By John Lee. Oryx Petroleum Corporation announced a production and drilling update on Monday for the Demir Dagh field in the Hawler license area in the Kurdistan Region of Iraq, including test results for the Demir Dagh-6 appraisal well (“DD-6”). Oryx Petroleum is the operator and has a 65% participating and working interest in the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd July 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,518 (8.8%)/ $1,619 (-8.8%) (weekly change) (-18.6% and -18.5% YTD change, respectively). The number of week traded shares […]
By John Lee. The Iranian Fars News reports that Iranian Deputy Foreign Minister Hossein Amir Abdollahian (pictured) has dismissed suggestions that his country had dispatched Sukhoi fighter jets to Iraq. In an interview with the Iran-based Arabic-language Al-Alam on Sunday he said: "The Iraqis have not yet made any demands from the Islamic Republic of […]
By John Lee. Israeli prime minister Benjamin Netanyahu (pictured) has expressed his support for Kurdish statehood, taking a position that appears to clash with the US preference to keep Iraq united. In a speech to a Tel Aviv thinktank on Sunday, Netanyahu called for the establishment of an independent Kurdistan as part of a broader […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Competing geopolitical interests; competing media narratives in Iraq:
The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. It’s going to be cited a lot, so it’s worth taking a closer look […]
By John Lee. Middle East Monitor reports that the unrest in Iraq costs Jordanian industries approximately $113 million per month. The Chairman of Jordan's Small and Medium Enterprises (SMEs) Association, Fathi Jaghbir, said exports to Iraq have "almost stopped", adding: "The unstable situation in Iraq has damaged a large industry in Jordan. Iraq is one of […]
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. Inside IS’ Mosul: No Fuel, New Fashions and Banned Christian Water Workers It has been several weeks since Sunni Muslim extremists took over the northern Iraqi city of Mosul. Locals […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Sunni rebellion in Iraq was years in the making. They have long felt marginalized and targeted by the Shia led government of Prime Minister Nouri Al Maliki. Al Jazeera's Zeina Khodr reports […]
By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi government may find it difficult to dissuade armed Sunni groups from fighting alongside the Islamic State of Iraq and al-Sham (ISIS) without seriously addressing Sunni concerns, including reforming the government and constitution. The […]
With nearly one million people currently displaced throughout North and Western Iraq, UNFPA, the United Nations Population Fund, warns that about 250,000 women and girls, including nearly 60,000 pregnant women, are in need of urgent care. While an estimated 225 women will give birth every day, approximately 1,000 pregnant women each month will encounter life-threatening […]
By John Lee. Paul Wolfowitz has said that Ahmed Chalabi (pictured), the Iraqi who helped spur the U.S. invasion of his country, would be viable as its next prime minister though close ties he established with Iran pose an impediment. Speaking to Bloomberg Television, he said: “The man is a survivor ... That’s impressive. I […]
