Inherent Resolve Counter-ISIL Strikes Continue
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and fighter aircraft […]
Why is Iraq Challenging Human Rights Reports?
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. Human Rights Watch (HRW) issued a report Jan. 31 about the abduction and murder of dozens of Sunnis living in a town in the center of Iraq. “Members of [Shiite] militias, who […]
Oil Minister to discuss Oil Pipeline Project with Jordan
By John Lee. Petra reports that the Jordanian Minister of Energy and Mineral Resources, Ibrahim Saif, will meet his Egyptian and Iraqi counterparts in Cairo on Tuesday to discuss developments regarding the Basra-Aqaba pipeline project. The project, agreed by the three countries in Amman in November 2015, will see oil and gas pipeline running from […]
GKP Confirms Shaikan Payment
By John Lee. Gulf Keystone Petroleum (GKP) has confirmed that the gross payment of US$15 million was received from the Kurdistan Regional Government on 4 March. Following the payment, the Company's current cash position is US$56 million. (Source: GKP)
Iraq to pay $2bn in Arrears to Foreign Companies
By John Lee. Shafaaq reports that Iraq will pay foreign oil companies about $2 billion in remaining arrears for 2015 in April. The arrears were accumulated to international oil companies (IOCs) such as BP, Shell , ExxonMobil, Eni and Lukoil, which operate in under service contracts, whereby they are paid a fixed dollar fee for […]
Iraq Considering Compulsory Military Service
By John Lee. The Iraqi Defence Minister is reportedly working on a draft law to make military service compulsory. According to BasNews, the ministerial council has recently suggested the bill, and the governmental advisory committee is now working on it before presenting it to the council of ministers. If the draft law is approved by the […]
Video: Town Lives in Shadow of World's 'Most Dangerous Dam'
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Amid growing talk that Iraq's largest dam risks bursting, residents of the town of Wana, which would be wiped out within minutes of a breach, are both sceptical and anxious:
Coalition Strikes Target ISIL Terrorists in Syria, Iraq
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and remotely […]
Calls for Greater Women's Representation in Decision Making
International Women’s Day: Calls for Greater Representation in Decision-Making as Iraqi Women Continue to Suffer from the Crisis UN Women, in partnership with the Women Parliamentary Committee, organized a high-level event today at the Council of Representatives (Parliament) in Baghdad to mark International Women’s Day. The event comes at a particularly difficult time for Iraqi […]
Japan gives $15m to UN-Habitat Projects in Iraq
United Nations Human Settlements Programme (UN-Habitat) has received USD 15 million from the Government of Japan to implement two projects in Iraq: “Gender-sensitive Durable Shelter Support for Internally Displaced Persons in Iraq” and “Promoting Urban Recovery in Newly Liberated Areas in Iraq.” The conflict with the Islamic State of Iraq and the Levant (ISIL) has […]
US Allows Iraq to Postpone $2.7bn for Arms Purchases
By John Lee. The US government has said it will allow the Iraqi government to postpone the payment of $2.7 billion for arms purchases. On a visit to Baghdad, US Special Presidential Envoy Brett McGurk (pictured) met with Prime Minister Haider al-Abadi, Speaker of Parliament Saleem al-Jibouri, and the governors of Diyala, Salah ad-Din, Ninewa […]
Atlas Copco Appoints a New Distributor in Iraq
Atlas Copco has appointed a new distributor, Merkez Al-Madina for Machinery and Equipment Trading Company. The company is part of the HMBS Group, which has been operating in Iraq for over 100 years and will now represent Atlas Copco’s Compressor Technique and Construction Technique business areas in Iraq. Equipment and aftermarket services covered by this […]