Iran’s Ministry of Roads and Urban Development warned companies against shipment of oil products to and from the Iraqi Kurdistan “until further notice”. The decision is in line with Tehran’s series of measures in response to a referendum held in the semi-autonomous region on possible secession from Iraq which has drawn international criticism. “Given the […]
From Al Monitor. Any opinions here are those of the author, and do not necessarily reflect the views of Iraq Business News. Russian President Vladimir Putin had been banking on Iraqi Kurdistan Region President Massoud Barzani. Over the past year, Russia has invested over $4 billion in the Kurdistan Region’s energy sector, overtaking the United […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria over the weekend, conducting 69 strikes consisting of 88 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Officials reported details of the weekend's strikes, noting that assessments of results are based on initial reports. Sept. 30 […]
By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In spite of the intense international focus, the Kurdish referendum was almost a non-event for the market during the month. Thoughts on the referendum’s […]
Iraqi Prime Minister Haider al-Abadi has hinted that his government wants to take control of revenue generated from Kurdish oil exports. The measure is the latest of a set of actions taken by Baghdad against the Kurdistan Region for carrying out last week's referendum that saw a 92-percent vote for independence, the first of which […]
By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for September of 97,204,267 barrels, giving an average for the month of 3.240 million barrels per day (bpd), slightly more than the 3.216 bpd exported in August. The exports were entirely from the southern terminals, with no exports from Kirkuk via Ceyhan. Revenues for […]
The armed forces of Iran and neighboring Iraq plan to hold joint military exercises in coming days, Deputy Chief of Staff of the Iranian Armed Forces Brigadier General Massoud Jazayeri announced. Speaking to the Tasnim News Agency, Brigadier General Jazayeri said the commanders of Iran’s Armed Forces held a meeting on Saturday chaired by Chief […]
On Thursday - October 5th - The Iraqi Children Foundation (ICF) and awesome IRONMAN challenger Mais Abousy are joining forces to compete for a share of $50,000 in cash for Iraq's most vulnerable kids. Mais, an Iraqi-American mother and lawyer, is training for the October IRONMAN where she will compete carrying US and Iraqi flags. She will swim 1.2 […]
A total of 203 Iraqi civilians were killed and another 389 injured in acts of terrorism, violence and armed conflict in Iraq in September 2017*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The number of civilians killed in September (not including police) was 196, while the number of […]
By John Lee. Associated Press reports that American military contractors operating in Iraq are accusing Baghdad of employing strong-arm tactics to make them pay exorbitant income taxes. To force payment of the taxes, which the companies say are haphazardly calculated and can total millions of dollars, Iraqi authorities are alleged to have held up, and […]
By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi security forces have moved toward the key Islamic State-held town of Qaim on the Syrian border, meeting with scant resistance. The operation is ongoing, and they will likely […]
Military operations to retake Hawija district and surrounding areas, which began on 21 September, have to date displaced more than 2,400 individuals from Hawija, Kirkuk governorate and Shirqat, Salah al-Din governorate. The majority displaced to Ninewa governorate, including 1,700 individuals bussed by Iraqi authorities to IOM’s Haj Ali emergency site 60 km south of Mosul. […]
