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Etihad Celebrates Success of its Services in Iraq

Etihad, the national airline of the United Arab Emirates (UAE), this week celebrates its very successful first year of operations in Iraq. Etihad, the first airline in the UAE to fly to Baghdad, commenced services from Abu Dhabi to the Iraqi capital in April 2010 and two months later commenced operations to Erbil, its second […]

Bin Laden Dead, Business Goes On

After many years of searching, American forces have finally managed to track down and eliminate Osama Bin Laden. The news has reverberated around the world, and it has implications for all countries in the region, not least Iraq. Our security expert John Drake has been analysing the possible effects of this latest news for Iraq, […]

Jordan Requests Increased Allocation of Iraqi Oil

Iraq has received an official request from Jordan to raise oil supplies to 30,000 barrels a day after Egyptian gas stopped flowing to the kingdom when a Sinai pipeline was attacked, AFP has reported. "I have sent a letter to the Iraqi oil minister and asked to increase the oil supplies from 10,000 barrels a […]

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Major Expansion for Basra Airport

The Basra International Airport in southern Iraq will undergo a major expansion and renovation this year, according to its director. On the sidelines of the first Iraq Airports Expansion, Cargo and Logistics Conference and Exhibition held in Erbil last week, Abdul Ameer Ganim Abdullah said: "There are several huge projects that will commence this year, […]

Britain to Close Basra Consulate?

As part of a dramatic restructuring of its embassies and consulates around the world, Britain's Foreign and Commonwealth Office will close its consulate in Basra, according to a report from The Independent. The Foreign Secretary, William Hague, is thought to have concluded that the high cost of providing security to the consulate is disproportionate to […]

Iraqi Trade Unions Demand New Labour Law

A number of Iraqi trade unions and NGOs called for a new labor law, lifting restrictions on the freedoms of assembly and association, more job opportunities and social security for the unemployed, according to a report from Aswat al-Iraq. “The trade unions and activities of civil society organizations in Iraq stress their demands compatible with […]

KIMADIA Encourages Participation in Iraq Health Expo 2011

KIMADIA, the State Company For Marketing Drugs And Medical Appliances invites all medical companies and scientific bureaus to participate in IRAQ HEALTH EXPO 2011. Iraq Health Expo and Conference - International Medical Equipment, Healthcare Industry and Services Exhibition will take place between 27-30 October 2011 in order to reconstruct the industry in Iraq. The purpose […]

ShaMaran to List on NASDAQ First North

ShaMaran Petroleum Corp. has announced on Monday that it intends to apply for a secondary listing of its Common Shares on the First North list of the Nasdaq OMX Stock Exchange in Stockholm, Sweden. E. Ohman J:or Fondkommission AB has been engaged as the Company’s financial advisor in connection with the secondary listing. Trading on […]

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DNO Releases Final Audited 2010 Annual Report

DNO released its final audited 2010 Annual Report on Friday. DNO's financial results are unchanged from what was presented to the market as the preliminary financial results on 17 February 2011. In 2010 the Company delivered revenues of NOK 1,252 million and an operating profit of NOK 157 million. The EBITDA in 2010 was NOK […]

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Baghdad-Aleppo Rail Line Completed

The railway connecting Baghdad with the Syrian city of Aleppo was officially completed on Sunday, the Iraqi Transport Ministry announced. AKnews reports that the project involved constructing a 150 km connecting spur. The trains will travel up to 100 kilometers per hour. A spokesperson for the General Railways Company told AKnews: "The railway line between […]

Karbala Grants Licences to 27 International Companies

The local council in Karbala [Kerbala] has granted 27 investment licences to international and Arab companies, including an Iranian company, the chairman of the Karbala council said on Monday. “All news assertions that Iranian companies control the Karbala market are baseless,” Mohammad Hamad al-Moussawi told Aswat al-Iraq news agency. “There is only one Iranian investment […]