Tag Archives | Saudi Arabia

Iraq Demands Explanation from Saudis for IS Fundraising

Iraq’s Foreign Ministry has asked for an explanation from the Saudi authorities for campaigns inside the kingdom with the purpose of raising money to prop up the Daesh (ISIL) terrorists in the Iraqi city of Fallujah in the guise of donation to children. In a statement on Saturday, Iraqi Foreign Ministry Spokesman Ahmad Jamal said […]

Why Iraqi-Saudi ties are Backsliding yet Again

By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is facing a new crisis with Saudi Arabia as a result of their differing points of view regarding regional issues, most notably those related to Lebanon-based Hezbollah, which was recently classified […]

Iraq has World’s 3rd Lowest Oil Production Costs

By John Lee. Iraq’s Ministry of Oil quotes a report by Rystad Energy as saying that Iraq has the world’s third-lowest-cost crude oil. Kuwait came in lowest at $8.50 per barrel, with Saudi Arabia at $9.90, followed by Iraq at $10.70. Fourth place went to UAE at $12.30, and Iran took fifth place with $12.60. […]

Saudi Comments on Popular Mobilization Units Anger Iraqis

By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Saudi ambassador’s comments on Popular Mobilization Units stir ire of Iraqis The Saudi ambassador to Baghdad, Thamer Sabhan, who was appointed to this position by Saudi Arabia on June 2, 2015, has […]

Widespread Iraqi Anger Threatens Saudi Ties

By Ali Mamouri, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In June, Saudi Arabia announced that it would reopen its embassy in Baghdad after a 25-year rift. Iraqi officials, including President Fuad Masum, had visited Riyadh on Nov. 12, 2014, paving the way for […]

Could Iraq Mediate Iran, Saudi Strife?

By Mohammad Ali Shabani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. [To read about the exciting developments in Iran, check our sister website – Iran Business News.] Several regional states geopolitically situated between Tehran and Riyadh, including Pakistan and Oman, have expressed an interest […]

Iraq Summons Saudi Envoy

Reuters reports that Iraq summoned the new Saudi ambassador, Thamer al-Sabhan, on Sunday after he suggested Iranian-backed Shi’ite militias were exacerbating sectarian tensions and should leave the fight against Islamic State to the Iraqi army and official security forces. Iraq’s foreign ministry called the remarks “a break of diplomatic protocol and based on inaccurate information“. Saudi […]

Video: Saudi-Iran Row – Iraq Offers to Mediate

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is offering to mediate between Saudi Arabia and Iran to end their dispute, which began when Riyadh executed a prominent Shia cleric. This, along with Tehran’s alleged failure to protect Saudi Arabian […]

Iraq May Reopen the Yanbu Pipeline

By Simon Kent. Following the news earlier this month that Saudi Arabia is reopening their embassy in Baghdad, an un-named official in Iraq’s Ministry of Oil has suggested there may be a plan to reopen the Yanbu pipeline from Iraq to Saudi Arabia. Speaking to Baghdad paper Al Sabah, the official said that Iraq was […]

Saudi Re-Opens Iraq Embassy after 25 Years

By John Lee. Saudi Arabia has re-opened its embassy in Baghdad, 25 years after relations were broken over Iraq’s invasion of Kuwait. The embassy will have an initial staff of 35 people, and a consulate is expected to open later in Erbil. Diplomatic relations were restored in 2004 after the toppling of the Saddam Hussein […]

KRG Pres Barzani and Saudi King Salman Meet in Riyadh‏

KRG President Masoud Barzani as part of his visit to the Persian Gulf region has met with His Majesty King Salman bin Abdulaziz al-Saud, the king of Saudi Arabia. King Salman and President Barzani discussed the current issues facing the region in particular and te entirety of the world in general in the hands of […]

Could Saudi-Iraqi ties be Key to Defeating IS?

By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi-Saudi relations are the main key to the problems and solutions of the crises in the Middle East. The rupture and hostility between the two sides helped promote the positions of extremist groups, which […]