By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has said that Iraq plans to increase oil production at the Kirkuk oilfields to one million barrels per day. According to Reuters, exports from Kirkuk have been on hold since Iraqi forces took back control of them from the Kurds last month. At least […]
By John Lee. The Supreme National Committee for Water has confirmed that no dams were damaged in yesterday's earthquake. Following a meeting chaired by Prime Minister Dr. Haider Al-Abadi, the committee siad it has been instructed to continue monitoring Darbandakhan dam to ensure the safety of its basic structure. (Source: Media Office of the Prime […]
By John Lee. The Kurdistan Regional Government (KRG) said on Tuesday that it would accept a Supreme Court decision prohibiting the region from seceding from Iraq. It said in a statement: "At the request of the Secretary General of the Iraqi Council of Ministers on November 5th, 2017, the Federal Supreme Court issued Decision No. […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A 7.3-magnitude quake hit on the Iraq-Iran border area on Sunday night, killing hundreds of people and injuring thousands of others.
By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. On Nov. 3, NASA published clear images taken by its satellites of the severe dust storm that hit Iraq recently. The climate changes sweeping Iraq are causing human casualties […]
U.S. and coalition military forces have continued to attack the Islamic State of Iraq and Syria, conducting 39 strikes consisting of 67 engagements Nov. 12 through yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the most recent strikes, noting that assessments of results are based on initial reports. Strikes […]
Iraq Britain Business Council holds successful Autumn Conference in Dubai Following on from the first Iraq Britain Business Council conference in Dubai in 2016, the IBBC was delighted to host its Autumn Conference in the UAE once again. The event was strongly supported by the UAE authorities. Alongside Baroness Nicholson, the UK Prime Minister’s Trade […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Rescue teams have been deployed to the regions struck by Sunday’s 7.3 magnitude earthquake on the Iran-Iraq border; initial assessments are that some eight Iranian villages have been affected. At least 207 people […]
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 […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th Nov 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD766 (+0.2%) / $786 (+0.4%) (weekly change) (-20.2% and -17.0% YTD change, respectively). The number of week traded […]
By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Key Iraqi border town retaken amid regional power plays Iraqi Prime Minister Haider al-Abadi raised the Iraqi flag Nov. 5 after climbing a sandy berm from which Islamic State […]
By Mahmut Bozarslan for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Tensions were already high last week between Iraq's central government in Baghdad and the Kurdistan Regional Government (KRG) in Erbil. The stress spiked Oct. 31 near the Iraq-Turkey border when sirens began wailing and […]
