Archive | 2013

Video: Civil War Fears Rising

From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A wave of car bombings in central and northern Iraq has killed at least 57 people, heightening fears that the country may be returning to sectarian civil war. No group has claimed […]

Iraq Looks to Foreign Investment To Boost Oil Capacity

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. Technip, a French company specializing in the management of energy producing installations, received a “significant contract” in the second phase of the oil refinery project in the Iraqi province of Karbala, […]

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Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th June 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,792 (+2.8%) / $1,854 (+1.7%) (weekly change). The number of week traded shares was 5.3bn and the weekly […]

6 Million Iraqis Vulnerable to Food Insecurity

On World Environment Day, the United Nations is highlighting the importance of sustainable environmental management to ensure food security. Nearly 6 million Iraqis face food deprivation and vulnerability. “The global theme for this year’s World Environment Day focuses on minimizing food waste,” said Deputy Special Representative of the United Nations Secretary-General (DSRSG) for Iraq and […]

Shaping Good Health for Iraq

From May 27-28, renowned regional and international healthcare experts convened at the Iraq Healthcare Conference 2013 in Erbil, Iraq (Kurdistan Region) to discuss the current state of the Iraqi health system and to develop urgently needed strategies to shape a strong public health system for Iraqi citizens. The Iraqi health system is in pressing need […]

More Progress on "Chapter VII" Issues

By John Lee. KUNA reports that the UN Security Council has acknowledged progress achieved by Iraq in implementing its UN obligations towards Kuwait, and will move some related issues from Chapter VII to VI of UN Charter when it meets on the matter next month. Mark Lyall-Grant (pictured), British Ambassador to UN and rotating UNSC […]

Qatar Airways Launches 4th Destination in Iraq

By John Lee. Qatar Airways has launched flights to Basra, its fourth destination in Iraq. The new services, operating four-times-a-week non-stop from the airline's Doha hub, takes the carrier's global network to 128 destinations worldwide. The launch also marks the rapid expansion by Qatar Airways in Iraq since the middle of 2012 when it began […]

130,000 Tourists Enter Iraq in May

By John Lee. The Iraqi Ministry of Tourism and Antiquities has announced that more than 130,000 tourists entered Iraq in May. According to Aswat al Iraq, the tourists mainly visited the holy shrines in Karbala, Najaf (pictured), Baghdad and Samarra. Approximately 12,000 tourists came from "Arab and foreign countries", while the rest came from Iran […]

Who's Winning the Battle for Iraq's Oil?

Who is the biggest winner from the recovery in Iraqi oil production? Denise Natali, a Middle East expert at the National Defense University in Washington, told the New York Times: “The Chinese are the biggest beneficiary of this post-Saddam oil boom in Iraq ... They need energy, and they want to get into the market.” […]

Weekly Security Update 29 May - 06 June

By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW Despite recent levels of heightened violence and multiple catastrophic attacks over the past weeks Iraq was somewhat spared similar events during this reporting period.  As a result we have seen a correspondingly lower number of fatalities across the country with 89 killed, down 154 on last weeks […]