Basra's Beleaguered Governor Under Fire
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. Political Independence Doesn't Pay: Basra's Beleaguered Governor Under Fire As they have done with the pictures of his predecessors, the protestors in Iraq's southern Basra province were so angry they […]
$12.7m New Husky Order for Iraq
By John Lee. Critical Solutions International (CSI), of Carrollton, Texas, has been awarded a $12,702,031 firm-fixed-price foreign military sales contract (Iraq) for Husky Mark III 2-Operator 2G vehicles with manuals and spare parts, with an estimated completion date of Dec. 20, 2015. One bid was solicited with one received. (Source: US Dept of Defense)
KRI Growth Slows to Under 1%
By John Lee. The General Manager of the Projects Department in the Kurdistan Region’s Ministry of Planning, Zagros Fattah, has said that economic growth in the Kurdistan Region of Iraq is expected to be less than 1 percent this year. This follows growth of 8 percent in 2013 and just under 5 percent in 2014. […]
Conservation of World Heritage site of Samarra
UNESCO and Iraq today signed an agreement for the Conservation and Management of the World Heritage site of Samarra Archaeological City, which will start with the restauration of the Great Mosque and Al-Malwiyah Minaret. The site has been on UNESCO’s List of World Heritage in Danger since 2007. The agreement was signed at UNESCO’s Headquarters […]
IS Recruiting Efforts Counter Losses
By Patrick Schmidt. The Islamic State group (IS, ISIS, ISIL) has continued its recruitment efforts in its territory even after almost 15,000 fighters were killed in coalition led airstrikes. The international coalition began its air campaign on August 8, 2014 and has conducted over 5,500 strikes on IS targets. The United States does not maintain […]
$10m Humanitarian Contribution from Japan
The Resident and Humanitarian Coordinator for Iraq welcomes the humanitarian contribution from Japan The Resident and Humanitarian Coordinator for Iraq, Ms. Lise Grande today welcomed a contribution of US$10 million from the Government of Japan for life-saving and stabilisation activities in Iraq. “We are so grateful for this contribution. Just yesterday, we announced that humanitarian […]
No Interruptions at GKP's Shaikan
By John Lee. Gulf Keystone Petroleum (GKP), the operator of the Shaikan field in the Kurdistan Region of Iraq, has announced that all production and truck loading operations currently continue without interruption at both Shaikan production facilities (PF-1 and PF-2) in a safe and secure manner. On 29 July 2015, production totalled 43,700 barrels with […]
Afren Forced into Administration
By John Lee. London-listed oil explorer Afren has been forced into administration. Crisis management consultants from AlixPartners were brought in after the company failed to find financial backers to meet a growing cash crisis. In a statement to the markets, the company said: “The board believes that all the possible routes have now been explored […]
Airstrikes Hit 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. Officials reported details of the latest strikes, which took place yesterday, noting that assessments of results are based on initial reports. Airstrikes in Syria Fighter-attack, […]
Video: Children Recruited to Iraq's Battlefield
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Human rights groups are alarmed at the use of child fighters in Iraq. Children as young as 13 years old are being recruited into militias to fight against ISIL in Anbar province. ISIL […]
Iraqi MP Calls for Embassy in Israel
By Patrick Schmidt. A Sunni member of the Iraqi Parliament, Mithal Al-Alusi, called for the opening of an embassy in Israel during an interview with the Kuwati Al-Rai. "Yes, Israel is a state and I support peace with it," he said, when asked if he supported "normalization" with the Jewish state. "I want to see […]
DNO Unaffected by Pipeline Disruption
DNO ASA, the Norwegian oil and gas operator, announced that production from its flagship Tawke field in the Kurdistan region of Iraq continued uninterrupted during this week's shut down of the Kirkuk-Ceyhan pipeline in Turkey, given the flexibility to redirect volumes from exports to local sales. Prior to the pipeline disruption, Tawke production in the […]