Airpower has been a key factor as Operation Inherent Resolve continues to achieve milestones in the fight against the Islamic State of Iraq and Syria, a senior OIR officer told Pentagon reporters via satellite from Baghdad today. “Coalition airpower in support of the Iraqi security forces has been extremely successful in the destruction of ISIS […]
Shell EP Middle East Holdings B.V. has agreed to sell the entire share capital of Shell Iraq B.V (SIBV), which holds its 19.6% stake in the West Qurna 1 oil field, for $406 million, to a subsidiary of Japan's Itochu Corporation. The purchaser will also assume debt of $144 million as part of the transaction. […]
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. Iraqi authorities have been given the green light to begin confiscating the assets of late President Saddam Hussein, along with the assets of many of his relatives and […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is trying to get its antiquated rail system back on track. Established in the early 1950s, it was one of the most prominent train hubs in the Middle East. But war and […]
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 […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Kamal al-Ayash. One of the country’s best known resorts, where different community groups used to holiday together, is slowly coming back to life, after several years in the middle […]
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. Following Iraqi Prime Minister Haider al-Abadi's two visits to Saudi Arabia last year, Saudi Crown Prince Mohammed bin Salman is set to visit Iraq soon, according to Iraqi parliamentarian Saadoun al-Dulaimi. Although neither Riyadh […]
By John Lee. Baghdad has again been ranked as the city with the world’s worst quality of living, according to the Mercer 2018 Quality of Living Survey. Just ahead of it in the table of 231 cities are Sana’a in Yemen and Bangui in the Central African Republic. Vienna again retains the top spot; Zurich […]
By Robert Cole. Chris Frost, the Chairman of the AMAR International Charitable Foundation’s Finance Committee, has retired from the position after five years at the helm. Since he began his Chairmanship, Mr Frost has skilfully overseen AMAR’s already excellent financial arrangements. A frequent visitor to Iraq and the wider Middle East region during his many years […]
Rehabilitation of three vital bridges in the heart of Mosul improves livelihoods for more than 1 million Iraqis Home to a very ethnically and religiously diverse population, Mosul is a symbol of interreligious coexistence and cultural diversity in modern Iraq. During Daesh occupation, the damage inflicted deliberately on the city and the surrounding areas within […]
A strategic partnership has been established between Biwater and Wood to work together in Iraq to address acute water shortages, beginning with the supply of water to the Basrah region. This important agreement between two leading UK infrastructure firms, demonstrates the scale of international interest and support in Iraq’s extensive infrastructure reconstruction efforts, and follows […]
By John Lee. Russian oil company Lukoil has said that lower volumes of compensation crude oil from the West Qurna-2 project in Iraq had "a negative impact on EBITDA dynamics". In its audited consolidated financial statements for the full year of 2017, it added that net of this project, EBITDA increased in 2017 by 17.8 […]
