Author Archive | Editor

Hawrami to be Top Energy Official in new KRG Cabinet

By John Lee. The Kurdistan Regional Government’s long-serving Minister of Natural Resources (MNR), Ashti Hawrami (pictured), is to be appointed to the post of Assistant Prime Minister for Energy Affairs in the new KRG cabinet. According to a report from Rudaw, it is not currently clear whether the move will result in the scrapping of […]

Water Crisis in Basra

By John Lee. Iraqi authorities have failed to ensure for almost 30 years that Basra residents have sufficient safe drinking water, resulting in on-going health concerns, Human Rights Watch (HRW) said in a report released today. The situation culminated in an acute water crisis that sent at least 118,000 people to hospital in 2018 and […]

Iraq to open Embassy in New Zealand

By John Lee. New Zealand’s Ambassador to Baghdad, Tredene Dobson, has informed the Iraqi Foreign Ministry of her country’s agreement to open an Iraqi Embassy in New Zealand. The announcement followed a meeting between Ambassador Dobson and the Acting Head of the Iraqi Foreign Ministry’s Department of Asia and Australia, Mr. Hamid Abbas. (Source: Iraqi […]

SOMO Reveals More Important Data

By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. SOMO Reveals More Important Data on its Marketing Activities In my latest article I suggested that the State Oil Marketing Organization (SOMO) disclose details on its regular (term contract) marketing activities in […]

Former Unaoil Exec pleads Guilty to Iraq Corruption

Former Unaoil executive pleads guilty to conspiracy to give corrupt payments Basil Al Jarah, Unaoil’s former partner in Iraq, pleaded guilty on 15 July 2019 to five offences of conspiracy to give corrupt payments in connection with the UK Serious Fraud Office (SFO)’s investigation into Unaoil. The offences relate to the award of contracts to […]

Iraq plans New Oil Export Pipelines

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Iraq plans to launch pipelines to export oil through Jordan, Syria As Iraq exports most of its crude oil production, the Iraqi government is trying to diversify its oil […]

Nasdaq signs New Agreement with Iraq Stock Exchange

Nasdaq Inc. (Nasdaq:NDAQ) and the Iraq Stock Exchange (ISX) have signed a new agreement to extend their market technology relationship. As part of the agreement, Nasdaq will continue providing ISX with matching engine and central securities depository (CSD) technology. This new agreement marks the next chapter of a technology partnership between Nasdaq and ISX which […]

Can Iraq get its Water Wheels on World Heritage List?

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Can Iraq get its water wheels on UNESCO World Heritage List? Iraq has been working for the last three months to rehabilitate its historical norias in Hit, a […]

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 […]

US Sanctions Four Iraqis

On Thursday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two militia figures, Rayan al-Kildani and Waad Qado, and two former Iraqi governors, Nawfal Hammadi al-Sultan and Ahmed al-Jubouri, pursuant to Executive Order (E.O.) 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act and targets perpetrators […]