Iraqi forces are advancing into the old city of Mosul as they move closer to the Iron Bridge that will take them to the modern city center, Pentagon press operations director Navy Capt. Jeff Davis told reporters today. “Their line of advance is a little like a triangle,” the spokesman said. “They’re pointed right at […]
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 […]
By Omar Sattarfor Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. On March 2, a military force affiliated with the Patriotic Union of Kurdistan (PUK) led by former President Jalal Talabani seized the North Oil Company in Kirkuk province. The military […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq PM Haider al-Abadi to meet Donald Trump Iraq's Prime Minister Haider al-Abadi is due to meet US President Donald Trump in Washington on Monday. A key part of the talks will be […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Saturday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Coalition military forces conducted 17 strikes consisting of 18 […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Booby-trapped homes in Iraq delay civilians' return While Peshmerga forces and the Iraqi forces have made efforts to clear some of the ISIL explosives left behind, there are few resources available to make […]
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. The Karbala Provincial Council announced March 3 the formation of a committee to follow up on the issue of adding the city — which is home to about 300 […]
Iran on Tuesday, March 14, began pumping 15,000 barrels/day of crude oil from Azar Oilfield which it shares with Iraq. Early production from the field, located in the border city of Mehran, began in a ceremony held in the presence of Iranian Minister of Petroleum Bijan Zangeneh. Azar Oilfield development project is aimed at production […]
Further to reports in the media this week, Gulf Keystone (GKP), operator of the Shaikan Field in the Kurdistan Region of Iraq, is today clarifying certain points regarding the marketing of Shaikan crude. Recent media does not correctly represent the views of the Company and its Executives. The inference is that the company does not know […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th Mar 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1055 (-1.9%) / $1083 (-1.5%) (weekly change) (+9.9% and +14.3% YTD change, respectively). The number of week traded […]
Statement at the End of an IMF Mission on Iraq: In 2016, real GDP growth was sustained at 11% supported by a large increase in oil output that benefitted from past oil investments In 2017, economic activity is expected to remain muted due to a 1.5% contraction in oil production and only a tepid recovery […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Thursday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition military forces conducted 12 strikes consisting […]
