By Padraig O'Hannelly. The Kurdistan Regional Government (KRG) has upped the ante in the continuing dispute with Baghdad over oil export revenues. In response to what it describes as "the Iraqi federal government ... not sharing revenues in accordance with the Iraqi Constitution", the KRG has threatened to take legal action against anyone who buys […]
By John Lee. Oil Minister Abdul Kareem al-Luaibi [Elaibi] (pictured) has said that the Iraqi government is dedicated to supplying the ideal safe environment for international companies working in Iraq: "Work in oil refining facilities and oil fields is normal and the ministry has supplied the extra protection needed for those locations by coordinating with […]
By Ali Hashem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Many in Baghdad fear that Iraq is falling apart, given the complex situation that saw the oil-rich country divided into three parts: an autonomous Kurdish region, a Sunni de facto state, while the Shiites, […]
The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) today welcomed the generous contribution of US$9.5 million from the State of Kuwait to UN humanitarian agencies and the International Organization for Migration (IOM) responding to the deteriorating humanitarian crisis in Iraq. An additional $500,000 from Kuwait has been allocated to the Kuwait Red […]
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. Since the start of the political process in Iraq, Shiite cleric Ali al-Sistani has adopted the approach of providing overall direction without interfering in the political decision-making of the Iraqi government. This behavior is […]
By John Lee. Iraq's envoy to the UN has warned that Sunni militants have seized nearly 40kg of uranium compounds from a university in Mosul. Ambassador Mohamed Ali Alhakim (pictured) appealed for international help in the matter, while according to a BBC report, US officials played down the threat, saying the materials were not believed to […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Leaders say they have put aside differences with the Islamic State group to focus on removing Iraq's government. Zeina Khodr reports:
The Kurdistan Regional Government (KRG) threatened on Wednesday to take legal action against buyers of Iraqi oil unless the autonomous region is paid its share of revenue from any sales. The full text of the statement from the KRG follows: Under Article 112 of the Iraqi Constitution, the Iraqi federal government is legally required to […]
The Head of the KRG Department of Foreign Relations (DFR), Minister Falah Mustafa, received the new British Consul General to Kurdistan Region, Mr Angus McKee. During the meeting which was attended by Ms Siham Jabali, Assistant Head of the DFR, Minister Mustafa congratulated Mr McKee on his new posting and expressed the DFR’s readiness to […]
By John Lee. The Provincial Council of Najaf has reportedly decided to boycott Saudi Arabian merchandise because of what it describes as Riyadh's support for sectarian and terrorist groups fighting in Iraq. The Media Director of Najaf's Provincial Council told AIN: "The merchants who will violate this decision will be punished after the period given […]
Canon Middle East has appointed Creative Force to expand its professional video business in Iraq. Focused on the broadcast and production industry, the collaboration is part of Canon's strategy of diversification into new business domains such as professional cinematography and pro-video. According to a BBC report, up to 97% of homes in Iraq have a […]
By John Lee. Minister of Foreign Affairs Mr. Hoshyar Zebari received on July 8, 2014, Mr. Ajay Kumar, the new ambassador of the Republic of India in Baghdad and received a copy of his credentials in a ceremony took place in the office of the ministry. The minister welcomed the guest praising the friendly relations […]
