Kurdistan Region Prime Minister, Nechirvan Barzani told the press that Kurdistan Regional Government is committed to the agreement reached between Erbil and Baghdad last December on oil export and Kurdistan Region's share in the 2015 federal budget. In a meeting held yesterday with representatives of media outlets in Kurdistan Region, Prime Minister Barzani highlighted the […]
By Mustafa al Kadhimi for Al Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the opinions of Iraq Business News. Many Iraqi politicians do not hide their concerns and skepticism regarding moves made by Sunni political and tribal groups — whether in the region or Washington — to ensure […]
By John Lee. Zekra Al Wash [Thikra Alwash] (pictured), a civil engineer and director general of the Ministry of Higher Education, has been named as the new mayor of Baghdad. According to a report from AFP, this makes her the first woman to be given such a post in the whole country. Al Wash replaces […]
By John Lee. The Head of Tehran Chamber of Commerce, Yahya Al-e Es'haq [Yahya Ale-Eshaq] (pictured), has said that Iran exported technical and engineering services valued at almost $6 billion (7.2 trillion Iraqi dinars) to Iraq in the first eleven months of the current Iranian calendar year (March 21, 2014-February 19, 2015). Fars News Agency […]
By John Lee. Pakistan's Lucky Cement has reported progress at its grinding unit in Iraq. Analyst Nabeel Khursheed at Topline Securities commented that operations from Iraq contributed net earnings of Rs323m (eps Re1) to Lucky’s consolidated bottom-line. (Source: DAWN.COM) (Picture: Muhammad Ali Tabba, CEO of Lucky Cement)
British Charity Opens Medical Clinic for Iraqi Refugees in Najaf The British-Iraqi charity, the AMAR International Charitable Foundation, has opened a clinic in the Iraqi city of Najaf to give medical assistance to the 70,000 refugees who fled to the region from the Islamic State (ISIL/Daesh). The majority of the Internally Displaced People (IDPs) are […]
A United Nations report released this week details widespread human rights violations of an increasingly sectarian nature in Iraq, as well as a deterioration of the rule of law in large parts of the embattled country. The report, produced jointly by the UN Assistance Mission for Iraq (UNAMI) and the Office of the UN High […]
National Overview The United States offers April date for Mosul offensive as use of foreign military hardware is increased across Iraq’s western battle zones. Announced to the international press on Thursday 20 February (and confirming details reported by EI in December 2014), the United States has committed to training a joint Arab-Kurdish force, including divisions […]
States and Markets in Hydrocarbon Sectors - A Forward Contribution By Ahmed Mousa Jiyad. I was privileged indeed to write the forward for an important book, “States and Markets in Hydrocarbon Sectors”, edited by my colleagues Professor Andrei V. Belyi (University of Tartu, Estonia) and Professor Kim Talus (University of Eastern Finland). In May last […]
By Nour Hamid. This is an extract from an article originally published by Nina Iraq, and is reproduced here with permission. It was around noon when my flight arrived at College Station TX – my home for the next two years as a graduate student at Texas A&M University. After a long flight from Baghdad, […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 19th February 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,184 (-6.3%) / $1,242 (-6.1%) (weekly change) ) (-15.0% and -16.2% YTD change, respectively). The number of week […]
By John Lee. Iraq’s defence minister, Khaled al-Obeidi [al-Obaidi] (pictured), criticised the US on Sunday for announcing that an attack to reclaim Mosul from the Islamic State (IS, ISIS, ISIL) was likely to take place in April or May. According to a report from The Guardian, he said that military commanders should not show their hand […]
