Farmers Compensated for Oil Works in Wassit
By John Lee. The Iraqi Oil Ministry has announced that it has paid compensation of more than 3 million Iraqi dinars ($2.6 million) to farmers whose lands were damaged their lands because of oil projects in Wassit province. The amounts relate to the years from 2012 to early 2015, and were paid to 618 farmers. […]
Protest Over Media Prizes
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. Rewarding Journalists For Bias? Iraqi Media Protest Over MPs' Unfair Prize Giving Recently the Iraqi Parliament decided to give out awards to journalists in the press corps in Baghdad. For […]
UN Funds and Stock Running Out in Ramadi
UN agencies are rushing humanitarian assistance to people fleeing Ramadi for the second time in a month. Close to 25,000 people have fled Ramadi following ISIL attacks and fierce fighting in the city. Most of the displaced are fleeing towards Baghdad, with many trying to enter through security checkpoints. In response to urgent requests from […]
Iraqis use Social Media to Pressure Govt
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. Social networking sites in Iraq are turning into a real pressure tool on government decision-making centers. This became obvious April 28 when activists and bloggers started a media campaign on Facebook against the Iraqi […]
US to Deliver Anti-Tank Weapons in June
By John Lee. The United States plans to deliver 1,000 shoulder-fired AT4 anti-tank systems to Iraq in early June, a senior US State Department official told Reuters on condition of anonymity. The decision to supply anti-tank weapons was reportedly made during the visit of the Iraqi Prime Minister, Haider al-Abadi, to Washington in April. The […]
Paris to host Int'l Meeting on Iraq, Syria
By John Lee. A French government spokesman has confirmed that an international meeting on the conflicts in Iraq and Syria will take place in Paris on 2nd June. French Foreign Minister Laurent Fabius, US Secretary of State John Kerry and Iraqi Prime Minister Haidar Al-Abadi are to co-chair the meeting. According to a report from […]
UNDP Donates Sanitation Tankers to Dohuk
The UN Development Programme (UNDP) today donated three dislodging tankers to local authorities in Dohuk, Kurdistan Region of Iraq, to improve WASH services in a governorate, which contends with one of the largest numbers of internally displaced persons in the world. The dislodging tankers will provide sanitation services to at least three camps, or some […]
Baghdadis Live with Constant Threat of Violence
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Cafe Ridha Alwan in central Baghdad's Karrada district was packed with customers, mostly intellectuals, when an explosion rang out May 2 followed by gun shots. Sirens of the ambulance and firefighter trucks […]
Basra Light Premium hits Multi-Year High
By John Lee. Reuters reports that spot premiums for Basra Light crude hit a multi-year high on Thursday, after Iraq cut supply of the grade to export more of its new Basra Heavy oil in June. Traders told the news agency that the premium for June-loading Basra Light surged to more than $1 a barrel […]
IS seizes Syria's last Border Crossing with Iraq
By John Lee. The Islamic State (IS, ISIS, ISIL) has reportedly seized the last border crossing between Syria and Iraq controlled by the Syrian government. The Syrian Observatory for Human Rights said on Thursday that forces loyal to Syrian President Assad withdrew from the crossing, while Reuters reports that Iraqi security forces have also withdrawn […]
PM Al-Abadi Receives Presidents of Big Russian Companies
By John Lee. During his visit to Moscow, Prime Minister Haider Al-Abadi received the presidents of three major Russian oil and gas companies: Soyuzneftegaz group, Lukoil, and Gazprom. At the start of talks with Abadi in the Kremlin, Russian President Vladimir Putin said Russia is expanding cooperation with Iraq in the area of military technology, […]
Shiite Militias must be Invited to Fight in Ramadi
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. Tough Choices: Everyone Agrees, Shiite Militias Must Be Invited to Fight in Ramadi, Iraq Early in the morning on May 15, the extremist group known as the Islamic State launched […]