By Walaa Hussein for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Middle East is facing a water crisis. As the region experiences conflicts over water and faces the continuous risk of war breaking out, experts on water predict that the Islamic State […]
Oryx Petroleum has announced its financial and operational results for the three months ended March 31, 2015. (All dollar amounts set forth in this news release are in United States dollars, except where otherwise indicated). Financial Highlights: Total revenues of $5.3 million on working interest sales of 128,700 barrels of oil and average realized sales […]
To review the latest prospects for and progress of the December 2, 2014 agreement between the KRG and the Federal Government of Iraq, a joint meeting between the Kurdistan Region Council of Ministers’ Presidency and Kurdistan representatives in Baghdad was held in Erbil on Wednesday. After being presented with details and data of oil export […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi security forces are still battling for the control of the country's largest refinery in Baiji, where the Islamic state group has been launching several offensives:
International learning solutions provider Atlas Knowledge has signed a landmark deal that will see it work with the Iraqi Government to deliver world class safety and technical training to the country’s burgeoning oil and gas workforce. The contract with the Ministry of Oil and Baghdad Oil Training Institute (BOTI) will see Atlas Knowledge deliver a […]
By John Lee. The weak Czech crown is complicating the reccently-agreed sale of the Czech L-159 combat aircraft to Iraq, according to reports from Prague Monitor and Hospodarske noviny (HN). The Czech government now wants Penta, the owner of the mediating firm Aero Vodochody, to pay it 850 million crowns ($35 million, 41 billion Iraqi […]
Prime Minister Haider Al-Abadi received Mr. Akhiko Tanaka, the President of Japan International Cooperation Agency (JICA) and the accompanying delegation on Monday. The meeting discussed the projects implemented by the agency and its future plans in addition to the role of Japan in supporting Iraq in different fields. Dr. Al-Abadi welcomed the delegation and commended […]
Kurdistan Region President Masoud Barzani and an accompanying senior KRG delegation met with Hungarian Prime Minister Victor Orban in Budapest on Monday to discuss bilateral ties, and the Hungarian support for the Kurdistan Region in its fight against the ISIS terrorists. In this meeting, Prime Minister Orban expressed his country’s strong support for the people […]
By Shelly Kittleson for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Restrictions on Iraq's displaced people worsen Shiite-Sunni divide Shiite Turkmen who fled Islamic State (IS, ISIS, ISIL) beheadings in northwestern cities have traveled several hundred kilometers to places of pilgrimage and […]
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. Flirting With The Law: Baghdad's Policewomen Experiment On The Roads In Baghdad, an experiment that sees women police officers directing traffic for the first time in years has become a […]
By John Lee. Iraq plans to export a record volume of crude oil from its Gulf ports in June, reports Reuters. The State Oil Marketing Organization (SOMO) has reportedly allocated over 3.1 million bpd of Basra crude to buyers in a preliminary June loading programme, up from the usual monthly total of between 2.6 million […]
By John Lee. Kuwait's Zain Group has reported a 26.7 percent fall in first-quarter profit on Tuesday, as its Iraq business suffered from political instability and intense competition. Zain Group CEO, Scott Gegenheimer (pictured) noted: “The quarter reflected mixed results in what were quite challenging conditions in several of our key markets, especially Iraq where […]
