Archive | 2013

Maliki: Terrorism 'Directly Related' to Syria

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 Prime Minister Nouri al-Maliki, in an exclusive written interview with Al-Monitor, said that Iraq supports a “transitional government that will manage affairs until elections are held and a constitution is […]

Iraq/EU Energy Cooperation: A New Important Milestone

By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq and European Union Energy Cooperation: A New Important Milestone In June, 2013 Iraq and the European Union-EU signed financial agreement pertaining to establishing the Iraq-EU Energy Centre in Iraq. This came […]

New Schools in Syrian Refugee Camps

It’s been nearly two months since the government in the Kurdistan Region of Iraq reopened its borders to accept refugees fleeing conflict in the Syrian Arab Republic. Some 63,000 Syrian people have crossed the border since mid-August. In mid-September, as the school year was about to begin, two of these refugees, at two different camps, […]

KRG Receives Swedish Envoy to Syrian Opposition

The Swedish Special Envoy to the Syrian Opposition, Ambassador Jan Theslef, met with Minister Falah Mustafa today to discuss ongoing developments in Iraq, Syria and the greater region. The meeting was also attended by the Swedish Ambassador to Iraq, Mr Jörgen Lindström, and the Assistant Head of DFR, Ms Siham Jabali. During their meeting, both […]

Literacy Drive a Response to Extremism

By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. With the help of Iraqi intellectuals, 21 young volunteers inaugurated a large arena for group reading on Sept. 28 on Abu Nawas Street in central Baghdad. These young people, who included five […]

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Turkey, US Dep Secretary Meet Iraqi Delegation

On the margins of the 64th annual session of the UNHCR Executive Committee meeting in Geneva, the high-level Iraqi delegation met with key officials to discuss political developments in Iraq, Kurdistan Region and the broader region, as well as the ongoing violence in Syria. The high-level Iraqi delegation, led by Iraqi Federal Foreign Minister, Mr […]

Shell Opens Majnoon Oil Field

By John Lee. Shell has officially inaugurated Iraq's huge Majnoon oil field on Sunday, and said it aims to reach 175,000 barrels a day in the coming weeks. Production from the field's first well started on 20th September, and Hussein al Shahristani, the Iraqi deputy prime minister for energy, said in Dubai that output is […]

KRG Approves Development of Atrush

By John Lee. ShaMaran Petroleum has announced that the Atrush partners have received approval from the Kurdistan Regional Government (KRG) for the first phase in the development of the Atrush Block. The TAQA-operated Block, located 85 km northwest of Erbil, is expected to initially produce approximately 30,000 barrels of gross oil per day (bpd) with […]

Dana Gas "Breached Confidentiality, Owes KRG"

By John Lee. Rudaw reports that the KRG’s Minister of Natural Resources, Ashti Hawrami (pictured), has dismissed as “inaccurate and misleading” claims by Dana Gas that the KRG owes the company millions of dollars in overdue payments. In a letter sent to Dana Gas managing director, Majid Hamid Jafar, he said: “The statements made in […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd October 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,712 / $1,812 (+2.5%) (weekly change). The number of week traded shares was 7.1bn and the weekly trading […]

Debate Renewed Over Oil Revenue Surplus

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 project designed to distribute the country’s oil revenue surplus directly to Iraqis is once again at the forefront of recent events, as political blocs have begun to prepare for the general […]

KRG Election Results

The Independent High Electoral Commission of Iraq (IHEC) has announced the complete results of parliamentary elections in Kurdistan Region yesterday during a press conference in Erbil. The Kurdistan Region held its fourth round of parliamentary elections on 21 September 2013. It included 1,129 candidates - 336 of them women, and over 2,800 international observers from […]