Lafarge Launches New Cement for Iraq
Lafarge Iraq has launched a new version of Karasta, its multipurpose cement, tailor-made for the Iraqi climate. In order to meet customer expectations and needs the formula of Karasta was revised to improve its workability, decrease cracking and improved setting time as well as better adhesion. Karasta’s new formula meets the Iraq specification 3868 and […]
Iran-Iraq Gas Pipeline Complete by Mar 2015
By John Lee. The pipeline that will carry natural gas from Iran to Iraq will be completed by the end of the current Iranian calendar year (started March 21, 2014), according to a report from Iran's PressTV. The Managing Director of the Iran Gas Engineering and Development Company, Alireza Gharibi, said 7 million cubic meters […]
Iraq Bondholders Eye Default Risk
By John Lee. The escalating conflict in Iraq is making holders of the country's international debt nervous about repayment, according to a report from Reuters. The size of Iraq's dollar debt is relatively small - a $2.7 billion bond launched in 2006 in a restructuring of Saddam Hussein-era commercial debt. It is held by investors […]
Video: Will there be a Third Iraq War?
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. CNN's Jim Sciutto reports on President Obama's comments about the role of the U.S. in the crisis in Iraq:
Video: 'Long Road' of Mistakes in Iraq
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. CNN's Christiane Amanpour speaks with Jay Garner, who led America's post-war Iraq reconstruction efforts in 2003:
Ex-Saddam Baathists Unite in Ninevah Campaign
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. The Iraqi government has yet to tell its side of the story after the Islamic State of Iraq and al-Sham (ISIS) occupied the province of Ninevah on June 10, leaving the door open for interpretations […]
Iraqi Stocks Bounce Back
By Mark DeWeaver. This week saw a dramatic turnaround in Iraqi stocks. Last Thursday’s selloff (see this post) accelerated into a mad dash for the exits on Sunday, with the RSISX losing 4.3% on virtually no advancing volume and 60% of the trading in limit-down stocks. On Monday the index fell another 3% to bottom […]
New KRG Cabinet Announced
The eighth cabinet of the Kurdistan Regional Government was sworn into office on 18 June 2014 at the Kurdistan Parliament. The cabinet consists of the following ministries and departments: Prime Minister: Nechirvan Idris Barzani Deputy Prime Minister: Qubad Jalal Talabani Ministry of Agriculture and Water Resources: Abdulstar Majeed Ministry of Culture and Youth: Khalid Doski […]
Can 300 US Military Advisers save Iraq?
By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. President Obama opposed the 2003 US-led war which toppled Saddam. He based his run for the White House on ending wars rather than starting them. So his decision announced at a press conference […]
KRG Prime Minister Barzani Outlines Priorities
The eighth cabinet of the Kurdistan Regional Government was announced at a special session of the Kurdistan Parliament held on 18 June 2014. Prime Minister Nechirvan Barzani, Deputy Prime Minister Qubad Talabani, and all cabinet ministers were sworn into office. In a speech outlining the programme of the eighth cabinet, Prime Minister Barzani stated that […]
Security Update 20 June 2014
By Anne-Laure Barbosa at Constellis Consulting ISIS related violence in the last 48 hours Baiji Iraqi security forces have reportedly recaptured the refinery, after tribal sheiks helped negotiate a rebel withdrawal from the area. ISIS rebels regrouped into the town of Baiji, which they now appear to control completely. The situation remains fluid and reporting […]
Video: Investor Peter Schiff on Iraq and World Economy
From Russia Today. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's largest oil refinery shut down Wednesday amid ongoing fighting between military forces and insurgents with the Islamic State in Iraq and Syria. The Beji refinery accounts for a quarter of the country's […]