Sectarian Militias Assume Larger Role
By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Militiamen in Iraq do not only carry weapons, they also wield religious, moral and economic power over their social environment. They play the role of neighborhood governors in times of peace […]
Call to Open Another American University in Iraq
By Harith Hasan for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Dawa Official Calls for Opening Another American University in Iraq While the number of Iraqi students studying in the United States has been on the rise in the last few years, the […]
Sri Lanka Develops Relations with Kurdistan
The Ambassador of Sri Lanka, Sumith Nakandala, has visited the Kurdistan Region and met with the Head of the KRG Department of Foreign Relations, Minister Falah Mustafa to discuss a wide range of issues including ways of enhancing bilateral relations. The meeting was attended by the Deputy Head of the DFR, Karwan Jamal and the […]
Iraqi-Jordanian Talks in Baghdad
A high-level Jordanian delegation headed by the Prime Minister of Jordan, Mr. Abdullah Alnusur, arrived on December 25th accompanied by eight ministers and a number of senior advisers. The delegation was received at the airport in Baghdad, by Foreign Minister Hoshyar Zebari and Minister of Youth and Sports. A formal reception took place at the […]
Iraq To Become Third Largest Russian Arms Purchaser
A Russian thinktank has predicted that China will be the fourth biggest buyer of weapons from Russia between 2013 and 2016, falling from the second place it held during the 2005 to 2013 period, according to a China Times. The Center for Analysis of World Arms Trade stated in a report released on Dec. 13 […]
Iraq Closes Border With Syria
Prim Minister Nouri al-Maliki's government ordered the Iraq border with Syria closed on Tuesday to aid a massive military operation hunting for al-Qaeda and militant hideouts in the western desert of Iraq. Iraq’s Prime Minister Maliki has been a strong supporter of Syrian President Bashar al-Assad and reports suggested that his government was facilitating the transfer […]
BIS To Accept Additional Deposits From Iraq
The Central Bank of Iraq announced on Sunday that it has received a memo from the Bank of International Settlements (BIS) in Basel Switzerland announcing that it will accept more deposits from Iraq. “This procedure will contribute in increasing Iraq’s money revenues after keeping it in a very secure location,” the Central Bank explained. The […]
Iraq's Cihan Bank To Open UAE Branch
Cihan Bank, a leading private sector Islamic bank from Iraq, is planning to set up a representative office in the UAE and has plans to enter into tie-up with leading UAE banks, according to reports from Gulf News. “Currently, we have an office in Dubai," Gulf News quoted Nawzad Yahya Bajger, vice chairman of Cihan. […]
Journalists Killed In Militant Attack On TV Station
Five people, including a new anchor, were killed in a suicide bombing on Monday after armed militants stormed a TV complex in Tikrit, Iraq, according to CNN. A car bomb exploded outside the Salaheddin TV station, and the local offices of al Iraqiya state TV in Tikrit. The militants stormed the offices, and a suicide […]
SNC-Lavalin Awarded Pipeline Project
By John Lee. Canada's SNC-Lavalin has announced that it has been awarded a contract by the Iraq Ministry of Oil's State Company for Oil Projects (SCOP) to provide engineering services for the Iraq Export Pipeline Project. Working closely with SCOP, SNC-Lavalin will provide front-end engineering design (FEED); long-lead items tendering and evaluation; and engineering, procurement […]
Iran to Supply Petrochemical Services to Iraq
By John Lee. The Head of Iran's Petrochemical Research and Technology Company (PRTC), Gholam Reza Jokar, has said the company is negotiating the export of services to Iraq. He said he hoped that a final deal for exporting PRTC services to Iraq will be reached soon, adding that Iraqi officials have shown interest in Iranian […]
Iraqi Embassy in Abu Dhabi Opens
By John Lee. Foreign Minister Hoshyar Zebari has opened the new Iraqi embassy in Abu Dhabi , capital of the brother United Arab Emirates with the participation of His Highness Sheikh Abdullah Bin Zaied Al Nuhaiyan, UAE Minister of Foreign Affairs, senior officials, members of the Arab and foreign diplomatic corps and a group of […]