From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Hundreds of people flee the village of al-Obeidi after it was recaptured by Iraqi forces, who are battling up to the edge of nearby Al-Qaim, the largest town still held by the Islamic State […]
The Government of New Zealand has contributed an additional US$1 million to UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL). This brings the New Zealand’s total contribution to FFS to $2 million to date. Based on priorities identified by the […]
Reporters Without Borders (RSF) has condemned the murder of a Kurdistan TV cameraman near Kirkuk and the previous day’s violence against media personnel by demonstrators in Erbil. The two separate incidents in the space of a few hours point to an alarming decline in the security of journalists in northern Iraq. The cameraman, Arkan Shareef, […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 13 strikes consisting of 15 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition […]
Issued 2 November, 2017: U.S. Mission Iraq has received credible threat information that the Baghdad Mall may be the target of a terrorist attack. U.S. citizens are advised to avoid the Baghdad Mall. As a reminder, U.S. citizens should maintain a heightened sense of security awareness and take appropriate measures to enhance their personal security […]
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has said that oil export capacity at Iraq's southern ports has increased to 4.6 million barrels per day (bpd), following the completion of its fifth single floating terminal. The new terminal has a capacity of 900,000 bpd. The Minister said Iraq will continue to […]
Provincial Council of Basra formulates strategic plan to contribute to effective management of the oil and gas sector The southern Governorate of Iraq, Basra, now has a three-year strategic plan for oil and gas. As a key pillar of Basra’s economy, this industry is supposed to employ thousands of workers and generate billions of dollars […]
By John Lee. Saudi Arabia and Iraq are to discuss the opening a border crossing between the countries for the first time in 27 years. On Tuesday, the Saudi Council of Ministers authorised the minister of finance to work with Iraq to draft an agreement on the re-opening of the Arar border post, which has […]
The World Bank has approved a US$400 million financial assistance package today to support the recovery, reconstruction and rehabilitation of priority infrastructure to restore delivery of public services in areas of Iraq newly liberated from the Islamic State of Iraq and Syria (ISIS). The package represents an additional financing to the Iraq Emergency Operation for […]
On November 1, the Iraqi cabinet set the date for the upcoming parliamentary election as May 15, 2018. In a statement, the cabinet said that the federal government would be responsible for providing a secure environment to hold the elections and help displaced persons return to their districts for the elections, electronic voting will also […]
Weir Oil & Gas Dubai has reportedly been awarded a contract with Eni Iraq BV to provide global maintenance services for gas compressor units and associated equipment located in the three Initial Production Facilities (IPF) plants in the Zubair oil fields in Southern Iraq. The gas compressor units are comprised of gas engines, gas compressors, […]
Saudi Arabian Airlines (SAUDIA), the national carrier of Saudi Arabia, began operating nonstop flights between the airline’s hub in Jeddah and the Iraqi capital city of Baghdad on Monday. The route will commence as a daily service until November 15, with double-daily frequency thereafter. A single-class Airbus A330 will be deployed on the route, featuring […]
