By John Lee. Iraqi Airways will commence its Baghdad-Yerevan-Erbil flights today, Thursday 26th February. Flights to Armenia will run twice a week on Thursdays and Sundays, using CRJ900 and Boeing 737 aircraft. (Source: PanARMENIAN.Net)
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Hassakeh province borders territory controlled by ISIL across the border in northwestern Iraq. An important supply line that ISIL use to move from its so called capital runs through there. Al Jazeera's Zeina […]
By John Lee. Shares in Gulf Keystone Petroleum (GKP), operator of the Shaikan field (pictured) in the Kurdistan Region of Iraq, jumped 65 percent on Wednesday after the company announced that it has recently engaged in discussions with a number of parties in relation to possible asset transactions or a sale of the company. GKP […]
Secretary-General Appoints Ján Kubiš of Slovakia as His Special Representative for Iraq United Nations Secretary-General Ban Ki-moon today announced the appointment of Ján Kubiš (pictured) of Slovakia as his Special Representative for Iraq and Head of the United Nations Assistance Mission for Iraq (UNAMI). Mr. Kubiš succeeds Nickolay Mladenov of Bulgaria to whom the Secretary-General […]
The Defense Department has expedited $17.9 million in equipment and supplies –- some which have already been delivered –- to the Iraqi government, Pentagon spokesman Army Col. Steve Warren told reporters on Tuesday. Warren provided a general update on equipment and supplies authorized for delivery to the Iraqis. “This was a $17.9 million [Foreign Military […]
By John Lee. Turkey has agreed to provide a $500-million [600 billion Iraqi dinar] loan to the Kurdistan Regional Government (KRG) to help pay the wages of state officials. According to a report from Daily Sabah, the loan will be repaid by either being set off from Turkey's crude oil debts or being repaid directly […]
Kurdistan Region Prime Minister, Nechirvan Barzani told the press that Kurdistan Regional Government is committed to the agreement reached between Erbil and Baghdad last December on oil export and Kurdistan Region's share in the 2015 federal budget. In a meeting held yesterday with representatives of media outlets in Kurdistan Region, Prime Minister Barzani highlighted the […]
By Mustafa al Kadhimi for Al Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the opinions of Iraq Business News. Many Iraqi politicians do not hide their concerns and skepticism regarding moves made by Sunni political and tribal groups — whether in the region or Washington — to ensure […]
By John Lee. Zekra Al Wash [Thikra Alwash] (pictured), a civil engineer and director general of the Ministry of Higher Education, has been named as the new mayor of Baghdad. According to a report from AFP, this makes her the first woman to be given such a post in the whole country. Al Wash replaces […]
By John Lee. The Head of Tehran Chamber of Commerce, Yahya Al-e Es'haq [Yahya Ale-Eshaq] (pictured), has said that Iran exported technical and engineering services valued at almost $6 billion (7.2 trillion Iraqi dinars) to Iraq in the first eleven months of the current Iranian calendar year (March 21, 2014-February 19, 2015). Fars News Agency […]
By John Lee. Pakistan's Lucky Cement has reported progress at its grinding unit in Iraq. Analyst Nabeel Khursheed at Topline Securities commented that operations from Iraq contributed net earnings of Rs323m (eps Re1) to Lucky’s consolidated bottom-line. (Source: DAWN.COM) (Picture: Muhammad Ali Tabba, CEO of Lucky Cement)
British Charity Opens Medical Clinic for Iraqi Refugees in Najaf The British-Iraqi charity, the AMAR International Charitable Foundation, has opened a clinic in the Iraqi city of Najaf to give medical assistance to the 70,000 refugees who fled to the region from the Islamic State (ISIL/Daesh). The majority of the Internally Displaced People (IDPs) are […]
