From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. CNN's John Vause speaks to former US State Department adviser David Tafuri about the situation in Iraq:
UNESCO representative and Iraq Office Director Axel Plathe congratulated Iraq, and in particular the Kurdistan Region for the inscription of the Erbil Citadel on UNESCO’s World Heritage List, hoping that this step opens new opportunities for the local community, and brings the well-deserved international attention to this historical site. “On behalf of UNESCO I would […]
By John Lee. OSI Systems Inc. has announced that its Security division, Rapiscan Systems, has received a Foreign Military Sales (FMS) contract from the U.S. Department of Defense valued at approximately $102 million to supply multiple units of its cargo and vehicle inspection systems and related training, spare parts, service and logistics support for Iraq. […]
By John Lee. Zaha Hadid has won the RIBA-run international competition to design a new parliament complex in Iraq, despite coming third in the original contest, reports Building Design. According to the report, the deal has been shrouded in secrecy with leading Iraqi architectural critic Ihsan Fethi complaining that he has yet to see what […]
By John Lee. Iraq has been ranked in 123rd position out of 125 countries in the newly-devised Good Country Index, placing it just ahead of Vietnam and Libya. The idea of the Good Country Index is to measure what each country contributes to the common good of humanity, and what it takes away. Using a […]
By John Lee. Oryx Petroleum Corporation Limited has announced that it has sold its first offtakes of crude oil into the domestic market from the Demir Dagh field in the Hawler license area in the Kurdistan Region of Iraq. Oryx Petroleum is the operator and has a 65 percent participating and working interest in the […]
By John Lee. Oil services company Petrofac has shrugged off worries that its performance will be hit by the unrest in Iraq. In a trading statement on Tuesday, the company said: "Our operations in Iraq are south and east of Baghdad and represent less than 5% of the Group's expected revenues for 2014. "While we […]
By John Lee. Sunni rebels led by the Islamic State of Iraq and the Levant (ISIS, ISIL) have taken control of Baiji [Bayji] refinery, near the town of Tikrit, according to Al Jazeera sources. While foreign minister Hoshyar Zebari told Al Jazeera on Tuesday that Iraqi special forces soldiers were in control, the news agency's sources […]
The Kurdistan Regional Government UK Representation has announced that British Expertise will host a workshop on doing business in Kurdistan on 8th July, in advance of its trade mission to Erbil and Dohuk in September. This special workshop includes case studies from companies that have undertaken or won projects in Kurdistan. Lyn Edwards, Senior Partner […]
By John Lee. Turkish Energy Minister Taner Yıldız (pictured) told journalists on Monday that a third shipment of oil from Iraq's Kurdistan Regional Government (KRG) had been transported via Turkey's Ceyhan pipeline and that a fourth was being prepared for shipment. According to a report from Cihan, the transactions for the oil sales are being conducted […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. US Secretary of State John Kerry on Monday pledged "intense" support for Iraq against the "existential threat" of a major militant offensive pushing toward Baghdad from the North and West:
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. ISIS captured a key town on the border between Iraq and Syria. They now control 70 percent of Anbar province:
