From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Hundreds of Syrians and Iraqis cross the border from Greece into Macedonia.
Video: Iraq Migrants leave Greece for Macedonia
Archive | 2015
Seminar On Devolution gets Support
Seminar On ‘Devolution as part of National Reconciliation’, Gets The Support Of Iraqi Political Leaders More than 120 senior Government officials and civil society leaders including the governors of nine Iraqi provinces and representatives from fifteen Iraqi governorates today participated in a seminar on ‘Devolution as Part of National Reconciliation’, to discuss how devolution of […]
ISIS Hit 300 Times by British Aircraft
By Simon Kent. The Royal Air Force has launched a total of 300 sorties against the self proclaimed "Islamic State," according to a report on the strikes released by the UK's Ministry of Defence. In military parlance, a "sortie" is a mission where bombs are dropped, as opposed to a mission which may not find […]
MOL Reduces Akri Bijell Investment
By Simon Kent. Aberdeen based oil and gas company MOL Group have reduced their planned investments at Akri Bijell in the Kurdish region of Iraq, Rigzone reports. The new plans will see one well operational at 2200 bpd, while Bijell 4 and Bijell 6 appraisal wells encountered more geological complexity than envisaged. MOL have struggled in the region […]
Turkish Forces Raid Iraqi Kurdistan
By Simon Kent. The New York Times has reported on a Turkish incursion in the mountains of Northern Iraq to destroy Kurdish Workers' Party (PKK) positions. The incursion comes in response to a recent IED attack inside Turkey which killed 14 police officers in a mini bus. The raids--20 military strikes according to the report--have […]
Justice Ministry Official Kidnapped in Baghdad
By Simon Kent. Various sources have reported Tuesday that acting deputy justice minister Abdel Karim Faris was kidnapped in northern Baghdad, by "black clad" assailants. One source Iraq Business News spoke with speculated that terrorists had taken advantage of PM Haidar al Abadi's recent decision to cut security staff for politicians, but in the absence of details we […]
Iraqi Kurdistan Pays $75 Million to IOCs
By Simon Kent. The Kurdish Regional Government (KRG) has released a statement saying it has put aside $75 million to pay three IOCs, Genel Energy, DNO and Gulf Keystone. The announcement follows payment disruption to the IOCs from the ongoing Baghdad--Erbil revenues and exports dispute. Additionally, the KRG has pledged regular payments, welcome news to the […]
Tags: Abdel adel Mehdi, Ashti Hawrami, Baghdad, Ceyhan, DNO, featured, Genel, Kirkuk, KRG, Kurdish regional government, Oil and Gas, pipelines
Eleven US Air Strikes Hit ISIS in Iraq
By Robert Tollast. The US Department of Defence has reported 11 air strikes in Iraq, usually indicative of 24-48 hrs of activity. Coalition aircraft normally conduct air strikes along three fronts in Iraq, the Euphrates front, which cuts across western Iraq to Syria and covers the western flank of Baghdad, and includes the ISIS occupied […]
Tags: Air Strikes, Daesh, fallujah, featured, Iraq, ISIS, Ramadi, Syria, Tikrit, United States, US Department of Defence
ISIS Chemical Attack Confirmed
By Simon Kent. The German Federal Intelligence Service, or BND (Bundesnachrichtendienst) has confirmed from laboratory tests that ISIS has used chemical weapons against Kurdish forces in Northern Iraq. The German paper Bild reported that the conclusion was made after taking blood samples from injured Kurdish fighters, reporting that the gas used was sulpher mustard, more commonly known […]
Tags: BND, chemical weapons, CW, featured, Geneva Convention, germany, ISIS, Kurds, Mustard Gas, Peshmerga
Low Oil Price Threat to Iraq's Eurobond Bid
By Simon Kent. A recent report by Standard & Poor gave Iraq a B- foreign currency rating, indicating significant risk for investors, but nonetheless noted that in the short term, the economy would remain stable with 0.3% growth and longer term, up to 5% from rising oil output up to 2018. That is the good news […]
Tags: bond market, eurobond, fitch ratings, Global Evolution, Greece, Investors, Iraq, Standard and Poor
Baghdad Devolves Powers to Thi Qar Province
By Simon Kent. 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. Around a fortnight ago, in the southern Iraqi province of Dhi Qar, the Iraqi government ceremonially handed over many of its powers to the local authorities. It's […]
Radisson Blu Hotel Announced for Erbil
By Simon Kent. Carlson Rezidor, the international hotel group with over 1,300 hotels in over 100 countries, has announced that it has finalized a deal for a new hotel, 3kms from Erbil International Airport. According to Gulf News, the 260-room hotel will be located in the Western suburbs and contain an all-day dining restaurant, speciality restaurant, lobby bar, […]