The withdrawal of US troops from Iraq enters its final month, but it would be a mistake to think that this leaves Iraq without the support of the world's biggest economy. On Thursday the US and Iraq issued a joint statement re-affirming their commitment to "forging a strong partnership based on mutual interests that will […]
The ExxonMobil controversy has dominated the business headlines in Iraq over the past week, and while it is very significant and politically sensitive situation, we should not allow it to distract us from the big picture -- the accelerating progress in development of the country. Three quotes from this week's 'Iraq: Untapped Opportunities' conference in […]
By Gavin Jones, Director of Iraq Business News, and Partner at consultancy firm Upper Quartile. This article was originally published on the Emerging Economics blog. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Last week hundreds of people were arrested all over Iraq in […]
The past week has seen two of the biggest oil stories in recent times in Iraq -- the approval by the Iraqi cabinet of the $17 billion project with Shell and Mitsubishi to capture gas from Iraq's main southern oilfields, and the confirmation that the KRG has signed an exploration agreement with the giant ExxonMobil. […]
By John Filson, for the Common Ground News Service (CGNews). Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. US President Barack Obama recently confirmed that he will bring US troops home from Iraq by the end of the year and, at the same time, […]
What's the future of business in Iraq? There are plenty of opinions on this, but the opinion of the former US Defense Department official who was tasked with promoting business in Iraq has to be worth more than most. So what does Paul Brinkley have to say about it? “There’s no opportunity like this in […]
U.S. troops have begun the first wave of their final withdrawal from Iraq, and are on schedule for a complete pull-out by the end of the year. It marks the end of a long military engagement in Iraq, at one time involving 176,000 military personnel in the country. They leave behind them a very different […]
By Gavin Jones, Director of Iraq Business News, and Partner at consultancy firm Upper Quartile. This article was originally published on the Emerging Economics blog. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The U.S. and Iraq have failed to reach an agreement on […]
The rush is on for exploration and production real estate in Iraq. Companies with promising licences, or existing operations, are clearly very desirable to potential investors, and so have had little difficulty tapping the markets for more funds. In recent weeks alone we've seen: WesternZagros Resources raise C$46 million from the Abu Dhabi National Energy […]
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As Reidar Visser reported this week, the Iraqi parliament is taking a six-week break, not re-assembling until 20th November. How they spend their time will vary, of course, and I'm sure that some will be much busier than others. But for those who will be taking the opportunity for some constructive leisure time, a good […]
Governments have many responsibilities, but one of the main requirements of government is not to get in the way. If an economy is to grow, the administration must facilitate, or at the very least not hinder, people who are trying to create value, satisfy demand, and serve customers. But the new inspection regime at Iraqi […]
