Erbil, Baghdad Strengthen Ties in face of IS
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Erbil, Baghdad Strengthen Ties in face of Islamic State It was never impossible to repair the long-strained relationship between the Baghdad and Erbil governments. Compromise had always been available to both parties. […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd October 2014). Note: ISX will be closed starting from October 2, 2014 to October 11, 2014 due to the national holiday of Eid Al- Adhha. The next session will be held on Sunday, October 12, 2014. Please click here to download a […]
Maersk Oil Back in Iraq
By John Lee. Denmark's Maersk Oil is re-starting its operations in Iraqi Kurdistan, having pulled out in August due to the threat posed by the Islamic State (IS). Company boss Jakob Thomasen (pictured) told Børsen: “It’s obvious that the things that have happened over the summer haven’t been pleasant to witness for Maersk Oil, a […]
Extremists Ban Evolution, Patriotism And Literature
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. In Iraqi Classrooms, Sunni Muslim Extremists Ban Evolution, Patriotism And Literature In areas under the control of Sunni Muslim extremists, teachers have been issued a special set of instructions. Among […]
Enka Wins $4.5bn Power Plant Deal
By John Lee. Turkish construction giant Enka has reportedly struck a deal with the Iraqi government to build two natural gas combined cycle plants in Baghdad and Sulaymaniyah. The two projects combined are expected to provide 3,000 megawatts to the Iraqi grid. According to the report from Daily Sabah, the deal, covering the construction of […]
UN: ‘Staggering Array’ of Gross Human Rights Abuses
A “staggering array” of gross human rights abuses and “acts of violence of an increasingly sectarian nature” were committed by the group, the Islamic State of Iraq and the Levant (ISIL) over a period of nine weeks, the United Nations reported today. The report, produced jointly by the UN Assistance Mission for Iraq (UNAMI) and […]
Soldiers Pay Money not to Fight
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. The ‘Astronaut’ Problem: Iraqi Soldiers Who Pay Money To Officers So They Don’t Fight The Iraqi army is suffering badly from what locals describe as the “astronaut phenomenon”. That is, […]
WesternZagros Books First Oil Reserves
By John Lee. WesternZagros Resources has, subsequent to its declarations of commerciality and submissions of development plans, and in accordance with its accounting policies, completed an independent evaluation and a new independent audit of its light oil discovery on the Garmian block in the Kurdistan Region of Iraq. The evaluation has, for the first time, […]
New US Airbase 'No Threat To Iran’
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. Spokesman For Iraqi Kurdish Govt: ‘New US Airbase in Erbil No Threat To Iran’ NIQASH interviewed Safeen Dizayee, the spokesperson for the government of semi-autonomous Iraqi Kurdistan. During a candid […]
Casualty Figures for Sept 2014
According to casualty figures released by UNAMI, a total of at least 1,119 Iraqis were killed and another 1,946 were injured in acts of terrorism and violence in September*. The number of civilians killed was 854 (including 79 civilian police), while the number of civilians injured was 1,604 (including 84 civilian police). A further 265 […]
Video: Peshmerga Push to Retake Mosul
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's Kurdish Peshmerga fighters are trying to reverse gains by the Islamic State of Iraq and the Levant (ISIL) who have overrun much of the country's north. The group is in control of […]
Video: Heavy fighting rages in Anbar
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In Iraq's western Anbar Province a renewed offensive against ISIL has resulted in fierce battles being fought on several fronts through out the province. Al Jazeera's Imran Khan reports from Baghdad.