Author Archive | Editor

Iraq Contributes to Schlumberger Results

By John Lee. US-based Schlumberger has reported that Iraq has contributed to its revenue growth in the region. In its full-year results for 2019, the company said: “Sequential international growth was led by the Middle East & Asia area, where revenue increased 5% driven by higher year-end product sales in Kuwait, Iraq, and Oman.” (Source: […]

KRG Pres: “We are Not Scared of Iran, but we Respect Iran”

By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan president: ‘We are not scared of Iran, but we respect Iran’ The assassination of Iranian Maj. Gen. Qasem Soleimani of the Islamic Revolutionary Guard Corps (IRGC) in a Jan. 3 […]

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

China’s Zhongman wins $27m Iraqi Drilling Contract

By John Lee. China’s Zhongman Petroleum and Natural Gas Group Corp., Ltd. (ZPEC) has reportedly announced a new drilling contract with Weatherford in Southern Iraq. Chinese media reports that the deal is worth approximately $27 million, and follows another contract with Weatherford in Iraq agreed in December. The oil field was not identified. (Source: Eastmoney)

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th January 2020). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD654 (-2.3%) / $694 (-0.9%) (weekly change) (-0.8% and -1.0% YTD change, respectively). The number of week traded […]

“Successful Year” for Genel Energy

By John Lee. Shares in Genel Energy closed Thursday up more than 4 percent after the company issued the following trading and operations update in advance of the Company’s full-year 2019 results, which are scheduled for release on 17 March 2020. The information contained herein has not been audited and may be subject to further […]

Foreign Troops’ Future in Iraq Uncertain

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Foreign troops’ future in Iraq uncertain as clashes continue For the security of its personnel, NATO has temporarily suspended its training activities in Iraq, given the recent violence […]

New Report on Human Rights in Iraq

By John Lee. Human Rights Watch (HRW). has issued a report on human rights in Iraq, as part of its World Report 2020. Click here to download the report. (Source: HRW)

Cabinet agrees Measures to Improve Public Services

The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi. The meeting was also attended by provincial governors. At the start of the meeting, the Prime Minister delivered remarks about the situation in Iraq and the region. The Prime Minister affirmed that Iraq is strong and capable […]

KRG discusses Reform, Public-Private Partnerships

KRG cabinet discusses reform agenda and public-private partnerships KRG Prime Minister Masrour Barzani and Deputy Prime Minister Qubad Talabani on Wednesday chaired a meeting of the cabinet to discuss the Kurdistan Regional Government’s ambitious reform agenda and the implementation of public-private partnerships. Prime Minister Barzani welcomed the cabinet’s support for the government’s reforms, which will […]

Killers Target Activists performing Logistics for Protests

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Killers target activists performing logistics for Iraqi protests Forces opposed to the protests in Iraq appear to have stepped up operations to kill protest activists and journalists covering the demonstrations […]

Senate Armed Services Chair endorses Iraq Sanctions

By Bryant Harris for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Senate Armed Services Chairman Inhofe endorses Iraq sanctions The Donald Trump administration is doubling down on its Iraq pressure campaign, threatening to impose devastating sanctions on the fragile country […]