Archive | 2015

Collaboration between Soran and Leicester Unis

Kurdistan Region Prime Minister Nechirvan Barzani, recently received President and Vice-Chancellor of the University of Leicester, Professor Paul Boyle and the President of Soran University, Dr. Muslih Mustafa. Professor Boyle pointed out the collaboration between Leicester and Soran Universities, stressing that both universities’ have close vision to academic and scientific development, which has been in […]

WesternZagros Operational and Corporate Update

WesternZagros Resources has provided an operational update for its Garmian Block in the Kurdistan Region of Iraq, and a corporate update. Hasira-1 Well The Hasira-1 well is in the process of being suspended after conducting a cased-hole testing program in the high pressure Mio-Oligocene oil reservoir. During this test the wellbore experienced a considerable influx […]

Move to Private Sector Vital For Progress

The financial losses being made by Iraq’s state owned enterprises are “not acceptable” and the Government is pushing through new legislation to prioritise the growth of the private sector, the Prime Minister’s Chief of Staff told a high-level business conference in Baghdad last week. Speaking at the Iraq Britain Business Council (IBBC) event in the […]

Dana Gas Production Up

By John Lee. As part of its Q1 2015 Report, Dana Gas has given the following update on its operations in Iraqi Kurdistan: In the Kurdistan Region of Iraq, the Company saw its quarterly share of production (40%) in the Khor Mor Field marginally increase by 3.7% to 30,400 boepd (Q1 2014: 29,300 boepd) while […]

IWPR Iraq Director Killed in Baghdad

Ammar Al Shahbander, long-standing Chief of Mission in Iraq for the Institute for War & Peace Reporting (IWPR), has been killed in a car bomb attack in the busy commercial area of Karrada in Baghdad. It is believed that up to 17 people were killed in twin bomb blasts in the area. Emad al-Sharaa, also […]

Iraqis need to Build State, Not just Defeat IS

By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Preparing for the post-Islamic State (IS, ISIS. ISIL) era is not premature — it is a fundamental issue that Iraqis, including the political and cultural elite, have already begun to address. […]

Video: Iraq blames IS for Baghdad Blasts

At least 13 people have been killed in 2 explosions in the Iraqi capital, Baghdad. The bombs went off just minutes apart, in a popular commercial area. The first was a suicide car bomb that detonated near restaurants and cafes filled with customers. The second bomb struck in the same neighbourhood.Some lawmakers are blaming ISIL […]

Ancient Market at Heart of Modern Baghdad

By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Souk al-Shorja is Baghdad's oldest market. It was established in the late Abbasid period about A.D. 750 and was first called Souk al-Rayahin then Souk al-Attarin. It is part of the historic area that includes […]

Iran Nuclear Deal: Migrants Plan to Leave Iraq

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. Thanks to Nuclear Deal, Iranian Migrant Workers Plan To Leave Iraq The nuclear compromise between Iran and Western powers is a chance to return home and be with our families, […]

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Crisis Kills Off Kurdish Media

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. Blank Pages: Financial Crisis Kills Off Iraqi Kurdish Media, Endangers Fourth Estate Before the current financial and security crisis, some of the media in Iraqi Kurdistan had been thriving. Now, […]

World Bank to Help Regions Recaptured from IS

By John Lee. The World Bank is seeking to finance development projects in areas recaptured from Islamic State (IS, ISIS, ISIL) militants, according to a report from Reuters. Regional vice president Hafez Ghanem (pictured) told the news agency he would also meet with Iraqi officials to discuss ways to help the government tackle its budget […]

UNESCO opens New School for IDPs

UNESCO and its partners celebrated with students and teachers the opening of the newly constructed Migrant Birds Intermediate School for internally displaced persons at Al-Souq Al Asry Camp in Basrah, Iraq. The opening of the school in Al Souq Al Asry camp shortly follows the opening of the Baharka Secondary School and the Dawodiyah Secondary […]