Archive | 12th May 2013

Iraq to Rebuild Rail System

Plans to revive Iraq's rail system are gaining pace, reports Reuters. Last year the railway company opened a 32-km line between Mussayab [Musayyib, Musayyab], south of Baghdad, and the holy city of Kerbala to transfer hundreds of thousands of pilgrims during Shi'ite religious festivals. It is also building a new railway parallel to the old […]

TAQA Appoints New MD for Iraq

By John Lee. The Abu Dhabi National Energy Company (TAQA) has appointed Leo Koot as Managing Director of TAQA in Iraq. Mr Koot will be responsible for all of TAQA’s operations in Iraq. He joined TAQA in 2008 and is a Dutch national. David Cook (pictured), TAQA Executive Officer and Head of Oil and Gas, […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th May 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,802 (+0.9%) / $1,820 (+0.1%) (weekly change). The number of week traded shares was 24.5bn and the weekly […]

Iran "Expands All-Out Strategic Cooperation" with Iraq

The Secretary of Iran’s Supreme National Security Council (SNSC) has said that the Iran is ready to "expand all-out strategic cooperation" with Iraq. Saeed Jalili, made the remark at a meeting on Thursday with Adel Abdul-Mahdi, a member of the Islamic Supreme Council of Iraq (ISCI). According to a report from Iran's PressTV, the Iranian […]

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First Journalism Contest for Iraqi Women

The UN Iraq congratulates the three winners of the first edition of its contest for Iraqi women journalists. The stories submitted by Suha Audah, Enas Jabbar and Shatha al-Shabibi were selected by the jury as representing best the challenges faced by Iraqi women in their daily lives. “The selection was difficult since the quality of […]

After Hawija: Iraqi and Kurdish Forces Face Off

By Shalaw Mohammed. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Recent clashes in Hawija have not only increased tensions between protestors and Baghdad, they’ve also reignited hostility between Iraqi Kurdistan’s military and the Iraqi army. Locals […]