By Anne-Laure Barbosa at Constellis Consulting As ISIS consolidates its positions and increases its territorial control across the north and west of Iraq, its leader Abu Bakr al-Baghdadi announced the creation of an ‘Islamic Caliphate’ on 29 June in areas overrun by insurgents. While largely symbolic, this announcement represents another blow to the central government, which […]
By John Lee. Bloomberg reports that Iraqi Kurdistan will keep Peshmerga troops in the nearby oil hub of Kirkuk until people there can vote on whether to join the Kurdish enclave. Safeen Dizayee (pictured), spokesman of the Kurdistan Regional Government (KRG), said: “As a people, we have the right to be independent, but the issue […]
By John Lee. An official source at the Saudi Arabian Ministry of Foreign Affairs has said that King Abdullah bin Abdulaziz Al Saud has ordered $500 million of humanitarian aid for Iraqi people affected by the recent tragic events, including displaced people, regardless of their religious, doctrinal or ethnic affiliations. The United Nations Secretary General […]
On Wednesday, June 25th 2014, the first hypermarket under the French Auchan banner was opened in the Kurdistan Region of Iraq. This 6,000 sqm store is part of a 106-shop mall, located near the center or Erbil [Hewlêr]. The opening of this store is based on a franchise agreement between the Auchan Group and SI Retail, one […]
By John Lee. Sunnis and Kurds walked out of the first session of Iraq's new parliament on Tuesday after Shi'ites failed to name a prime minister to replace Nuri al-Maliki, according to Reuters. With Shi'ites failing to name a prime minister, Sunnis and Kurds refused to return to the chamber after a recess. The Shi'ite […]
Deputy Prime Minister Qubad Talabani yesterday chaired a meeting which included several ministers, the KRG Oil and Gas Council, and Kurdistan’s governors to discuss measures to tackle fuel shortages in the Region. The meeting was designed to identify solutions to overcome the current fuel shortage, considering the current situation in Kurdistan and throughout Iraq and […]
According to casualty figures released today by UNAMI, a total of at least 2,417 Iraqis were killed and another 2,287 were injured in acts of terrorism and violence in June. (Data do not take into account casualties of the current IA operation in Anbar, for which we report at the bottom the figures received by […]
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Pentagon will send a total of 800 troops to Iraq to help the country combat ISIS. CNN's Barbara Starr reports.
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Prime minister fights back against Sunni-led rebellion - and those who want him replaced. Sami Zeidan speaks to Mark Kimmitt - a former US state department official and retired Brigadier General; Saad Jawad […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Fear of getting caught up in violence and difficulty getting visas to Iraq are affecting businesses in Jordan.
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. While battles with Sunni extremist militants continued to grip the country, Iraqis began fasting for the Muslim holy month of Ramadan. Shoppers were out Monday morning buying provisions:
By John Lee. Iraq has received the first batch of fighter jets from Russia to help it repel the offensive by Sunni rebels. The defence ministry said five Sukhoi SU-25 attack aircraft would enter service in "three to four days". Prime minister Nouri al-Maliki told the BBC last week that his government had signed a […]
