By John Lee. Local authorities in Basra province have reportedly threatened to break away from the central government and create an autonomous region of their own. The idea was rekindled by MP Wail Abd al-Latif, who told Rudaw: “Efforts toward making Basra an autonomous region is a project and not a trump card against the […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The president of Iraqi Kurdistan has called on Turkey's Kurds to back a flagging peace process with Ankara, in a show of support for Prime Minister Tayyip Erdogan's bid to overcome a three-decade […]
By John Lee. The US Department of Justice has said that an Iraqi construction company has paid $2.7 million to resolve allegations that it bribed a former US Army Corps of Engineers (USACE) official to win contracts in Iraq. Iraqi Consultants and Construction Bureau (ICCB), headquartered in Baghdad, had reached the settlement of alleged violations […]
By Laith Hammoudi. This article was originally published by the Institute for War and Peace Reporting, iwpr.net, and it is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News Mohammed Abid is waiting for an email from the […]
By John Lee. World Tribune reports that Iraq has received its first shipment of Russian Mi-35 attack helicopters. Part of a $4.3-billion deal with the Kremlin, the helicopters are regarded as some of the most advanced in the Russian military. “Iraq expects to see a consignment of around 40 Mi-35 and Mi-28NE attack helicopters by the […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Shia Muslims are marking Ashura, the most revered religious event of their calendar. Millions have travelled to the city of Karbala in central Iraq, despite growing violence in the country. Al Jazeera's Imran […]
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Dozens were killed in Iraq during one of the most holy days for Shiite Muslims. CNN's Mohammed Jamjoom reports:
By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW The ebb and flow of violence continued in Iraq this week with many religious pilgrims targeted and killed by suicide bombers, predominantly in Baghdad and Nineveh provinces. Kurdish fighters have also continued to secure and fortify their positions in northern Syria and along the Iraqi border having […]
By John Lee. Baker Hughes has announced that a protest incident by local residents occurred last Saturday at a subsidiary's facility near Basra. No injuries were suffered and the facility was secured. The incident is currently under investigation. Due to the significant disruption of business, Baker Hughes has suspended operations in Iraq, and has issued […]
By John Lee. A British employee of security firm G4S has reportedly been injured by a group of workers at a Schlumberger camp near the Rumaila oilfield. The Daily Star says the man had tried to remove a picture of Imam Ali, and flags and pamphlets commemorating Imam Hussein, venerated figures in Shiite Islam, allegedly […]
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Disturbing video footage has appeared of dozens of angry Shi'ite Muslim workers storming a Schlumberger Ltd camp at the Rumaila oilfield and beating a British security adviser they accused of insulting their […]
By John Lee. Iraq's deputy prime minister for energy, Hussain al-Shahristani (pictured), has said that 'Big Oil' is about to spend over $25 billion next year to boost oil output towards record levels. He predicted that the southern fields are expected to pump an extra 500,000 bpd in 2014, compared to just over 3 million […]
