Archive | 11th March 2013

Italy’s Export Credit Agency Signs Deal with KIB

Italy’s new ambassador to Iraq last week visited the Kurdistan Region for the first time and met President Masoud Barzani. He came with a delegation from SACE, Italy’s export credit and project finance agency. President Barzani and Ambassador Massimo Marroti, who arrived from Baghad, discussed bilateral relations and explored ways to further strengthen ties. Their […]

WesternZagros Secures Additional Funding

By John Lee. WesternZagros Resources has announced that it has entered into an investment agreement with Crest Energy International LLC, under which Crest will purchase, through a non-brokered private placement, 51,000,000 Common Shares in the Company at $1.25 per share for gross proceeds of $63.75 million. This price represents an approximate 25 percent premium to […]

Ericsson Wins Iraq Network Expansion Deal

By John Lee. Swedish telecom company Ericsson has been selected to expand the Iraqi Telecom and Post Company's (ITPC) wireline network with a transition to next generation network. According to a report from Trade Arabia, the partnership strengthens the five-year relationship between the companies and positions Ericsson as the sole supplier for ITPC’s core network. […]

Iraqi Politician Attacks "Central Bank Corruption"

By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The controversial Iraqi Sunni politician Ahmed al-Alwani, who is president of the Economic Commission in the Iraqi parliament, ridiculed the notion that if Anbar province gains autonomy, its economy will be […]

Video: Billions of Dollars Wasted in Iraq

From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A decade after the US-led invasion of Iraq, and despite USD 60 billion in taxpayer funds for development, the country is still unstable and according to Stuart Bowen, US Special Inspector General […]

US Embassy Commemorates Int'l Women’s Day

In commemoration of International Women’s Day, the U.S. Embassy in Baghdad hosted a reception on March 10 to discuss challenges facing women and girls in Iraq and efforts of the U.S. and Iraqi governments and civil society to address these challenges and promote the status of women in Iraq. Iraqi government figures, civil society leaders, […]

De-Baathification in the Iraqi Provincial Elections

By Reidar Visser. The following article was published 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. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq […]

Amnesty International: Torture in Iraq

Ten years after the US-led invasion that toppled the brutal regime of Saddam Hussein, Iraq remains enmeshed in a grim cycle of human rights abuses, including attacks on civilians, torture of detainees and unfair trials, said Amnesty International in a new report out today. A decade of abuses exposes a chronology of torture and other […]