the United Nations Resident and Humanitarian Coordinator for Iraq, Ms. Marta Ruedas; FAO Representative a.i. for Iraq Mr. René Verduijn; the […]

US Senate confirms Tueller as Ambassador to Iraq

By John Lee. The U.S. Senate has confirmed the nomination of Ambassador Matthew Tueller to be the Ambassador to Iraq. Tueller has most recently served as U.S. Ambassador to Yemen. A native of Utah, Utah, his other overseas assignments have included Ambassador to Kuwait, Deputy Chief of Mission at Embassy Cairo; Political Minister Counselor at Embassy Baghdad; Deputy […]

Video: Rocket attack hits Baghdad’s Green Zone

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. An apparent rocket attack has hit the high-security Green Zone. The area houses key government buildings and the United States embassy. Iraq’s state-run news agency says a Katyusha rocket crashed in the area […]

Resumption of Flights between Iraq and Syria Postponed

By John Lee. Plans by Iraqi Airways to resume flights between Baghdad (pictured) and Damascus have reportedly been postponed. Syria’s Ministry of Transportation said it had been informed of the “decision to postpone the trip of two Iraqi Airways planes today… until further notice,” according to Rudaw. The Iraqi Embassy is said to have notified […]

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

Iraqi Airways to resume Flights to Syria

By John Lee. Iraqi Airways will reportedly resume flights to the Syrian capital Damascus for the first time since 2011. According to AFP, Iraq’s national carrier will operate a weekly service from Baghdad to Damascus starting on Saturday. (Source: AFP)

Stephen Whyte to step down at Genel Energy

Stephen Whyte, Chairman of Genel Energy, gave the following update on the business at the Company’s Annual General Meeting, held in London on Thursday: Genel had a very successful 2018, with free cash flow generation of $164 million even while making significant investment in growth. 2019 has seen us continue this success. We are delivering […]

General Dynamics Wins $92m Iraq Contract

By John Lee. General Dynamics Ordnance and Tactical Systems has been awarded a $92,400,000 modification (P00003) to Foreign Military Sales (Iraq) contract W15QKN-18-D0020 for 120mm munition high explosive with tracer tank ammunition cartridges. Work locations and funding will be determined with each order, with an estimated completion date of Oct. 16, 2022. According to Defense […]