Archive | 2016

Genel Energy Trading and Operations Update

Genel Energy plc issues the following trading and operations update in respect of Q3 2016. The information contained herein has not been audited and may be subject to further review. Murat Özgül (pictured), Chief Executive of Genel, said: "Genel has received $163 million in cash proceeds during 2016, underpinning the drilling of successful production wells […]

Oman Air commences flights to Najaf from November

By John Lee. Oman Air has announce that it will be commencing its four times weekly service from Muscat to Najaf from November. Paul Gregorowitsch, Chief Executive Officer at Oman Air, said: “Following a temporary delay of our service to Najaf as the Operational teams were assessing and scheduling all fleet types for safe deployment […]

Noose Tightening Around ISIL in Mosul, Carter Says

The contributions of coalition partners in the fight against the Islamic State of Iraq and the Levant are invaluable, Defense Secretary Ash Carter said today at the opening of the counter-ISIL small group defense ministerial at Hexagone Balard, the new French defense ministry building in Paris. The secretary, in prepared remarks, said the coalition defense […]

Counter-ISIL Strikes Target Terrorists in Iraq, Syria

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria on Monday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Fighter and remotely […]

Video: Kurdish Perspective on Turkey’s Iraq Involvement

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Turkey's foreign minister has said its troops have killed 17 ISIL fighters with artillery and mortars since the operation in Mosul began. However, Ankara is locked in a dispute with Baghdad over the […]

Emerson Expands Support Facility in Iraq

US-based technology and engineering company Emerson has officially opened its expanded facility in Al Majal Business Park in North Rumaila. The company moved from its existing facility in Albradheya, Basrah to the new facility to increase its capabilities and address the needs of its continuously expanding installed base. The Al Majal facility will serve as […]

JLT Mobile Computers Supplies BGT

By John Lee. Sweden's JLT Mobile Computers has announced that it has successfully delivered a total of 50 JLT VERSO 12 mobile computers to the Basra Gateway Terminal (BGT). BGT, a container and multi-purpose cargo handling facility at the port of Umm Qasr, is operated by Philippines-based International Container Terminal Services Inc. (ICTSI); it opened […]

IBBC Autumn Conference Cancelled

By Padraig O'Hannelly. The Iraq Britain Business Council (IBBC) has had to cancel its Autumn Conference, originally scheduled for 6th November in Dubai, due to circumstances beyond its control. A spokesperson told Iraq Business News that planning is now underway for an alternative conference to be held in Baghdad in December, with details to be […]

New LinkedIn Group to Promote SMEs in Iraq

By Padraig O'Hannelly. A new LinkedIn group has been created to help promote new businesses in Iraq. The Iraqi Crowdsourcing Group is dedicated to Iraqi entrepreneurship, projects, business ideas, solutions to problems Iraqi startups face, and innovation to ensure that successful and efficient new businesses are created. It has been set up by Aziz Al […]

Iraqis Taking Ground from ISIL Around Mosul

As of Sunday, Iraqi forces have taken an estimated 800 square kilometers from the Islamic State of Iraq and the Levant in the battle for the city that began Oct. 17, U.S. officials told reporters today at a Pentagon briefing. Speaking on background, they said the battle to retake Mosul from ISIL has seen good […]

Coalition Strikes Hit ISIL Terrorists in Iraq, Syria

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria on Sunday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter […]

Could Kurdish Independence lead to New Iraq War?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In 2014, following the withdrawal of Iraqi forces, Kurdish Peshmerga troops seized the oil-rich city of Kirkuk from the Islamic State of Iraq and the Levant (ISIL). Two years on and with a […]