Archive | 2013

1 Million bpd Oil by 2015 – and More Earthquakes?

By Hiwa Barznjy. 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. Iraqi Kurdistan has a sea of oil and politicians are eager to exploit the resource. But one expert says oil extraction must be more carefully managed. […]

Iraq Closes Anbar Border Crossing

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. An official from the Anbar province, which is located about 100 kilometers (62 miles) west of the Iraqi capital, said that the central government in Baghdad is trying to punish the […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th June 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,855 (+3.5%) / $1,926 (+3.9%) (weekly change). The number of week traded shares was 11.1bn and the weekly […]

Kelly Clements Visits Iraq

U.S. Deputy Assistant Secretary of State for Population, Refugees, and Migration Kelly Clements visited Iraq as part of a regional trip to discuss displacement issues and assess assistance efforts for refugees and internally displaced persons in Iraq. During her visit to Baghdad, Ms. Clements met with the Government of Iraq’s National Coordinator for Ending Displacement […]

Iraqi Government Takes On Illiteracy

By Ali Abel Sadah for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi authorities have decided to establish more than 500 literacy centers, after the Ministry of Education, led by Sunni politician Mohammad Tamim (pictured), acknowledged that the illiteracy rate in Iraq had […]

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Self-Immolation Among Iraqi Kurdish Women

By Brenda Stoter for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Berma, 26, lies in a white hospital bed in the female burn unit in Erbil. Her body lies in an uncomfortable position — because her legs are not allowed to touch […]

Iraq's New $6-trillion Energy Strategy

By John Lee. Iraq unveiled a new energy strategy on Wednesday that aims to raise $6 trillion from oil and gas sales by 2030 and massively increase local power generation, reports AFP. The Integrated National Energy Strategy (INES) would see Iraq invest $620 billion in the sector over nearly 20 years. Thamir Ghadhban (pictured), former […]

Emaar, Faruk to Build $2bn Resort at Dukan

By John Lee. Dubai-based Emaar Properties is expected to sign a contract worth over $2 billion with Kurdish company Faruk Group Holding to develop a resort in Sulaymaniyah. Herish Muharam Muhamad, chairman of Kurdistan Investment Board (KIB), said the Dukan tourist city project will include hotels, restaurants, residential areas, cinemas and casinos. Emaar last year signed […]

Basra’s Miracle Flower Show

By Waheed Ghanim. 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. Basra’s Miracle Flower Show: Growing Petunias without Water In temperatures of over 50 degrees C, in a place where there is either no water or it’s […]

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Iraq-Kuwait Relations Take a Step Forward

The official visit to Baghdad of Kuwait's prime minister, Sheikh Jaber Mubarak Al-Hamad Al-Sabah, appears to mark a significant development in the improving relations between the two countries. Following their meeting on Wednesday, officials from both sides signed a series of agreements relating to diplomacy, the economy, transport, culture, higher education and the environment. In […]

Designs Unveiled for New Baghdad Library

By John Lee. AMBS Architects has shown its designs for the first public library to be built in Iraq since the 1970s. The 45,000 m2 building will be located on a teardrop-shaped peninsula at the heart of the Youth City masterplan dedicated to supporting and inspiring young Iraqis. According to a report from Dezeen, the […]