By John Lee. Iraq's Ambassador to Iran, Rajeh Saber Aboud al-Moussavi, has said that Tehran and Baghdad are in talks on investment in the joint Azadegan oilfield. The field, situated 80-100 kilometres west of Ahvaz in Khuzestan province in Iran, was discovered in 1999, and has reserves estimated at 33 billion barrels. It is already […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Bomber, fighter and remotely piloted […]
By Saad Salloum for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Christians take up arms to regain lost land Christians formed armed units to regain land lost when the Ninevah Plains were invaded by the Islamic State (IS) in June 2014. Though […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's gateway to Europe, the northern city of Erbil is the first bottleneck on a long and uncertain journey for a growing number of Iraqis choosing exile:
By John Lee. Austrian-based Andritz has won a contract to supply 121 pumps and 18 booster stations for a new drinking water treatment plant in Samawa, Iraq, on behalf of PWT Wasser- und Abwassertechnik, Germany. The new plant will pump up 220,000 m³ of water from a branch of the river Euphrates, which will then […]
By John Lee. According to BasNews, the Iraqi parliamentary report into the fall of Mosul reveals that Islamic State (IS, ISIS, ISIL) militants were levying taxes at every level throughout Nineveh Province prior to the capture of Iraq’s second largest city in June last year. The IS group was generating up to $11 million every […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. XXX trumps IS as Iraqi lawmakers focus on eradicating Internet porn Abdul-Hadi al-Hakim, an Iraqi parliament member with the Citizen Coalition, announced July 28 that more than 150 parliament members' signatures had been collected […]
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. Criminals In Uniform: Baghdad's Dodgy, Booming Business in Military Clothing Thanks to the current security crisis, there are so many Iraqis now playing a military role in Iraq that it […]
By John Lee. The KRG’s Ministry of Natural Resources (MNR) has issued a statement which it claims will "set the record straight on oil export and revenue:" The full text of the statement is shown below: In 2014, Dr. Maliki’s government cut the entire Kurdistan budget creating a financial crisis for the people of the […]
By John Lee. Delegations from two Iranian banks have visited Baghdad to discuss the resumption of banking ties between the two countries. Morteza Shahidzadeh, the Managing Director of Iran’s Keshavarzi Bank, and Managing Director Hassan Motamedi of Eghtesad Novin (EN) Bank, will meet with top Iraqi banking officials. According to a report from AIN, Iran […]
By John Lee. The Iraqi Commission of Integrity has announced that over 2,000 people, are to face trial for corruption. According to a report from BasNews, this number includes 13 govenment ministers. At a press conference in Baghdad on Thursday, the Head of the Commission, Hassan al-Yassiri declared that in support of the Iraqi Prime […]
By an Al-Monitor correspondent in Tehran. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The world has borne witness to countless crimes committed by Islamic State militants in Iraq and Syria over the past year. Iraqi and Syrian children have not been spared from these atrocities. […]
