Archive | 2019

The Subtle Power of Sistani

By Harith Hasan, for Carnegie Middle East Center. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. On November 11, Grand Ayatollah Ali al-Sistani received Jeanine Hennis-Plasschaert, the representative in Iraq of the United Nations secretary general. Sistani welcomed a reform plan proposed by Plasschaert […]

DNO announces Oil and Gas Discovery

DNO ASA, the Norwegian oil and gas operator, today announced issuance of a notice of discovery to the Kurdistan Regional Government of Iraq on the Baeshiqa-2 exploration well, in accordance with the requirements of the Production Sharing Contract, after flowing hydrocarbons to surface from the upper part of Triassic Kurra Chine B reservoir. Following acid […]

Security Forces Attack Medics Treating Protesters

By John Lee. Iraqi security forces have attacked medical workers for treating protesters since protests began on October 25, 2019, firing on medical workers, tents, and ambulances with teargas and live ammunition, Human Rights Watch (HRW) said on Thursday. The attacks have left at least one medic dead. “Medics have become another victim of the […]

IBBC hosts Major Iraqi Business Delegation in London

IBBC hosts largest ever delegation of Iraqi business people at London Business Forum In a wide-ranging business event over 230 Iraqi business-people and 70 British gathered to meet and discuss Business relations, trade, investment and engagement with the UK’s Business community. Delegates from all regions of Iraq through the chambers of commerce gathered to hear […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th November 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD646 (+0.2%) / $687 (+0.2%) (weekly change) (-2.0% and -3.2% YTD change, respectively). The number of week traded […]

Is Iran trying to Hijack Protesters’ Demands?

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Is Iran trying to hijack Iraqi protesters’ demands? In reaction to continuing mass protests that began Oct. 1, the Supreme Judicial Council is reviewing the Iraqi Constitution and will submit proposed amendments to parliament […]

Pompeo calls on Iraq to Enact Reforms and Tackle Corruption

The following is attributable to US State Department Spokesperson Morgan Ortagus: Secretary of State Michael R. Pompeo spoke [on Tuesday] with Iraqi Prime Minister Adil Abd al-Mahdi. Secretary Pompeo emphasized that peaceful public demonstrations are a fundamental element of all democracies. The Secretary deplored the death toll among the protesters as a result of the […]

US Interests and the Unsustainable Status Quo in Iraq

By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. U.S. Interests and the Unsustainable Status Quo in Iraq The unprecedented protests in Iraq underline the reality that Iraq is slowly failing as a state. […]

Iraq – Discovering Business 2020

Allurentis, UK publishers of The New Iraq series, are now in production of Iraq – Discovering Business 2020. The publication will be launched at the end of this year and circulated to companies and individuals looking to trade and invest in Iraq throughout 2020. There are opportunities for organisations from all sectors to promote their services to […]

MAN provides 53 MW of Electrical Power to Iraq

Germany's MAN Energy Solutions is providing a drink can factory of the Royal Can Making Company (RCMC) in Iraq with six MAN 18V32/40 CD engines, with a total capacity of 53 megawatts (MW). The recently constructed power plant in Baghdad, the capital of Iraq, will supply power to the RCMC manufacturing site and also to […]

Taiwan signs MOU with Sulaimaniyah Chamber

By John Lee. The government-sponsored Taiwan External Trade Development Council (TAITRA) has reportedly signed a memorandum of understanding (MOU) with the Sulaimaniyah Chamber of Commerce & Industry (SCCI) in a bid to promote bilateral trade. Taiwan News says the document was signed by SCCI President Sirwan Mohammed Mahmood and TAITRA Executive Vice President Leonor F. […]