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Petrofac will soon complete Badra Project

By John Lee. Petrofac announced its final results for the year ended 31 December 2015 on Wednesday. As part of its update, it said  it has completed “the second of three trains on the Badra project in Iraq and the third train is expected to be completed shortly“. (Source: Petrofac)

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Iraq Begins Construction on Baghdad Wall

By Omar Sattar, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi government has embarked on the construction of a wall around Baghdad to protect the capital from terror attacks that have been ongoing since 2003 and to isolate it from hotbeds in […]

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Military Strikes Target ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and ground […]

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Why this Iraqi City is Starving

By Omar al-Jaffal, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The city of Fallujah in Anbar province has been under the Islamic State’s (IS) control for nearly two years. When asked about the living conditions there, Mahmoud Falluji (a pseudonym) said, “I reached a […]

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More Directorate Changes at Genel Energy

Genel Energy has announced that Jim Leng has indicated his intention to retire from the Board of Genel at the AGM in April 2016. Jim Leng has served over five years at Genel as Non-Executive Director, Senior Independent Director and as Chairman of the Remuneration Committee. Following his appointment in December 2015 as Non-Executive Chairman […]

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Mobile Money Service goes live in Iraq

eServGlobal has announced the commercial launch of mobile money services with Zain Iraq. According to a statement from the company, the service was soft-launched in January and has already attracted strong interest. The service is called ‘Zain Cash‘ and is offered by Iraq Wallet, which is an authorised company from the Central Bank of Iraq (CBI).  […]

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Military Strikes Hit ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and […]

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UN Calls for Relocation of Civilians to Safer Areas

The top United Nations humanitarian official in Iraq has said she is deeply worried about thousands of civilians who are trapped in Fallujah city and in Sinjar district and are unable to access aid, calling on Government officials to redouble efforts to relocate civilians to safer areas before the situation deteriorates further. Although the UN […]

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Missing Radioactive Material Located

By John Lee. Radioactive material that went missing in Iraq in November has been found, apparently undamaged, on Sunday near a patrol station in Zubair. The chief of the security panel at the Basra Provincial Council told Reuters: “A passer-by found the radioactive device dumped in Zubair and immediately informed security forces which went with […]

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