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Call to Investigate Threats Against Reuters Chief

The Committee to Protect Journalists (CPJ) has called on Iraqi authorities to investigate death threats against Reuters' bureau chief in Baghdad and ensure that journalists are able to work in Iraq without fear of reprisal. Ned Parker was forced to flee Iraq following death threats, Reuters reported on Saturday. "Threats aimed at silencing journalists, no […]

Video: PM to ask US for more Arms, Strikes

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi Prime Minister Haider al-Abadi said Monday that he will use a visit to the United States to seek increased air support and arms deliveries to aid Baghdad's battle against jihadists.

IS Attacks Baiji Refinery

By John Lee. Islamic State militants (IS, ISIS, ISIL) breached the security perimeter around Baiji [Beiji, Bayji) refinery on Monday, but were repelled by security forces and coalition airstrikes. The 20-square-kilometer site was under siege for five months last summer, until its liberation in November. According to Reuters, provincial council member Khazaal Hammad said the […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th April 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,147 (-0.3%)/ $1,141 (-5.5%) (weekly change) ) (-17.6% and -23.0% YTD change, respectively). The number of week traded […]

Abadi Fires over 300 Army Officers

By John Lee. Prime Minister Haider al-Abadi (pictured) has "[sent] more than 300 officers in the ministry of Defense into retirement. This comes within a plan to reorganize the hierarchy of the Iraqi Army and make it more active and efficient to confront the dangers that face Iraq and to protect its national security. " […]

Reuters Bureau Chief Flees Iraq

By John Lee. Reuters' bureau chief in Baghdad has left Iraq after he was threatened on Facebook and denounced by a satellite news channel belonging to a Shiite paramilitary group. Journalist Ned Parker has previously detailed lynching and looting in Tikrit, following the city's liberation from the Islamic State (IS, ISIS, ISIL). In addition to […]

IOM Iraq Signs MoU with Charity

The International Organization for Migration (IOM) in Iraq this week signed a Memorandum of Understanding (MoU) with Bahjat al-Baqir Charitable Institution in Baghdad to advance humanitarian programs in response to the current crisis. The agreement covers cooperation in emergency response distributions, provision of health and psychosocial services, and livelihoods programming. The organizations will also collaborate on […]

Splitting Basra Crude "Makes Sense"

By John Lee. Reuters reports that Iraq's plan to split its Basra crude into 'heavy' and 'light' grades from May should reduce quality issues dogging its exports, but adds that there will be challenges getting the price it wants and setting up the required infrastructure. An official at the state-run South Oil Company (SOC), who […]

IS Sells Oil at Under $30/barrel

By John Lee. The Iraqi Oil Minister Adil Abdul Mahdi claims that the Islamic State (IS, ISIS, ISIL) are selling oil for as little as $30 a barrel. BasNews quotess the Minister as saying that the militants are getting their oil from two major sites in Salahaddin Province; the Allas and E’jeel oil fields. This […]

Basra "Takes Further Steps Toward Independence"

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. Kurdistan of the South? Basra Takes Further Steps Toward Independence Inside Iraq Those who believe that the resource-rich province of Basra would be better off as a semi-autonomus region say […]