By Matthew Gayle. According to Bloomberg, Oil Minister Abdul Kareem al-Luaibi [Elaibi] recently said that Iraq is seeking a long-term accord to boost oil exports to China as OPEC's second -biggest producer increases output from fields operated by companies like Royal Dutch Shell (RDSA). Crude exports from Iraq to China average 500,000 barrels per day, […]
By Jason Ditz. This article was originally published by Antiwar.com, and it is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The De-Baathification law and the notorious use of that law by Shi’ite politicians to ban Sunni […]
The Department of State warns all U.S. citizens in Iraq of increased threats of terrorist activity throughout the coming weeks. U.S. citizens should exercise extreme caution in light of the risk of violence possibly associated with the upcoming anniversary of the fall of Baghdad on April 9 and the run-up to elections on April 20. […]
By John Lee. AIN has reported that the Prime Minister and the Chairman of the Supreme Investment Council of Kurdistan Region, Nechirvan Barzani (pictured), confirmed the government policy of supporting people on low incomes by granting them housing units. Following a meeting for the Supreme Investment Council, that was attended by the Deputy Chairman Emad […]
By John Lee. Ambassador Gamal Bayoumi (pictured), Secretary General of the Federation of Arab Investors, has said that the Egyptian trade office in Baghdad proposed to open a trade center in Iraqi Kurdistan as soon as possible. According to a report from Aswat al-Iraq, he said the new office will promote Egyptian trade and investment […]
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. The question that constantly arises in Iraq, and that is often posed perplexedly, is: “Why have the Iraqis failed to attract large-scale investments over the past ten years of political and […]
Iraq continues to be one of the most contaminated countries in the world with landmines and unexploded ordinance. Today, on the International Day for Mine Awareness and Assistance in Mine Action, the United Nations calls for more progress to eliminate the threat of landmines to Iraqis. “Landmines and unexploded ordinance continue to terribly affect Iraqis, […]
Global Trader reports that British business activity in Iraq is increasing on a monthly basis with process engineering and technology group DPS Global being the latest firm to reveal details of a major new project. The company has started work on the expansion of the Khurmala Dome Field Development (pictured), the northernmost dome of the […]
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. A few days ago, Iraq handed over the Arab League presidency to Qatar a year after taking the reins, thus marking its return to the Arab political sphere and confirming its […]
The U.S. Department of State reminds U.S. citizens in Iraq of the continued threat of roadside improvised explosive devices (IEDs). On Tuesday, April 2 an empty 107mm rocket casing was discovered partially concealed on the side of the road near the U.S. Consulate General in Erbil. Local authorities were contacted and the device was cleared […]
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi intelligence officials have said a cross-border alliance is growing between the Islamic extremist groups al-Qaeda in Iraq, and the al-Nusra Front in Syria. (Source: Jewish News One)
The Iraq Britain Business Council has boosted its operations in Iraq by opening a new office in Erbil. The IBBC’s new office is inside UB Holding at UB Plaza in Erbil’s Gulan Street. In the coming weeks an office manager will be hired. VIP guests included KRG Trade and Industry Minister Sinan Çelebi, British Consul […]
