Archive | 2017

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st Dec 2017). Note: ISX will be closed from December 26, 2017 to January 1, 2018 due to the end-of-year closing operations. The next session will be held on Jan. 2, 2018. Please click here to download a table of listed companies and […]

Iraq to use Drones to Protect Pipelines

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has called on his Ministry draw up plans to build a new system to protect Iraq's pipelines network using new technology including drones. New monitoring systems and advanced cameras will also feature in the scheme, which is due start in the first quarter of 2018. […]

NATO trains Iraqi Security Forces on Demining

In November and December this year, a mobile training team led by Slovakia conducted a training course in manual demining for Iraqi Security Forces. This was held in Iraq in the framework of NATO's training and capacity building activities in support of Iraqi security forces and institutions. It was developed and implemented in coordination with […]

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

Pipeline Network to cover all of Iraq

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has reportedly said that Iraq plans to build a network of pipelines to transport oil products throughout the country, as an alternative to expensive and hazardous road transport. Reuters quotes him as saying that the network will be part of a strategic plan that includes pipelines […]

Mosul University -- a Symbol of Hope

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. Visiting Mosul University, a Symbol of Hope for a City in Ruins Iraq’s second largest university was under the control of anti-education extremists for three years. Recently reopened, both students […]

Military Strikes Continue Against ISIS Terrorists

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria between Dec. 18 and yesterday, conducting 11 strikes consisting of 21 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the most recent strikes, noting that assessments of results are based on initial reports. […]

Baghdad seeks Concessions before Negotiating with Kurds

By Kamal Chomani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Trying to jump-start discussions with Iraq's central government, the Kurdistan Regional Government (KRG) in Erbil recently announced it will respect the Iraqi Federal Court's ecision that the KRG independence referendum was unconstitutional. But Baghdad has amplified its demands for opening a dialogue, which […]

Oil Ministry starts taking over Majnoon Ops

By John Lee. Reuters reports that Iraq's oil ministry has said it had started to take over operations at Majnoon oilfield from Shell. Earlier this year, Shell said it will exit the field, which is expected to happen by the end of June. The ministry has formed a management team to handle production after the […]

Kurdistan quickly Descending into Chaos

By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  The Kurdistan region of Iraq is fast descending into chaos, with protests continuing for the third day in some parts of Sulaimaniyah province and security forces using live ammunition […]

Shaikan Payment Update

By John Lee. Gulf Keystone Petroleum (GKP) has confirmed that a gross payment of $15.0 million ($12.0 million net to GKP) has been received from the Kurdistan Regional Government (KRG) for Shaikan crude oil export sales in August 2017. (Source: GKP)