Shares in Petrel Resources fell 7 percent on Tuesday following the publication of the company's Interim Statement for the period ended 30 June 2013. Highlights: · Iraqi investment enhanced through 20 per cent shareholding acquisition in Amira Hydrocarbons Wasit B.V. This deal gives Petrel an immediate effective 5 per cent carried interest through to production […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is home to some of the most sacred sites for Shia Muslims. Pilgrims from across the Middle East visit in huge numbers. The Governor of Karbala urges western Shias to make the […]
By Ahmad al-Rubaie. 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. Central Baghdad is famous as the setting for many of the ancient tales in One Thousand And One nights. However many of the houses, located on […]
By Muhammad Jawad Adib for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Tourism is the biggest economic resource for Iraq after oil, but the industry's focus on religion in general and on Iranian pilgrims in particular has made the Iraqi tourism sector dependent […]
