Revenue from Iraqi crude oil exports rose to $6.08 billion in January, the most in more than a year, the country’s State Oil Marketing Organization (SOMO) has reported. The average price for Iraqi oil was $90.78 a barrel, compared with $86.31 in December and $80.59 in November. Exports increased last month by about 10 percent […]
A delegation of 13 businessmen, traders and investors from the United Kingdom has reportedly arrived in Erbil today, on a trip to study economic conditions in the region. Bayan Sami Abdul Rahman (pictured) told AKnews that, "the British delegation aims to invest and participate in the reconstruction campaign in the region". (Source: AKnews)
Turkey’s Tekfen Insaat, a construction company active in 12 countries, aims to build a power plant in Iraq together with a French company as Iraq’s risk profile improves, chief executive Umit Ozdemir said, according to the Kipp Report. The company is looking into projects in the southern part of Iraq, ha told a conference in […]
The following article was published on Friday by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq […]
The head of the Journalistic Freedoms Observatory (JFO) in Iraq has condemned the violence that federal security forces inflicted upon a number of journalists covering the public demonstrations across the country on Friday, according to a report from AKnews. Hadi Jallo Merei told the news agency that a large number of journalists were physically attacked […]
Kurdistan's Ministry of Municipality and Tourism sealed a contract on Monday for the construction of a drinking water supply project for Amedi, in Dohuk province. According to a report from AKnews, the ministry said the minister, Samir Abdullah Mustafa, singed the $90m contract with Ster Group and Homan Ederson. With the project getting underway, the […]
The Chairman of Nineveh Council said this week that a preliminary agreement has been signed with a British company to plan the reconstruction of areas badly damaged by bombing in the Iraqi war. Jaber Abed Rabbo told AKnews that the deal will ensure that the reconstruction of the province conforms to the latest standards of […]
State authorities and CEOs of all major airports in Iraq will congregate at the Iraq airports expansion ,cargo ,logistics conference. The Ministers and the CEOs who have expressed their interest to participate are , Minister of Housing & Reconstruction- H.E.Kamaran Ahmed Abdullah , Minister of Interior, Kurdistan - H.E.Karim Sinjari,Minister of Trade and Industry - […]
Gunmen shot their way into Baiji [Bayji] refinery early on Saturday, killing five members of staff, according to the Washington Post. Guards killed two of the gunmen, but the rest escaped. The gang set off explosions that forced the facility to shut down for at least two weeks, officials said. Baiji, situated about 150 miles […]
Al Jazeera reports that at least 12 protesters were shot dead by security forces during Friday's 'day of rage', during which at least 17 demonstrations were held throughout Iraq. Iraqi security forces detained hundreds of people, including prominent journalists, artists and intellectuals, according to a report from the Washington Post. Four journalists described being rounded […]
The long-awaited signing of the deal to develop Iraq's Akkas gas field in Anbar province has been delayed again. An Iraqi Oil Ministry spokesman said it was delayed because of disagreements about what the local government gets from the deal, according to Associated Press reports. An initial agreement to develop the 5.6 trillion cubic foot […]
Riad El-Taher has been jailed for 10 months for making illegal payments to the Iraqi Government of Saddam Hussein in contravention of United Nations sanctions and UK law Riad El-Taher, a British citizen aged 71 from Esher, Surrey, has admitted that in 2001 he made four illegal payments totalling over $500,000 to the Iraqi Government […]
