By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Checking back through e-mails I am amazed it was only 4 days ago on June 10th I messaged an editor pal of mine that something momentous was happening in Iraq. ISIS had occupied […]
The United Arab Emirates Deputy Minister of Economy and Trade, Abdullah Saleh, visited the Kurdistan Region this week to attend the 2014 TradeUAE Iraq conference in Erbil. The conference included 115 Emirati companies specializing in a wide range of sectors, including energy, the food industry, petrochemicals, construction, as well as companies offering banking and communications […]
By John Lee. Bloomberg reports that Iraqi bonds have had their worst week in a year, as a result of the escalating violence in the country. Yields on January 2028 debt rose five basis points to 6.93 percent, taking this week’s increase to 55 basis points, the most since the period ended June 21, 2013. […]
By Rabih Nader for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. During the Iraqi parliamentary elections held April 30, female candidates outperformed many of their male peers and transformed themselves into key players in the electoral scene. In the previous elections, there were […]
By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As ISIS prepares to advance on Baghdad and Iraq slips towards civil war, the world's oil corporations are updating plans to evacuate worried staff, from Dohuk in the north to the southern powerhouse […]
The recent offensive by the Islamic State in Iraq and the Levant (ISIL) -- also known as the Islamic State of Iraq and Al-Sham (ISIS) -- has shown that events sometimes move very rapidly in Iraq. Containing the threat to the rest of Iraq has presented Prime Minister Nouri al-Maliki with a new set of […]
By John Lee. Oil Minister Abdul Kareem al-Luaibi [Elaibi] (pictured) said on Wednesday that Iraq's southern oil export facilities were secure, with shipments now running at around 2.6 million bpd, according to Reuters. Speaking to reporters ahead of an OPEC meeting in Vienna, he said: "All our exports now are from the Basra terminal in […]
By John Lee. Germany's BASF, one of the world’s leading producers of construction chemicals, has joined with French cement and concrete materials leader Lafarge to set up a new plant to make chemicals for the construction industry in Iraqi Kurdistan, according to a report from TradeArabia. Dick Purchase (pictured), head of BASF Construction Chemicals division […]
Announcing an Opportunity for Mid-Career Professionals to Study in the United States The U.S. Embassy in Baghdad is pleased to announce that it is accepting applications for the U.S. Government-sponsored Hubert H. Humphrey Fellowship Program. This program directly supports the goals of the U.S.-Iraq Strategic Framework Agreement to enhance mutual understanding and strengthen connections between […]
By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The exact origin of the proverb "cometh the hour, cometh the man" are unknown, but there can be no doubt the man tasked with saving Iraq from disintegration at this dangerous hour is […]
LUKOIL Overseas (the Operator of LUKOIL's overseas upstream projects) has informed Iraq’s Ministry of Oil that it has fulfilled its contractual obligations for first commercial production at West Qurna-2. LUKOIL, the Operator of the West Qurna-2 project, successfully maintained an average daily production of at least 120 thousand barrels for 90 days, entitling it to […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Islamic State of Iraq and the Levant, (ISIL), is a jihadist group active in Iraq and Syria seeking to establish a Islamic caliphate. With thousands of Arab and foreign fighters under its […]
