From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. On the frontlines outside the Iraq's city of Kirkuk, contact between Kurdish Peshmerga forces and the Islamic State in Iraq and the Levant (ISIL) is regular. While Kurdish forces' lines have held so […]
2015 draft budget wins cabinet approval as Baghdad sets out New Year spending plans for defence, energy and reconstruction priorities. While the Iraqi public accounts are anticipated to run at a deficit of some 23 trillion dinars (approximately $20 billion) during the coming year as a consequence of sliding oil prices and security expenditure, the […]
By John Lee. The Kuwaiti deputy prime minister, Sheikh Subah Al-Subah [Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah], arrived in Baghdad on Sunday for an official visit. The two sides discussed the promotion of relations between the countries, and the efforts to fight terrorism. Sheikh Al-Subah said that Iraq represents a basic pillar to stabilize the region, […]
The US State Department has approved a possible Foreign Military Sale to Iraq for M1A1 Abrams tanks and associated equipment, parts and logistical support for an estimated cost of $2.4 billion. The Government of Iraq has requested a possible sale of 175 Full Track M1A1 Abrams Tanks with 120mm Gun modified and upgraded to the […]
Emirates Airline and Boeing partnered with a US-based non-profit organization, Another Joy Foundation, to transport a consignment of critically-needed blankets and sleeping bags on board the airline’s newly delivered Boeing 777-300ER (Extended Range). This is the sixth time since 2009 that Emirates and Boeing have collaborated to transport humanitarian aid to countries to the needy in […]
By Padraig O'Hannelly. The Director for the Middle East & Asia at the US State Department's Bureau of Energy Resources has said that while the Islamic State (ISIS, ISIL, IS) is not able to fully exploit the oilfields under its control, it could be able to produce as much as 50,000 barrels of oil a […]
By John Lee. Jordan has long been host to the training of Iraqi forces following the 2003 war, and US led training of Iraqi Special Forces continued there even after the US withdrawal from Iraq in December 2011. Until now however, the Hashemite Kingdom has not directly trained Iraqi infantry. This is about to change […]
The Kurdistan Regional Government (KRG) hosted a series of diplomatic missions and foreign conferences this week, as Peshmerga troops celebrated some of the most decisive military victories since the start of the ISIS counter-offensive in August 2014. While heavy fighting continues to rage across Anbar and the central territories, aid convoys to the besieged inhabitants […]
By John Lee. US News have reported on the presence of several thousand American armoured vehicles being serviced at a US base in Kuwait, in possible preparation for their movement into Iraq. The vehicles are primarily MRAPs (Mine Resistant Ambush Protected vehicles) expensive bulletproof and IED resistant trucks that became a key tool in the US […]
By John Lee. Shell and oil and gas training standards body, OPITO, have joined forces to ensure workers are trained to the globally recognised H2S standard. A corrosive and hazardous gas, also known as “sour gas”, hydrogen sulphide (H2S) occurs in the production of oil and gas fields which have a high content of this […]
Emergency Relief Coordinator Valerie Amos (pictured) has approved the allocation of nearly US$15 million from the Central Emergency Response Fund (CERF) to support newly displaced families in Iraq. "This contribution is extremely timely given the persistent increase in displacement of the Iraqi population since September,” Jacqueline Badcock, the Deputy Special Representative of the UN Secretary-General […]
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. Low Supplies, Political Disputes In Anbar: Not Long Now Before Extremists Take Over Last week, fighters from tribes in Anbar were forced to give up their hold on the town […]
