AFP reports that Iraq has prepared contingency plans in case a dam on the Euphrates river in northern Syria collapses. The 880-MW dam, in Raqa [Raqqah] province, fell under the control of Syrian rebels in February. It is known as the Al-Thawra [Tabqa] or "revolution" dam (pictured), and was build in 1973; it holds back Lake […]
A British businessman has been found guilty of an $84-million fraud involving the sale of fake bomb detectors to Iraq and other countries. A jury found Jim McCormick guilty on three counts of fraud over the scam, which involved passing off novelty golfball finders, containing no functioning electronics, as bomb detectors. They "ADE651" detectors were […]
Lebanon has officially requested Iraq and Egypt to reduce their transit transport fees, in a bid to cut export costs after major land export routes through Syria were disrupted by the ongoing violence. A statement from Tripoli Chamber of Commerce said: "It is important that we work together with the Agriculture Ministry to service agricultural […]
The Special Representative of the United Nations Secretary-General for Iraq (SRSG), Mr. Martin Kobler (pictured), congratulates the Iraqi citizens on the peaceful conduct of the Provincial Council elections. He commended the work of the Independent High Electoral Commission (IHEC), for its high level of professionalism in conducting the first elections under its full responsibility, as […]
The U.S. Embassy in Baghdad warns U.S. citizens of continued incidents of violence in Iraq, following the February 9 terrorist attack at Camp Hurriya, which killed eight people. Attacks, similar to what occurred on February 9, may occur at any time. The U.S. government considers the potential threat to U.S. Government personnel throughout Iraq to […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq has been taking initiatives to help the families of the people who died or were wounded as a result of the acts of violence that have shaken the country since […]
By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW After a brief week-long hiatus the intensity and number of high impact attacks against political and sectarian targets increased with bombings countrywide as Iraqis prepare to go to the polls on Saturday to vote for members of provincial councils in a ballot that will be a measure […]
By John Lee. Commenting in Oilprice.com on the newly-announced, $18-billion pipeline from Iraq to Jordan, John C.K. Daly says that while it is easy to understand the appeal of such a project in energy-starved Jordan, the geopolitical issues remain significant and seemingly unresolved. The 1,043 mile-long dual pipeline would be capable of transporting one million barrels of […]
By John Lee. Habtoor Leighton Group (HLG) chairman, Riad Al Sadik (pictured), has said Leighton's name “became very, very bad in Iraq” in 2012 following the bribery scandal. “HLG was definitely affected,” he told The Australian. “It took us quite some time to clean this up.” The company sacked a senior manager last year as […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A wave of bombings across Iraq have killed at least 19 people and wounded more than 100 others, officials said, just days before the country's first elections since US troops withdrew. Most of […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Dozens of attacks across Iraq on Monday killed at least 24 people just days before the country's first elections since US troops withdrew. In Tuz Khurmatu, which lies 175 kilometres (110 miles) north of […]
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A political analyst tells PressTV that the Baath party and the remnants of the former regime, the Saddamists are taking advantage of al-Qaeda and making a strategic alliance with al-Qaeda to spread terror […]
