Genel Reports on Payments to Governments
Genel Energy has set out details of the payments made to governments for the year ended 31 December 2015, as required under the Disclosure and Transparency Rules of the UK Financial Conduct Authority. The DTRs require companies in the UK and operating in the extractive sector to publicly disclose payments made to governments in the […]
Iraqi Army Radio takes aim at IS
By Mohammed A. Salih for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. At noon on a hot summer's day inside a small makeshift radio studio at the Iraqi army’s Division 15 camp, Deputy Sgt. Fanar Khalid read out several messages from a piece of paper fixed […]
Anbar’s Cities are Free but Extremists still Attack
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. Anbar’s Cities are Free but Extremists still Shelter – And Attack – in Surrounding Desert Every time extremists are forced out of Anbar's cities they take refuge in nearby desert […]
Marsh Residents hold tight to their Reed Homes
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi marsh residents hold tight to their reed homes Many houses in the towns and villages in southern Iraq are made of green reeds. The town of Nasiriyah, which is located 350 […]
GKP announces Bond Default
By John Lee. Gulf Keystone Petroleum (GKP) has announced that the current Standstill Agreement between the Ad Hoc Committee of holders of the Notes and the Bonds and the Company expired on 1 July 2016 at 5pm BST and has not been extended. The Company is currently discussing the terms of an agreement with certain […]
Iraq seeks Mexican Energy Investors
Iraq is seeking to attract Mexican investors into its energy, industrial and infrastructure sectors, according to the head of Iraq's diplomatic mission to Mexico, Hisham Al Jeborri. According to a report from BNamericas, he said that 15 Mexican companies are already active in Iraq, mainly in the areas of oil pipelines, machinery and agricultural tools. […]
What's next for Anbar after Liberation from IS
By Omar Sattar for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As the armed conflict with Islamic State (IS) in Anbar province ended with the liberation of Fallujah, a political conflict emerged there over posts, influence and economic interests. This started even prior to the […]
Video: 260 Vehicles Destroyed in Fallujah Flight
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Air strikes on Islamic State group fighters fleeing after their defeat in Fallujah have destroyed more than 260 vehicles and killed at least 150 jihadists, Iraqi officers said:
Counter-ISIL Strikes Target Terrorists in Syria, Iraq
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Thursday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter, and […]
Will PMUs participate in Battle for Mosul?
By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Will Popular Mobilization Units participate in Battle for Mosul? Ever since Iraq's Popular Mobilization Units (PMU) was founded three days after the Islamic State (IS) took control of Mosul on June 10, 2014, the PMU […]
Daewoong Pharma to Export Drugs to Iraq
By John Lee. South Korea's Daewoong Pharmaceutical has signed a US$25-million contract with Ibn Cina Drug Stores to supply six products to Jordan and Iraq. According to the Korea Herald, the local partner will distribute: Ursa, for liver function improvement; Orlostar, for high blood pressure and hyperlipidemia; Easyef for diabetic foot ulcer; Daewoong pitavastatin calcium […]
Father of IS Terrorist to Stand Trial for Bribery Plot
By John Lee. A court in Australia has decided that the father of a terrorist who was killed fighting for the Islamic State group in Iraq is to stand trial, along with two other men, on charges of conspiring to send a $1-million bribe to Iraq. According to Australian Associated Press, there is no suggestion […]